In the wake of the July employment report released last week, an interesting graphic appeared in a Wall Street Journal article with the somewhat distressing title “Low Pay Clouds Job Growth.” Comments Continue reading
This article provides a list of state unemployment extension program information. Please keep in mind that benefits vary from state to state Continue reading
The U.S. National Security Agency, hit by disclosures of classified data by former contractor Edward Snowden, said Thursday it intends to eliminate about 90 percent of its system administrators to reduce the number of people with access to secret information. Keith Alexander, the director of the NSA, the U.S. spy agency charged with monitoring foreign … Continue reading
By the long-run standard the current expansion, at 49 months (54 months by year-end, when growth is widely forecast to be 3 percent), is getting close to its end Continue reading
US – The chart of the change in the employment-to-population ratio—the percentage of working age population that is actually working—still reveals no sign of a takeoff Continue reading
The 162,000 jobs the economy added in July were a disappointment. The quality of the jobs was even worse.
A disproportionate number of the added jobs were part-time or low-paying — or both. Continue reading
US – Food stamps skyrocket as unemployment rates remain flat while disability recipients hit record for 192nd straight month Continue reading
US – More charts and analysis on the July nonfarm payroll employment numbers by the Bureau of Labor Statistics Continue reading
Forty-four percent of jobless workers 55 or older had been unemployed for over a year in 2012. And while older workers have a lower unemployment rate overall, the ones who lose their jobs can find the long hunt for work unbearable.
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Total nonfarm payroll employment increased by 162,000 in July, and the unemployment rate edged down to 7.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade, food services and drinking places, financial activities, and wholesale trade. Household Survey Data Both the number of unemployed persons, at 11.5 million, and the unemployment rate, … Continue reading
The number of Americans filing new claims for unemployment benefits fell unexpectedly last week, touching a 5-1/2 year low, suggesting a steadily improving labor market Continue reading
The percentage of Americans who say they are in the lower-middle or lower class has risen from a quarter of the adult population to about a third in the past four years Continue reading
Amazon says the median pay for jobs inside its fulfillment centers is “30% higher than that of people who work in traditional retail stores. Amazon is paying above the industry average, it’s not paying its workers a 30% premium. Continue reading
U.S. teachers for grades K-12 with less than one year of experience are the most engaged at work, at 35.1% Continue reading
Fewer Americans aged 18 to 29 worked full time for an employer in June 2013 (43.6%) than did so in June 2012 (47.0%) Continue reading