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Job Numbers

Somebody Got the December Jobs Data Very Wrong -- And It Matters to Your Money

Terry Connelly | Posted 03.23.2014 | Business
Terry Connelly

Early each month a lot is riding on the jobs and unemployment reports announced by the BLS and corporate surveys (the most prominent being ADP's). Billions upon billions of dollars are made and lost in the stock and bond markets based on those reports.

More Jobs, Lousy Wages, and the Desertion of Non-College White Men From the Democratic Party

Robert Reich | Posted 01.23.2014 | Business
Robert Reich

The two most important trends, confirmed in today's jobs report from the Bureau of Labor Statistics, are that jobs slowly continue to return, and those jobs are paying less and less.

Unemployment Still High, But These Sectors Are Booming

Posted 01.02.2013 | Politics

Unemployment remains historically high, but some sectors are booming. Which are healthiest? Health care added more jobs than any other sector in 2011...

October Jobs Report: First Impressions

Jared Bernstein | Posted 01.02.2013 | Business
Jared Bernstein

Given the acceleration in payroll growth, the upward revisions to prior months payroll gains, the trend decline in unemployment, and the pick-up in labor force participation, today's report is generally pointing to job market that's showing signs of improvement.

September Jobs Report: First Impressions

Jared Bernstein | Posted 12.05.2012 | Business
Jared Bernstein

Payrolls grew by 114,000 last month and the unemployment rate ticked down significantly to 7.8 percent, according to today's jobs report from the BLS. That's the lowest unemployment rate since January of 2009. Moreover, unlike last month's report, September's decline in the unemployment rate was due to more job seekers finding work, not giving up and leaving the labor market. Both July and August's jobs numbers were revised up significantly such that in the third quarter of the year, payrolls grew by 146,000 per month on average, a notable acceleration over the second quarter's growth pace of only 67,000 jobs per month. All told, this report and the revisions paint a considerably better labor market picture than the last few reports. We're not yet out of the labor market woods, and I'd like to see us moving more quickly, but we're on the right path.

What August's Jobs Report Tells Us

Mohamed A. El-Erian | Posted 11.07.2012 | Business
Mohamed A. El-Erian

Notwithstanding citizens dropping out of the labor force, 5 million Americans were classified in August as "long-term unemployed." Meanwhile, teenage joblessness rose to over 24% -- an alarming level given the risk that out of work youth face in going from being unemployed to being unemployable. As hard as Ben Bernanke and his Fed colleagues try -- and they have been trying very hard, taking monetary policy ever deeper into unfamiliar/experimental territory -- the institution does not have the proper tools to deal with our unemployment crisis. The bottom line is a simple one. It should concern us all as citizens and parents. And it is worth repeating over and over again: If Congress is not careful, these trends will further increase an already-material risk that, for the first time in a very long time, our children's generation may be worse off than that of their parents.

August Jobs Report, First Impressions (Update)

Jared Bernstein | Posted 11.07.2012 | Business
Jared Bernstein

After two weeks of lofty speeches about vision, family, who gets it and who doesn't, there's nothing like a monthly jobs report to bring you back to the reality of the economic moment.

Employment Disappoints AGAIN

Diane Swonk | Posted 08.01.2012 | Business
Diane Swonk

Bottom Line: The U.S. is not an island, and what happens abroad matters here. The weakness in Europe, in particular, has a global reach and is affecting us.

Why the Economy Is Heading for a Stall

Robert Reich | Posted 07.03.2012 | Business
Robert Reich

Europe is sliding into recession, and gas prices are still high. But the real problem lies closer to home. Cuts in government spending are reducing domestic demand precisely at the time when consumers are reaching the end of their ropes and can't spend more.

How Snooki Became a Job Creator

The Huffington Post | Khadeeja Safdar | Posted 03.28.2012 | Business

Snooki, The Situation, JWoww and all the rest of the Jersey Shore cast have made the beach destination synonymous with late night partying and a lifes...

Anti-Small Business Corporate Giants Want the Small Business Administration Closed

Lloyd Chapman | Posted 05.25.2012 | Small Business
Lloyd Chapman

Make no mistake -- anyone that talks about closing the SBA is anti-small business and is simply marching to the beat of the Fortune 500 firms that unfortunately have tremendous control over Congress.

Millennials in the Balance

Christopher Haugh | Posted 05.21.2012 | College
Christopher Haugh

The twilight cohort of the millennial generation is caught in a matrix of impossible expectations in a world suddenly unwilling to open its doors.

Obama Speaks On Jobless Numbers, Economy

AP | KEN THOMAS | Posted 05.09.2012 | Politics

HOUSTON — Raising campaign cash in Republican territory, President Barack Obama on Friday hailed a rebounding economy and accused Republicans of...

Veteran Unemployment Rate Plummets Over A Year

AP/The Huffington Post | Posted 04.04.2012 | Politics

WASHINGTON — In an effort to cut the unemployment rate among veterans, President Barack Obama is calling for a new conservation program that would p...

WATCH: Arianna Discusses 'Groundhog Day' Feeling

Huff TV | Posted 01.06.2012 | Business
Huff TV

Arianna discussed the U.S.'s economic troubles on ABC's 'This Week With Christiane Amanpour.' "There is a sense of bit of a Groundhog Day feeling," s...

Saki Knafo

Job Seekers React To Dismal Jobs Report

HuffingtonPost.com | Saki Knafo | Posted 08.03.2011 | Business

This story was reported in collaboration with our partners at Patch.com. For the past three months, the millions of Americans who've been getting b...

On the Job Numbers

Jared Bernstein | Posted 08.03.2011 | Business
Jared Bernstein

We can smooth out the month-by-month data all we want, but the fact is that job growth in the United States is just too slow to provide working families with the job and income opportunities they need.

Back Toward Double-Dip

Robert Reich | Posted 08.03.2011 | Business
Robert Reich

The May jobs report is a disaster -- the weakest reading since September. The recovery has stalled. And while we're not in a double-dip recession yet, the odds of it are increasing.

Job Growth, Spending Cuts and the Reality Distortion Field

Francine Hardaway | Posted 05.25.2011 | Business
Francine Hardaway

Unemployment this morning has come in at 8.9%, the best number we've seen in years. Unfortunately, this number -- like almost every other number -- ha...

The Real News on Jobs

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.

The Jobs Report, and America's Two Economies

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

At a time when corporate profits are through the roof, the Dow is flirting with 12,000, Wall Street paychecks are fat again, and big corporations are sitting on more than $1 trillion in cash, you'd expect jobs be coming back. But you'd be wrong.

It's Time to "Out-Jobs" the Conservatives

Heather McGhee | Posted 05.25.2011 | Politics
Heather McGhee

The American people want jobs, jobs, and more jobs. Yet the President's party has failed to make the simple case that spending is essential to creating jobs in the short-term.

An Open Letter to First Lady Michelle Obama from American Small Business League President Lloyd Chapman

Lloyd Chapman | Posted 05.25.2011 | Business
Lloyd Chapman

I realize that you, as a mother and as someone who came from a hardworking middle class family, could not only sympathize, but also help with the situation we are currently in.

Stock Market Falls After Bleak Jobs Report

AP | STEPHEN BERNARD | Posted 05.25.2011 | Business

NEW YORK — Stocks fell to their lowest level in four months Friday after the government said hiring remains weak and another European country wa...

Still 'Jobs, Jobs, Jobs' -- Just Not the Way the Administration Is Thinking About Them

Leo Hindery, Jr. | Posted 05.25.2011 | Politics
Leo Hindery, Jr.

We cannot ignore the deficit hawks forever, but now is not the time for austerity. We should be talking about the three government actions that we know would most immediately create millions of new jobs.