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Showing blog posts tagged with unemployment

BLS June Jobs Report Shows Increase of 288,000 Jobs, Marking Lowest Unemployment Rate Since 2008

BLS June Jobs Report Shows Increase of 288,000 Jobs, Marking Lowest Unemployment Rate Since 2008

The economy added 288,000 jobs in June, up from 217,000 in May, and the unemployment rate was 6.1%, a dip from last month’s 6.3%, according to figures released this morning by the U.S. Bureau of Labor Statistics. This marks the lowest unemployment rate since 2008 and the best five-month stretch of job growth since the early 1990s. 

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Economic News Roundup

Economic News Roundup

The Economic Policy Institute (EPI), the Center for Effective Government and Citizens for Tax Justice (CTJ) have released important research about the economy in the past few weeks. Here's a look at some of their key findings....

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Ohio Working Families Remind Speaker John Boehner to Renew Unemployment Insurance

Photo courtesy of Michael Gillis, Ohio AFL-CIO

A group of Ohio working families staked out House Speaker John Boehner's district office yesterday, reminding him he needs to renew unemployment insurance for the more than 2.8 million workers and counting who lost this vital lifeline. In Ohio, 65,000 unemployed workers lost these benefits. 

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Encouraging Economic Leadership

Fed Chair Janet Yellen

This week, Janet Yellen made her second major speech as chair of the Federal Reserve Bank. Again, her talk as chair is fresh air compared with what is typically heard from Fed chairs. During her first speech in April in Chicago, she actually called out the names of specific unemployed workers—putting a human face on the real effects of Fed policy.

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Economy Adds 192,000 Jobs in March, Unemployment Rate Remains at 6.7%

Economy Adds 192,000 Jobs in March, Unemployment Rate Remains at 6.7%

The economy added 192,000 jobs in March, but the unemployment rate remained at February’s 6.7% level, according to figures released this morning by the U.S. Bureau of Labor Statistics. March’s job gain outpaced February’s 175,000 increase but is still far short of what is needed to dig the economy out of the job hole left by the Great Recession.

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