Quick Facts
-
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
-
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
-
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:
-
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:
-
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
-
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:
-
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:
-
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:
-
Unemployment Claims Fall to Lowest Level Since 1973
The number of Americans collecting unemployment benefits fell last week to the lowest level since Richard Nixon was president, the AP reports. The Labor Department said Thursday that claims for jobless aid dropped by 22,000 to 222,000, the fewest since March 1973. The less volatile four-week average slid... Go to Source Author:
-
Hurricanes Take a Toll, but an Unemployment Milestone
The new jobs report is a case of good news/bad news. The US lost 33,000 jobs in September after Hurricanes Harvey and Irma hit Texas, Florida, and other Southeastern states, which the AP reports is the first decline in almost seven years. However, the Labor Department says the unemployment... Go to Source Author:
