Unemployment

Thursday: Unemployment Claims, Flow Of Funds

Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 212,000 initial claims, up from 203,000 last week.• Also at 8:30 AM, The Producer Price Index for November from the BLS. The...

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Fomc Projections And Press Conference

Statement here. Fed Chair Powell press conference video here starting at 2:30 PM ET.On the projections, growth was mostly unchanged, and unemployment and inflation were revised down slightly.Q1 real GDP growth was at 3.1% annualized, Q2 at 2.0% and...
Related topics: FOMC, Fed, Business Videos, Inflation

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Letters To The Editor: If This Economy Isn't Right For Getting Off Food Stamps, When Is?

Wages are up and unemployment is at a half-century low. Able-bodied adults should be working to pay for their food, not using food stamps.

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Major Freight Carrier Bankrupted, Leaving 3,000 Truckers Jobless, Many Stranded On Highways

Major Freight Carrier Bankrupted, Leaving 3,000 Truckers Jobless, Many Stranded On Highways As the manufacturing recession gains momentum, the largest U.S. truckload carrier filed for bankruptcy Monday morning, leaving 3,000 truck...
Related topics: Bankruptcy

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A 2-person Startup Wrote Personalized Pitch Decks For Job Candidates, And The Founders Say It Makes...

It's getting harder for startups to hire as unemployment hits record lows. In response to the war for talent, a small startup out of Los Angeles has started writing custom slide decks for job candidates, pitching them on why they should join the...
Related topics: Startup

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These Are The 10 Worst States For Millennials

Student loan debt, unemployment, homeownership (or lack thereof), and poverty rates all add up to rank the worst places in America to live if you’re a millennial. As if the weight of student loans and paychecks that barely rise with the cost...

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Celadon Truck Drivers Turn To Facebook As Thousands Left Stranded And Jobless By Bankruptcy

A 34-year-old trucking company abruptly let its workforce go, but help is on the way. From the promise of new jobs to hot showers, meals, and a place to rest, Good Samaritans of all stripes are gathering on a Facebook group formed in the wake of...
Related topics: Facebook, Social Media, Bankruptcy

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An American Trucking Giant Is Slated To Declare Bankruptcy — And It May Leave More Than 3,200...

Celadon is reportedly declaring bankruptcy this week, and that collapse may leave thousands of truck drivers jobless and away from home.
Related topics: Bankruptcy

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Bernie Sanders Wants To End At-will Employment, And That's A Truly Bad Idea That Would Increase...

Bernie Sanders' goal of increasing job security is admirable, but the economic effects of ending at-will employment would be negative.

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One Of The World's Largest Basic-income Trials, A 2-year Program In Finland, Was A Major Flop. But...

Two years after Finland launched a basic-income trial for unemployed residents, many of the recipients remained jobless.
Related topics: Finland

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Black Unemployment Over 50% Above National Average

The newly released Employment Situation for November, from the Bureau of Labor Statistics, shows that the economy added 266,000 jobs last month and that the unemployment rate dropped to 3.5%, a...

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The U.s. Economy Has Been Growing For 11 Years. But Is There A Weak Spot?

James Pethokoukis Economics, Americas What about productivity? There’s a lot good to report about the American economy, now well into its record 11th year of expansion. Unemployment is low, and real wages are rising. And as I recently wrote in...

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Worst Racist Ever: Blacks Outperform Whites – Minorities, Non-college Grads, Blue-collar Workers...

The Trump economy continues with arguably the best economy in US history. Job numbers released today through the end of November show an increase of another 266,000 jobs! And the unemployment rate remains at historic lows of 3.5%! The White House...
Related topics: White House

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Jobs, Jobs, Jobs – Trump Economy Adds 266,000 Jobs In November – Unemployment At 3.5%!!!

The Trump economy continues with arguably the best economy in US history. Job numbers released today through the end of November show an increase of another 266,000 jobs! And the unemployment rate remains at historic lows of 3.5%! The White House...
Related topics: White House

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Succinct Summation Of Week’s Events 12.6.19

Succinct Summations for the week ending December 6th, 2019 Positives: 1. Market continues to flirt with all time highs — nothing is more bullish, 2. Non-farm payrolls rose 266k m/o/m, above the expected increase of 180k. 3. Unemployment rate...

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Newsletter Special Edition: Now That’s A Jobs Report

This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. The U.S. jobs machine is still humming. Employers added 266,000 jobs and the unemployment rate matched a 50-year low in November. The one soft...

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Boom! Job Creation In November Best In A Year

Santa left an early present in Donald Trump's stocking -- via the Bureau of Labor Statistics. Job creation in November hit a one-year high and marked only the third time in 2019 that the US economy added more than 200,000 jobs in a month. The...
Related topics: Donald Trump

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Unemployment Hits 50-year Low

Employers added 266,000 jobs in November and unemployment matched a 50-year low of 3.5%, signs the U.S. economy is withstanding a global slowdown, the Wall Street Journal reports. CNBC notes the numbers easily beat the Wall Street consensus.
Related topics: Cnbc

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Friday: Employment Report

My November Employment Preview.Goldman's November Payrolls preview.Friday:• At 8:30 AM ET, Employment Report for November.   The consensus is for 180,000 jobs added, and for the unemployment rate to be unchanged at 3.6%.• At 10:00 AM,...

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A Bit Of Good News About Us Productivity Growth

There’s a lot good to report about the American economy, now well into its record 11th year of expansion. Unemployment is low, and real wages are rising. And as I recently wrote in my The Week column, “Look, if you’re a president who...

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