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‘A Good Sign’: Fewer People File For Unemployment In States Cutting Federal Bonus, Data Shows

‘A Good Sign’: Fewer People File For Unemployment In States Cutting Federal Bonus, Data Shows

  THOMAS CATENACCI CONTRIBUTOR States that withdrew from the federal pandemic unemployment bonus in June saw improving jobs numbers and fewer individuals filing for benefits compared to other states, Department of Labor data analyzed by the Daily Caller News Foundation showed. “I continued to see increases in the number of unemployed and, in some weeks, increases […]

California Employers Add 104,500 Jobs; Unemployment Rate Drops To 7.9%

California Employers Add 104,500 Jobs; Unemployment Rate Drops To 7.9%

Seth Sandronsky | The Center Square (The Center Square) – California employers added 104,500 nonfarm payroll jobs in May versus April’s revised employment gains of 102,000, according to the state Employment Development Department. May’s 7.9% unemployment rate improves on April’s revised rate of 8.0%, April 2020’s peak rate of 16% and May 2020’s rate of […]

Lawmaker: Newsom’s job growth claim is false

Lawmaker: Newsom’s job growth claim is false

Bethany Blankley | The Center Square contributor (The Center Square) – California Gov. Gavin Newsom, a Democrat facing a recall election this year, claimed last week that the state created “nearly 40%” of all new jobs “in the nation” in April. That claim is false, a Republican legislator argues. The state’s Employment Development Department said California had regained 1.3 […]

April Job Growth Was Far Short Of Expectations. Here’s Why Hiring Slowed

April Job Growth Was Far Short Of Expectations. Here’s Why Hiring Slowed

THOMAS CATENACCI CONTRIBUTOR   Experts gave varying explanations after the Department of Labor reported a meager April jobs report that fell far short of predictions. “The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market,” U.S. Chamber of Commerce chief policy officer Neil Bradley […]

October job creation comes in at 128,000, easily topping estimates even with GM auto strike

October job creation comes in at 128,000, easily topping estimates even with GM auto strike

By Jeff Cox KEY POINTS Nonfarm payrolls rose by 128,000 in October, exceeding the estimate of 75,000 from economists surveyed by Dow Jones. There were big revisions of past numbers as well. August’s initial 168,000 payrolls addition was revised up to 219,000, while September’s jumped from 136,000 to 180,000. The unemployment rate ticked slightly higher […]

With 87 Months Of Consecutive Job Gains, This Is By Far The “Best” Job In The U.S.

With 87 Months Of Consecutive Job Gains, This Is By Far The “Best” Job In The U.S.

by Tyler Durden, June 2, 2017  Well over 5 years ago, we first dubbed the economy under Barack Obama as the “Waiter and Bartender recovery”, because while most other job categories had grown at a moderate pace at best, the growth in the category defined by the BLS as “Food Service and Drinking Workers” has been […]