Blog
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July’s Jobs Report: ‘Goldilocks-esque’
Not much surprising news in today's jobs report: The economy added 209,000 jobs, when 230,000 had been expected, according to the Wall Street Journal ; the unemployment rate ticked up to 6.2%, when it had been expected to remain 6.1%. Michael J. Casey sums things up in... Go to Source Author: Evann Gastaldo
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In This Frigid Territory, Unemployment Is Illegal
How does Svalbard, Norway, remain nearly crime-free? There are a number of factors (there are fewer than 3,000 official residents and it's a remote territory with no quick escape routes), but perhaps the biggest one is that in Svalbard, it's basically against the law to be unemployed. "If you... Go to Source Author: Evann Gastaldo
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Unemployment Falls to 6.1%
The economy created 288,000 jobs in June, the fifth straight month of strong job creation above 200,000 per month, the Labor Department said today. The unemployment rate dropped to 6.1%, the lowest rate since September 2008. Those gains follow additions of 217,000 jobs in May and... Go to Source Author:
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We’ve Finally Regained All the Jobs Lost in Downturn
Today's jobs report shook out slightly better than expected. Last month, 217,000 jobs were added, while economists had expected 210,000; the unemployment rate remained at 6.3%, while economists had expected it to tick up to 6.4%. That's the fourth straight month of "solid gains," the AP... Go to Source Author: Evann Gastaldo
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N. Korea: US a ‘Living Hell’
In the latest volley of stones from its glass house, Pyongyang has warned that the US is a "living hell" plagued by unemployment and gun crime where "elementary rights to existence are ruthlessly violated." The "news analysis" from the state-run Korea Central News Agency uses official statistics, incidents like the... Go to Source Author: Rob Quinn
