Tag Archives: unemployment

The Associated Press reports: The number of furloughed federal employees seeking unemployment benefits jumped in the first two weeks of the shutdown, topping 10,000 during the week of Jan. 5. The Labor Department said Thursday that is double the number of federal workers who sought aid in the previous week. Typically fewer than a thousand former federal employees apply for …

Mediaite reports: One of President Donald Trump’s favorite boasts, in recent weeks, is noting the fact that unemployment among black workers has sunken to record lows during his tenure in office — even taking full credit for the decline. But now, it looks like Trump won’t have “record low” talking point to kick around anymore. The January jobs report is …

MarketWatch reports: Some 211,000 people found new jobs in April as hiring rebounded from a wobbly showing in early spring, offering fresh evidence the U.S. economy is still growing at healthy pace after a slow start to the year. The unemployment rate, meanwhile, dipped to 4.4% from 4.5% to set a postrecession low. The last time the rate was so …

Reuters reports: The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signaled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation. The rate increase, regarded as a virtual certainty by financial markets in the wake of a string of generally …

Yahoo Finance reports: In a stunning development, the Bureau of Labor Statistics just revealed that the US unmployment rate unexpectedly dropped to 4.6% in November. This is the lowest level since August 2007. Economists were expecting the rate to be unchanged from October at 4.9%. During the month, US companies added 178,000 non farm payrolls, which was a tad lighter …

CNN Money reports: America’s economy stayed on track before the U.S. election. The U.S. economy added 161,000 jobs in October, a solid gain, yet below the 191,000 jobs added in September, according to the Labor Department. It is the last look at the health of the economy for Americans voters before they cast their ballots. Unemployment fell a tick to …

#ThanksObama! The Washington Post reports: The U.S. economy finished the year with a red-hot hiring spree, adding 292,000 new jobs as the unemployment rate held steady at 5 percent, according to new government data released Friday morning. The latest jobs report exceeded the expectations of economists and investors and provided a reassuring note about the resiliency of the labor market, …

Via the New York Times: The economy gained fresh momentum last month as the Labor Department reported on Friday that employers added 295,000 workers in February, far exceeding expectations, and the unemployment rate took another dip. But wage gains continued to lag, rising only 2 percent from a year earlier. The unemployment rate fell to 5.5 percent, its lowest since …

The Labor Department today reported that 248,000 jobs were created last month, pushing the unemployment down to a six-year low of 5.9%. Via Politico: The number of new jobs easily surpassed expectations — analysts had predicted 215,000 jobs created last month, according to a Bloomberg survey. Friday’s robust jobs report comes at an opportune time for the White House as …

Via the New York Times: The jobs picture brightened in November as hiring in the United States was stronger than expected and the unemployment rate fell to a five-year low, data that increases the likelihood that the Federal Reserve will begin easing its stimulus efforts sooner, rather than later. In November, the jobless rate dropped to 7 percent. Economists surveyed …

“The books are cooked! Fake!” said all of Teabagistan.

The February jobs report has been released. U.S. employers added 236,000 jobs to non-farm payrolls in February, the Bureau of Labor Statistics reported on Friday, up from 119,000 in January. That was the best payroll growth since 247,000 jobs last November and the second-best month for job growth of the past 12 months. The unemployment rate dropped to 7.7 percent …

GOProud today sent out a fundraising letter blaming those communist unions for the demise of Hostess Brands and offering to send donors a Twinkie in return for a $50 contribution. Chris Geidner has the text: You know that our staff at GOProud works every day free market principles and freedom for everyone. You may not know about our special emergency …

Despite some claims that the storm-related closure of federal offices would cause its delay, the highly-anticipated final pre-election jobs report was issued on schedule today. One analyst calls the report “solid.” In the final monthly jobs report before Election Day, the government today said the U.S. unemployment rate for October ticked up to 7.9 percent. The Labor Department’s Bureau of …

The September jobless rate is out and the news is good for the president. The nation’s unemployment rate dropped to the lowest it has been since early in 2009 in September, providing a potential upbeat talking point for President Barack Obama in the days left before the presidential election. The Labor Department reported Friday that the unemployment rate fell to …

Gallup reports: U.S. unemployment, as measured by Gallup without seasonal adjustment, is 8.1% for the month of August, down slightly from 8.3% measured in mid-August and 8.2% for the month of July. Gallup’s seasonally adjusted unemployment rate for August is also 8.1%, a slight uptick from 8.0% at the end of July. The number of jobs increased for the 30th …

Fox News claims to have no idea who’s behind these Las Vegas billboards, but we can guess.