Quick Facts
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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
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September Jobs Report Shows Decent Gain
Job gains in September were slightly weaker than the 172,000 jobs that Wall Street economists expected, but the 156,000 jobs that employers did add were enough to welcome new workers and bring back some of those who fell off the map after the Great Recession, per the New... Go to Source Author:
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August Jobs Report: Numbers Can’t Compare to Recent Gains
Hiring downshifted last month as US employers added a modest 151,000 jobs, about half the blockbuster gains of the two previous months, the AP reports. The Labor Department said Friday the unemployment rate remained 4.9% for the third straight month. The figures are far below July's gain of... Go to Source Author:
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Jobs Numbers Strong for 2nd Straight Month
Employers added a healthy 255,000 jobs last month, a sign of confidence amid sluggish growth that points to a resilient US economy, reports the AP . It's the second straight month of strong growth. The Labor Department also said the unemployment rate remained a low 4.9% in July. More... Go to Source Author:
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June Jobs Report Shows Huge Gains
Employers shook off two months of weak hiring by adding 287,000 jobs in June, a robust pace that suggests a resilient US economy. The hiring spurt marked a sharp improvement from May's dismal showing, when just 11,000 jobs were added, reports the AP . A modest 144,000 jobs... Go to Source Author:
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Jobs Report Has Bad News on US Hiring
US hiring plunged in May to its lowest level in more than five years, a sign that employers turned cautious after the economy barely expanded in the first three months of the year, reports AP . The Labor Department says employers added just 38,000 jobs last month, the fewest since... Go to Source Author:
