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The Latest News about unemployment

Trumponomics: 263,000 Jobs Added, Unemployment At 3.6 Percent in April

Donald Trump success

The U.S. economy added 263,000 jobs in April while the unemployment rate fell to 3.6 percent, making March the 103rd straight month of job growth, according to Department of Labor data released Friday. Economists predicted 190,000 jobs would be added and the unemployment rate would hold at 3.8 percent, according to The Wall Street Journal. Jobs numbers for March were ...

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Will 2020 Become the Final Year of the Democrat Party?

President Trump is moving America forward with fresh ideas, long-term plans, and initiating orders to make America great again. His successes are indisputable. Jobs are plentiful. Unemployment is at historical lows. Black and Hispanic unemployment at the lowest levels, ever. Manufacturing jobs are returning to America. America is now energy independent. Incomes are growing for all. Opportunity is knocking on ...

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196,000 Jobs Added, Unemployment 3.8 Percent

Donald Trump success

The U.S. economy added 196,000 jobs in March while the unemployment rate remained steady at 3.8 percent, making March the 102nd straight month of job growth, according to Department of Labor data released Friday. Economists surveyed by The Wall Street Journal expected that the jobs report would show solid growth by 175,000 jobs and for the unemployment rate to remain ...

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Trump Effect: Unemployment Claims Hit 50-Year Low

Donald Trump success

The total number of workers claiming unemployment insurance fell to the lowest level in 50 years, the Department of Labor reported Thursday. The number of applications claiming unemployment insurance benefits dropped by 10,000, bringing the number of applicants to 202,000, the lowest recorded number since Dec. 6, 1969, when the U.S. workforce and population were much smaller than they are ...

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Report: Hispanic Unemployment Reached Record Low in June

The unemployment rate for Hispanic workers reached a record low for the month of June according to the most recent Bureau of Labor Statistics report released Friday. In June, the unemployment rate for Hispanic or Latino workers fell to 4.6 percent for the month. This comes in just lower than the previous record of 4.8 percent.  That record was set ...

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Nancy Pelosi Doesn’t Think Lower Unemployment, More Jobs Is A Good Thing

  by Robert Donachie House Minority Leader Nancy Pelosi doesn’t think Friday’s stellar jobs report is a good thing because it happened under Republican control of the White House and Congress. “May’s jobs report shows that strong employment numbers mean little to the families hit with soaring new costs under the Republicans’ watch,” Pelosi wrote in a statement to supporters ...

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223,000 new jobs in May; Unemployment at lowest since 1969

economy going up

Total nonfarm payroll employment increased by 223,000 in May, and the unemployment rate edged down to 3.8 percent, the lowest rate since 1969, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in several industries, including retail trade, health care, and construction. The May jobs numbers were so good that even The New York Times had trouble ...

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Historically low unemployment rate trending down

The US labor market continues to tighten, although job growth in April was 164,000, a little below expectations. The unemployment rate dropped to 3.9 percent in April, one of the lowest rates in recent history. The broader measure of labor underutilization U-6 declined to 7.8 percent, the lowest rate since 2001. The tightening labor market is a result of a ...

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First Trump Administration Jobs Report: 235,000 New Jobs, 4.7% Unemployment

donald-trump-thumbs-up

President Trump has celebrated two blow-out jobs reports out earlier this week and today’s BLS report is no different. The Bureau of Labor statistics employment situation summary report showed that the economy gained 235,000 jobs while analysts had only expected between 190,000 and 220,000. The surprise jump in hiring drops the unemployment rate to 4.7%. The largest job gains came ...

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U.S. Weekly Jobless Claims Jump More Than Expected

Workers at New Balance

With layoffs at 45-year lows, more Americans filed initial jobless claims than analysts had expected. A Department of Labor report showed that 248,000 Americans filed new unemployment insurance claims – 6,000 more than economists had expected despite the lowest level of layoffs recorded in more than four decades. Higher-than-normal layoffs in Massachusetts were more than offset by reductions in 11 other ...

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Industry giants changing foreign manufacturing plans due to Trump

donald-trump

Donald Trump said he would work every day to bring manufacturing jobs back to the United States and two major makers have reportedly decided to do so even before the president-elect takes office. First, Trump met with Ford chairman Bill Ford and Mr. Ford reportedly told the president-elect that his company would not be relocating their Kentucky plant to Mexico. ...

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Gig-economy: Why take a job as a UPS pre-loader?

UPS pre-loader image

Why would anyone consider a package loading job with UPS or Fedex? As the economy drives more Americans into part-time work and the “gig-economy” UPS and Fedex look appealing as they fill a time slot that most other part-time jobs don’t. I took a job as a UPS pre-loader to see if a UPS career made sense and I’ve decided ...

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The Donald Is Proven Right, Again

According to the Tucson Citizen in an article dated January 16, 2008, Mexican legislators from Sonora, Mexico, visited city officials in Tucson, Arizona and criticized them for passing laws that Mexico doesn’t like, laws that would attempt to reserve jobs in America for unemployed Americans.  The Mexican legislators said they couldn’t “handle the demand for housing, jobs and schools” that ...

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U.S. Jobless claims rise most since February

The top line jobless claims number rose above estimates and to the highest level since February, but that’s not the most disturbing news. Digging into the numbers, it appears that more people are suddenly having to find work (initial claims) and they are finding that it is taking longer than previously to get a job (continuing claims.) Jobless claims jumped to ...

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Do Capitalists Understand Basic Economics? Disney Doesn’t Appear To.

The American Chamber of Commerce and many domestic employers are letting all Americans down and negatively impacting our economy by firing domestic employees and hiring foreign replacements. They threaten their own future profits and business prospects as well as the nation’s welfare. The misuse of the H-1B visa program and other failings has for some time been used to get ...

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