Unemployment Hits 49-Year Low as U.S. Employers Step Up Hiring

CHRISTOPHER RUGABER / The Associated Press May 3, 2019 The numbers suggest fewer concerns about sustaining economic growth as the recovery from the Great Recession nears the decade mark. Dig deeper ( 3 Min. Read )

U.S. Employers Add Stellar 312,000 Jobs in December

JOSH BOAK / The Associated Press Jan 4, 2019 The Labor Department also notes that average hourly pay has improved 3.2 percent from a year ago. Dig deeper ( 1 Min. Read )

Business Economists Suggest the U.S. Could Face a Recession in 2020

Ilana Novick Jun 4, 2018 A rosy jobs report doesn’t tell the whole story. Dig deeper ( 2 Min. Read )

Paychecks Shrink Even as U.S. Economy Adds Jobs

Alexander Reed Kelly / Truthdig Mar 7, 2016 U.S. industry added 242,000 jobs in February—but the major gains were in low-wage industries, and average hourly earnings dropped 3 cents. And unemployment rates remained far higher for minorities than for whites. Dig deeper ( 1 Min. Read )

April Jobs Report: The Wage Picture Is Bleak and ‘We’re Still Millions of Jobs in the Hole’

Alexander Reed Kelly / Truthdig May 11, 2015 Yes, all of the U.S. jobs lost to the Great Recession were recovered by mid-2014. But “we didn’t manage to create enough new jobs to satisfy the shortfall” in positions that would have been made “had the economy kept chugging along at a reasonably normal pace,” writes Suzanne McGee at The Guardian. Dig deeper ( 3 Min. Read )

Don’t Be Fooled by the October Unemployment Numbers

Alexander Reed Kelly / Truthdig Nov 7, 2014 Despite 9 million Americans remaining out of work, economists hailed the drop of the U.S. unemployment rate to its lowest level since 2008 on Friday. Dig deeper ( 2 Min. Read )

Where’s the Gratitude?

E.J. Dionne Jr. / Truthdig Oct 7, 2014 President Obama is clearly frustrated that having inherited an economy that was at death's door, he is getting remarkably little credit for getting it back on its feet. Dig deeper ( 3 Min. Read )

Friday’s Jobs Report and the Supreme Court’s McCutcheon Debacle

Robert Reich / Truthdig Apr 5, 2014 What does the Supreme Court’s McCutcheon decision this week have to do with Friday's jobs report, showing 192,000 new jobs for March? Dig deeper ( 2 Min. Read )

Why the Lousy Jobs Report Boosted Wall Street

Robert Reich / Truthdig Feb 10, 2014 How can bad news on Main Street (only 113,000 jobs were created in January, on top of a meager 74,000 in December) cause good news on Wall Street? Dig deeper ( 2 Min. Read )

Winners and Losers of the November Jobs Report

Alexander Reed Kelly / Truthdig Dec 9, 2013 Transportation and warehouse companies have added jobs, factory employees exceeded 12 million people for the first time in four years, the elderly are seeking work, pay remains stagnant at the bottom, and the long-term unemployed are still screwed. Dig deeper ( 2 Min. Read )

‘Another Phony Jobs Report From a Government That Lies About Everything’

Alexander Reed Kelly / Truthdig Jun 8, 2013 The 179,000 jobs created in May and boasted about by the Obama administration are no more than "the usual lowly paid non-exportable domestic service jobs -- the jobs of a third world country," former Assistant Treasury Secretary Paul Craig Roberts writes. Dig deeper ( 2 Min. Read )

‘Left, Right & Center’: Two Economies, Syria and Second Term Woes

Staff / Truthdig May 4, 2013 Truthdig Editor-in-Chief Robert Scheer and the other "Left, Right & Center" panelists ask, in the context of the new jobs report, whether the U.S. has two economies. Also, Florida GOP Sen. Marco Rubio wants immigration reform and President Obama does also, so what will it take to get it passed? Dig deeper ( 1 Min. Read )