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Unemployment Rate At 3.7% Approaching 50-Year Low as Economy Adds 250,000 Jobs

| November 2, 2018

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’

| August 23, 2018

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

| August 6, 2017

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%

| August 4, 2017

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

| March 10, 2017

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%

| December 16, 2016

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

| November 4, 2016

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.

Flagler Job Holders and Workforce Surge By 400 in September as Unemployment Flattens

| October 21, 2016

This is one of those unemployment report where the uptick in the unemployment rate is almost meaningless, compared to other numbers, at least as far as Flagler County’s economy is concerned.

Obama Should Tell the Truth About the American Economy

| September 4, 2016

The president and everybody in his administration really must stop talking about how much better off we are today than we were eight years ago. Here is the disastrous truth.

What Slowdown? Jobs Surge to 255,000 in July, Wages Jump, Unemployment at 4.9%

| August 5, 2016

June and July’s numbers have surged again, with 292,000 new jobs in June and 255,000 in July, bringing the year’s total to 1.3 million new jobs, and keeping the unemployment rate at 4.9 percent.

The American Dream, Canada-Bound

| July 31, 2016

Our country has historically prided itself on being a socially mobile society, where your ability is more important than the race or class you’re born into. Not anymore. If you forgot to be born into a wealthy family, you’re better off today living in Canada or Northern Europe.

Economy Returns to Form With 287,000 New Jobs in June, Erasing Previous Month’s Retreat

| July 8, 2016

The national economy in June added 287,000 jobs, its best performance in eight months and a sharp reversal from May’s slumber, when just 11,000 jobs were created–the worst monthly performance since the end of the Great Recession seven years ago.

Chain Restaurants Hurt the Economy, Pollute, And Pay Poverty Wages. Eat Local Instead.

| July 5, 2016

It’s time for big chains to strengthen local economies by keeping food purchases local and ending worker exploitation. But they don’t. Meanwhile, writes Anna Meyer, look for locally owned restaurants that source local and support raising the minimum wage for all workers.

Economy Adds 215,000 Jobs But Unemployment Rises to 5% As Workers Flood Back

| April 1, 2016

The more accurate, so-called U-6 unemployment rate, which includes part-time and discouraged workers, places unemployment and underemployment at 9.8 percent, and 11.5 percent in Florida.

U.S. Economy Adds Robust 242,000 Jobs, Leaving Unemployment Rate at 4.9%

| March 4, 2016

After a relatively weaker December, when only 172,000 jobs were created, the job market resumed the late 1990s-like pace it has maintained for most of the past two years.

Economy Adds 292,000 Jobs in December for a 1990s-Like Total of 2.65 Million Over the Year

| January 8, 2016

The seven years of Obama’s presidency have netted 8.3 million jobs, after accounting for the millions of jobs lost in the housing crash, but warning signs abound.

Unemployment Stays Flat in Flagler, at 5.9%, and in Florida, at 5.1%, as Workforce Stalls

| December 18, 2015

All numbers dipped a little in Flagler County’s economic graphs in November in what amounts to a tepid unemployment report locally and in Florida. But most numbers are still heading in the right direction.

Unemployment Rate Falls to 7-Year Best of 5.1% With Job Creation at 173,000

| September 4, 2015

The 2015 total is at 1.7 million new jobs–400,000 more jobs created in eight months than the entire eight years of the second Bush’s presidency.

Why You’re Getting Poorer: iPhones Aren’t The Economic Engine Cars and Electricity Were

| August 31, 2015

Robert Gordon argues rising standards of living brought by cars, indoor plumbing and electricity can;t be replaced by iPhones and the internet. Martin Feldstein disagrees.

Service Specter: Rick Scott’s Job-Growth Puffery Masks Florida’s Low-Wage Future

| July 20, 2015

About two of three of those new jobs is a low-paying service-sector one, mirroring years of Florida job growth in low-pay, no-benefits, dead-end jobs in Team Scott’s tourism-driven economy.

Another Strong Growth Month Adds 223,000 Jobs, Lowering Unemployment to 5.3%

| July 2, 2015

For all the economy’s overall improvements, when it comes to the majority of workers, there are no improvements where it matters: in families’ standards of living.

Economy Surges With 280,000 Jobs, But Unemployment Remains at 5.5%

| June 5, 2015

The new jobs bring the total to 12.6 million private-sector jobs created over the last 63 months, one of the better performances of extended growth since World War II.

Economy Resumes Climb With Healthy 223,000 Jobs, Unemployment Ticks Down to 5.4%

| May 8, 2015

The 5.4 percent unemployment rate is another new low since the Great Recession: the rate was last this low exactly seven years ago, in May 2008, when it was beginning to rise rapidly.

Job Creation Slows to 126,000, Unemployment Rate Stays at 5.5%

| April 3, 2015

Several factors have slowed the economy in the first quarter: harsh winter conditions, recession in Europe and a surging dollar, which hurts exports. Even lower oil prices, which have benefited consumers at the pump, have crimped investment in the energy sector, reducing job expansion there.

Another Strong Month Adds 295,000 Jobs to Economy, Lowering Unemployment to 5.5%

| March 6, 2015

Wages continue to sag, growing by just 3 cents over the month, and just 2 percent over the past year, not enough to overcome inflation, let alone give workers a sense that they’re getting ahead.

Strong Job-Creation Pace Continues, Adding 1 Million in Last 3 Months

| February 6, 2015

The U.S. economy added 257,000 jobs in January, continuing a job-creation pace not seen since 1999, when the economy added 3.18 million jobs overall. The unemployment rate ticked up to 5.7 percent.

U.S. Unemployment Drops to 5.8% as Economy Adds 214,000 Jobs, Maintaining Average

| November 7, 2014

The nation’s unemployment rate dropped to 5.8 percent in October, a level last seen in July 2008, when the rate was rapidly rising, and the economy added 214,000 jobs, continuing a steady if somewhat slow recovery.

Unemployment Falls to 5.9% as Economy Adds 248,000 Jobs, Brightening Outlook

| October 3, 2014

After nine months in the 6 percent range, the national unemployment rate in September fell to 5.9 percent, reaching a level last seen in July 2008, when it was rising fast.

Tepid Jobs Report Leaves Unemployment at 6.1% With Lowest Job Creation Since January

| September 5, 2014

The economy created just 142,000 jobs in August, the Labor Department reported this morning, the lowest total since January, when 129,000 jobs were created. The unemployment rate dropped by just a decimal point, to 6.1 percent.

Do the Math: You Couldn’t Live On Minimum Wage

| August 27, 2014

Imagine living on $290 a week before taxes. It’s not a wage you can live on, Mark O’Brien, a minimum wage earner for a time recently, argues, challenging opponents of raising the minimum wage to try it for themselves.

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