Tag Archives: unemployment

Unemployment ticks down in October

The BLS figures are in today–employment ticked down by a tenth of a percent last month to 5.8%. Total jobs added was approximately 214,000. There were also upward adjustments on previous months’ hiring. Huzzah. Would such a report have been enough to help Obama and the Democrats in last week’s elections had it come out a […]

Hip Hop Happy Time!

  Yes, I’m depressing to read lately. Don’t know why anybody would follow my posts. And this week just passed was the week that crap blew up all over the place. The week of the Methane Bubble in Siberia. The week when a Malaysian airliner got shot down over Ukraine. The week when a whole lot […]

Commemorate the CCC and WPA!

Wikipedia I write this on the morning that a recently-released Gallup poll revealed unemployment to be the number one concern of Americans, with almost three times as many people considering it to be a bigger problem than the deficit (23% versus 8%). For those joining us late, I’ve been posting about the subject of unemployment […]

Rise up for the unemployed this Friday

Occu-Evolve is organizing a protest specifically around the issue of unemployment. It’s Friday at noon. Here’s why you should be there: Despite the much touted ‘recovery’, adult employment participation is lower than it has been since married women started entering the workforce in 1978. Since 1978, it has taken most families 104 weekly paychecks to […]

Huzzah! Unemployment fell to 6.7% (NOT)

Per the Bureau of Labor Statistics, we find that the US added a paltry 74,000 jobs in December (I’m assuming that’s seasonally adjusted and doesn’t include people hired for holiday retail). And yet despite that, the Unemployment rate fell to 6.7%. Huzzah!Praise be to Obama! Praise be to the fiscally responsible Republicans who refused to […]

Joblessness doesn’t pay

On the 28th of December, long term unemployment benefits expired. The Republican majority in Congress allowed this to happen even though a majority of Americans thought they should be continued. Depending on who you believe, this is the first time the US government has cut extended benefits with the long-term unemployment rate this high. Per the National […]

The August Jobs Report and S17

Last month, the US added a net 169,000 jobs. There was also some downward revision for the employment stats of the month of July. Once the revisions are added in, the actual average job creation over the past three months has been at 148,000 a month–that’s a rounding error away from covering simple population growth, […]