The World Street Journal reports that U.S. economic growth accelerated last quarter, easing fears of a near-term slowdown but doing little to change the trajectory of a long but weak expansion. Gross domestic product, a broad measure of goods and services produced across the economy, expanded at an inflation- and seasonally adjusted 2.9% annual rate in… Continue reading US Economic Growth Accelerates – 2.9% Growth in Third Quarter
Tag: jobs
Another Positive Jobs Report for December – 292,000 Jobs Created
More non-farm jobs created in the month of December amounting to 292,000 jobs, according to a newly released report from The Bureau of Labor Statistics, and according to the report, the unemployment rate remains at 5%.
Unemployment Drops to 5% with 271,000 Jobs Added in October
And the positive economic growth continues, regardless of what the Republicans say. The Bureau of Labor Statistics reported Friday that nonfarm payrolls grew 271,000 for the month, a sharp jump from weak August and September numbers. The headline unemployment rate declined to 5.0 percent, declining even as the civilian labor force increased by 313,000.… Continue reading Unemployment Drops to 5% with 271,000 Jobs Added in October
Huge Layoffs Slated for Twitter Next Week
When asked about the upcoming firings and layoffs, the denial was expected. But according to this report, company wide layoffs will happen next week. Jack Dorsey was named permanent CEO of Twitter on Monday, and a big reason he got the job was that as a co-founder, Dorsey isn’t afraid to make the tough, necessary… Continue reading Huge Layoffs Slated for Twitter Next Week
Unemployment Rate Down to 5.3% – A 7 Year Low
Newly released reports state that the labor market added 223,000 jobs last month, making this the lowest the unemployment rate has been in 7 years. The unemployment rate fell to 5.3 percent, the lowest mark in seven years, but the decline reflected a wave of Americans who either retired or abandoned their job hunts. The… Continue reading Unemployment Rate Down to 5.3% – A 7 Year Low
Jobless Claims Fall to Lowest Levels in Last 15 Years
Your Thursday morning dose of good news. First-time filings for unemployment insurance fell by 34,000 to 262,000 in the week ended April 25, the lowest since April 15, 2000, a Labor Department report showed Thursday in Washington. The figure was smaller than the lowest projection in a Bloomberg survey of economists. With job openings at… Continue reading Jobless Claims Fall to Lowest Levels in Last 15 Years
Unemployment Rate Falls Again – Down to 5.6 Percent – #BlameObama
No wonder the jokers in the Republican party are now trying to take credit for the economic growth in this country. Who wouldn’t want to be in charge of an economy with a 5.6 unemployment rate? The U.S. capped its best year for hiring in 15 years with a healthy job gain in December and… Continue reading Unemployment Rate Falls Again – Down to 5.6 Percent – #BlameObama
President’s Weekly Address – Things Are Better Now, Thanks To White House Policies
In his weekly address, President Obama took some time to praise the rebound of the American economy, something the president hasn’t done in a long time although evidence of economic prosperity is evident. The steps we took nearly six years ago to rescue our economy and rebuild it on a new foundation helped make 2014… Continue reading President’s Weekly Address – Things Are Better Now, Thanks To White House Policies
Still On The Right Track – 321,000 Jobs Added in November – #ThanksObama
(AP Photo/Matt Rourke) (AP) — U.S. employers added a whopping 321,000 jobs in November, the biggest burst of hiring in nearly three years and the latest sign that the United States is outperforming other economies throughout the developed world. The Labor Department also said Friday that 44,000 more jobs were added in September and October… Continue reading Still On The Right Track – 321,000 Jobs Added in November – #ThanksObama
Forbes Compared Obama to Reagan – Obama “Outperformed” Reagan in “All Categories”
Bob Deitrick: ”President Reagan has long been considered the best modern economic President. So we compared his performance dealing with the oil-induced recession of the 1980s with that of President Obama and his performance during this ‘Great Recession.’ “As this unemployment chart shows, President Obama’s job creation kept unemployment from peaking at as high a… Continue reading Forbes Compared Obama to Reagan – Obama “Outperformed” Reagan in “All Categories”
Unemployment Rate Falls to 5.9% – 248,000 Jobs Created in September
Watch Republicans find a way to somehow say this is bad for the economy. In September, the economy added another 248,000 jobs, lowering the unemployment rate to 5.9 percent according to the Bureau of Labor Statistics, and creating even more headaches for Republicans. BLU stated that the number of unemployed persons decreased by 329,000 to… Continue reading Unemployment Rate Falls to 5.9% – 248,000 Jobs Created in September
Republicans Say She’s Lazy – Woman Dies Trying to Work 3 Jobs
Republicans would call Maria Fernandes lazy. She worked three jobs at three different Dunkin Donuts in New Jersey, trying to survive and pay her $550 a month rent. According to her landlady, Maria’s rent payments were often late. Working three jobs meant Maria was hardly ever home. She took naps in her car between shifts… Continue reading Republicans Say She’s Lazy – Woman Dies Trying to Work 3 Jobs