Tag Archives: unemployment rate

Jobs Report—Not Yet Full Employment

Popular Economics Weekly The unemployment rate rose slightly to 5 percent for the first time since April, the government said Friday, though that was mainly because 444,000 people entered the labor force. There are still too many unemployed, in other … Continue reading

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Spring Employment Surges

Popular Economics Weekly Total nonfarm payroll employment increased by 287,000 in June, and the unemployment rate rose to 4.9 percent, said the U.S. Bureau of Labor Statistics Friday. It means last month’s 11,000 private payrolls was a ‘Yuge’ aberration. How … Continue reading

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Are Most of US Fully Employed?

Financial FAQs The U.S. Bureau of Labor Statistics reported the number of job openings was little changed at 5.8 million on the last business day of April, in its JOLTS report. (But that’s not exactly true, as it is up … Continue reading

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What Happened to Our Economy?

Popular Economics Weekly The major debate during this campaign season is about economic growth. Who has it benefited and who was left behind? Sanders says we aren’t spending enough to create more jobs, and Trump wants to build walls to … Continue reading

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Fed Stays in Accommodative Mode

Popular Economics Weekly It looks like Janet Yellen’s Fed will continue to keep interest rates low this year, based on the latest FOMC press release. This is great news for the housing market, in particular, but not necessarily for consumers … Continue reading

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U.S. Nearing Full Employment?

Popular Economics Weekly Are we approaching full employment will be the debate raging within the Federal Reserve and beyond this year. That’s because, “Total nonfarm payroll employment rose by 215,000 in March, and the unemployment rate was little changed at … Continue reading

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Consumer Finances Much Healthier

Financial FAQs Consumers’ financial health has substantially improved in 2015, and their net worth has now surpassed that of pre-recession 2006, according to the Fed’s 2015 Q4 Flow of Funds report. That is the main reason economic growth prospects have … Continue reading

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211,000 Payroll Jobs Not Enough

Popular Economics Weekly Friday’s unemployment report was disappointing for a number of reasons, mainly because we are not yet close to full employment, and there is no sign of inflation. The number of persons employed part time for economic reasons … Continue reading

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Lower Payroll Employment Tomorrow?

Popular Economics Weekly Will tomorrow’s unemployment report be disappointing, and so cause the Fed to hesitate in raising their overnight interest rate above 0.25 percent, as they’ve been saying they will do this month? The most current economic indicators show … Continue reading

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A Huge Employment Report

Popular Economics Weekly The economy generated 271,000 new jobs last month, with all but 3,000 coming in the private sector, the government said Friday, topping expectations for 190,000 to 240,000 jobs predicted by various economists. Almost every major industry boosted … Continue reading

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