Quick Facts
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Unemployment Hits 16-Year Low
US employers pulled back on hiring in May by adding only 138,000 jobs, though hiring was still enough to help keep pushing unemployment lower. The Labor Department says the unemployment rate fell to 4.3% from 4.4% , reports the AP . That's the lowest level since May 2001, reports... Go to Source Author:
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Unemployment Rate Falls to Lowest in a Decade
The latest jobs report might have President Trump tweet-boasting again. Employers added 211,000 jobs in April, more than expected, following a poor showing of just 79,000 in March. (The latter figure was revised downward from an already weak 98,000.) The unemployment rate, meanwhile, ticked down to... Go to Source Author: Newser Editors
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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:
