By CHRISTINE PARKER Young people are getting slammed by the economy. A recent report by the Manhattan Institute for Policy Research found that the unemployment rate for 20- to 24-year-olds rose 4.4 percent since 2008, the sharpest increase of any age group. While the number of workers over 55 grew by nearly 9 million since [...]
Archives for employment data
Women’s work has come undone, as record numbers exit market
By CHRISTINE PARKER Where have all the workers gone? The most recent take from the Bureau of Labor Statistics says the participation rate of all US workers is 63.6 percent of the population — the lowest figure since Dolly Parton sang “9 to 5” in December 1981. This historically low participation number is directly contributing [...]
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U.S. economy gains 115,000 jobs in April
Unemployment dips to 8.1% as more people stop looking for work By Jeffry Bartash, MarketWatch WASHINGTON (MarketWatch) — The U.S. economy created just 115,000 jobs in April as hiring slacked off for a second straight month, according to the government’s latest employment figures. The unemployment rate fell slightly to 8.1% from 8.2%, but the decline stemmed [...]
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U.S. gains 227,000 jobs in February
Best stretch of job growth since 2006; jobless rate remains at 8.3% he U.S. created 227,000 jobs in February and more people found work in the prior two months than initially reported, the government said Friday, suggesting the economy’s recent momentum is likely to continue. The unemployment rate was unchanged at 8.3% as nearly half-a-million [...]
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Weekly applications for unemployment benefits jump to 399000
That’s a “clear indication that the pace of layoffs has slowed,” said Steven Wood, chief economist at Insight Economics.
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Layoffs Up 31% From 2010
Economic Populist Layoffs Up 31% From 2010 Economic Populist The financial sector is next in layoffs for 2011 with 63624 jobs cut. Government jobs and the financial sector accounted for 41% of the total layoffs of 2011. Between BoA and the US army, there were 80000 job losses in September 2011. … December planned layoffs [...]
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Unemployment Claims Fall and Layoffs Decline
Another week of unemployment data brings some welcome news for prospective job seekers and anyone who is anxiously awaiting the end of company announcements of mass layoffs.
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Planned layoffs edge down in November: Challenger
The number of planned layoffs at US firms edged down marginally in November, though job cuts for the year have surpassed 2010′s total, a report on Wednesday showed.
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QC jobless rate among state’s lowest
Illinois led the nation in job growth in October, with 30000 seasonally-adjusted new jobs, according to Illinois Department of Employment Security data released Wednesday.
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Data: State unemployment falls, but St. Cloud lost 1300 jobs year-over-year
Complicating the calculations have been large revisions in recent jobs data in the past few months. September was no exception, with a previously reported job loss of 7400 in the state reduced to 1900.
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