Showing posts with label Economy. Show all posts
Geography of unemployment
The unemployment map has been updated through July 2010. Our original post on the earlier map is here.
Economy up - unemployment, Dow down
The Bureau of Labor Statistics (BLS) released the July jobs report today. Private sector employment increased by 154,000 jobs, but that gain was partially offset by continuing loss of public sector jobs. Unemployment declined marginally to 9.1%. Dow drops 500, worst day since 2008 financial crisis.
Ten year recovery?
in depressing, Economy, job loss, recession
The Center for Economic Policy and Research released a depressing study on job loss which suggests the jobs deficit wont be erased until 2021.
McJobs
McDonald's has announced it plans to hire an additional 50,000 employees. It also said it intended to gentrify the pejorative term "McJobs" making it mean something better than low wage no benefit work.
Unemployment drops in March
Unemployment in March fell to 8.8%, a two year low. The full Bureau of Labor Statistics report is here.
Net job loss caused by public sector decline
in BLS, Economy, job loss, unemployment
Government sector employment declined by 159,000 last month while private sector jobs increased by 64,000 according to the Bureau of Labor Statistics. The unemployment rate remained at 9.6%.
Jobs and more jobs
in ADP, Automatic Data Processing, BLS, Economy, jobs
According to a report released by Automatic Data Processing (ADP), a private payroll servicing firm, December private sector jobs creation topped a whopping 300,000. There are skeptics. The Bureau of Labor Statistics (BLS) official report will issue Friday.
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