Tag: unemployment rate

217,000 Jobs added in May

I wish I had something new or different to say about the jobs report. I don’t. I’m happy that the economy is adding hundreds of thousands of jobs, but we still need more. We have millions of Americans who are out of work. We need more. From BLS: Total nonfarm payroll employment rose by 217,000 in May, and the unemployment rate was unchanged at 6.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, health care and social assistance, food services and drinking places, and transportation and warehousing. Household Survey Data The unemployment rate

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News Roundup – Jobs Report, Egyptian pyramids, Stand Your Ground

From EPI: Today’s jobs report was, to say the least, strange. The first look was exciting—288,000 payroll jobs added! Now that is the kind of job growth that would get us back to a healthy labor market relatively soon. If we were to keep up this pace, we would get back to pre-recession labor market conditions by the end of 2016. Even I could live with that. The second look was good, too—the household survey showed the unemployment rate plunged to 6.3 percent. But I should have stopped looking there, because the rest was pretty bad. It turns out the drop in

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Jobs Report – March

So all of the doom and gloom over the economy we saw earlier this week seems to be over nothing. The jobs report is better than expected. From BLS: Total nonfarm payroll employment rose by 288,000, and the unemployment rate fell by 0.4 percentage point to 6.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Employment gains were widespread, led by job growth in professional and business services, retail trade, food services and drinking places, and construction. Household Survey Data In April, the unemployment rate fell from 6.7 percent to 6.3 percent, and the number of unemployed persons,

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ABOUT AUTHOR
Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

Books

A Letter to America

The Thirteeneth Juror

Where is The Outrage Topics
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