By Frank Stricker 12/16/24 The Bureau of Labor Statistics’ Employment Situation for November suggests that the labor market got over the big bump of strikes and storms that resulted in few job additions in October. Just 12,000 jobs were added then. In November, 227,000 jobs were added—not enough, but pretty good by conventional standards and… Read More The Jobs Report for November 2024; Five Decades of Stagnant Wages
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
