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Keyword: jobsreport

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  • Predict the jobs report (Vanity)

    06/01/2017 9:50:42 PM PDT · by Tennessean4Bush · 33 replies
    BLS.gov ^ | 6/2/2017 | T4B
    Predict the jobs report: [a] New jobs added in May [b] Unemployment rate
  • U.S. jobless claims hit 42-1/2-year low as labor market firms

    04/21/2016 8:59:13 AM PDT · by Nachum · 28 replies
    reuters ^ | 4/21/16 | Lucia Mutikani
    The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting its lowest level since 1973, suggesting an apparent sharp slowdown in economic growth in the first quarter could be temporary. While another report on Thursday showed a mild weakening in factory activity in the mid-Atlantic region in April, manufacturers were fairly upbeat about business prospects in the next six months. This, together with labor market buoyancy bodes well for a pick-up in economic growth in the second quarter. "The labor market continues to improve. If the apparent slowing in GDP in the first quarter was truly a...
  • Janet Yellen sets jobs report floor at ... 100K?

    12/04/2015 8:18:08 AM PST · by SeekAndFind · 9 replies
    Hotair ^ | 12/04/2015 | Taylor Millard
    Federal Reserve Chair Janet Yellen made an interesting comment yesterday on today’s jobs report, suggesting the economy just needs to add around 100K jobs a month to be okay. Via Reuters: “To simply provide jobs for those who are newly entering the labor force probably requires under 100,000 jobs per month,” with anything above that helping “absorb” those who are unemployed, discouraged or had dropped out of the labor market, Yellen, who was speaking before Congress’ Joint Economic Committee, said in a question and answer session. That 100K number is much, much lower than the current 200K monthly average...
  • October Jobs Report Reality Check: America Still Isn't Working

    11/07/2015 11:15:54 AM PST · by SeekAndFind · 9 replies
    IBD via RCM ^ | 11/06/2015 | Investors Business Daily
    A strong employment report for October hasn't solved a conundrum that has persisted for five years: As jobs are created and the jobless rate falls, the number of Americans in the labor force keeps dropping. The Labor Department reported Friday that, including revisions from August and September, hiring was up a brisk 283,000 - about double the meager pace of recent months. Gains were widespread in industries, including business services, health care, retail, food services and even construction, suggesting a housing bounce. Average wages rose 0.35% to $25.20, indicating many workers got raises. We'd love to see 12 months or...
  • Fed in focus as jobs data looms

    10/02/2015 4:12:39 AM PDT · by expat_panama · 22 replies
    Yahoo Finance ^ | Fri, Oct 2, 2015 | Lionel Laurent
    LONDON (Reuters) - Gains for European and Asia stocks capped a wild week for financial markets on Friday, ahead of a key U.S. jobs report that could determine the chances of the Federal Reserve raising interest rates before year-end. Concerns about U.S. monetary policy and slowdown in emerging markets led by China have hit commodities markets and related stocks like Glencore and sent credit spreads wider this week in the wake of a summertime surge in volatility. An escalation of fighting in Syria, with Russian air strikes marking its biggest Middle East intervention in decades, has so far failed to...
  • Jobs up only for immigrants, +14,000, down 262,000 for 'native-borns'

    10/02/2015 9:26:53 AM PDT · by b4its2late · 12 replies
    Washington Examiner ^ | 10/2/15 12:13 PM | Paul Bedard
    For a third month in a row, native-born Americans saw their job numbers tumble while immigrants experience solid gains. According to the montly Bureau of Labor Statistics numbers just released, "foreign-born" jobs numbers increased by 14,000, while those for "native-born" Americans fell off a cliff, by 262,000. Over the past three months, the job numbers for native-born have dropped by nearly 1 million, exactly the number of jobs President Obama promised to add when he ran for re-election in 2012. During that period, jobs for immigrants grew 218,000.
  • The American Economy is a RINO: Republican In Name Only

    10/03/2015 1:35:10 PM PDT · by Kaslin · 16 replies
    Townhall.com ^ | October 3, 2015 | Jeff Crouere
    For the past few years, the Obama lovers in the media have been boasting about the supposedly great economy Americans are enjoying. According to this fictitious narrative, Obamas strong leadership saved the economy and led to our recovery, but, in reality, we face today a RINO or Recovery in Name Only economy. The real economy was exposed in the September labor report. The country created only 142,000 new jobs, much less than expectations. This year, we are adding fewer than 200,000 new jobs each month, well below last years average of 260,000 new jobs per month. The so-called experts blame...
  • Big miss: U.S. added only 142K jobs in September

    10/02/2015 5:45:28 AM PDT · by John W · 28 replies
    cbsnews.com ^ | October 2, 2015 | CBS/AP
    <p>The U.S. economy added only 142,000 jobs last month, the Labor Department said Friday. The unemployment rate remained unchanged at 5.1 percent.</p> <p>Analysts had forecast growth of a much more robust 206,000 jobs and an unchanged unemployment rate.</p> <p>Wages were flat in In September, with average hourly earnings at $25.09, following a 9-cent gain in August. Hourly earnings have risen by 2.2 percent over the year. Average hourly earnings of private-sector production and nonsupervisory employees were unchanged at $21.08 in September, the department said.</p>
  • Participation Rate Crashes To October 1977 Level: Americans Not In Labor Force Soar By 579,000

    10/02/2015 6:19:48 AM PDT · by SeekAndFind · 13 replies
    Zero Hedge ^ | 10/02/2015 | Tyler Durden
    While the September jobs number was an absolute disaster, here is the real punchline: in September, the people not in the labor force soared by a whopping 579,000 to a record 94.6 million, up from the previous record 94.0, even as number of people employed - according to the household survey used to calculate the "5.1%" unemployment rate - tumbled by 236,000 to 148.8 million.And as a result of this latest surge in people who aren't working, nor want to work, the participation rate crashed yet again, and sliding from 62.6% to 62.4%, it was the lowest since October...
  • 3.5 Million More Foreign-Born Workers Employed Since Obama Took Office

    10/02/2015 7:26:01 AM PDT · by markomalley · 21 replies
    Washington Free Beacon ^ | 10/2/15 | Ali Meyer
    There are 3,553,000 more foreign-born workers employed today than when President Obama took office in January 2009, according to data from the Bureau of Labor Statistics (BLS).There are currently close to 25 million foreign-born workers employed in the United States, and this number increased by 14,000 in September. In January 2009, when the president took office, there were only 21,928,000 foreign-born workers employed.The BLS does not distinguish between legal immigrants who are permitted to work here and illegal aliens in this data set.While the number of employed foreign-born workers is increasing, the number of native-born workers has declined. For the...
  • Wall St. Drops After Strong Jobs Report Spurs Fears of an Earlier Rate Increase by Fed

    03/06/2015 12:29:10 PM PST · by SeekAndFind · 37 replies
    New York Times ^ | 03/06/2015
    News of a burst of hiring last month sent bond prices lower and the dollar higher in early trading on Friday, while the stock market opened lower. Apple rose 1 percent after it was announced that the company would be joining the Dow Jones industrial average, replacing AT&T. AT&T fell 1 percent. KEEPING SCORE The Dow fell 0.98 percent and the Standard & Poors 500-stock index was down 0.85 percent. The Nasdaq composite index dropped 0.60 percent. MORE JOBS United States employers extended a healthy streak of hiring in February by adding 295,000 jobs, the 12th straight monthly gain above...
  • More Americans are finally seeing something new: A pay raise (per jobs report)

    02/06/2015 10:14:24 PM PST · by Olog-hai · 10 replies
    Associated Press ^ | Feb 7, 2015 12:05 AM EST | Josh Boak
    As the U.S. economy has steadily recovered from the Great Recession, the critical missing piece has been a painful lack of pay raises for many Americans. Their pain may be easing. Fridays jobs report signaled that raises have finally begun to flow through an economy in which, once you factor in inflation, most people earn less than when the Great Recession struck in 2007. The average hourly wage jumped 0.5 percent between December and Januarythe sharpest monthly gain since 2008the governments survey of businesses found. The average has now risen 2.2 percent over the past 12 months to $24.75, comfortably...
  • Transparency! Theres Far Less Than Meets the Eye in Novembers Jobs Report

    12/10/2014 7:50:41 AM PST · by SeekAndFind · 4 replies
    Pajamas Media ^ | 12/10/2014 | Tom Blumer
    On Saturday [1] at the Associated Press, aka the Administration’s Press [2], reporter Christopher Rugaber described the economy’s pickup of 321,000 payroll jobs in November as “booming.”Not so fast, pal.Even if you accept that November’s seasonally adjusted result fairly reflects the underlying reality — and it doesn’t, which will be shown shortly — it will only be “booming” once we see such a figure repeated for at least five more months. On a workforce-adjusted basis, the analogous post-recession period during Ronald Reagan’s presidency in the 1980s had a streak of 19 out of 20 months with an equal or...
  • Everything You Need to Know About Friday's Jobs Numbers

    10/04/2014 7:49:34 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | October 4, 2014 | Mike Shedlock
    Initial Reaction The payroll survey shows a net gain of 248,000 jobs vs. an expectation of 215,000 jobs. Last month was revised up by 69,000 to 180,000. The six-month string of plus 200,000 jobs remains broken. Last month the household survey had a gain in employment of only 16,000. That number was not revised up. This month the household survey shows a respectable gain of 232,000, pretty much in line with the establishment survey. Nonetheless the household survey over the past six months has been much weaker than the establishment survey. One or the other is apt for some serious...
  • Media Desperately Spinning Bad Jobs Report

    09/06/2014 10:52:10 AM PDT · by SeekAndFind · 16 replies
    Frontpage Mag ^ | 09/06/2014 | Daniel Greenfield
    Shockingly enough the numbers are bad and performing below the usual optimistic expectations. Just like every other time.I’ll just give you the headlines for a taste of how frantically the media is spinning the bad news. A Disappointing Jobs Report May Mask Economy’s Strength – NPRJobs Report: Not Good, but Not Terrible Either – New York TimesDon’t freak out about bad jobs report – Washington PostWhy weak August jobs report probably a fluke – MarketWatchThe Awful New Jobs Report Has One Silver Lining – New Republic It’s a fluke! There’s a silver lining! The bad news is really good news!...
  • The Insiders: This months jobs headlines dont tell the true story

    07/04/2014 6:03:26 PM PDT · by xzins · 9 replies
    Washington Post ^ | July 3 | Ed Rogers
    The headline of todays jobs report, that 288,000 jobs were created in the last month, is positive. At least, it is better than a poke in the eye with a sharp stick. However, as with most economic reports these days, there is a veneer of good news but when you look closer, the White House is using the positive headlines to hide the growing deterioration of the American workforce. Last month, 523,000 full-time jobs were lost, while 799,000 part-time jobs were added. Another way of looking at these numbers is that almost all of the 288,000 jobs created last...
  • Record Number of Americans Not in Labor Force in June

    07/03/2014 7:43:51 AM PDT · by Olog-hai · 13 replies
    Cybercast News Service ^ | July 3, 2014 - 8:48 AM | Ali Meyer
    The number of Americans 16 and older who did not participate in the labor force climbed to a record high of 92,120,000 in June, according to data from the Bureau of Labor Statistics (BLS). This means that there were 92,120,000 Americans 16 and older who not only did not have a job, but did not actively seek one in the last four weeks. That is up 111,000 from the 92,009,000 Americans who were not participating in the labor force in April.
  • June Full-Time Jobs Plunge By Over Half A Million, Part-Time Jobs Surge By 800K, Most Since 1993

    07/03/2014 7:16:30 AM PDT · by Zakeet · 11 replies
    Zero Hedge ^ | July 3, 2014
    Is this the reason for the blowout, on the surface, payroll number? In June the BLS reports that the number of full-time jobs tumbled by 523K to 118.2 million while part-time jobs soared by 799K to over 28 million! Looking at the breakdown of full and part-time jobs so far in 2014, we find that 926K full-time jobs were added to the US economy. The offset: 646K part-time jobs. Something tells us that the fact that the BLS just reported June part-time jobs rose by just shy of 800,000 the biggest monthly jump since 1993, will hardly get much airplay...
  • U.S. June Employment Report: 288,000 Jobs Added, Unemployment Rate Down to 6.1 Percent

    07/03/2014 6:57:14 AM PDT · by kristinn · 51 replies
    The New Orleans Times-Picayune ^ | Thursday, July 3, 2014
    Hiring over the past five months has been the strongest since the late 1990s tech boom as the economy added 288,000 jobs in June and the unemployment rate fell to 6.1 percent from 6.3 percent. The Labor Department says those gains follow additions of 217,000 jobs in May and 304,000 in April, figures that were both revised upward.
  • Game-changer Jobs Report?

    05/04/2014 10:10:24 AM PDT · by Kaslin · 18 replies
    Townhall.com ^ | May 4, 2014 | Larry Kudlow
    Does a solid jobs report change the overall economic picture and offer the beleaguered Democratic party a new leg up for the midterm elections? My answer is no and no. Even with all the political slicing and dicing that accompany these big reports, the April employment survey was a lot stronger than virtually anyone expected. Nonfarm payrolls surged by 288,000. Private payrolls gained 273,000. The unemployment rate registered a big decline, dropping from 6.7 percent to 6.3 percent. Some are arguing that lower unemployment is a function of 806,000 dropouts from the labor force. But that's a reach. In the...