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01 Dec 2010 21:32

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Biz: Clap your hands, unemployed people! We’re about to break a record!

  • 18 number of months that the U.S. has had unemployment above 9 percent, as of October’s numbers (November’s come out Friday)
  • 18 the record for consecutive months in the post-World War II era, set in the ’80s; you guessed it, we’re about to break this tally source
Posted by Ernie Smith • 1 Comment • Permalink

19 Aug 2010 09:36

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Biz: New jobless claims back up above the magical 500,000 mark

  • 500,000number of jobless claims last week, the highest level since November
  • 12,000the increase in claims from the previous week source
Posted by Ernie Smith • 0 Comments • Permalink

29 Jul 2010 11:03

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Biz: Unemployment: Jobless claims numbers improving very, very slowly

  • 11,000 fewer new jobless claims last week than the week before
  • 468,000 the number of new jobless claims last week source
Posted by Ernie Smith • 0 Comments • Permalink

02 Jul 2010 10:18

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Politics: NY Times blogger: This economy needs help to get it going

  • The overall picture isn’t so much of a double-dip recession as it is of a badly wounded economy recovering at a slow pace.
  • New York Times “Economix” blogger David Leonhardt • Analyzing what these job numbers mean. Essentially, Leonhardt thinks the economy needs something else to prop it up and encourage growth. There is silver lining, though – fewer people are looking for part-time work at the expense of full-time work, and the recovery may not be so bad. “History suggests that true job growth may also be a bit better the Labor Department is estimating,” Leonhardt writes. “That’s the usual pattern in the early stages of a recovery.” source
Posted by Ernie Smith • 0 Comments • Permalink

02 Jul 2010 10:04

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Biz: The Census: It’s no longer inflating job numbers, kids

  • 125k jobs disappeared in June, the first dip this year after months of increases
  • 225k Census jobs – specifically – went away in June (they inflated the numbers)
  • 9.5% the current unemployment rate, which somehow went down in June source
Posted by Ernie Smith • 0 Comments • Permalink

12 Apr 2010 09:29

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Biz: Is unemployment higher because unemployment’s easier?

  • 44% of unemployed Americans have been jobless for six months or longer
  • 26% of those unemployed in the early ’80s recession could say the same source
  • » What’s the difference?: According to The Daily Beast, the reason for this has a lot to do with the changing nature of unemployment. Among other things, there are more two-income homes than in the early ’80s. On top of that, it’s easier to get unemployment now than it was 30 years ago – per-capita spending for the jobless has increased 77 percent. While it’s no walk in the park, obviously, it’s clearly not the same situation as it used to be.
Posted by Ernie Smith • 0 Comments • Permalink

09 Apr 2010 12:10

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U.S.: Unemployed people’s benefits being held up by Congress again

  • 200,000 could lose benefits source
Posted by Ernie Smith • 0 Comments • Permalink
 

05 Mar 2010 10:41

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Biz, U.S.: Unemployment still sucks, but it’s not worsening

  • 9.7% jobless rate, the same as
    it was last month source
Posted by Ernie Smith • 0 Comments • Permalink

08 Jan 2010 08:59

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Biz: December’s job outlook not so rosy, but not catastrophic, either

  • -85k number of jobs that were lost in December
  • 10% level of unemployment – it’s staying steady
  • +4k number of jobs ADDED in November (?!?!) source
Posted by Ernie Smith • 0 Comments • Permalink

31 Dec 2009 11:48

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Biz: Cautious optimism: Jobless numbers slowly continuing to improve

  • 432,000 new jobless claims last week, seasonally adjusted
  • 07/19/08 the last time the number was that low, guys source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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