On Friday, the Bureau of Labor Statistics released their monthly jobs report, which estimated that 80,000 new non-farm jobs were created during October, and that the unemployment rate decreased very slightly to 9.0 percent.
A conference call with reporters today revealed more details about the Obama administration’s plan to roll out a program for student debt relief.
Education Secretary Arne Duncan Duncan, Director of the White House Domestic Policy Council Melody Barnes and Raj Date, Special Advisor to the Secretary of the Treasury on the More…
On Monday, U.S. Department of Labor Sec. Hilda Solis, together with the ambassadors of Costa Rica, El Salvador and the Dominican Republic, signed agreements guaranteeing the labor rights of workers from those countries residing within the United States. The ambassadors of Mexico, Guatemala and Nicaragua, countries which already have More…
Despite the soaring costs of college (rising at 3 percent above inflation for over a decade), a new report from the Georgetown University Center on Education and the Workplace argues the lifetime financial benefits are still worth the five-digit amounts of debt graduates endure.
The U.S. economy added 216,000 jobs in March to beat economists’ predictions. The additions dropped the nation’s overall unemployment rate from 8.9 to 8.8 percent, but U.S. Rep. Dave Loebsack says there’s more that can be done.
“I come home every weekend, and what I hear time and time again More…
Via the Kansas City Star, a government report released this week found that foreign workers are at times abused and exploited under the H-2B visa program, which allows companies to hire foreign workers for temporary jobs they can’t fill with Americans. The Government Accountability Office found that some More…
This morning, the Labor Department announced that the U.S. unemployment rate remained at 9.6 percent in September, reflecting a continued stall-out in the recovery. This is the last major jobs report before the November midterm elections. The unemployment rate has held between 9.5 and 9.7 percent since April. And More…
The number of people filing new claims for jobless benefits fell to 11,000 to 445,000 this week, the Labor Department reported this morning. Economists had expected claims to remain around 455,000. But, alas, it is not all sunshine and roses in the labor market.
A glimmer of good news in the monthly Job Openings and Labor Turnover Survey released today: In July, there were more job openings than in June — the first positive month-on-month change since April. The number of advertised gigs rose 6.2 percent, to 3 million. (In Dec. 2007, before More…
Some good news from the Labor Department this morning: Mass layoffs, where an employer fired more than 50 workers within a month, decreased year-on-year and from June to July.
The data shows that the manufacturing sector has improved, year on year, though layoffs remain high.
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