The nation’s economy added 155,000 new jobs in December and the jobless rate was unchanged from November’s adjusted 7.8%, according to figures released this morning by the U.S. Bureau of Labor Statistics (BLS). The 155,000 jobs created reflect 34 straight months of positive job growth.
Congress and the media paid homage to the agenda of the billionaires and Wall Street, with the manufactured “fiscal cliff” PR campaign frenzy that just ended. So now can we get back to the country’s priorities? Can we talk about jobs now?
The economy added 171,000 new jobs in October—the 32nd straight month of positive job growth—according to figures released this morning by the U.S. Bureau of Labor Statistics (BLS). The nation’s unemployment rate was essentially unchanged at 7.9%, up slightly from September’s 7.8%. The labor force grew by more than half a million workers in October, which is a positive sign, as more workers are seeking and finding jobs. The number of discouraged and involuntary part-time workers has fallen since last year.
The newly created jobs exceeded most economists’ predictions of 100,000 to 125,000 new jobs for the month. Also, September payrolls were revised to a gain of 148,000 from an initially reported 114,000, and August to 192,000 from 142,000.
The U.S. auto industry is in the midst of its strongest growth period since 1996, U.S. Secretary of Labor Hilda Solis said today at the Ford Motor Co.'s Flat Rock assembly plant in Michigan. Ford just announced it will be adding 1,200 new workers to the Detroit-area plant in expectation that the revamped Fusion sedan will see an increase in sales this fall. Working together, the plant workers, who are members of the UAW, and the company have increased productivity and brought jobs back to the United States.
In West Seattle, workers from the unions of the Seattle Building and Construction Trades Council (SBCTC) are in the middle of a major green construction project that will convert an area that sat vacant for more than five years into a nearly 200-unit rental property.
The $48 million Youngstown Flats project, funded by the AFL-CIO Building Investment Trust (BIT), will be completed in the spring and is bringing a big boost to the local economy. Last week, BIT officials and local labor leaders took time off to honor the workers at a ceremony and special luncheon on site for “dedicating their time and skills to making this building project a reality.
Republicans have a plan to create jobs and they’re going to stick by it whether it kills you or not. According to their twisted logic (shared by Mitt Romney, BTW) excessive federal regulation—especially workplace safety rules—is a major reason why unemployment is staying so stubbornly high.
The answer according to House Republicans simple, just don’t allow any more regulations, from job safety to rules for big banks and public health. That’s theory behind the bill (H.R. 4078) the House passed last week that would bar any new federal rule until the jobless rate drops below 6 percent. How brilliant is that?
Thousands of quality construction and warehouse/operations jobs are coming to Oakland’s hardest-hit communities, thanks to a recent Oakland City Council decision to redevelop an army base that closed decades ago.
Josie Camacho, executive secretary-treasurer of the Alameda Labor Council, which helped lead a labor-community campaign for jobs, said:
The redevelopment of the Oakland Army Base is a surefire way to kick-start job creation in the construction sector, while also creating a wealth of new jobs to maintain operations on the base. And the vital labor standards that are guaranteed by last night’s vote will benefit all Oakland residents and communities.
AFL-CIO President Richard Trumka today said our national security depends on reviving the nation’s manufacturing and industrial base. He called for adding 4 million manufacturing jobs and eliminating the trade deficit within five years.
In a wide-ranging speech at the Center for National Policy (CNP), Trumka said economic strength is crucial to America’s national security and economic standing, and manufacturing is central to economic strength. That’s a connection that most people understand, he said.