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Jobs Numbers

May Jobs Numbers no Surprise to Small Businesses: Maybe You'll Listen Now

Susan Wilson Solovic | Posted 06.03.2016 | Business
Susan Wilson Solovic

Shocked? Surprised? Not me. Only 38,000 jobs were created in May according to the Bureau of Labor Statistics. A far cry from the anticipated 164,0...

U.S. Adds 126,000 Jobs In March; Unemployment Rate Lingers At 5.5 Percent

The Huffington Post | Posted 04.03.2015 | Business

The U.S. economy added 126,000 jobs in March, as the unemployment rate lingered at 5.5 percent, the Bureau of Labor Statistics reported Friday. Mo...

U.S. Adds 295,000 Jobs In February; Unemployment Rate Falls To 5.5 Percent

HuffPost/AP | Posted 03.06.2015 | Business

The U.S. economy added 295,000 jobs in February, as the unemployment rate fell to 5.5 percent, the Bureau of Labor Statistics reported Friday. More...

U.S. Creates 248,000 Jobs In September; Unemployment Rate Falls To 5.9%

The Huffington Post | Mark Gongloff | Posted 10.03.2014 | Business

The job-market recovery from the Great Recession has been frustratingly slow, but it has been steady -- the steadiest job recovery in U.S. history, in...

Unwarranted Pessimism

John Roman, Ph.D. | Posted 11.08.2014 | Money
John Roman, Ph.D.

Maybe it's worth asking if the numbers aren't the problem. Maybe the main problem in the U.S. economy at the moment is not structural, but psychological. Maybe America's got the blues, and that pessimism is keeping us down.

Mark Gongloff

Economy Barely Budges In Disappointing Jobs Report | Mark Gongloff | Posted 09.05.2014 | Business

Like the monster at the end of a horror movie, the lame, sluggish recovery that we thought was dead just crawled out of the grave to give us another s...

U.S. Creates 209,000 Jobs In July, Unemployment Rate Rises To 6.2%

The Huffington Post | Alexander C. Kaufman | Posted 08.01.2014 | Business

The U.S. economy added 209,000 jobs in July, as the unemployment rate inched up to 6.2 percent, the Bureau of Labor Statistics reported Friday. Pa...

The September Employment Report in Pictures

Chad Stone | Posted 12.22.2013 | Politics
Chad Stone

Today’s jobs report shows that the labor market recovery remains disappointingly slow, with employment still well below normal levels and long-ter...

Jobs Report... Not!

Jared Bernstein | Posted 01.23.2014 | Business
Jared Bernstein

I've long stopped asking Congress to do anything to help the economy; I just want them to stop hurting it. It seems crazy to admit, but apparently that's too much to ask.

The July Employment Report in Pictures

Chad Stone | Posted 10.02.2013 | Politics
Chad Stone

Today's disappointing jobs report reflects a familiar pattern. Though private employers added jobs for the 41st straight month, nonfarm payroll employment remains lower than at the December 2007 start of the recession.

Jobs Report: First Impressions

Jared Bernstein | Posted 10.02.2013 | Business
Jared Bernstein

Payrolls were up 162,000 last month and the unemployment rate fell to 7.4 percent, the lowest it has been since December 2008. The report shows continued improvement in the job market, but at a rate that remains moderate, in keeping with an economy that is reliably expanding but has yet to really accelerate.

June Jobs Report: Upside Surprise

Jared Bernstein | Posted 09.05.2013 | Business
Jared Bernstein

This report, with its positive revisions, a whiff of increased labor force participation, and a bit of pop in wages suggests not just an improving job market, but one that's improving a bit faster than we thought.

I Ask Again: Is Technology Blocking the Path to Full Employment?

Jared Bernstein | Posted 08.14.2013 | Politics
Jared Bernstein

Is an acceleration in labor-saving technology displacing workers in a historically unique and problematic manner? Most economists say no, because they're all hung up on evidence and history -- imagine that.

Jobs Day: First Impressions -- High Stakes Musical Chairs

Jared Bernstein | Posted 08.07.2013 | Business
Jared Bernstein

What we have here is a high stakes game of musical chairs, as payrolls grow at a steady, if not-that-impressive, clip, essentially adding chairs to the game. Meanwhile, more players are coming off the sidelines, looking for places to sit.

Half Empty: Another Feeble Jobs Report

Robert Kuttner | Posted 07.05.2013 | Politics
Robert Kuttner

While the Administration and the Republicans and far too much of the commentariat are obsessed with public debt, private debts are killing the recovery. Some 22 percent of mortgages are still under water, and student debt has surpassed a trillion dollars. Banks can unload their toxic securities onto the Fed. Corporations can use the bankruptcy code's Chapter 11 to write off old debts (including to their pensioners) and get a "fresh start." But college borrowers stay indentured forever, as do underwater homeowners unless they want to lose the house.The upside-down policy, of cutting public spending, giving debt relief to banks and corporations, while showing no mercy to students and homeowners, keeps the whole economy in debtors' prison. Until these policies change, we can look forward to a decade of high unemployment and an underperforming economy.

The Flaccid Jobs Report

Robert Reich | Posted 07.03.2013 | Politics
Robert Reich

If there was ever a time for our leaders in Washington to declare victory over the deficit, and focus instead on jobs and inequality, it's now. But don't hold your breath.

April Jobs Report Comes in Better Than Expected

Jared Bernstein | Posted 07.03.2013 | Business
Jared Bernstein

Payrolls increased by 165,000 last month and the unemployment rate ticked down to 7.5 percent, in a jobs report that painted a considerably brighter picture than last month's version.

The Big Stall

Robert Reich | Posted 06.05.2013 | Politics
Robert Reich

We're experiencing the burden of austerity economics and the continued scourge of widening inequality. Both are squeezing average Americans. Yet it's impossible to have a buoyant and sustained recovery without a large and growing middle class.

Jobs Report: First Reaction

Jared Bernstein | Posted 06.05.2013 | Business
Jared Bernstein

This deceleration in job growth and deterioration in labor force participation looks a lot like what you'd expect if you hit a still weak recovery with the repeal of the 2 percent payroll tax break and the sequester.

Jobs Up More Than Expected Last Month

Jared Bernstein | Posted 05.08.2013 | Business
Jared Bernstein

Whether the better-than-expected results signal a faster underlying trend in job growth, and whether it can withstand the fiscal drag from the sequester, is yet to be seen.

The End of the Recovery That Never Really Began

Robert Reich | Posted 04.03.2013 | Politics
Robert Reich

We are in the most anemic recovery in modern history, yet our political leaders in Washington aren't doing squat about it. In fact, apart from the Fed, the government is heading in exactly the wrong direction: raising taxes on the middle class and cutting spending.

January Jobs Report: First Impressions

Jared Bernstein | Posted 04.03.2013 | Business
Jared Bernstein

Payrolls were up by 157,000 and the unemployment rate ticked up to 7.9 percent in January, according to today's release from the Bureau of Labor Statistics.

November Jobs Report: A Mixed Bag

Katie Bardaro | Posted 02.12.2013 | Business
Katie Bardaro

Even with the looming fiscal cliff and the effects of Hurricane Sandy, the November jobs report contained some encouraging news: the number of jobs created was well above expectations at 146,000. November proved to be a mixed bag of good news and bad news.

Today's Job Numbers Show Why Job-Creation Must Take Precedence Over Deficit Reduction

Robert Reich | Posted 02.06.2013 | Business
Robert Reich

Today's jobs report shows an economy that's still moving in the right direction but way too slowly, which is why Washington's continuing obsession with the federal budget deficit is insane. Jobs and growth must come first.

November Jobs Report: First Impressions

Jared Bernstein | Posted 02.06.2013 | Business
Jared Bernstein

The job market in November performed notably better than expected, especially in light of expected damage to hiring from late October's Hurricane Sandy.