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Good economic news is never bad enough for the liberal media. The Bureau of Labor Statistics recently released an impressive report on job growth in July. Specifically, “Total nonfarm payroll employment rose by 1.8 million in July, and the unemployment rate fell to 10.2 percent.” In context, economists had forecast a 1.48 million job increase and the unemployment rate to hover at 10.6 percent, according to CNBC. That means predictions were off by roughly 320,000 jobs. CNBC’s headline read: “Payrolls increase by nearly 1.8 million, topping expectations despite coronavirus resurgence.” Instead of giving the American people straight reporting on the...

There’s no other way to say it: ABC’s Good Morning America censoring today’s jobs report is a disgrace to journalism.

Total nonfarm payroll employment rose by 4.8 million in June, and the unemployment rate declined to 11.1 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and efforts to contain it. In June, employment in leisure and hospitality rose sharply. Notable job gains also occurred in retail trade, education and health services, other services, manufacturing, and professional and business services. This news release presents statistics from two monthly surveys. The household survey measures...

President Donald Trump’s economy proved it’s not going down without a fight. An excellent new jobs report has Keynesian New York Times economist Paul Krugman babbling about a Trump conspiracy on Twitter to make sense of it.

Every year, the Bureau of Labor Statistics recalculates its benchmarks for employment calculations. It’s not every year, however, when those revisions chop a half-million jobs out of its previous estimates. In its preliminary calculations, the new benchmark does just that — although it remains to be seen whether those benchmarks will hold up for their final implementation next February: Each year, the Current Employment Statistics (CES) survey employment estimates are benchmarked to comprehensive counts of employment for the month of March. These counts are derived from state unemployment insurance (UI) tax records that nearly all employers are required to...

(CNSNews.com) - Manufacturing jobs in the United States increased by 32,000 in December and have now increased by 491,000 during the presidency of Donald Trump, according to data released today by the Bureau of Labor Statistics. In December 2016, the month before Trump took office, there were 12,351,000 manufacturing jobs in the United States. In December 2018, there were 12,842,000, bringing the increase during first 24 months of Trump’s presidency to 491,000. “Manufacturing added 32,000 jobs in December,” said the monthly employment report from the Bureau of Labor Statistics that was released today. “Most of the gain occurred in the...

Employment in manufacturing in the United States has increased by 189,000 in the year since Donald Trump was elected president, according to data released today by the Bureau of Labor Statistics. At the same time, employment in the federal government has declined by 3,000 since Trump was elected. In November 2016, there were 12,325,000 people employed in manufacturing in the United States. By this November, that had climbed to 12,514,000. “Since a recent low in November 2016, manufacturing employment has increased by 189,000,” the BLS said in the press release it put out this morning with the November employment numbers....

Americans on average spent more on taxes in 2016 than they did on food and clothing combined, according to data released this week by the Bureau of Labor Statistics. The same data also shows that in three years—from 2013 to 2016—the average tax bill for Americans increased 41.13 percent. In 2016, according to BLS, “consumer units” (which include families, financially independent individuals, and people living in a single household who share expenses) spent more on average on federal, state and local taxes ($10,489) than they did on food ($7,203) and clothing ($1,803) combined ($9,006). The average tax bill for American...

Employment Situation Summary Transmission of material in this release is embargoed until USDL-17-0934 8:30 a.m. (EDT) Friday, July 7, 2017 Technical information: Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces Media contact: (202) 691-5902 * PressOffice@bls.gov THE EMPLOYMENT SITUATION -- JUNE 2017 Total nonfarm payroll employment increased by 222,000 in June, and the unemployment rate was little changed at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in health care, social assistance, financial activities, and mining. Household Survey Data In June, the unemployment rate, at 4.4 percent, and...

Back when Hong Kong was a largely autonomous colony of Great Britain, its leaders made a point to not calculate the city-state’s economic statistics. With good reason. The feeling was that if government were in the business of divining unemployment, GDP, and other supposed measures of economic activity, that those same measures would be used by politicians as an excuse for politicians to ‘do something.’ Of course, when it comes to economic growth and progress, there’s no need for politicians to do anything other than ensure individual freedom to succeed, fail, import, export, and to generally produce in order to...

Welcome back to the status quo ante. After an unexpectedly poor March, the US economy returned to its previous pace of job creation, adding 211,000 jobs in April according to today’s jobs report. However, nearly as many people left the workforce last month as got jobs within it. In fact, March turned out to be worse than previously reported: The change in total nonfarm payroll employment for February was revised up from +219,000 to +232,000, and the change for March was revised down from +98,000 to +79,000. With these revisions, employment gains in February and March combined were 6,000 lower...

Lisa D. Cook, a Michigan State economist who served on President Obama's Council of Economic Advisors (CEA), took sharp aim at her old boss's successor in an appearance at the Center for American Progress (CAP) on March 15, 2017. "I was waiting to see what they did when the first jobs report came out," she said at CAP. "They embraced it." She went on to claim that "during the campaign, she was horrified that Bureau of Labor Statistics statisticians were under attack." Actually, one thing she did not do was to compare the numbers in the latest jobs report with...

Mick Mulvaney told CNN's Jake Tapper on Sunday that he has long thought the previous administration framed data to make the unemployment rate "look smaller than it actually was." "What you should really look at is the number of jobs created," Mulvaney said on "State of the Union." "We've thought for a long time, I did, that the Obama administration was manipulating the numbers, in terms of the number of people in the workforce, to make the unemployment rate -- that percentage rate -- look smaller than it actually was."

It appears that the "animal spirits" unleashed by President Trump are not contained to the stock market: according to the BLS, one of the most notable observations to emerge from the February (and January) jobs reports is that the number of Americans no longer in the labor force plunged since December, declining by 736,000 in January (to a modest extent due to a data revision) and a further 176,000 in February to 94,190K. The combined two-month addition of 912,000 was the biggest drop in the "not in labor force" series on record. ... The 94,19 million people who are considered...

In a stunning development, the Bureau of Labor Statistics just revealed that the US unemployment rate unexpectedly dropped to 4.6% in November. This is the lowest level since August 2007. Economists were expecting the rate to be unchanged from October’s 4.9%. “The trend in employment growth remains more than strong enough to keep the unemployment rate trending down,” Jim O’Sullivan, of High Frequency Economics, said. Some of this decline was due to the 446,000 Americans that dropped out of the labor force, which brought the labor force participation rate down to 62.7% during the month from 62.8% a month ago....

(CNSNews.com) - The civilian labor force expanded in June, adding 414,000 people, the Bureau of Labor Statistics reported today. The number of employed people increased by 67,000 to 151,097,000 in June, but the number of unemployed people increased even more, by 347,000 to 7,783,000. The unemployment rate ticked up two-tenths of a point to 4.9 percent. BLS said 94,517,000 Americans were not in the labor force in June, a slight improvement from May's record 94,708,000; and after dropping for three straight months, the labor force participation rate increased a tenth of a point to 62.7 percent in June. In September...

I'm in a discussion about unemployment, and my "opponent" just declared that U3 Unemployment calculation has been the official measurement of unemployment for every president. Obviously, that's ridiculously wrong. But I was looking for a data point to help me drive that fact home, and I can't seem to find anything specific on when the US government began separating unemployment calculation into six categories, U1-U6, and specifically when the U3/U6 categories were established and first used. Do any of you have any information on this, and can you provide a source link? Thank you.

<p>Yes, there has definitely been an improvement in the labor market since the financial crisis. I am not arguing that point. The financial markets, investors, and analysts eagerly anticipate the release of the employment report each month while the Federal Reserve has staked its monetary policy actions on them as well.</p>

The number of people receiving benefits from the Social Security Administration topped 60,000,000 for the first time at the beginning of 2016. ... The total number of beneficiaries includes retired workers and their dependents, survivors of deceased workers, and disabled workers and their dependents. ... In February, there were 151,074,000 people employed in either full or part-time jobs in the United States, according to the Bureau of Labor Statistics ... There were 123,206,000 people employed full-time in February, according to BLS’s seasonally adjusted numbers. That equals approximately 2.05 full-time workers per each beneficiary of the Social Security Administration. ... The...

New Bureau of Labor Statistics shows that there were 665,000 jobs lost in January, a blunt finding that confuses the heralded report that 151,000 jobs were created in January in non-farm payrolls. But who got them? The very same BLS finds that jobs to "native born" and immigrant workers dropped. Ditto for men and women. It is possible that many employees took on a second job, according to analysts. But a difference of 816,000 is too big, one said. Same for the differences in the two surveys the BLS uses to gauge jobs, household data from the Current Population Survey,...