unemployment

January Employment is Mixed Report – Increases in Low-Paying Segments

In the Trump administration’s first Bureau of Labor Statistics report, January data had a mix of good, bad and ugly news. The good: Employment increased by 227,000 jobs, slightly higher than Wall Street’s prediction. And the labor force participation rate rose slightly to 62.9 percent from last month’s 62.7 percent.

Last Pre-Election BLS Report is Spectacularly Underwhelming

Analysts hoped that the October economy would have generated 175,000 new jobs. The actual number the Bureau of Labor Statistics reported was even less inspiring, 161,000 of the usual low-paying, part-time jobs. Changed little over the past month was employment in major industries, including mining, construction, manufacturing, wholesale trade, retail trade and transportation.

Calamitous BLS Report Underlines Ongoing Employment Crisis for American Workers

I’m running out of adjectives to describe the consistently awful monthly reports from the Bureau of Labor Statistics. For April, I’m using calamitous.

BLS reported that last month the economy created a paltry 160,000 jobs, well below the 200,000 analysts had their fingers crossed for. All the news is bad including the one item Wall Street pointed to as encouraging: wage growth.

March Bureau of Labor Statistics Report Masks Rough Economic Sailing Ahead

From the report: 215,000 new jobs, but as usual many in part-time or low-paying sectors like retail, construction and health care while better paying jobs in manufacturing and mining remained in the doldrums. The labor participation rate inched up to 63 percent but remained at near a 30-year low, while the meaningless unemployment rate also ticked up to 5 percent from last month’s 4.9 percent.

February Jobs Report Offers Mixed Bag, but Oil Industry Gets Hammered

The February Bureau of Labor Statistics report had something for the bulls, and something for the bears.

Carrier, Hertz Cut U.S. Workers; Some Jobs Going to Mexico, Others Likely to H-1Bs

February has been a bad, bad month for American workers. First came the totally dismal Bureau of Labor Statistics report which found that in January the long-struggling U.S. economy created only 155,000 jobs, most of them low-paying.

For American Workers, Bad TPP News Dwarfs Poor January BLS Report

Last month, as Wall Street anticipated, only 151,000 nonfarm payroll jobs were created, with 70 percent of the new jobs driven by low paying work in retail, food services and drinking places – clerks, waiters and bartenders. The January report represents a large drop from December’s much stronger jobs report, even after revised down to 262,000 from an initially reported 290,000.

The Alienation of Americans

As the political campaigns for the Presidency continue and multiple debates provide American voters with the candidates’ positions, without exception, the candidates – irrespective of political party affiliation – have forgotten that, while they seek one of the most prestigious jobs in the world, millions of Americans simply want decent jobs.

Increasingly American citizens are being ignored and alienated by their own government.

BLS September Report: Disaster!

Once again the Wall Street experts were way off target on their jobs-added predictions in advance of the September Bureau of Labor Statistics report. The professionals’ consensus was that the economy would create 203,000 jobs. The harsh reality was not only that the total was a meager 142,000, but the BLS revised its already lackluster July and August reports down by an aggregate 59,000 jobs.

Every key statistic in the September data is dismal. Lowlights from the report:

Summer 2015: American Youth Shut Out

A website that specializes in placing temporary foreign-born workers in summer jobs inadvertently proves why critics oppose the J-1 visa. Regardless of the season, the placement agency offers employers young workers from “more than 15 countries” who will come to the U.S. as part of the discredited “Work and Travel U.S.” program. Touted as a valuable foreign exchange, goodwill building tool that will enhance international relationships, Work and Travel U.S.

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