unemployment

GOP Response to the November Jobs Report

GOP Response to the November Jobs Report

Leader Cantor: Today’s Report Underscores How Important It Is That We Focus On Jobs WASHINGTON, D.C. – Today, House Majority Leader Eric Cantor (R-VA) released the following statement on the national unemployment report for the month of November: “Today’s unemployment report underscores how important it is that we focus on jobs. Millions of hardworking Americans are fixated on finding a job, yet President Obama is fixated on taking more money […]

How many companies have announced Layoffs since Election?

How many companies have announced Layoffs since Election?

Job loss an early consequence of election The companies announcing layoffs now include: Westinghouse Westinghouse Anniston, the contractor responsible for shutting down Anniston’s chemical weapons incinerator, has reduced its workforce by another 50 employees via Workforce at Anniston weapons incinerator cut by another 50 employees Research in Motion Research in Motion Ltd., the maker of BlackBerry smartphones, laid off about 200 people at its U.S. headquarters in Irving on Wednesday, […]

U3 Employment Rises to 7.9% – Young 23.7% Hispanics 10% Blacks 14.3% Forward?

U3 Employment Rises to 7.9% – Young 23.7% Hispanics 10% Blacks 14.3% Forward?

THE EMPLOYMENT SITUATION — OCTOBER 2012 Total nonfarm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged at 7.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and business services, health care, and retail trade.   Household Survey Data Both the unemployment rate (7.9 percent) and the number of unemployed persons (12.3 million) were essentially unchanged in October, following declines […]

Labor Department ‘Working Hard’ to release Jobs Report before election

Labor Department ‘Working Hard’ to release Jobs Report before election

UPDATE: The U.S. Labor Department on Monday said it is “working hard to ensure the timely release” of the October jobs report, saying it intends to released the report on schedule Friday despite Hurricane Sandy. Friday’s employment report will be the final read on the labor market ahead of the November elections. Initial reports that a delay was possible briefly fueled speculation that the jobs data, good or bad, might […]

Obama Touts 7.8% Unemployment Rate, Manufacturing lost 16000 jobs

Obama Touts 7.8% Unemployment Rate, Manufacturing lost 16000 jobs

The Bureau of Labor Statistics September Jobs report was released this morning and showed a 114,000 jobs increase in September.  But during the end of last month the BLS revised employment numbers upward just in time for an election.  The labor for participation rate has increased by only 0.1% which is still at decade lows. The Obama Administration put out a statement touting the numbers. The Employment Situation in September […]