By Frank Stricker October 10, 2024 Mainstream Views The BLS report for September was, in the mainstream view of things, pretty positive. Non-farm jobs gathered from employers’ reports increased by 254,000—the biggest increase in six months. In the household survey, the unemployment rate fell a tenth of a point in both August and September, and… Read More The Bureau of Labor Statistics Jobs Report for September 2024
By Frank Stricker The U.S. economy performed pretty well in the second quarter (April-June), growing at the rate of 2.8%. Also, price increases have been moderating in many… Read More The Job Situation in July of 2024
By Frank Stricker Are we on the precipice of a recession? Some experts think so. Neil Dutta wrote a piece for Business Insider with this title: “We’re on the Brink of an Unemployment Fiasco.” At The American Prospect, Ryan Cooper’s article revealed a lack of reverence for the Chair of the Federal Reserve: “Inflation is… Read More Are We on the Verge? The Jobs Report for June 2024
By Frank Stricker The Bureau of Labor Statistics (BLS) found that the official unemployment rate rose a tenth of a point to 4% in May. It had stayed under 4% for 27 months. When we at the National Jobs for All Network include hidden unemployment—job-wanters not searching, including… Read More What Labor Shortages? The Government Jobs Report for May 2024
By Frank Stricker April 12, 2024 In the Bureau of Labor Statistics’ (BLS) Employment Situation–March 2024, the unemployment rate was 3.8%. It has been under 4% for two years and that is a positive. But if we add to the unemployment numbers involuntary part-timers (people who want full-time work) and job hunters who are not… Read More No Recession, But Wages Are Kinda Stuck
