Jobs report comes in far above expectations. Official unemployment rate falls to 8.3%, ‘U6′ at 15.1%
The Bureau of Labor Statistics reported the private sector generated 257,000 jobs in December and the official unemployment rate fell to 8.3 percent, the lowest level since February 2009. Layoffs in the public sector cut the total number of jobs create...
First-time claims for unemployment benefits fall to 367,000
(Calculated Risk)
One day ahead of the government's monthly jobs report, the Department of Labor said this morning that initial claims for unemployment benefits fell to a seasonally adjusted 367,000 for the week ending Jan. 28,, a decrease of 12,000...
House Republicans will vote to keep people out of strip clubs … but still no jobs bill
Logo from Blog for Arizona
Here's more laser-like focus on jobs from House Republicans.
House Republicans don’t want Uncle Sam paying for any more lap dances.
A bill that GOP leaders are bringing to the House floor Wednesday would require states to...
First-time unemployment claims rise to 377,000, durable goods purchases rise by 3 percent
A trend of modestly improved economic news continued the trend it has been on for several months Thursday with the Department of Labor's announcement that first-time claims for unemployment benefits remained below 400,000 again. The Census Bureau repo...
Yet another GOP-led state thinks drug testing the poor and jobless makes good sense
State Seal of the Commonwealth of Virginia
Are all these GOP state legislators and governors meeting up on the same Facebook page? One would think so given the speed with which these usually slow-moving politicians on issues like clean energy and env...
What does the South Carolina town where Bain cut jobs think of Mitt Romney’s jobs record?
In the late 1980s, Republican presidential hopeful Mitt Romney's Bain Capital opened a plant in Gaffney, South Carolina ... then closed the plant just a few years later, cutting 150 jobs. South Carolina got layoffs in exchange for the millions in bond...
Men’s earnings haven’t stagnated in the past 40 years, they’ve fallen. Education alone is no fix
(Greenstone & Looney/The Hamilton Project)
Catherine Crampell at The New York Times Economix blog pointed to a disturbing article Thursday. It shows that full-time male workers in the United States were making less in real, that is, inflation-ad...
Mitt Romney’s incredible shrinking job creation claims
Mitt Romney (Scott Audette/Reuters)
GOP presidential hopeful Mitt Romney spent a lot of time and energy on his "job creator" claim, the idea that he created 100,000 jobs through his work at Bain Capital, a claim that so many were able to refute that ...
Class of ’34 will find college costs an even pricier obstacle if trend continues
If you were born yesterday, it would be a good idea to have mom show you between feedings how Craigslist works so you can search out one (or maybe two or three) of those jobs Newt Gingrich says kids should get. Be sure not to spend any of your earning...
