The U.S. unemployment rate declined from 7.9 percent in January to 7.7 percent in February as the economy created 236,000 jobs, according to data from the U.S. Bureau of Labor Statistics.
That’s the third time in the last four months the economy has created more than 200,000 jobs – and unemployment is now at its lowest [...]
U.S. Unemployment Rate Declines
U.S. Unemployment Rate Unchanged
LABOR PARTICIPATION RATE REMAINS NEAR 30-YEAR LOW
The American economy added 155,000 jobs in December – roughly the same number it added in November. Unfortunately the nation’s labor participation rate remained stuck at 63.6 percent - just 0.1 percent above a three-decade low (recorded in August). By contrast, the labor participation rate stood at 65.7 percent when Obama [...]
“It’s A Great Day In SC …” To Be Broke
“HONEY, I SHRUNK THE PAYCHECK”
S.C. Gov. Nikki Haley has touted her ability to bring jobs to South Carolina, but the Palmetto State continues to trail the rest of the nation when it comes to getting paid. And let’s not forget that most of Haley’s job announcements have been purchased using taxpayer-funded incentives – which limit [...]
Broke In Myrtle Beach
GRAND STRAND BRINGS UP THE REAR IN NEW EARNINGS SURVEY
Workers in Myrtle Beach, S.C. ranked at the bottom of a new earnings survey released by the U.S. Bureau of Labor Statistics (BLS). In fact, South Carolina’s tourism capital ranked dead last among the nation’s 387 major metropolitan areas in terms of how much money its [...]
Job Growth Slows Again
The American economy created only 115,000 jobs in April, the second consecutive month in which job growth has declined. The nation’s unemployment rate did tick down – from 8.2 to 8.1 percent – but that decline was due to people giving up their search for gainful employment.
How many people? More than 340,000 exited the job [...]
Trikki’s Anti-Union Jihad: “Mission (Already) Accomplished”
EARTH TO HALEY: “THE BATTLE IS O’ER, THE VICTORY WON“
S.C. Gov. Nikki Haley has made going on the war path against unions her top priority of 2012 … assuming of course that your definition of “going on the war path” means issuing executive orders that duplicate existing state law and supporting state legislation that duplicates [...]
US Jobless Rate Edges Down
Seasonal gains drove the American economy to create 200,000 jobs in December, causing the nation’s unemployment rate to edge down to 8.5 percent from a revised 8.7 percent in November.
Meanwhile the nation’s underemployment rate – a broader, more accurate measure of joblessness – also ticked down from 15.6 to 15.2 percent.
While those numbers represent good [...]
U.S. Unemployment Rate Dips
Against a backdrop of increasingly ominous economic indicators, the U.S. unemployment rate actually ticked downward by a tenth of a percentage point in July – clocking in at 9.1 percent. The “underemployment rate,” a broader, more accurate measure of joblessness, also edged downward by a tenth of a percent – from 16.2 to 16.1 percent.
According [...]
US Unemployment Down
The U.S. unemployment rate fell to 9.4 percent in December as the American economy created 103,000 jobs – although those numbers failed to match analysts’ expectations and much of the rate reduction was due to the fact that government no longer counts workers as “unemployed” when they give up looking for work.
Still, the report was [...]
