While America is enjoying record low unemployment, some areas are actually experiencing the loss of jobs. In certain cities where progressive activists and politicians have forced increases in the minimum wage, restaurants who can’t keep up are closing and taking jobs with them.
Jobs
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November Jobs Report: 266,000 Jobs Added, Unemployment at 3.5%
The November jobs report revealed the economy added 266,000 jobs. Unemployment hit 3.5%, which matches a 50-year low.
September Jobs Report: Unemployment at Historic 50-year Low
The September jobs report contains good news: unemployment is at a 50-year low, and even so, the U. S. still managed to add an impressive 136,000 jobs.
U.S. Economy Only Adds 130,000 Jobs in August
Yikes. The August jobs report is less than stellar as the economy only added 130,000 jobs in the month.
To make matters worse, a lot of those jobs were temporary jobs for the 2020 census.
But one jobs report should not cause a freakout. Unemployment remains at 3.7% while reports from earlier this...
Economy Remains Healthy After Employers Added 164,000 Jobs in July
The economy added 164,000 jobs in July while unemployment held steady at 3.7%. Annual wage growth went up to 3.2%.
Overall the report satisfied analysts and economists since it almost fell in line with expectations. It shows a healthy economy despite a slight slowdown.
June Jobs Report Blows Past Expectations With 224,000 New Jobs
The June jobs report blew apart expectations of economists as it showed the economy added 224,000 new jobs. Economists predicted only 160,000 jobs.
Unemployment crept up to 3.7% from 3.6%. However, the revisions are the noisy part of the report. The Labor Department trimmed 8,000 jobs...
May Jobs Report: Only 75,000 Jobs Added, Unemployment Rate Still Low
May’s jobs report is not great, but not necessarily bad. It does not help that the Labor Department revised down the otherwise great April and March jobs reports.
The economy only added 75,000 jobs, but the unemployment rate stayed at 3.6%.
House Passed Bill to Allow 529 Savings to Cover Training, Apprenticeships
The House of Representatives passed the 529 OPTIONS Act on Thursday, 417-3.
The media has concentrated on parts of the bill that helps people with retirement plans, but I believe the portion that allows people to use 529 savings on training and apprenticeships deserves more attention.
Economy Boom: April Added 263,000 Jobs, Unemployment at 50 Year Low 3.6%
President Donald Trump has another stellar job report under his belt. Economists predicted 190,000 jobs in April, but the report shows the month added 263,000 jobs while the unemployment rate went down to 3.6%.
The unemployment rate has not hit 3.6% since 1969.
March Madness: Report Shows 196,000 New Jobs, Unemployment Rate at 3.8%
The March jobs report showed a rebound with hiring as the economy added 196,000 jobs and the unemployment rate stayed low at 3.8%.
For 102 months, U.S. employers have added jobs, which makes it the longest streak.
Ouch: Economy Only Added 20,000 Jobs in February
Holy cow, what a drop off. The February jobs report shows the economy only added 20,000 jobs last month. Experts predicted 180,000 jobs.
However, the unemployment rate fell to 3.8%.
Unions, Democrats Plead With Amazon in Open Letter to Return to NYC
Unions and Democrat politicians asked Amazon to come back to Long Island City, Queens, in an open letter in The New York Times. They wrote:
New Yorkers do not want to give up on the 25,000 permanent jobs, 11,000 union construction and maintenance jobs, and $28 billion in new tax revenues that...
Above Expectations: GDP Increased 2.6% in Fourth Quarter
The gross domestic product (GDP) in the last quarter of 2018 grew 2.6%, which exceeded expectations. This is the first time since President George W. Bush that we had four straight quarters with GDP growth 2% and up.
January Jobs Report Crushes Expectations With 304,000 New Jobs
The economy added 304,000 jobs in January, the 100th month in a row with growth. Experts predicted only 107,000 jobs in January.
Labor force participation (LFP) is the highest it’s been since 2014 at 63.2%.
Average hourly wages only grew by 0.1%, but overall it’s up 3.2% from a year ago. The unemployment...
December Jobs Report Smashed Expectations With 312,000 Jobs
Economists predicted we’d only see around 176,000 new jobs in December 2018, but the jobs report showed employers added 312,000 jobs instead.
2018 also went out with a bang by averaging 220,000 new jobs every month, which is the best average since 2015.
More Senior Citizens Have Entered the Fast-Food Job Market
Bloomberg has reported that more senior citizens have entered the fast-food market as those restaurant chains have actively aimed to recruit this age demographic.
Yes, the job market is tight, but the senior citizens have what teenagers lack: social skills and punctuality.
Report: Blue-collar Job Growth At Highest Level In 30 Years
While everyone is focusing on anti-Trump derangement, the blue-collar job sector has been quietly bouncing back. According to the Brookings Institution, blue-collar job growth is at its highest level since 1984.
