The country’s unemployment rate declined by a percentage point in the fourth quarter of 2015, to 24.5% of the population. According to the Quarterly Labour Force Survey, the working-age population was 36.3 million, of whom 16 million were employed, 5.2 million unemployed and 15.1 million not economically active. Almost 66% of the unemployed were people … Continue reading
There were 853,000 young people (aged from 16 to 24) in the UK who were Not in Education, Employment or Training (NEET), an increase of 5,000 from July to September 2015 and down 110,000 from a year earlier. The percentage of all young people in the UK who were NEET was 11.8%, up 0.1 percentage … Continue reading
With mixed views of the national economy and their own financial situation, Americans want priority given to several different economic problems. In the latest poll conducted by The Associated Press-NORC Center for Public Affairs Research, the public sees protecting Social Security and reducing unemployment, poverty, and the federal budget deficit as most important to them … Continue reading
Brazil was downgraded yet again this week by Standard & Poor’s to BB-, and unemployment has doubled in three years from a little over 4% to 9%, the Brazilian Institute for Geography and Statistics, or IBGE, said on Friday. Jobs in Brazilian manufacturing are on the wane, with job totals declining 6.2% last year, the … Continue reading
Main points for October to December 2015 There were 31.42 million people in work, 205,000 more than for July to September 2015 and 521,000 more than for a year earlier. There were 22.98 million people working full-time, 387,000 more than for a year earlier. There were 8.43 million people working part-time, 134,000 more than for … Continue reading
Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, … Continue reading
In the 12 months to January, employment increased by 0.7% (+126,000). Over the same period, the unemployment rate rose from 6.6% to 7.2%, as the labour force grew at a faster pace than employment. There was little change in both full-time and part-time employment in January. However, compared with 12 months earlier, full-time work increased by 172,000 (+1.2%) while part time was little changed. … Continue reading
Europe is stuck in a jobs crisis. Eight years on from the financial crash, unemployment remains the biggest threat to the social fabric of the single currency’s weakest economies. The latest round of labour market data show the average unemployment rate in the 19-country bloc fell to 10.4pc, its lowest level since September 2011.But the … Continue reading
The President’s proposal contains three core elements: Protecting Workers with Wage Insurance: The President’s plan would ensure workers have access to wage insurance that would replace half of lost wages, up to $10,000 over two years. Displaced workers making less than $50,000 who were with their prior employer for at least three years would be … Continue reading
Overall, they will show a labor market that continues to recover from the Great Recession. At the same time, a lack of progress on a number of fronts will suggest some serious longer-term problems, which existed before 2008 but were exacerbated by the recession and the slow (though steady) recovery since then. First, the good … Continue reading
There were 31.30 million people in work, 207,000 more than for May to July 2015 and 505,000 more than for a year earlier. There were 22.88 million people working full-time, 338,000 more than for a year earlier. There were 8.42 million people working part-time, 167,000 more than for a year earlier. The employment rate (the … Continue reading
Total nonfarm payroll employment increased by 211,000 in November, and the unemploymentrate was unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported today.Job gains occurred in construction, professional and technical services, and healthcare. Mining and information lost jobs. Household Survey Data In November, the unemployment rate held at 5.0 percent, and the number … Continue reading
Employment decreased by 36,000 (-0.2%) in November, the result of losses in part-time work. The overall employment decline in November followed a similar-sized increase in October. The unemployment rate increased by 0.1 percentage points to 7.1% in November. Compared with 12 months earlier, employment increased by 124,000 or 0.7%, with all the growth in full-time work. Over the same period, the number of hours worked … Continue reading
Currently no state has an unemployment rate at or above 7% (light blue); Only eight states are at or above 6% (dark blue). Chosen excerpts by Job Market Monitor. Read the whole story at Calculated Risk: BLS on State Unemployment Rates: No State at or above 7%, First Time since early 2007
When 1% of a county’s labour force is laid off, the county’s total labour force shrinks by 0.15 percentage points within three years. Between 2001 and 2011, internal migration, take-up of disability insurance, and early retirement account for three-quarters of the decline in the labour force following a significant economic downturn, with internal migration accounting … Continue reading