The BLS’ advanced estimate reveals that GDP, the nations most comprehensive measure of economic output, increased only 0.5% during the first quarter of 2016.
The unemployment rate fell four-tenths of one percent to 9.0% in January, according the U.S. Bureau of Labor Statistics’s Employment Situation Report. While the decline in unemployement should be good news for American workers and policymakers, the drop was not due a sharp increase in hiring. In fact, only 36,000 jobs were created during the month, according […]
The Bureau of Labor Statistics just released it employment report for October 2010. The unemployment rate was unchanged at 9.6%. Nonfarm payroll employment increased by 151,000 in October, which is good, but still below a normal expansion. So far, 874,000 jobs have been added since last December. The increases were in the services industry, as the manufacturing industry tended […]
There was (on the surface) good news from the BLS Employment Situation Report today — jobs fell by only 11,000 and the unemployment rate decreased from 10.2% to 10% from October to November. That’s good news right? Here is something that you won’t get from the news reports …. A closer look at the unemployment […]