Job Market in a June Swoon
A measly 18,000 jobs were added to the US economy in June, far below expectations for a rise of close to 90,000, and the unemployment rate ticked up to 92 percent The numbers are a reality check (more).
A measly 18,000 jobs were added to the U.S. economy in June, far below expectations for a rise of close to 90,000, and the unemployment rate ticked up to 9.2 percent. The numbers are a reality check, indicating just how poorly the job market has been making up for the more than 8 million jobs lost during the recession. –BF
Your support is crucial…The New York Times:
The report said that 14.1 million people were out of work in June, among them 6.3 million who have been jobless for six months or longer. In May, the total number of unemployed people was reported as 13.9 million, with the long-term unemployed at 6.2 million.
The numbers showed the continuing challenges of adding jobs to the economy even at a rate that keeps pace with population growth, two years after the official end of the longest economic downturn since the Great Depression.
With an uncertain future and a new administration casting doubt on press freedoms, the danger is clear: The truth is at risk.
Now is the time to give. Your tax-deductible support allows us to dig deeper, delivering fearless investigative reporting and analysis that exposes what’s really happening — without compromise.
Stand with our courageous journalists. Donate today to protect a free press, uphold democracy and unearth untold stories.
Health & Wellness
Climate change is having a growing impact on the mental state of those it most seriously affects.
It's not just about food, says author Rebecca Lester, but shame and self-negation.
She was in her 20s when the book chronicling her addiction and depression was published, igniting a debate that lasted for much of her life.
The Texas billionaire is perhaps best remembered for earning the largest vote share of any third-party hopeful since Theodore Roosevelt.
A new book examines how corporate capitalism, through fossil fuel-based technology, has led the world to the point of destruction.
Researchers have remained skeptical, but data indicate that teens face an epidemic of anguish that is nothing short of staggering.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.