By Frank Stricker September 15, 2024 There were few big changes last month. The overall unemployment rate fell by a tenth of a percentage point to 4.2%. The Black rate fell .2, the Hispanic rate rose by .2, and the Asian rate was up .4. The rate for teens increased by1.7%, and for Black teens… Read More The U.S. Jobs Reports for August 2024
In June, the Center for Economic and Policy Research (CEPR) published Unequal Employment: Black Jobs Gaps and Deficits By State, a great new research brief by Algernon Austin, CEPR’s Director for Race and Economic Justice. This is a great new tool for advocates and policymakers to understand the profound gaps in labor market conditions for Black… Read More New Research Brief Shines Spotlight on Black Jobs Gap
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 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
By Frank Stricker A Failed Number Does the Federal Government regularly publish estimates of what a reasonably comfortable living standard would be for an average household? There must be something somewhere. A government agency does publish poverty lines–aka, poverty thresholds–and its experts tell us how many people fall below… Read More (Mostly) Useful Government Numbers About Poverty, Jobs, and Unemployment, including the Latest Employment Report for February 2024
