Even in a weak job market, the old college try isn’t the answer for everyone. A briefing paper warns that “we may have overdone the message” on college. Original post on wsj.com Comments on reddit.com
Despite a late October wallop from Superstorm Sandy and Washington’s ongoing pummeling of business and consumer confidence, the U.S. econ… Original post on nbcnews.com Comments on reddit.com
Here it is, folks: The final jobs report before the 2012 Presidential Election. The Labor Department announced this morning that the U.S. economy added 171,000 jobs in October, and that the unemployment rate ticked up one-tenth of one percent to 7. Original post on time.com Comments on reddit.com
WASHINGTON (MarketWatch) – The U.S. economy generated a lackluster 114,000 jobs in September, but the unemployment rate fell to 7.8% from 8.1%, the lowest level since January 2009, the government said Friday. Economists surveyed by MarketWatch expected a 110,000 increase in jobs, based on the Labor Department’s survey of businesses. The unemployment rate, which is drawn from a separate survey of households, was forecast to tick up to 8.2% from 8.1%. Yet the jobless rate fell sharply after the biggest increase in employment as measured by the household survey since 1983. Some 873,000 people in the household survey said they found jobs. Employment gains for August and July, meanwhile, were revised higher by a combined 86,000. The number of new jobs created in August was revised up to 142,000 from an original estimate of 96,000. July’s figure was revised up to 181,000 from 141,000. In September, average hourly wages rose 7 cents, or 0.4%, to $23.58. The average workweek edged up 0.1 hour to 34.5. (Fixes typo in headline.) Original post on marketwatch.com Comments on reddit.com
Twenty-nine states added jobs, but more people were looking for work, expanding the labor force. Original post on usatoday.com Comments on reddit.com
Comics, Political Cartoons & Editorial Commentary on the latest news and events around the world Original post on cagle.com Comments on reddit.com
One reason the jobless rate may have remained persistently high: The sharp cuts in state and local government spending in the wake of the 2008 financial crisis, and the layoffs those cuts wrought. Original post on wsj.com Comments on digg.com
La Crosse, WI (WXOW)– Governor Walker visited the Republican headquarters on Copeland avenue and thanked supporters who have been phone banking there for months. Walker pointed out what he calls the Original post on wxow.com Comments on digg.com
Signs of economic turnaround could bolster the president, though some caution the current growth rate is not sustainable Original post on guardian.co.uk Comments on digg.com
From Yahoo! News: In the most impressive surge for the job market since early last year, the United States added 243,000 jobs in January, far more than economists expected. The unemployment rate dropped to 8.3 percent, the lowest in three years. Original post on yahoo.com Comments on reddit.com