rump … said he thinks the jobless rate is close to 20 percent and not the roughly 5 percent reported by the Labor Department. And, of course, Crudele reported, anyone who buys the 5 percent figure is a "dummy," according to Trump. This, in a nu
Late last week the markets were shocked by a surprisingly bad May jobs report – the worst monthly report in nearly six years. The experts expected the US economy to add 160,000 jobs in May, but it turns out only 38,000 jobs were added. And to make
Go to college, study hard, get a good paying job - that's the mantra heard by most students across America as they wind down their high school careers.
Today's Jobs data was exceptionally disappointing. A mere 38,000 jobs were added when 158,000 were expected. The internal numbers were disappointing as well with far more part-time jobs being created versus full-time, and government employment being
• http://www.paulcraigroberts.org, Paul Craig Robert
June 3, 2016. Today the Bureau of Labor Statistics announced that the US economy only created 38,000 new jobs in May and revised down by 59,000 jobs the previously reported gains in March and April.
A record 94,708,000 Americans were not in the labor force in May -- 664,000 more than in April -- and the labor force participation rate dropped two-tenths of a point to 62.6 percent, near its 38-year low, the Labor Department's Bureau of Labor Stati
The worst jobs data since September 2010 has thrown ice cold water on The Fed's decision-making process and thrown a spanner in the market's narrative that everything is awesome. June rate hike odds crashed to 2% and July rate-hike odds plunged from
Motherboard is running a week of stories about Uber. We asked the company's public relations department what stories it thought the media should be writing, and this story was one of the things Uber pitched.
Millions more American workers will soon be eligible for overtime pay under a rule being finalized Wednesday by the Labor Department.
The rule says anyone who makes less than $47,476 per year must receive time-and-a-half pay for hours worked beyon
Donald Trump's patented phrase "we aren't winning anymore" lies beneath the tidal wave of anti-establishment sentiment propelling his campaign and, to some considerable degree, that of Bernie Sanders, too.
Venezuela's government has announced enforced leave for public sector employees three workdays a week, in a bid to tackle an electricity shortage that is causing power cuts and protests.
Venezuela's government has announced enforced leave for public sector employees three workdays a week, in a bid to tackle an electricity shortage that is causing power cuts and protests.
Back in February, workers at a Carrier air conditioner manufacturing plant in Indianapolis filmed a company spokesman informing employees that 1,400 jobs would be moved to Mexico. The speaker could barely finish his speech in front of this irate crow
If nobody is working in one out of every five U.S. families, then how in the world can the unemployment rate be close to 5 percent as the Obama administration keeps insisting?
Two years ago, Swiss voters had a national referendum that would have set the nation's minimum wage at $25 an hour. A whopping 76.3 percent of voters voted NO to the referendum. Switzerland has no minimum wage and Swiss workers are among the highes