delong.typepad.com - 18 days ago
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The Bureau of Labor Statistics reports:
The unemployment rate rose from 9.8 to 10.2 percent in October, and nonfarm
payroll employment continued to decline (-190,000).... Since the start of the recession in
December 2007, the number of unemployed persons has risen by 8.2 million, ...
moneywatch.bnet.com - 14 days ago
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moneywatch.bnet.com —
The most recent employment report shows the unemployment
rate at 10.2 percent, and the broader unemployment rate
that accounts for part-time work and discouraged workers at 17.5 percent. With numbers like these, can we expect good news on the ...
(more)
Why Employment Might Not Fully Recover Until 2013
angrybear.blogspot.com - 18 days ago
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angrybear.blogspot.com —
By Spencer, The unemployment rate jumped to 10.2%.
Except for the peak rate of 10.8% after the
1982 recession this is the highest in the post WW II era. The overall tenor of the report was very similar to the past three months reports and sent the message that the economy is no longer ...
(more)
Employment Report
hyscience.com - 18 days ago
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hyscience.com —
The government releasew its monthly employment report today
and the AP reports that the nation's economy probably
lost a net total of 175,000 jobs in October, pushing the unemployment rate to 9.9 percent. Ah, the wonders of Obanomics and Hopenchange. But puhleese, don't question Dear ...
(more)
Labor report: Unemployment Edges Toward 10 Percent
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Unemployment Passes 10 Percent
Matthew Yglesias —
More bad news on the labor market front:
Takeaways: One, people need to stop worrying about inflation. Two, the federal government should deploy more aid to state and local governments. Three, instead of easing up on the easing of monetary policy the Fed needs to ease even more, probably by taking some advice from Scott Sumner about ways this is possible. ...
Unemployment Hits 10 Percent — Are Tax Credits For Homebuyers And Seniors The Best We Can Do?
Wonk Room —
... , for several years into the future.” So as Brad DeLong asked “if you had told everyone last election day what would happen, economically, in 2009, what policies would they have adopted then to stem this disaster? And why aren’t we implementing those policies now?” ...
Related Content
Employment Report: 190K Jobs Lost, 10.2% Unemployment Rate
calculatedriskblog.com 18 days ago — From the BLS : The unemployment rate rose from 9.8 to 10.2 percent in October, and nonfarm payroll employment continued to decline (-190,000), the U.S. Bureau of Labor Statistics reported today. The largest job losses over the month were in ...
On the Employment Situation in October
whitehouse.gov 18 days ago — Today's employment report contained both signs of hope for recovery and painful evidence of continued labor market weakness.
Payroll employment declined 190,000 in October, continuing the steady trend of moderating job loss that began last spring. ...
Employment Report
angrybear.blogspot.com 10/2/2009 — By Spencer Not only was the employment report disappointing, but previously reported encouraging leading indicators of employment were revised away. Most importantly, hours worked fell 0.5% from 99.0 to 98.5. We are now looking at a 3.0% drop in hours worked in the third quarter as compared ...
Employment Report: 263K Jobs Lost, 9.8% Unemployment Rate
calculatedriskblog.com 10/2/2009 — From the BLS : Nonfarm payroll employment continued to decline in September (-263,000), and the unemployment rate (9.8 percent) continued to trend up, the U.S. Bureau of Labor Statistics reported today. The largest job losses were in construction, ...
employment report
angrybear.blogspot.com 9/4/2009 — By Spencer The employment report was discouraging. In contrast to last month when the leading indicators of employment appeared to be stabilizing, they resumed their downtrend this month. Most importantly, hours worked fell o.3% from an upward revised 99.2 to 98.9. the best that can be said ...
EMPLOYMENT REPORT
angrybear.blogspot.com 7/2/2009 — By Spencer The June employment report sent a clear message to expect more of the same. It showed essentially no signs of improvement as payroll employment fell -467,000 and the unemployment rate rose to 9.5% The average work week -- considered a leading indicator of employment growth -- ...
Employment Report: 216K Jobs Lost, 9.7% Unemployment Rate
calculatedriskblog.com 9/4/2009 — From the BLS : Nonfarm payroll employment continued to decline in August (-216,000), and the unemployment rate rose to 9.7 percent, the U.S. Bureau of Labor Statistics reported today. Although job losses continued in many of the major industry sectors ...
Employment report follow up
angrybear.blogspot.com 8/8/2009 — By Spencer, Yesterday in describing the employment report I said: Moreover, the manufacturing work week rose from 39.5 to 39.8 hours and overtime hours were 2.9 hours versus 2.8 in the second quarter. Much of this was auto and confirms the other reports that at least auto output is rebounding. ...
employment report
angrybear.blogspot.com 8/7/2009 — By Spencer, The employment report was very encouraging. Most importantly, aggregate hours worked were unchanged at 91.1 as compared to 104.1, 101.7 and 99.7 over the last three quarters. An unchanged reading is a massive improvement from the 8% to 9% rate of decline over the past three quarters. ...
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