Tag: Employment

U.S. economy adds a healthy 203,000 jobs in November; unemployment rate tumbles to 7.0 percent

Some good news this morning from the Bureau of Labor Statistics: The unemployment rate declined from 7.3 percent to 7.0 percent in November, and total nonfarm payroll employment rose by 203,000, the U.S. Bureau of Labor Statistics reported today. Employment…

Georgia economy and job market improving, but gains primarily in Atlanta metro area

In a recent post to Peach Pundit, I noted that the state of Georgia saw job growth of 2.1 percent over the past year, but those gains have been clustered in the Atlanta metro area. So that’s not such good…

Employment in October better than expected, 204,000 jobs added

Given the partial shutdown of the federal government in October, many analysts and commentators were expecting dreary data in the employment report, which was released a week late because of the temporary layoffs. But the numbers looked pretty good. From…

Delayed employment report: U.S. economy added 148,000 jobs in Sept.; unemployment rate falls to 7.2%

I would describe the data in this post as fair at best, worrisome at worst. The slow recovery continues. From the BLS report for September that was delayed by the shutdown: Total nonfarm payroll employment rose by 148,000 in September,…

U.S. adds 169,000 jobs in August, unemployment rate 7.3 percent

Another decent if unextraordinary jobs report this morning. From the Bureau of Labor Statistics: Total nonfarm payroll employment increased by 169,000 in August, and the unemployment rate was little changed at 7.3 percent, the U.S. Bureau of Labor Statistics reported…

Georgia’s unemployment rate now 5th worst in the nation, Savannah job growth stagnating, and other bad employment news

In a number of my City Talk columns in recent months, I’ve mentioned a crucial paradox: the downtown area in Savannah is attracting major investment, but local employment has been stagnating. Consider: Whole Foods and Kate Spade just opened, Anthropologie…

Another solid employment report: U.S. added 162,000 jobs in July

From the Bureau of Labor Statistics: Total nonfarm payroll employment increased by 162,000 in July, and the unemployment rate edged down to 7.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade, food services and…

More on the employment recovery and the labor force participation rate

An earlier post noted a few details from today’s relatively solid employment situation summary from the Bureau of Labor Statistics. Calculated Risk has obviously posted several updated graphs, which give a good, if very general, sense of just what’s been…

U.S. economy adds 195,000 jobs in June; unemployment rate unchanged at 7.6%

From the Bureau of Labor Statistics: Total nonfarm payroll employment increased by 195,000 in June, and the unemployment rate was unchanged at 7.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in leisure and hospitality, professional and…

U.S. economy added 175,000 jobs in May, unemployment rate at 7.6 percent

From the Bureau of Labor Statistics: Total nonfarm payroll employment increased by 175,000 in May, and the unemployment rate was essentially unchanged at 7.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and business services,…

Calculated Risk on budget surpluses in California and other states

I wish I had a way of measuring rhetoric from southerners about the California economy over the last six years. Here in Georgia, for a number of years before we felt the worst of things, state and local officials maintained…

Economic development in Savannah — are we lagging?

Business professor Russ Wigh has been writing columns every other week for the Exchange in the Savannah Morning News for over two years. His final column came out last week: Same song, second verse for Savannah’s economic development I’ve enjoyed…

Private sector jobs vs. government jobs — surprising facts

I’ve written about this issue on a number of occasions, but it’s time for an update. From Calculated Risk’s recent post Public and Private Sector Payroll Jobs: Bush and Obama: The employment recovery during Mr. Bush’s first term was very…

U.S. economy adds a healthy 236,000 jobs in February; unemployment slips to 7.7%

From the Bureau of Labor Statistics: Total nonfarm payroll employment increased by 236,000 in February, and the unemployment rate edged down to 7.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, construction,…