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Showing blog posts tagged with unemployment rate

The Urgency of Now for the Unemployed

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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Look Behind the 175,000 Jobs Created in May

The AFL-CIOyoung workers conference in Minnesota in 2011,  Photo credit AFGE/Flickr

The nation’s economy added 175,000 new jobs in May and the jobless rate slightly increased to 7.6% compared to April’s 7.5%, according to figures released this morning by the U.S. Bureau of Labor Statistics. The 175,000 new May jobs outpaced April’s job growth by 10,000 and marked 38 straight months of tepid job growth. But economists say the growth rate is too slow to fuel a healthy jobs recovery.

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Jobless Rate Dips to 7.5%, as Economy Adds 165,000 New Jobs

Jobless Rate Dips to 7.5%, as Economy Adds 165,000 New Jobs

The nation’s economy added 165,000 new jobs in April while the jobless rate dropped to 7.5% from March's 7.6%, according to figures released this morning by the U.S. Bureau of Labor Statistics (BLS).

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157,000 New Jobs, but Jobless Rate Moves to 7.9%

157,000 New Jobs, but Jobless Rate Moves to 7.9%

While the nation’s economy added 157,000 new jobs in January, the job creation wasn’t enough to prevent the unemployment rate from slightly ticking up from December’s 7.8% to 7.9% last month, according to figures released this morning by the U.S. Bureau of Labor Statistics (BLS).

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Jobless Rate Unchanged in December, Economy Adds 155,000 Jobs

Jobless Rate Unchanged in December, Economy Adds 155,000 Jobs

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.

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Tell Us What You Think: What’s Wrong With the U.S. Economy? The Real Scoop

This is the first of a four-part series describing what went wrong with America’s economy and how to fix it. See Part 2 tomorrow—and please leave a comment to tell us what you think. (Click the chart to enlarge.)

The Great Recession officially ended more than three years ago, but working families know there’s still something wrong with the U.S. economy.  If we want to fix our economy, we first have to understand what’s wrong with it. (Click chart on the left to enlarge). 

Starting today, in a series of four posts and infographics, we’ll spell out what we see as the short-term and long-term causes of our economic problems and we’ll point to specific solutions.

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

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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A Growing Problem for All Families: Student Loan Debt

Today college graduates face crippling amounts of student loan debt.

Jessica Camacho is a policy intern at the AFL-CIO headquarters in Washington, D.C.

As a low-income and first-generation college student in my family, the subject of student loans has been a matter of acute concern to me. High school counselors constantly told me that student loans are “good debt.” This type of information made it justifiable for peers in similar socioeconomic situations to borrow federal and private loans. But lenders take advantage of first-time borrowers by failing to explain in full detail future payment plans, which may cause individuals to be fiscally unprepared for post-graduate life. Current student debt trends must be fixed in order to stop setting up graduates for a lifetime of financial struggles.

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New Jobs Numbers Send Mixed Message

The nation’s unemployment rate jumped to 9 percent in April, up from March’s 8.8 percent, according to the latest government figures. But the monthly payroll survey shows the economy added 244,000 jobs, the largest monthly gain in five years.

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