Top News
Home >> Tag Archives: employment situation report

Tag Archives: employment situation report

April Employment Report: Jobs Situation Still Sucks

unemployment2

The Bureau of Labor Statistics released their Employment Situation Report for April and there was no good news in it – at all. The report pushed to the headline the usual artfully constructed numbers – last months job creation and the unemployment rate. Total nonfarm payroll employment increased by 223,000 in April, and the unemployment rate was essentially unchanged at ...

Read More »

Questionable jobs report: Unemployment hits 7.8% in September “Unexpectedly”

September jobs report - chart1

Despite slowing job growth, strangely, the key unemployment rate fell .3% to 7.8% due to an unexpected upward 86,000 job revision by the Department of Labor. Secretary Solis spent the morning defending the rosy unemployment rate that is based on questionable revisions. Upwardly revising public sector employment  by tens of thousands of jobs in the report out just after her ...

Read More »

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 ...

Read More »