Jobs Tag

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

Labor Dept: 3.8 Million Americans Filed New Unemployment Claims Last Week

Posted by Mary Chastain on April 30, 2020 1 Comment

The Labor Department reported that 3.8 million Americans filed new unemployment claims last week.

https://www.youtube.com/watch?v=z8mj_Rhfy_A

Former Democrat Campaign Staffers Struggle to Find Work During Coronavirus Crisis

Posted by Mike LaChance on March 20, 2020 41 Comments

In a case of unfortunate timing, many of the Democrats running for president ended their campaigns just before the Coronavirus crisis hit. Now many of the former campaign staffers are looking for jobs as life has come to a standstill.

https://www.youtube.com/watch?v=s55lgCgtBe8

February Jobs Report: 273,000 Jobs Added, Unemployment at 3.5% Despite Coronavirus Fears

Posted by Mary Chastain on March 06, 2020 6 Comments

The Labor Department reported that employers added 273,000 jobs despite coronavirus fears. Many economists feared that employers would hesitate before hiring people. Unemployment also went down a bit, 3.5% from 3.6%

Large Minimum Wage Hike Strikes Again, Killing Restaurant Jobs in California and Washington State

Posted by Mike LaChance on December 18, 2019 21 Comments

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.

https://www.youtube.com/watch?v=R4q-qD8Pwoo

November Jobs Report: 266,000 Jobs Added, Unemployment at 3.5%

Posted by Mary Chastain on December 06, 2019 30 Comments

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

Posted by Fuzzy Slippers on October 05, 2019 9 Comments

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.

https://www.youtube.com/watch?v=i6LNGRIuscE

U.S. Economy Only Adds 130,000 Jobs in August

Posted by Mary Chastain on September 06, 2019 32 Comments

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 week showed consumer spending continues to climb.

https://www.youtube.com/watch?v=bE9Emm7mHu8

Economy Remains Healthy After Employers Added 164,000 Jobs in July

Posted by Mary Chastain on August 02, 2019 6 Comments

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.

https://www.youtube.com/watch?v=URv7IRO8KO0

June Jobs Report Blows Past Expectations With 224,000 New Jobs

Posted by Mary Chastain on July 05, 2019 7 Comments

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 from the April report and 3,000 from May.

May Jobs Report: Only 75,000 Jobs Added, Unemployment Rate Still Low

Posted by Mary Chastain on June 07, 2019 10 Comments

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%.

https://www.youtube.com/watch?v=fANpFAiw--4&t=1s

House Passed Bill to Allow 529 Savings to Cover Training, Apprenticeships

Posted by Mary Chastain on May 24, 2019 11 Comments

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.

https://www.youtube.com/watch?v=dw1NAxorJNo

Economy Boom: April Added 263,000 Jobs, Unemployment at 50 Year Low 3.6%

Posted by Mary Chastain on May 03, 2019 23 Comments

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%

Posted by Mary Chastain on April 05, 2019 12 Comments

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

Posted by Mary Chastain on March 08, 2019 16 Comments

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%.

https://www.youtube.com/watch?v=sVMSzfjQ_78&rel=0&modestbranding=1&controls=0

Unions, Democrats Plead With Amazon in Open Letter to Return to NYC

Posted by Mary Chastain on March 01, 2019 36 Comments

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 Amazon was prepared to bring to our state. A clear majority of New Yorkers support this project and were disappointed by your decision not to proceed. We understand that becoming home to the world’s industry leader in e-commerce, logistics and web services would be a tremendous boost for our state’s technology industry, which is our fastest growing generator of new jobs. As representatives of a wide range of government, business, labor and community interests, we urge you to reconsider, so that we can move forward together.

https://www.youtube.com/watch?v=li5sdxGllIs

Above Expectations: GDP Increased 2.6% in Fourth Quarter

Posted by Mary Chastain on February 28, 2019 9 Comments

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. Experts thought the GDP, "a broad measure of the goods and services produced across the U.S.," would land at 2.2%.

https://www.youtube.com/watch?v=kP83e18AKhk

January Jobs Report Crushes Expectations With 304,000 New Jobs

Posted by Mary Chastain on February 01, 2019 16 Comments

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 went up slightly from 3.9% to 4%.

https://www.youtube.com/watch?v=k8cKAEurGC8

December Jobs Report Smashed Expectations With 312,000 Jobs

Posted by Mary Chastain on January 04, 2019 12 Comments

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.

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