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