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Tag: Unemployment Rate

Bursting Their Bubble

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Posted on Oct 4, 2014 READ MORE


Why Jobs Must Be Our Goal Now, Not Deficit Reduction

The news Friday from the Bureau of Labor Statistics is that the U.S. job market is treading water. The number of new jobs created in December (155,000), and percent unemployment (7.8), were the same as the revised numbers for November.

Posted on Jan 4, 2013 READ MORE



Flickr/ Mr. Lobo

Krugman Rips Jobs Report ‘Truthers’

The New York Times columnist takes on the conspiracy theorists—former General Electric Chairman Jack Welch (pictured) among them—who cried foul after the jobs report released Friday by the Bureau of Labor Statistics showed that the unemployment rate dropped below 8 percent for the first time in nearly four years. 

Posted on Oct 8, 2012 READ MORE


The Politics of the Jobs Report

We’re still crawling out of the deep crater we fell into in 2008 and 2009. The percent of the working-age population now working or actively looking for work is higher than it was, but still near a 30-year low. But at least we’re crawling out.

Posted on Oct 5, 2012 READ MORE


The Week Ahead: Wednesday’s Presidential Debate and Friday’s Jobs Report

The biggest election news this week won’t be who wins the presidential debate Wednesday night. It will be how many new jobs were created in September, announced Friday morning by the Bureau of Labor Statistics.

Posted on Oct 1, 2012 READ MORE


Romney Backs Off 4 Percent Unemployment Claim

Mitt Romney has a new economic goal, one that ostensibly backtracks from the benchmark he set for himself earlier this month. The presumed GOP presidential nominee told Time magazine’s Mark Halperin on Wednesday that he would get the unemployment rate down to 6 percent in his first term.

Posted on May 23, 2012 READ MORE


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California Jobless Rate Tickles 12%

Talk of an economic rejuvenation in recent weeks got a sobering smack in the face Friday as California’s jobless figures were released. The Golden State’s unemployment rolls reached 11.9 percent in July, a post-World War II high.

Posted on Aug 22, 2009 READ MORE


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AP photo / Kiichiro Sato

The Good News on Jobs: Less Bad

While the unemployment rate climbed to 8.9% in April, the number of job losses was down to 539,000, a sign that the recession may be slowing and recovery is on its way. Meanwhile, President Obama proposes an ambitious reform on education for the unemployed while Paul Krugman reminds us of the dangers of keeping banks unchecked.

Posted on May 8, 2009 READ MORE


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