Author Archive
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No Experience or Degree? You’re Hired
It's a job-seekers' market, apparently. With unemployment low , the Wall Street Journal reports that employers in a wide range of fields around the US are loosening up on job requirements in order to fill positions. For those without a college degree or experience in a particular field, it means the... Go to Source Author: Newser Editors
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Unemployment Rate Hasn’t Been This Low Since April 2000
May ushered in an 18-year low as far as the unemployment rate goes, with 223,000 jobs added and the jobless rate sinking to 3.8%. That's better than expected: Economists had anticipated a gain of 190,000 jobs and for the unemployment rate to hold at 3.9%. May's... Go to Source Author: Newser Editors
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This Town Will Pay You to Live 45 Minutes From Cincinnati
America's 4.1% unemployment rate doesn't exactly bring smiles to the leaders of America's small towns. "Eventually you run out of people to do the work," is how one economist puts it to the Wall Street Journal . And we're nearing that eventuality, following an exodus of the key class of... Go to Source Author: Kate Seamons
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Finland Ditches Basic Income; US Is Up Next
It looks like universal basic income won't get the green light in Finland. A little more than a year into a two-year trial, the Finnish government says it won't expand an experiment that sees 2,000 unemployed Finns paid $685 per month in basic income , rather than financial benefits, with... Go to Source Author: Arden Dier
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Unemployment Rate Doesn’t Budge for 6th Month in Row
Economists had projected the unemployment rate to drop to 4.0% for the first time since 2000, but that milestone wasn't to be in March: The jobless rate held steady at 4.1% for the sixth consecutive month, the Wall Street Journal reports. Some 103,000 jobs were added, well... Go to Source Author:
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Employers Added Way More Jobs Than Expected
US employers went on a hiring binge last month, adding 313,000 jobs, the most since July 2016, and drawing hundreds of thousands of people into the job market, per the AP . The figure of 313,000 easily surpassed the 205,000 economists had predicted, reports the Wall Street Journal... Go to Source Author:
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Now It’s Trump vs. Jay-Z
The subject in President Trump's Sunday morning Twitter crosshairs is somewhat less than likely: Jay-Z, reports Politico . He tweeted : "Somebody please inform Jay-Z that because of my policies, Black Unemployment has just been reported to be at the LOWEST RATE EVER RECORDED!" The back-and-forth started Saturday night, when the rapper... Go to Source Author: Polly Davis Doig
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Jobs Report Is So-So, but It Continues a Streak
US employers added 148,000 jobs in December, a modest gain but enough to suggest the economy entered the new year with solid momentum, per the AP . The Labor Department says the unemployment rate remained at 4.1% for a third straight month, the lowest since 2000. Employers added nearly... Go to Source Author:
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Employers Add More Jobs Than Expected
US employers added a robust 228,000 jobs in November, a sign of the job market's enduring strength in its ninth year of economic recovery, per the AP . The Labor Department says the unemployment rate remained at a 17-year low of 4.1%. The economy is expanding at a healthy... Go to Source Author:
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Unemployment Now at Lowest in 17 Years
US employers added a robust 261,000 jobs in October as the economy recovered from hurricanes that slammed the Southeast in September, per the AP . The Labor Department says the unemployment rate declined to 4.1%, the lowest in nearly 17 years, from 4.2% in September. The burst of... Go to Source Author:
