Jobs Tag

https://www.youtube.com/watch?v=j1RklrwQ448 and https://www.youtube.com/watch?v=SkcH3y8UCmM

Congress Will Vote on COVID-19 Relief Bill Almost Half of What Democrats Asked Before Election

Posted by Mary Chastain on December 21, 2020 34 Comments

Congress will vote Monday night on a COVID-19 relief bill worth $900 billion along with a $1.4 trillion spending bill to cover the remainder of the 2021 Fiscal Year. The Democrats wanted a $2.2 trillion COVID-19 relief bill before the election, but Republicans offered $900 billion. The left only agreed to that amount after their guy won the presidential election.

https://www.youtube.com/watch?v=5Qma8LHQlrA

Spending Went Down in November Despite Beginning of Holiday Shopping

Posted by Mary Chastain on December 16, 2020 16 Comments

Yikes. This is not good. November usually kicks off the period when businesses get back in the black (hence Black Friday). But new COVID-19 lockdowns put a damper on those hopes since spending fell by 1.1% in November.

https://www.youtube.com/watch?v=t3GuOc6FSCo

Unemployment Claims Hit 853,000 Last Week in the Wake of New Lockdowns

Posted by Mary Chastain on December 10, 2020 4 Comments

The U.S. unemployment claims last week went up by 137,000 from the previous week to 853,000. Continuing claims, which saw a decreasing pattern, increased by 230,000 to 5.76 million.

https://www.youtube.com/watch?v=Dy9Qg_a2i-Q&t=79s

Former Candidates, Strategists Push Democrats to Focus More on Economy Instead of Healthcare

Posted by Mary Chastain on December 07, 2020 12 Comments

The Democrats might have ousted President Donald Trump and kept the majority in the House, but no one can describe 2020 as a blue wave. Instead, it might be a sign of things to come if the Democrats do not change their focus.

https://www.youtube.com/watch?v=vZp1k2xqiRI

Unemployment Claims Fell by 75,000, But Economy Only Adds 245K Jobs in November

Posted by Mary Chastain on December 04, 2020 5 Comments

States and cities keep reporting new record-high COVID-19 cases, but hiring continues as unemployment claims fell last week by 75,000. Continuing claims fell by 569,000. However, November only added 245,000 jobs.

https://twitter.com/zGuz/status/1326591680699641856?s=20

Biden COVID-19 Advisor Suggests 4 to 6 Week Lockdown

Posted by Mary Chastain on November 12, 2020 74 Comments

You cannot say you weren't warned.

https://www.youtube.com/watch?v=-gAae9bPhaw

October Jobs Report: Unemployment Down to 6.9%, Private Sector Employment Up Over 900,000

Posted by Mary Chastain on November 06, 2020 9 Comments

Unemployment went down to 6.9% in October while the economy added 638,000 jobs. Private sector employment rose over 900,000.

https://www.youtube.com/watch?v=9J-3b3ivVE4

Final Jobs Report Before Election: Unemployment Below 8%, Job Growth Below Expectations

Posted by Mary Chastain on October 02, 2020 4 Comments

The September jobs report, the last one before the election, revealed the economy only added 661,000 jobs. However, the unemployment rate sits at 7.9%. The economy has also recovered 12 million jobs since the COVID-19 outbreak in mid-March, which saw around 22 million layoffs.

Another 860,000 Filed Unemployment Claims Last Week, Continuing Claims Fell by 916,000

Posted by Mary Chastain on September 17, 2020 4 Comments

Another 860,000 Americans filed unemployment claims last week, keeping the trend under 900,000 steady for a few weeks. The number from the week before was revised up to 884,000, meaning claims dropped by 24,000.

Unemployment Rate Dropped to 8.4% in August, Economy Adds 1.4 Million Jobs

Posted by Mary Chastain on September 04, 2020 16 Comments

The Labor Department reported the economy added 1.4 million jobs in August and the unemployment rate dropped to 8.4%. This is a huge drop from July, which saw a 10.2% unemployment rate.

Over 1.4 Million Filed Unemployment Claims, GDP Dropped 9.5% in Second Quarter

Posted by Mary Chastain on July 30, 2020 5 Comments

About 1.434 million Americans filed unemployment claims last week as states issue another shutdown due to spikes in coronavirus cases. The GDP also crashed to a 32.9% annualized rate, which is the biggest drop on record. Overall, the GDP dropped 9.5% between the first and second quarters. But we have to remember the GDP report contains numbers between March and June. It doesn't tell us what is happening now or tomorrow.

Unemployment Claims Up Slightly, But Continuing Claims Dropped by 1.107 Million

Posted by Mary Chastain on July 23, 2020 6 Comments

The unemployment claims last week went up slightly to 1.416 million. However, continuing claims decreased. That means the unemployment went down a little bit to 11.1%. You need to remember that these numbers lag behind a week.

Unemployment Claims Come in at 1.3 Million, Continuing Claims Down by 737,750

Posted by Mary Chastain on July 16, 2020 19 Comments

Unemployment claims continue to tumble! The Labor Department's report states that 1.3 million Americans filed unemployment claims last week, which is down by 10,000 from the previous week. Continuing claims fell by 737,750 to 17.338 million.

Unemployment Claims Decrease Again: 1.3 Million Filed Last Week, Continuing Claims Drop by 698,000

Posted by Mary Chastain on July 09, 2020 5 Comments

The Labor Department's unemployment report shows the unemployment filing numbers continue to decrease as the economy starts to pick up after the coronavirus shutdown. 1.3 million Americans filed last week, which is down by 99,000 from the previous week. The continuing claims fall to 18.06 million, which is a drop of 698,000.

https://www.youtube.com/watch?v=Zhg28SogG28

June Jobs Report Blows Away Estimates: Added 4.8 Million Jobs, Jobless Rate Falls to 11.1%

Posted by Mary Chastain on July 02, 2020 17 Comments

The U.S. economy is picking up after the coronavirus pandemic! The June jobs report revealed the economy added 4.8 million jobs while the jobless rate fell to 11.1%

Unemployment Claims Drop Slightly: 1.48 Million Applied Last Week

Posted by Mary Chastain on June 25, 2020 6 Comments

Fox Business reported that 1.48 million Americans filed unemployment claims last week:

Another 1.48 million Americans filed for unemployment benefits last week, signaling a slow economic recovery from the coronavirus pandemic and related lockdown as layoffs remain historically high, even as many businesses have reopened.

Another 1.5 Million Americans Filed Unemployment Claims

Posted by Mary Chastain on June 18, 2020 5 Comments

The Labor Department reported that another 1.5 million Americans filed unemployment claims last week. The same amount filed the week before.

Retail Sales Hit Record 17.7% in May in Another Sign the Economy is Recovering

Posted by Mary Chastain on June 16, 2020 19 Comments

America saw a decline in unemployment claims and decent jobs report in May. The Commerce Department revealed another sign the economy is recovering from the Wuhan coronavirus pandemic. Retail sales hit a record of 17.7% in May.

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