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Tag Archives: bureau of labor statistics

June Unemployment = Cold Porridge

goldilocks-three-bears-yikes

The Bureau of Labor Statistics released the monthly employment situation for June this morning and a mixed top line almost hides some really scary internals. The headline numbers were that June added 223k jobs which, by government counting standards, dropped the unemployment rate to 5.3%. Black unemployment still leads all other demographics at 9.5%. Some important revisions to the April and ...

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BLS June 2015 Employment Situation Report [Full Text]

Transmission of material in this release is embargoed until USDL-15-1274 8:30 a.m. (EDT) Thursday, July 2, 2015 THE EMPLOYMENT SITUATION — JUNE 2015 Total nonfarm payroll employment increased by 223,000 in June, and the unemployment rate declined to 5.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, retail trade, ...

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Unemployment rate rises to 8.3% – again

The Bureau of Labor Statistics carefully wordsmithed today’s release of the July Employment Situation Report which showed that unemployment has hit 8.3% again despite a shrinking American workforce. To downplay the alarming jobs news, the BLS used phrases like “essentially unchanged” to describe the increase in the most recognized measure on the health of the workforce. If the number had ...

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First Time Unemployment Drops Again… But…

weekly jobless

Like many I look forward to seeing the unemployment numbers released by the Department of Labor each Thursday morning. These numbers reflect individual’s initial filing for unemployment benefits. They are not indicative of new jobs. Job growth numbers come out the first Friday of each month (I also watch for this). Dropping first time unemployment numbers coupled with increasing new ...

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81,000 More Americans Out of Work in May – Analysis and Graphs

the jobs Obama lost 2011-2012

“The jobs recovery has taken a step backward,” – Patrick O’Keefe,  former deputy assistant secretary for the Labor Department. While the Obama administration downplays the seriousness of the May jobs report, drilling into the numbers shows a much bleaker jobs situation and trend than the President would like to admit. A situation even darker for the 81,000 additional Americans that ...

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8.6% Unemployment is NOT Good News

To read the first paragraph of the Bureau of Labor statistics one might think that the jobs situation in the United States has improved significantly. The unemployment rate fell by 0.4 percentage point to 8.6 percent in November, and nonfarm payroll employment rose by 120,000, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in retail ...

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