The U.S. economy lost 701,000 jobs in March, and the unemployment rate jumped by nearly a point to 4.4%, according to figures released Friday morning by the U.S. Bureau of Labor Statistics. In response to the March job numbers, AFL-CIO Chief Economist William Spriggs said: Though the recent spikes in unemployment claims were not captured in the …
Economy Loses 701,000 Jobs in March; Unemployment Jumps to 4.4% Read More »
The U.S. economy gained 266,000 jobs in November, and the unemployment rate was essentially unchanged at 3.5%, according to figures released Friday morning by the U.S. Bureau of Labor Statistics. In response to the November job numbers, AFL-CIO Chief Economist William Spriggs tweeted: Last month’s biggest job gains were in manufacturing (54,000), health care (45,000), leisure …
Economy Gains 266,000 Jobs in November; Unemployment Down Slightly to 3.5% Read More »
Blair Zimmerman, Pennsylvania’s Greene County Commissioner, knows coal. As a mine worker for 40 years and then a politician in southwestern Pennsylvania, he knows how important coal is to both the identity and economic stability of his community. He’s even called the White House a few times since President Donald Trump took office, asking the …
Under Trump, coal communities are stuck between a rock and a hard place Read More »
The U.S. economy added 98,000 jobs in March and the unemployment rate declined to 4.5%, according to figures released this morning by the U.S. Bureau of Labor Statistics. While the job growth was tepid in March, and the revisions for the numbers for January and February are weaker than earlier reported, the economy is continuing close to the trend …
98,000 Jobs Added to the Economy in March, Unemployment Is 4.5% Read More »
February, the first full month of the Trump presidency, witnessed solid jobs growth of 235,000 with the headline unemployment rate little changed, at 4.7 percent, according to the Bureau of Labor Services monthly report. Trump has already tweeted to claim credit for the results, but neither his plan nor his administration were in place. In …
We Must Create Good Jobs: Sherrod Brown Shows the Way Forward Read More »
Steve Mnuchin, Trump’s nominee for Treasury Secretary, claimed during his confirmation hearing on Thursday that the unemployment rate is “not real” and that “the average American worker has gone nowhere.” In response to a line of questioning by Sen. Maria Cantwell (D-WA) about what he would do to protect voters from another recession, Mnuchin claimed …
Trump’s Treasury secretary pick claims the unemployment rate is ‘not real’ Read More »
The Federal Reserve Open Market Committee (FOMC) that determines U.S. monetary policy met in July. Its job is to weigh the state of the American economy, both the labor market and inflationary pressures to set policy. In an interesting note, its discussion of the labor market explicitly noted the condition of the African American and …
The economy added 173,000 jobs in August while the unemployment rate fell to 5.1 percent, according to the latest data from the Bureau of Labor Statistics. Analysts had expected 220,000 jobs to be added. That’s the lowest unemployment rate since March of 2008. August jobs reports are frequently unreliable, however, and tend to get revised upward …
Unemployment Drops To Lowest Rate Since April Of 2008 Read More »
The unemployment rate edged down to 5.6 percent in December from 5.7 percent in November (revised from an earlier reported 5.8 percent), the Labor Department reported today. However, the main reason was that 273,000 workers reportedly left the labor force. The employment-to-population ratio (EPOP) was unchanged at 59.2 percent, roughly 4.0 percentage points below the …
The Dark Side Of the Jobs Report: Shrinking Workforce, Stagnant Wages Read More »
With 25 percent of its African-American residents jobless, Chicago has the highest black unemployment rate among the nation’s five most populous cities. Chicago’s rate is higher than Philadelphia’s 19 percent, Los Angeles’ 18 percent, Houston’s 15 percent and New York City’s 14 percent, based on 2013 U.S. Census figures. Why? Experts point to Chicago’s unique brand …
Chicago’s Black Unemployment Rate Near Quadruple That of Whites Read More »
Madeline Messa is a 3L at Syracuse University College of Law. She graduated from Penn State with a degree in journalism. With her legal research and writing for Workplace Fairness, she strives to equip people with the information they need to be their own best advocate.
