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Keyword: unemployment

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  • Moving Past the Recession: Black Millennials Face Steep Challenges in Job Market

    05/24/2017 6:10:53 PM PDT · by 2ndDivisionVet · 34 replies
    The Atlanta Black Star ^ | May 24, 2017 | Frederick Reese
    The Class of 2017 is facing the strongest labor market in nearly 10 years. According to research from the Federal Reserve Bank of New York and the Rockefeller Foundation, the unemployment rate for recent graduates is at its lowest rate since October 2008. This has led some to suggest that this nation has finally emerged from the ravages of the Great Recession. However, this may be a matter of perspective. According to the Bureau of Labor Statistics’ 2016 Household Data Annual Averages, African-Americans with some college but no degree have the same unemployment rate as whites with no high school...
  • Academics Surrounded by Reality

    05/23/2017 8:23:01 AM PDT · by Academiadotorg · 6 replies
    Accuracy in Academia ^ | May 17, 2017 | Malcolm A. Kline
    Academics are always mystified that the American public perceives reality differently than they do. It never occurs to the former that the latter may be closer to it. The American Council on Education (ACE) polled its members at the ACE annual convention on a quartet of questions. "Not surprisingly, most of those at the meeting who took the poll answered, correctly, that the economic value of college is increasing; that half of borrowers indeed owe less than $13,000; that most institutions do try hard to manage costs and limit tuition increases; and that traditional colleges and universities are nonprofit institutions,"...
  • The Greatest Measure of Devotion

    05/23/2017 4:30:07 AM PDT · by Kaslin · 1 replies
    Townhall.com ^ | March 23, 2017 | Allen West
    (Editors Note, this commentary was co-authored with Matthew Howe) On November 19, 1863, President Abraham Lincoln delivered one of our Nation’s greatest speeches, the Gettysburg Address. The purpose was to dedicate the Soldier’s National Cemetery at Gettysburg, Pennsylvania, the site of a battle fought that year in July that turned the tide of the Civil War. President Lincoln was not the primary speaker for the event, but his words are everlasting. His closing words of a speech that was less than 270 words are very appropriate for today. This is what President Lincoln said, “It is rather for us to...
  • Unemployment claims at lowest level in 28 years

    05/19/2017 4:54:08 AM PDT · by monkapotamus · 14 replies
    Washington Examiner ^ | May 18, 2017 | Joseph Lawler
    Total continuing claims for unemployment benefits ran at the lowest level in 28 years at the beginning of May, the Department of Labor reported Thursday morning in a new sign that the jobs market is still improving. The total number of unemployed workers receiving benefits fell to 1.9 million, the agency said, the lowest such mark since November of 1988, when the workforce was much smaller. Over the past month, the average number of continuing claims per week has clocked in at 1.95 million, the lowest number in 43 years.
  • April jobs report: 211,000 jobs added, jobless rate 4.4% (Thank you President Trump)

    05/05/2017 9:08:05 AM PDT · by Kaslin · 21 replies
    Hot Air.com ^ | May 5, 2017 | ED MORRISSEY
    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...
  • April sees the fewest people getting unemployment benefits since 2000

    04/20/2017 8:46:55 AM PDT · by SeekAndFind · 13 replies
    Washington Examiner ^ | 04/20/2017 | Joseph Lawler
    New applications for unemployment insurance rose to 244,00 in the second week of April, the Department of Labor reported Thursday, up from an ultra-low 234,000 the week before. Investors had expected jobless claims to rebound to around 242,000 after falling to the second-lowest level since 1973 in the previous week. Thanks in part to new claims running low for so long, the total number of people receiving benefits of all durations fell to the lowest level in 17 years. Just 1.98 million people received benefits in the first week of April, according to Thursday's report, the lowest such number since...
  • Employment Situation

    04/07/2017 6:59:30 AM PDT · by Redmen4ever · 10 replies
    US BLS ^ | 4/7/17 | PressOffice@bls.gov
    The unemployment rate declined to 4.5 percent in March, and total nonfarm payroll employment edged up by 98,000, the U.S. Bureau of Labor Statistics reported today.
  • Congress Sends Trump Drug Test Measure for Unemployed

    03/15/2017 2:22:25 PM PDT · by 2ndDivisionVet · 37 replies
    US News & World Report ^ | March 14, 2017 | The Associated Press
    WASHINGTON (AP) — The Senate on Tuesday sent President Donald Trump a measure to expand the number of applicants for jobless benefits who can be drug-tested. The White House has said Trump will sign the measure into law as a cancellation of "unnecessary regulations." Lawmakers in the GOP-controlled Congress have complained that under President Barack Obama, the government placed too many limits on states for deciding which unemployment applicants can be drug-tested. The Labor Department's regulation meant that states could only test applicants for unemployment benefits who do jobs that require drug testing. The resolution passed by the House and...
  • Americans Flood Back Into The Labor Force Under Trump

    03/10/2017 7:59:24 AM PST · by cutty · 10 replies
    Zero Hedge ^ | Mar 10, 2017 | Tyler Durden
    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...
  • U.S. jobless claims near 44-year low; rate hike expected this month

    03/03/2017 3:22:55 AM PST · by SoFloFreeper · 59 replies
    Reuters ^ | 3/2/17 | Lucia Mutikani
    The number of Americans filing for unemployment benefits fell to near a 44-year low last week, pointing to further tightening of the labor market even as economic growth appears to have remained moderate in the first quarter.
  • Asylum Seeker Unemployment Up 33 Percent Since 2016

    02/19/2017 8:37:52 AM PST · by davikkm · 10 replies
    breitbart ^ | CHRIS TOMLINSON
    Asylum seeker unemployment numbers are up 33 percent in Austria despite the fact that the number of total migrants coming into the country has declined. The number of unemployed asylum seekers has risen to 28,720 in Austria, and the capital Vienna is home to the vast majority of the unemployed migrants with two-thirds of asylum seekers in the city being without work. According to the Vienna employment Service (AMS), 67 percent registered with them to find work while many others were simply not available to work Kronen Zeitung reports.
  • Utter Decimation: Men in Labor Force Down to 78 Percent in 2015

    02/09/2017 5:24:04 PM PST · by markomalley · 68 replies
    CNS News ^ | 2/9/17 | Martin Morse Wooster
    As the Trump administration continues to figure out ways to put people back to work, they have to deal with a simple demographic fact: there are tens of millions of American men, in the prime years of their working lives, who have dropped out of the labor force. It’s not that these men are trying, and failing, to get jobs. They’ve simply given up. What is causing this problem and what can be done about it? Nicholas Eberstadt explores this issue in "Men Without Work: The Invisible Crisis." Eberstadt is a long-time fellow at the American Enterprise Institute and one...
  • The New Face of American Unemployment

    02/07/2017 12:46:15 PM PST · by pabianice · 54 replies
    Bloomberg ^ | 2/7/17 | Smialeck et al
    <p>They’re looking for work, out of the labor force but unhappy about it, or report working part-time when they’d prefer more hours, according to data released last week. Their plight comes even as the U.S. flirts with what economists consider the maximum level of employment for the first time since before the recession, having added 15.8 million jobs since the start of 2010. While some of America’s jobless are simply between gigs, those persistently stuck out of work are called the structurally unemployed.</p>
  • US hiring accelerates and more people begin looking for work

    02/03/2017 8:35:51 AM PST · by tekrat · 8 replies
    Lincoln Journal Star / Associated Press ^ | 2/3/2017 | CHRISTOPHER S. RUGABER
    U.S. employers stepped up hiring last month, adding a healthy 227,000 jobs, and more Americans began looking for work, a sign that President Donald Trump has inherited a robust job market. January's job growth was the best since September, and it exceeded last year's average monthly gain of 187,000, the Labor Department said Friday . The unemployment rate ticked up to a still-low 4.8 percent from 4.7 percent in December. But the rate rose for an encouraging reason: More Americans started looking for work, though not all of them found jobs immediately. The proportion of adults who are either working...
  • Americans "Not In The Labor Force" Plunge By A Record 736,000

    02/03/2017 6:54:18 AM PST · by SeekAndFind · 15 replies
    Zero Hedge ^ | 02/03/2017
    While Trump has personally expressed skepticism about the validity of the payrolls report, and especially the seasonally adjusted Establishment Survey, one aspect of the jos report he has been especially focused on is the number of people who are out of the labor force for economic reasons or otherwise: this is the infamous 95 million number that he brings up every time the strength of the "Obama recovery" has been mentioned. Which is why we are confident Trump will be happy to learn that in January, while the US economy added some 227K jobs according to the Establishment Survey,...
  • Open Letter to President Trump - Please Revamp BLS Statistics on Unemployment, thus Exposing the Lie

    02/03/2017 5:42:31 AM PST · by Jumper · 10 replies
    Self Musings | 02/03/2017 | Self
    The Bureau of Labor Statistics has been published a politically favorable picture of the economy for too long.
  • Philadelphia erects another barrier to employers being able to hire workers

    01/25/2017 12:38:11 PM PST · by SeekAndFind · 9 replies
    Hotair ^ | 01/25/2017 | Jazz Shaw
    Philadelphia may be turning into the new San Francisco under Mayor Jim Kenny, complete with all of the bizarre laws we’re used to seeing crop up on the west coast. Just last night we were talking about his plans for certain bars in the “Gayborhood” and the sketchy legal grounds for those proposals. Now there’s another new initiative rolling out which is going to put the screws to every employer in the city. The City of Brotherly love will now bar employers from asking job applicants about their salary history during the hiring process. Despite a threat from cable...
  • Forgotten and forlorn, a Mass. town finds hope in Donald Trump

    01/23/2017 12:29:36 AM PST · by 2ndDivisionVet · 19 replies
    The Boston Globe ^ | January 22, 2017 | Andrew Ryan
    WINCHENDON — At the elbow of the bar, where afternoon regulars with calloused hands gripped $3 longnecks, the consensus was clear in the Toy Town Pub: America needs President Trump’s business smarts. The country needs Trump’s tell-it-like-it-is bluster because politicians who told us what we wanted to hear got us into this mess. It needs Trump to build that wall along the Mexican border to protect Americans who can’t find jobs. Most of all, America needs Trump to restore prosperity to forgotten places like Toy Town, the nickname Winchendon acquired a century ago — before the toy industry left. That...
  • Report: 300,000 Small Business Jobs Lost Due to Obamacare; Over 10,000 Businesses Shut Down

    01/18/2017 6:35:26 AM PST · by SeekAndFind · 8 replies
    Washington Free Beacon ^ | 01/18/2017 | Elizabeth Harrington
    Obamacare has cost roughly 300,000 small business jobs due to higher health care costs, according to a new report. The American Action Forum, a center-right policy institute, released findings Wednesday that rising premiums and regulations under the Affordable Care Act have had “dire” consequences for the labor market. The report found the law has cost $19 billion in lost wages per year and forced 10,000 small businesses establishments to close their doors. The study covered employers with 20 to 99 employees. “Research from the American Action Forum (AAF) finds regulations from the Affordable Care Act (ACA) are driving up health...
  • Donald Trump’s Promise of More Jobs Could Mean Less Drug Abuse

    01/15/2017 9:54:22 PM PST · by 2ndDivisionVet · 6 replies
    The American Spectator ^ | January 16, 2017 | Maia Szalavitz
    Research shows that unemployment and low socioeconomic status are linked with higher risk for addiction, compared to having a job and being in the middle class. Although the media has focused on heroin and prescription opioid misuse these days as being a “middle class” problem, the risk of addiction is more than three times higher for people making less than $20,000 compared to those who make over $50,000. These facts make President Trump’s promises to increase employment — perhaps through an infrastructure program — critical if he wants to deal with the opioid epidemic in the long run. Meaningful work...