Keyword: unemployment
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French President Emmanuel Macron has come under fire over his policy on jobless benefits after a press leak pointed to plans to tighten monitoring of people on the dole. The investigative weekly Canard Enchainé, citing an internal memo, said those receiving jobless benefits would be required to submit a monthly report on their job-hunting efforts. Politicians both to the left and the right of the centrist president assailed the idea of a monthly reporting requirement, with the Socialist Party tweeting that it was first mooted by the head of the employers’ federation, Pierre Gattaz. But Macron defended the plan in...
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http://www2.labor.alabama.gov/LAUS/clfbycnty.aspx
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This racist president is oppressing vulnerable communities of color with steady work. Here's a story you were very unlikely to see on CNN, MSNBC, in the New York Times or the Washington Post. As much as low unemployment numbers are a non-story for much of the MSM as long as there’s a Republican in the White House, one specific segment of the employment forces is making inroads rarely, if ever, seen before. Unemployment among black Americans has been hovering at or just above seven percent for past couple of months. That's still shamefully worse than the overall unemployment figure,...
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Now that we are a full year into President Trump’s increasingly consequential first term, it is long past time to give him complete ownership of the American economy. If it seems odd to do so after only a year, that is due to former President Barack Obama, who never stopped blaming his predecessor for a recovery that never arrived because Obama could not stop sabotaging it with his anti-growth policies and anti-free market rhetoric. Even lying conspiracy theorists in the media and Democrat Party backed by a special prosecutor, even the gale force wind of hate and lies, have not...
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According to the Bureau of Labor Statistics( BLS), the unemployment rate for black Americans is the lowest it has been since the year 2000, 17 years ago. In November, the national unemployment rate for black Americans, ages 16 and over, was 7.3%. The last time it was 7.3% was in the year 2000, during the months September, October and November. During the Bush and Obama years (2001 -2016), the black unemployment rate fluctuated between 7.7% and a high of 16.8%. Back in September 2017, the rate was 7.0%, a low that had not been seen since April of 2000. Prior...
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WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell last week, a government report showed on Thursday. Initial claims for state unemployment benefits declined by 11,000 to a seasonally adjusted 225,000 for the week ended Dec. 9 from an unrevised 236,000 the week before, the Labor Department said. Economists polled by Reuters had forecast claims rising to 239,000 in the latest week. The 4-week moving average was 234,750, a decrease of 6,750 from the previous week’s unrevised average of 241,500.
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With unemployment low and demand for new homes high, a company like Home Depot could be spending most of its surplus billions on raises for workers or the rollout of new stores. Instead, it is using $15 billion to buy back shares of its own stock, a move that will reward shareholders including chief executive Craig Menear. Home Depot’s statement was a reminder that corporate America may have other plans for that cash. Several companies already have indicated that they will use excess funds to pay off debt, increase dividend payments or repurchase their own shares rather than create new...
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The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting a rapid tightening of the labor market. Initial claims for state unemployment benefits slipped 2,000 to a seasonally adjusted 236,000 for the week ended Dec. 2, the Labor Department said on Thursday. Data for the prior week was unrevised. It was the third straight weekly decline in claims. Economists polled by Reuters had forecast claims rising to 240,000 in the latest week. Last week marked the 144th straight week that claims remained below the 300,000 threshold, which is associated with a strong labor market. That is the...
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Initial jobless claims drop 2,000 to 238,000; Puerto Rico plunge The numbers: Initial U.S. jobless claims, a tool to measure layoffs, fell by 2,000 to 238,000 in the seven days ended Nov. 25, a week that included the Thanksgiving holiday. Economists surveyed by MarketWatch had forecast claims to total 240,000. The more stable monthly average of claims rose 2,250 to 242,250, the government said Thursday. The number of people already collecting unemployment benefits, known as continuing claims, increased by 42,000 to 1.96 million. What happened: New applications for unemployment benefits have subsided to a nearly 45-year low after a mini-surge...
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First-time jobless claims fell 13,000 to 239,000 last week, the Department of Labor reported Wednesday, more than the 9,000 drop economists expected. With Wednesday's numbers, claims have continued to hover at extremely low levels, despite the fall disruption of the hurricanes that slammed the southeastern U.S. Claims collections in Puerto Rico and the Virgin Islands are still being affected by the storms, the agency said. Low jobless claims are a good sign for the economy. If fewer people are applying for benefits at state agencies, it suggests that layoffs are relatively rare, and job creation high. "Claims remain low, even...
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Unemployment rates fell to record lows in Alabama, Hawaii and Texas last month, and dropped in nine other U.S. states. […] Steady hiring has driven down unemployment in most states in the past year. Nationwide, the rate fell to 4.1 percent in October, a 17-year low. That is down from 4.8 percent a year earlier. […] The biggest October gain was in Florida, which added 125,300 jobs as it recovered nearly all the jobs that it had lost in September due to Hurricane Irma. Texas added 71,500, which also reflected a bounce-back from Hurricane Harvey. And California gained 31,700. The...
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U.S. companies added the most workers in seven months in October as hiring rebounded from an 11-month low set in September stemming from Hurricanes Harvey and Irma, a report by a payrolls processor showed on Wednesday. The ADP National Employment Report said private employers hired 235,000 workers last month, exceeding a median forecast of 200,000 among economists polled by Reuters. Domestic private payrolls in September were revised down to an increase of 110,000 from the previous 135,000. The report is jointly developed with Moody’s Analytics. “This labor market is tight and is destined to be tighter,” Mark Zandi, Moody’s Analytics...
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.....OMB later cited internal data to the Washington Examiner that said the top 20 percent of people to pay income taxes account for 94.8 percent of those taxes in 2016. That appears to be a jump from just a few years ago. In 2015, the Wall Street Journal reported that the top 20 percent of income earners paid 84 percent of income taxes.
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After crossing the 23,000 line this week, the Dow is up nearly 5,000 points, or about 27 percent, since Election Day. It wouldn’t be there under a President Hillary Clinton or a Jeb Bush. No: Much of the credit has to go to the uncompromisingly pro-business President Trump — the antithesis of what the nation had seen the prior eight years. Nor is it just the stock market: Consumer confidence and economic optimism are up. And the Labor Department reports that claims for unemployment just dropped by 22,000 to 222,000 — the fewest since March 1973. And while, as Charles...
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WASHINGTON – The number of Americans filing applications for new unemployment benefits fell to the lowest level in 44 years, reflecting power outages in storm-ravaged Puerto Rico and the U.S. Virgin Islands that have disrupted the application process. Initial jobless claims, a proxy for layoffs across the U.S., fell by 22,000 to a seasonally adjusted 222,000 in the week ended Oct. 14, the Labor Department said Thursday. The sharp drop obscures underlying trends in the labor market. Many applying for unemployment benefits in Puerto Rico and the U.S. Virgin Islands, which were recently devastated by Hurricanes Irma and Maria, must...
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Initial jobless claims, a way to measure layoffs, sank by 22,000 to 222,000 in the week ended Oct. 14. That’s the lowest figure since March 1973 and well below the 244,000 MarketWatch forecast. The more stable monthly average of claims declined by 9,500 to 248,250, though it remains somewhat elevated because of the recent hurricanes.
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Washington, D.C. - Recently released unemployment statistics showing black unemployment at a 17-year low are being applauded by members of the Project 21 black leadership network as a triumph of the "commonsense" policies and economic confidence brought about by the Trump Administration. Horace Cooper"Commonsense measures to reduce regulation are a major step in improving American economic conditions," said Project 21 Co-Chairman Horace Cooper, a former leadership aide on Capitol Hill. "Once Congress steps up to reduce taxes and repeal Obamacare, the markets and the economy will skyrocket — taking such good fortunes to black America and the rest of the...
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The unemployment rate for African-Americans fell to a 17-year low in September, and the rates for all other major racial and ethnic groups also dropped.
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Have a tattoo? If the answer is “yes,” it’s more likely you’re unemployed or completely out of the labor force. On average, your income is lower. You’re more probably a smoker, use illegal drugs, engage in risky sexual behavior, have been a victim of crime, and have been incarcerated for committing crime yourself.
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* The number of Americans filing for unemployment benefits unexpectedly fell last week. * The data was impacted by hurricanes Harvey and Irma. * Initial claims for state unemployment benefits declined 14,000. The number of Americans filing for unemployment benefits unexpectedly fell last week, but the data was impacted by hurricanes Harvey and Irma, making it difficult to get a clear pulse of the labor market. Initial claims for state unemployment benefits declined 14,000 to a seasonally adjusted 284,000 for the week ended Sept. 9, the Labor Department said on Thursday. A Labor Department official said hurricanes Harvey and Irma...
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