Joblessness Ticks Higher in November
Like a recalcitrant and over-sugared child, U.S. unemployment figures just won’t settle down. The country’s jobless rate ticked up to 9.8 percent in November, a world away from economic recovery.
Like a recalcitrant and over-sugared child, U.S. unemployment figures just won’t settle down. The country’s jobless rate ticked up to 9.8 percent in November, a world away from economic recovery. –JCL
Your support matters…Los Angeles Times:
In a major setback for the economy, the nation’s jobless rate jumped to 9.8% in November as employers added a surprisingly measly amount of new jobs over the month, the government said Friday.
The unemployment rate had been at 9.6% in the prior three months. The increase last month came as employers added just 39,000 jobs in November — a sharp drop-off from a revised 172,000 job gains in October and an average monthly gain of 86,000 this year.
Many analysts were expecting that the report would show a second strong month of job growth, on the order of 150,000 or more new jobs. And there have been other signs that the long-sluggish labor market may be gaining momentum.
Independent journalism is under threat and overshadowed by heavily funded mainstream media.
You can help level the playing field. Become a member.
Your tax-deductible contribution keeps us digging beneath the headlines to give you thought-provoking, investigative reporting and analysis that unearths what's really happening- without compromise.
Give today to support our courageous, independent journalists.
Environment
At least, not fast enough to reach international targets.
Politics
But MAGA world's feud with Swift is an excellent vehicle for observing the ever-quickening decay of American politics.
TD Original
The multibillion-dollar Effective Altruism movement makes rich people feel good about being rich — to hell with the bad publicity.
TD Original
A well-wishing appreciation of Matt Christman.
Book Review
A new book by former Greek finance minister Yanis Varoufakis argues that capitalism as we knew it has been displaced by a twenty-first century feudalism.
TD Original
Social disappearing acts reflect the deepening inhumanity of a technology-addled, coldly transactional world.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.