The number of people holding jobs remains 12.9 million (or 8.4 percent) below February’s level. The current unemployment rate is 6.7 percentage points above that of February.
us economy
How Many Deaths Can We Live With?
The coronavirus emergency is raising ethical questions as communities reopen: how many deaths are we willing to live with, and whose deaths? The questions are at the heart of the debate on reopening, but are not being confronted honestly.
Economy Adds 130,000 Jobs, Extending Streak to 107 Months, Keeping Unemployment at 3.7%
Job growth has averaged 158,000 a month this year, below the average monthly gain of 223,000 in 2018. August’s employment gain was helped by the federal government’s hiring of 25,000 temporary census workers in preparation for the 2020 census.
Unemployment Rate At 3.7% Approaching 50-Year Low as Economy Adds 250,000 Jobs
It is the longest uninterrupted expansion since before the Great Depression. The average monthly gain this year has been just over 210,000 jobs, equal the average monthly gains of the last two Obama years.
If Your Boss Makes Millions, It’s Not Because of the ‘Market’
On average, America’s CEOs make 312 times what their workers take home — and that has nothing to do with supply and demand. Simply put, markets don’t set executive pay. Board rooms do.
Upwards Mobility Bunk: Don’t Lie to Poor Kids About Why They’re Poor, And Will Stay Poor
What happens when children born into poverty run face first into the crushing reality that the society they live in really isn’t that fair at all? Hard work has nothing to do with it.
Economy Adds 209,000 Jobs in 82nd Straight Month of Growth, Unemployment at 4.3%
The unemployment rate was last this low in 2001, at the end of the Clinton boom, though wages have only recently started to improve at a pace ahead of inflation.
U.S. Economy Adds 235,000 Jobs,
Continuing Long Pace of Robust Growth
The unemployment rate fell to 4.7 percent, not quite the post-Great Recession low of 4.6 percent recorded last November, but close enough.
Flagler Unemployment Rate Ticks Up for 4th Month in a Row, to 5.7%, Florida’s Up to 4.9%
The streak in increasing unemployment is echoed by an equally suggestive streak: five straight declines in the number of house sales closing in Flagler County, going back to May’s post-recession peak of 259 sales.
161,000 Jobs Created in October, Unemployment at 4.9%, Earnings Up at Fastest Pace Since 2008
The last jobs report before Election Day adds to a string of positive economic results, netting 1.8 million jobs so far this year and the second month in a row of strong earnings increases.