Tag: Unemployment rate

Hiring rebounds in April, U.S. economy adds over 200,000 jobs

I’ve been writing a lot in my City Talk columns about the employment recovery in Savannah and in Georgia’s metro areas (some rural areas are still so weak in terms of hiring that it’s hard to use the word “recovery”),…

The Atlantic asks “What’s Wrong With Georgia?”

Remember back 7 or 8 years ago, when lots of folks here in Georgia — mostly but not all well to the right of the political center — could barely contain their glee at the fiscal and economic woes in…

U.S. economy added 321,000 jobs in November; 2014 is one of best years for job growth since 1990s

From the Bureau of Labor Statistics: Total nonfarm payroll employment increased by 321,000 in November, and the unemployment rate was unchanged at 5.8 percent, the U.S. Bureau of Labor Statistics reported today. Job gains were widespread, led by growth in…

Another solid employment report: U.S. economy added 248,000 jobs in August, unemployment drops below 6 percent

From the BLS: Total nonfarm payroll employment increased by 248,000 in September, and the unemployment rate declined to 5.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, retail trade, and health care.…

More good economic news in July employment numbers: 209k new jobs, 6.2% unemployment

From today’s release from the Bureau of Labor Statistics: Total nonfarm payroll employment increased by 209,000 in July, and the unemployment rate was little changed at 6.2 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in…

A few thoughts on the May employment report showing 217,000 new jobs added in U.S., unemployment rate at 6.3%, and total employment at all-time high

The U.S. economy probably needs to add somewhere around 120,000 jobs per month to keep up with population growth, so the May Employment Situation showing 217,000 more jobs is pretty good news. First some info, then a few comments. From…

U.S. economy added 288,000 jobs in April in latest estimates; unemployment rate plummets to 6.3%

Before we get too excited — or too worried — about today’s seemingly upbeat employment report from the Bureau of Labor Statistics, you might want to take a look at this excellent analysis at the NYT’s The Upshot, which details…

U.S. economy added 192,000 jobs in March; unemployment rate steady at 6.7%. Good news?

I typically post here about the monthly jobs numbers released by the Bureau of Labor Statistics, but I’ve decided not to try to post so quickly upon the release of the estimates on the first Friday of each month. I’m…

A few thoughts on a remarkable speech today by Fed chair Janet Yellen

In no particular order, let me touch on a few interesting elements of Federal Reserve Chair Janet Yellen’s speech today to the 2014 National Interagency Community Reinvestment Conference in Chicago. 1.) Real stories, and a new tone. It’s hard to…

U.S. economy adds a solid 175,000 jobs in February, unemployment rate ticks up but U-6 unemployment rate declines

The last couple of employment reports from the Bureau of Labor Statistics suggested considerable weakness in the U.S. labor market, but there were various confusing and conflicting signals that made many of us expect better numbers ahead. From the BLS…

Reasons why yesterday’s employment report was not as bad as it seemed

Yesterday’s employment report for January from the Bureau of Labor Statistics suggested a steadily healing labor market, but you wouldn’t know that from some of the hand-wringing of media commentators who have the job of trying to make something dramatic…

Weak employment numbers for December; weather might have played a role

From the Bureau of Labor Statistics: The unemployment rate declined from 7.0 percent to 6.7 percent in December, while total nonfarm payroll employment edged up (+74,000), the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade and…

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…

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…