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Showing blog posts tagged with jobs report

Jobless Numbers Raise Concern on Job Growth

Mike Hall | Economy

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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The Puzzle of the Unemployment Rate

William Spriggs | Economy

The Bureau of Labor Statistics released its latest report on the job market on Aug. 2. It had some good news for African Americans: The black unemployment rate in July dipped to 12.6%, its lowest level since January 2009. The BLS also reported that since August 2012 the unemployment rate for adult black men (those older than 20) remains below its 14.4% level in January 2009 and was reported at 12.5% in July. More importantly, the share of black men holding jobs continues to rebound from its record low of 56.5% in 2011 to 59.2%, almost equal its level of 60.4% in January 2009. That was the good news.

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Training@Work See How America's Unions Make a Difference

The Urgency of Now for the Unemployed

William Spriggs | AFL-CIO Now

The Urgency of Now for the Unemployed

The U.S. Bureau of Labor Statistics reported that the unemployment rate increased slightly from 7.5% to 7.6% in May. Each month, comments on this number include a discussion on “labor force participation"—the number that is released is based on people who are “in the labor force.” To be included in the labor force, someone has to either be employed, or actively looking for work. 

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Economy Adds 236,000 Jobs but Recovery Is Still too Slow

Jackie Tortora | Economy

Economy Adds 236,000 Jobs but Recovery Is Still too Slow

The nation’s economy added 236,000 new jobs in February and the jobless rate was 7.7% from January's 7.9%, according to  figures released this morning  by the U.S. Bureau of Labor Statistics (BLS). The 236,000 jobs created reflect 35 straight months of positive job growth. But the number of long-term unemployed (those who are jobless for 27 weeks or more) was unchanged at 4.8 million. These people account for 40.2% of the unemployed.

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October BLS Jobs Report: Workers Gain Confidence as Jobs Continue to Grow

Mike Hall | Economy

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.

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Jobless Rate Declines from 8.3% to 8.1%, 96,000 Jobs Added in August

Tula Connell | Economy

The unemployment rate  declined from 8.3 percent in July to 8.1 percent  in August, with 96,000 jobs added last month, according to data out this morning from the U.S. Bureau of Labor Statistics.

The improvement in the unemployment rate was due to workers dropping out of the labor force, not to an increase in employed workers, according to the Economic Policy Institute ( EPI ). 

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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 07:05:49
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/literal.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 07:05:49
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 07:05:49
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 07:05:49
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 07:05:49
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/literal.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 07:05:49
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 07:05:49
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 07:05:49
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 07:05:49
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/literal.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/eztext.tpl" with resource "design"
Timing: Oct 02 2013 07:05:49
End
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eZTemplate: Loading template "setup/debug_toolbar.tpl" with resource "design"

Timing points:

CheckpointElapsedRel. ElapsedMemoryRel. Memory
Script start 0.0000 sec0.0113 sec 1,284.6172 KB1,198.9531 KB
Module start 'content' 0.0113 sec0.5941 sec 2,483.5703 KB6,031.6953 KB
Module end 'content' 0.6054 sec2.6953 sec 8,515.2656 KB15,092.7422 KB
End 3.3007 sec  23,608.0078 KB 
Total runtime:3.3068 sec
Peak memory usage:25,363.0234 KB

Time accumulators:

 Accumulator Elapsed Percent Count Average
ini_load
Load cache0.0088 sec0.2656%340.0003 sec
Find INI Files0.0002 sec0.0068%60.0000 sec
Mysql Total
Mysqli_queries2.4327 sec73.4294%11520.0021 sec
Looping result0.0321 sec0.9684%11340.0000 sec
TS translator
TS init0.0021 sec0.0634%40.0005 sec
TS cache load0.0010 sec0.0294%40.0002 sec
TS context load0.0006 sec0.0185%40.0002 sec
Template Total3.2593 sec 98.4% 3 1.0864 sec
Template load0.0059 sec0.1775%30.0020 sec
Template processing3.2533 sec98.1987%31.0844 sec
Template load and register function0.0002 sec0.0046%10.0002 sec
states
state_id_array0.1678 sec5.0649%820.0020 sec
state_identifier_array0.1836 sec5.5407%890.0021 sec
override
Cache load0.0072 sec0.2175%1310.0001 sec
class_abstraction
Instantiating content class attribute0.0035 sec0.1070%430.0001 sec
Sytem overhead
Fetch class attribute can translate value0.0014 sec0.0420%180.0001 sec
Fetch class attribute name0.0207 sec0.6249%350.0006 sec
XML
Image XML parsing0.0147 sec0.4437%180.0008 sec
General
String conversion0.0000 sec0.0005%30.0000 sec
dbfile0.0033 sec0.0990%1000.0000 sec
Total script time:3.3130 sec