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Showing blog posts tagged with jobs

Jobless Rate Dips to 7.2% with Disappointing 148,000 New Jobs in September

Photo credit: AFGE photo/Flckr

The nation’s economy added 148,000 new jobs in September, compared to 169,000 jobs created in August. The 7.2% jobless rate is slightly down from August’s 7.3%, according to figures released this morning by the U.S. Bureau of Labor Statistics.

While today’s report reflects 42 straight months of job growth, the pace is weak, sluggish and just enough to absorb new entrants into the market and makes little dent in the jobs deficit.

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Economic News Roundup

The Economic Policy Institute (EPI) has released important research about the economy in the past few weeks. Here's a look at some of the key pieces it uncovered about the U.S. economy.

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Shared Prosperity, Good Jobs, Wages in Convention Spotlight

Photo by OUR Walmart/Flickr.

Delegates focused on shared prosperity, good jobs and raising wages, as the AFL-CIO 2013 Convention entered its third day in Los Angeles. 

The three working family economics resolutions that won approval this morning center on the labor movement’s vision of shared prosperity here and around the globe, the steps needed to create good jobs, economic security and tax fairness and three dozen specific actions to raise wages and put more money into workers’ pockets.

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Jobless Numbers Raise Concern on Job Growth

Jobless Numbers Raise Concern on Job Growth

The nation’s economy added 169,000 new jobs in August and the 7.3% jobless rate is down slightly from July’s 7.4%, according to figures released this morning by the U.S. Bureau of Labor Statistics.

The new jobs added were 65,000 more than the 104,000 new jobs in July (revised downward from the 162,000 originally reported), and this is the 41st straight month of tepid job growth—growth is at a rate too slow to fuel a healthy jobs recovery.

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Economic News Roundup

Economic News Roundup

The Economic Policy Institute (EPI) has released important research about the economy in the past few weeks. Here's a look at some of the key pieces it uncovered about the U.S. economy.

Read more and comment »

Economic News Roundup

Economic News Roundup

The Economic Policy Institute (EPI) has released a lot of important research about the economy in the past few weeks. Here's a look at some of the key pieces it uncovered about the U.S. economy.

Read more and comment »

Walmart: Portrait of a Job Killer

Making Change at Walmart, photo via Facebook

Whenever communities, lawmakers or activists question or criticize Walmart for the way it treats workers—the low-pay, the stores’ impact on the communities—the retail giant pulls out a well-worn script with a simple message, “Walmart creates jobs and if there’s one thing this economy needs, it’s more jobs.”   

Setting aside the quality of the jobs for another day, is Walmart telling the truth?

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Something Is Fundamentally Wrong

President Obama continued his visits to different parts of America to discuss the economy. This is his attempt to use the Bully Pulpit of the Presidency to direct a national dialogue. The president said, “There are no simple tricks to grow the economy. What we need is a serious, steady, long-term American strategy that reverses the long erosion of middle-class security and gives everyone a fair shot to get ahead.”

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In Case You Missed It: Economic News Roundup

In Case You Missed It: Economic News Roundup

The Economic Policy Institute has released important research about the economy in the past few weeks. Here's a look at some of the key pieces it uncovered about the U.S. economy.

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Economic News Round-Up

Chart courtesy EPI

The Economic Policy Institute (EPI) has released a lot of important research about the economy in the last few weeks.  Here's a look at some of the key pieces it uncovered about the U.S. economy.

Read more and comment »

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