Here it is, folks: The final jobs report before the 2012 Presidential Election. The Labor Department announced this morning …
employment situation report
Is the Obama Administration Juicing the Unemployment Stats?
The Government releases countless statistics each year, but few get more attention from the press than the official unemployment rate, which is updated and released once per month by the Bureau of Labor Statistics (BLS). …
Unemployment Rate Drops to 7.8% But Path to Recovery is Murkier
With the first presidential debate behind us, and the election just a month away, we have come upon that magical time of the year when the media filters each new datum through the lens of the election horse race. And so goes the …
Payroll Day Blues: Economy Adds Just 96,000 Jobs in August
The Democratic party spent all week (and millions of dollars) trying to convince voters to return President Obama to office in November. But perhaps the most important set piece — the August employment situation report — was …
U.S. Economy Adds Just 80,000 Jobs in June
The Labor Department released its monthly Employment Situation Report this morning, announcing that the economy added 80,000 new jobs in June – slightly less than what economists were predicting, and far too small a number to …
Behind the Numbers: Slow Job Growth is a Problem; Long-term Unemployment is a Crisis
Any way you slice it, Friday’s jobs numbers were a huge disappointment. Forecasters were expecting 150,000 jobs added, and even that figure would have represented mediocre job growth. But the actual number of 67,000 new jobs …
What You Need to Know About April’s Jobs Numbers
Any way you cut it, the Labor Department’s announcement that the U.S. economy added just 115,000 jobs in April is a disappointment. Economists had been expecting 160,000 new jobs, and even that number is far below the kind of …
March Unemployment: The Rorschach Jobs Report
March’s unemployment numbers were mediocre enough to be open to any number of interpretations. Republicans see evidence that the President’s policies have taken us off track. Obama just called it another bump in the road. Here are two reasons to despair and two reasons to celebrate about the latest data
What Will Tomorrows Job Report Hold For The U.S. Economy?
Tomorrow the Labor Department will release its monthly Employment Situation Report, which estimates the number of jobs the U.S. economy added in March as well as the new official unemployment rate.
According to Bloomberg News, economists predict that the report will show the economy gained 205,000 jobs in March, roughly in line with a …
Report: Private Sector Adds 209,000 Jobs in March
The private sector added 209,000 jobs in March, according to an analysis from the payroll services firm ADP. The report also noted that the economy added 23,000 more jobs in the first two months of 2012 than ADP had previously …
Curious CapitalistEconomy
Why A Stronger Economy Probably Won’t Translate Into A Raise — Yet
Last Friday’s jobs numbers came in strong, particularly in important areas like manufacturing, on which President Obama is staking much of the economic component of his re-election campaign. If voters start to feel more prosperous than they have over the last few years, it will certainly help him at the polls in November. But in order …
227,000 New Jobs Is Good. But Has the Economy Reached Escape Velocity?
Economy watchers talk often about economic recoveries requiring a “virtuous circle.” In such a scenario, job growth leads to higher wages and increased consumer demand, which in turn leads to more job growth.