Initial claims increasingly foreclose 2019-early 2020 downturn I’ve been monitoring initial jobless claims closely for the past several months, to see if there are any signs of stress. This is because the long leading indicators were negative one...
From the BLS: Regional and State Employment and Unemployment SummaryUnemployment rates were lower in August in 5 states, higher in 3 states, and stable in 42 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today....
Small businesses are discovering it is getting harder to find talent in an economy with historically low unemployment. Not only are they competing with businesses in their segment, but also large enterprises.
This means they have to get creative to...
Louisiana is in need of a new governor.
At a time when the national economy is doing much better than it had been in the years prior to Donald Trump taking office, unemployment is at an all-time low, wages are up, and people are generally doing...
Related topics: Donald Trump
Friday:• At 10:00 AM ET, State Employment and Unemployment (Monthly) for August 2019• At 12:00 PM, Financial Accounts of the United States (aka Q2 Flow of Funds) from the Federal Reserve.
Related topics: Fed
Sometimes, good workers get let go for reasons outside their control. For example, if your company experiences financial problems, it may have to lay off some of its staff. Similarly, if things shift within your company so that your department is...
Spoiler alert: They’re almost all in tech.
Salary is still the most important factor for deciding where to work. In a jobseeker’s market with low unemployment, candidates can often (in theory at least) pick and choose from among...
Since the end of the financial crisis, the United States has experienced unprecedented economic growth and reached the lowest unemployment rate in 50 years. While common indicators suggest the U.S....
President Donald Trump’s “America First” policies have created an unprecedented economic growth in just two and a half years since taking office. President Trump achieved the lowest-ever recorded unemployment rate for African Americans in...
Related topics: Barack Obama, Donald Trump, African-American
Succinct Summations for the week ending September 13th 2019
Positives:
1. Jobless claims fell 15k w/o/w from 219k to 204k.
2. Home mortgage purchase apps rose 4.0% w/o/w for a second straight week.
3. Home mortgage refinance apps rose 5% w/o/w,...
Related topics: Mortgages
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR S&P 500 ETF (SPY): ETF Research Reports The Kroger Co. (KR): Free Stock Analysis...
Related topics: Kroger
The DOL reported:In the week ending September 7, the advance figure for seasonally adjusted initial claims was 204,000, a decrease of 15,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 217,000 to...
The August jobs report from the Bureau of Labor Statistics showed more great news for all Americans. And particularly for black Americans.
The nation’s unemployment rate of 3.7% puts it near the lowest ever in the last...
The unemployment and underemployment of capable workers with autism is a well-documented phenomenon, as a British study showed.
Employers are gradually getting better at recognizing the value of including neurodiverse people in their organizations,...
Notes: In July there were 7.217 million job openings, and, according to the July Employment report, there were 6,063 million unemployed. So, for the seventeenth consecutive month, there were more job openings than people unemployed. Also note...
The college major with the highest unemployment rate was petroleum engineering, with 7.5% of graduates unemployed.
Black unemployment reached a record low of 5.5 percent in the month of August. While CNN Tonight host Don Lemon and his panel acknowledged the statistic Friday night, they did their best to downplay it and rejected the notion that President Trump...
Related topics: Black Friday, CNN
Mrs Clinton lent her support to Meghan Markle’s new workwear line, which will be launched next week to benefit Smart Works, a non-profit providing unemployed women with free clothing to help them feel more confident in job interviews.
Related topics: Hillary Clinton
While US President Donald Trump touts a “50-year low” 3.7% US unemployment rate, the statistic excludes millions of part-time and temporary workers, giving a false impression of the country’s economic well-being. The real unemployment rate is...
Related topics: Donald Trump
The August jobs report from the Labor Department showed that growth underperformed expectations, indicating that the trade war with China and the resulting tariffs are negatively impacting some industries.While the unemployment rate remained low at...
Related topics: China