Author Archive
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Getting Fired Can Be Harder Than Losing a Spouse
Here's something you might not want to forward to your significant other: You're likely to recover from losing him or her faster than you would recover from losing your job. So say researchers at the University of East Anglia and the What Works Center for Wellbeing in the UK, who've... Go to Source Author: Elizabeth Armstrong Moore
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Jobs Report Brings Bad News on Hiring
A not-so-great unemployment report Friday: US employers added just 98,000 jobs last month, the fewest in a year, though the unemployment rate fell to an almost seven-year low of 4.5%, reports the AP . The Labor Department says the unemployment rate fell because nearly a half-million more Americans found... Go to Source Author:
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Trump Crows After Release of Strong Jobs Report
The odds of a rate hike by the Fed next week just went up even more: The Labor Department released another solid unemployment report Friday morning. US employers added 235,000 jobs in February, more than expected, and the unemployment rate dropped from 4.8% to 4.7%, reports MarketWatch... Go to Source Author:
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Cities With Best, Worst Unemployment Rates
The nation's unemployment rate now sits below 5%, but that figure obviously varies across the country. 24/7 WallSt crunched numbers and determined the US cities faring best and worst in terms of employment. Here are the five at the bottom of the scale: El Centro, Calif. : 20.9%, up from... Go to Source Author: Newser Editors
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Employers Keep Hiring at Brisk Pace
US employers ramped up hiring last month and more Americans began looking for work, a sign that President Trump has inherited a robust job market, reports AP . The Labor Department says employers added 227,000 jobs in January, the most since September and higher than last year's average monthly gain... Go to Source Author:
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10 Numbers About the America Trump Will Lead
President Trump is now officially so , as the mantle was passed from President Obama Friday in Washington. NPR takes a look at a slew of stats that show the America Trump has been handed from his predecessor, which NPR notes is "far more solid in some ways (economics) and shakier... Go to Source Author: Jenn Gidman
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We Went From 7.8% to 4.7% Under Obama’s Watch
It's the end of an era: The last jobs report that falls fully under President Obama's tenure was issued on Friday, and he'll hand President-elect Donald Trump an economy that boasts a 4.7% unemployment rate. That's a tick up from November's 4.6%, and was expected by economists. The... Go to Source Author: Newser Editors
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Finland Tries Paying Its Unemployed a Basic Income
Finland is the first country in Europe to pay its unemployed citizens a basic monthly income, amounting to $587, in a unique social experiment that aims to cut government red tape, reduce poverty, and boost employment. Olli Kangas from KELA, the government agency responsible for social benefits, said Monday that... Go to Source Author:
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Hiring Steady as Wages See Biggest Rise Since Recession
US employers added a decent 161,000 jobs in October, and the unemployment rate dipped to 4.9% from 5%, reports the AP . It was the final major report on a lukewarm but durable economy before Americans choose a new president next week. The Labor Department said Friday that average... Go to Source Author:
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An Uber Headache? 2 Drivers Awarded Unemployment
Uber has been fighting tooth and nail to keep its drivers classified as independent contractors rather than employees, with success . Now, a speed bump in New York: The state's Department of Labor in August and September ruled that two Uber drivers are eligible for unemployment payments, the New York Times... Go to Source Author: Daniel Kay
