Author Archive
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Unemployment Rate Lowest Since May 2008
A better jobs report than expected today, at least when it comes to new jobs: 295,000 of them were added last month, and the unemployment rate fell to 5.5%, the AP reports. Economists had expected 240,000 new jobs, with the unemployment rate expected to drop from 5.... Go to Source Author: Evann Gastaldo
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Not Having a Job Could Warp Your Personality
New research suggests being unemployed may actually alter a person's "core personality" for the worse, making it harder to secure new employment, per the American Psychological Association . A study published in the APA's Journal of Applied Psychology looked at nearly 6,769 German adults who took a personality test at... Go to Source Author: Jenn Gidman
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1st Jobs Report of 2015: Mostly Good News
The US economy added 257,000 jobs last month, a full 20,000 more than economists had expected today's jobs report to show, the Wall Street Journal reports. The unemployment rate ticked up from 5.6% to 5.7%, but as the AP explains, that's partially because more Americans started... Go to Source Author: Evann Gastaldo
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America’s Male Worker Is Dying —by Choice?
The US once had one of the highest employment rates of the world's developed nations. Now, not so much. And men in particular aren't working as much as they used to. In 2000, 89% of men aged 25 to 54 went to work, compared to 95% in the late 1960s.... Go to Source Author: Arden Dier
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This Year Could Be Best for Hiring Since 1999
With the November jobs report in, America is poised to have its best year for job gains since 1999. Last month, 321,000 jobs were added, and the unemployment rate held steady at 5.8%. According to the Wall Street Journal , economists had expected just 230,000 jobs. More good... Go to Source Author: Evann Gastaldo
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Pope: Europe Is ‘Elderly and Haggard’
Pope Francis has been rather nice to gays and atheists , but Europe, look out. The Wall Street Journal reports that the pope took Europe to task today during a speech at the European Parliament in Strasbourg, France, calling the continent "elderly and haggard" and "no longer fertile and vibrant"—not... Go to Source Author: Neal Colgrass
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In Your 20s? Here’s How to Get a Fatter Salary at 40
A new study has a message for twentysomethings: To land a better-paying job that you love when you're older, it's healthy to job-hop now. It seems that frequent job-switchers boost their odds of having higher-paying, more satisfying jobs in their 30s and 40s, the Atlantic reports. While the cause isn't... Go to Source Author: Matt Cantor
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Unemployment Rate Lowest Since 2008
The unemployment rate ticked down from 5.9% to 5.8% last month, its lowest level since July 2008, the AP reports. And 214,000 jobs were added; 233,000 had been expected, per the Wall Street Journal 's forecast, with the unemployment rate expected to stick at 5.9%.... Go to Source Author: Evann Gastaldo
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Unemployment Rate Hits 6-Year Low: 5.9%
We saw what the AP terms a "burst of hiring" last month, with US employers adding 248,000 jobs and the unemployment rate dropping to its lowest level since July 2008—5.9%. Economists had expected 215,000 new jobs and the unemployment rate to hold at 6.1%, the... Go to Source Author: Evann Gastaldo
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Today’s Jobs Report: Not Great
Economists expected 225,000 jobs to be created in August—but today's jobs report reveals that just 142,000 were added, the "lowest level of job growth" seen this year and "well below" the average of 212,000 we've seen over the past year, the Wall Street Journal reports. The... Go to Source Author: Evann Gastaldo
