unemployment

White House Statement on December Jobs Report

White House Statement on December Jobs Report

Statement on the Employment Situation in December   WASHINGTON, DC – Alan B. Krueger, Chairman of the Council of Economic Advisers, issued the following statement today on the employment situation in December. You can view the statement HERE.   The Employment Situation in December Posted by Alan B. Krueger on January 4, 2013 at 9:30 am   While more work remains to be done, today’s employment report provides further evidence that […]

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, […]

Why I endorse Mitt Romney

Why I endorse Mitt Romney

By Karl Gotthardt With polls across the nation opening in less than 48 hours, the majority of US citizens have already decided who to vote for.  A small percentage of undecided’s remain.  Polls can be skewed based on the model used to interpret results.  Most pollsters predict a tight race, where possibly the result will not be known until early Wednesday morning.  Be that as it may, there should be […]

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 […]