Jobs

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Weekly Jobless Claims Tick Lower

The U.S. Department of Labor reported that weekly jobless claims fell by 6,000 to 271,000 in the past week. This breaks what had been a growing series of upticks in ...
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Unemployment Well Above 6% in Several States, West Virginia at 7.5%

While U.S. unemployment rate has dropped to 5.3% and the economy adds roughly 200,00 new jobs a month, several states have maintained unemployment rates much closer to what the higher ...
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Jobless Claims Tick Higher

The U.S. Labor Department is out with another weekly jobless claims reading. Claims rose 4,000 last week to 277,000. This is the fourth straight week with claims ticking higher, but ...
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Job Openings and Labor Turnover Make for Healthy Jobs Market

The U.S. Bureau of Labor Statistics has released its monthly Job Openings and Labor Turnover Survey. This is the so-called JOLTS report and it comes with a one-month lag. The ...
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When Payrolls and Unemployment Just Meet Estimates

If you were paying much attention to the financial media over the past week or so, you would think that the Federal Reserve's decision on interest rates and every other ...
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Youth and Black Unemployment Drags Down National Numbers

Based on recent government numbers, 9.6% of black or African Americans were unemployed. The figure among people 16 to 19 years old was 18.5%. These stand in sharp contrast to ...
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Map of United States

States Where Unemployment Is Still Above 7%

As U.S. unemployment falls toward 5% and the economy adds close to 200,000 jobs a month, the recovery remains extremely uneven, with two states at or above 7% and a ...
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Have We Hit a Peak in the Job Market?

On May 16, initial weekly jobless claims bottomed out at 266,500. Not only is this the lowest number since the recession, it is the lowest number since April 15, 2000, ...
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The American $52,000 Household Income

The Labor Department data which show that wages and benefits only grew .2% in the June quarter, served as a reminder of the struggle Americans have to make to simply ...
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Weekly Jobless Claims Plummet to 1973 Lows

The U.S. Labor Department has released a solid weekly jobless claims report for the week ending July 18. Its advance report for seasonally adjusted initial claims was down a massive ...
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Five States With Highest Unemployment

The national unemployment rate for June was 5.3%, essentially unchanged from May. And the lowest unemployment rate in the country was less than half that, 2.6% in Nebraska. No other ...
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Los Angeles

Los Angeles Raises Minimum Wage for 800,000 Workers

By 2020, as many as 800,000 minimum wage workers in the city of Los Angeles will be earning $15 an hour. The city council on Tuesday evening approved a plan ...
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jobs

Major US Companies to Add 100,000 Jobs

A coalition of 17 companies announced Monday morning a job creation program called the “100,000 Opportunities Alliance,” which has a goal of being the nation’s largest employer-led group committed to ...
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Weekly Jobless Claims Unexpected Rise Back Toward 300,000

This past week brought an unusual rise in weekly jobless claims, up 15,000 to 297,000. Bloomberg was calling for a reading of only 276,000. It is very possible that the ...
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Job Openings at New High, While Labor Force Participation Rate Looks Dismal

The U.S. Department of Labor has released its monthly Job Openings and Labor Turnover Summary (JOLTS) report. America had a total number of 5.4 million job openings on the last ...
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