User: newstrust Topic: Personal Finance
Category: Unemployment
Last updated: Feb 26 2017 02:55 IST RSS 2.0
 
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Trump cites a meaningless statistic about national debt and says no one is reporting on it 26.2.2017 Washington Post
The level of debt fluctuates day to day and week to week, depending on a variety of measurements, making the data susceptible to cherry-picking.
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In 2016 Lisbon fired-up its startup engines — 2017 will hear them roar 15.2.2017 TechCrunch
 In the first of a new series focusing on city eco-systems, TechCrunch Editor-at-large Mike Butcher gets under the skin of one of Europe’s hottest startup cities. Being thrown into the fire of an economic recession made for a much more dynamic culture that many observers had typically come to expect from a southern European country. When the country had to turn to the European Union for… Read ...
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Three reasons we're not yet at full employment 9.2.2017 Washington Post: Op-Eds
We're closing in on full employment, but these three important indicators show we're not there yet.
IMF: Greece's debts are still unsustainable despite progress 7.2.2017 AP Business
WASHINGTON (AP) -- Greece, which has been struggling for years with high debts and painful rates of unemployment, is making progress toward reducing its massive budget problems and restoring economic growth, the International Monetary Fund said Monday....
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Do I Qualify For Unemployment? And Other Benefit Basics To Know 6.2.2017 Forbes.com: News
Being out of work is stressful but knowing all your financial options can help make your professional dry spell a bit easier.
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Trump inherits a healthy job market, with solid hiring 4.2.2017 Minnesota Public Radio: News
U.S. employers added 227,000 jobs last month, the Labor Department said Friday. That's the biggest gain since September, and it exceeded last year's monthly average of 187,000.
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Jobless rate at 4.8% as hiring picks up, more look for work 4.2.2017 SFGate: Business & Technology
WASHINGTON — U.S. employers stepped up hiring last month, adding a healthy 227,000 jobs, and more Americans began looking for work, a sign that President Trump has inherited a robust job market. Friday’s report depicted a job market that is generating consistently solid hiring and encouraging more people to start looking for work. If employers keep hiring, even more Americans could be drawn into the job market. [...] even the sluggish wage gain suggests that employers are attracting qualified job seekers who were previously on the sidelines. If employers regarded those people as unemployable, they would have to further raise pay to attract people who already have jobs. The jobs report is the first to be released with Trump in office, but January’s jobs figures reflect hiring that occurred mainly before he was inaugurated on Jan. 20. Consumers are more confident and spending more, manufacturers are producing more goods and home sales stand at mostly healthy levels. [...] that increase likely ...
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U.S. hiring accelerates and more people begin looking for work 3.2.2017 Salt Lake Tribune
Washington • U.S. employers stepped up hiring last month, adding a healthy 227,000 jobs, and more Americans began looking for work, a sign that President Donald Trump has inherited a robust job market. January’s job growth was the best since September, and it exceeded last year’s average monthly gain of 187,000, the Labor Department said Friday . The unemployment rate ticked up to a still-low 4.8 percent from 4.7 percent in December. But the rate rose for an encouraging reason: More Americans s...
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Job Growth on Stable Course as Employment Rate Rises in January 3.2.2017 Truthout - All Articles
*Correction: The economy added 227,000 jobs in January 2017. The unemployment rate inched up by 0.1 percent in January to 4.8 percent, as the economy reportedly added 227,000 jobs. The modest change in the unemployment rate was also associated with a rise in the employment-to-population ratio (EPOP) to 59.9 percent. This is equal to the previous high for the recovery in March of last year. The jobs growth figure was somewhat higher than had generally been expected, but is somewhat offset by the fact that the prior month's numbers were revised down by 39,000. While the rise in the EPOP is good news, it is still well below pre-recession levels. The drop remains low even when looking at prime-age workers (ages 25-54), with the EPOP for prime-age men 2.7 percentage points below its pre-recession peaks and the EPOP for women down 1.5 percentage points. The EPOP for African Americans hit a new high for the recovery, at 57.5 percent. While these data are erratic, the January figure is more than a full ...
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US added a healthy 227K jobs last month; rate up to 4.8 pct. 3.2.2017 Salt Lake Tribune
Washington • U.S. employers stepped up hiring last month, adding a healthy 227,000 jobs, and more Americans began looking for work, a sign that President Donald Trump has inherited a robust job market. January’s job gain was the best since September, and it exceeded last year’s average monthly gain of 187,000, the Labor Department said Friday. The unemployment rate ticked up to a still-low 4.8 percent from 4.7 percent in December. But the rate rose for an encouraging reason: More Americans start... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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A Strong January Jobs Report, But Signs Of Possible Weakness Ahead 3.2.2017 Outside the Beltway
The first Jobs Report of 2017 saw healthy jobs growth in January, but there are signs we may be reaching a point where hiring could slow down.
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Government job report due Friday. Will Trump call it 'fake news'? 2.2.2017 Daily Kos
The Bureau of Labor Statistics will on Friday release its first monthly jobs report since the Trump regime came to power. It’s therefore a tad surprising no word has yet come from the White House commanding the BLS data gatherers and interpreters that their efforts are no longer needed. Or at least that the public should not get to see their conclusions. The pr*sident, after all, has no respect for the work of the bureau, having come to his own conclusions about what the nation’s employment situation actually is. Given how prickly he becomes over the slightest hint of dissent, if the job market takes a downward turn during his time in office and the BLS dutifully reports this, it would be no surprise to hear him labeling the reports “fake news” and throwing a tantrum.   The man’s views about the job situation first got serious national attention in an interview Time magazine conducted with him nearly 18 months ago. Trump claimed that the 5.3 percent unemployment rate then calculated by the BLS was ...
Fed stands pat on interest rates amid political and economic uncertainties 2.2.2017 LA Times: Business

The Federal Reserve left interest rates unchanged Wednesday after its first policy meeting of the year, and gave not a wink of new information as to when it might next raise rates.

Instead, the Fed’s statement announcing its 10-0 vote to stand pat on interest rates reaffirmed that the economy was...

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Fed leaves interest rate unchanged, signals new focus on inflation 2.2.2017 Washington Post
Fed leaves interest rate unchanged, signals new focus on inflation
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Trump inherits the Obama boom 30.1.2017 Daily Kos
If nothing else, during their eight years in the White House George W. Bush and company became experts at deflecting blame. After all, the likes of Dick Cheney, Condoleezza Rice, and Bush himself all chanted that “ nobody could have predicted ” the Sept. 11 attacks, the devastation of Hurricane Katrina, and so many other disasters that occurred on his watch. But it was in explaining away his dismal stewardship of the American economy where Team Bush continued to deploy the same talking point even long after Dubya departed the scene: it was all Bill Clinton’s fault. Even before Bush took the oath of office, Cheney, Newt Gingrich, Dick Armey, and Sean Hannity all falsely declared that his administration “ inherited a recession .” Even after Barack Obama was sworn in on Jan. 20, 2009, Bush’s first press secretary Ari Fleischer and former Cheney aide Mary Matalin continued to parrot lines like “I was there, we inherited a recession from President Clinton.” In his final press conference, President Bush ...
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The Washington economy shows signs of weaning itself from federal dependence 30.1.2017 Washington Post
The Washington economy shows signs of weaning itself from federal dependence
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Ahead of Trump's first jobs report, a look at his remarks on the numbers 29.1.2017 Minnesota Public Radio: Business
Throughout the campaign, Donald Trump questioned the government's unemployment figures. Will that continue, now that he is the president?
Ahead Of Trump's First Jobs Report, A Look At His Remarks On The Numbers 29.1.2017 NPR News
Throughout the campaign, Donald Trump questioned the government's unemployment figures. Will that continue, now that he is the president?
U.S. trade war could hurt Mexico, spur migration 28.1.2017 Salt Lake Tribune
Mexico City • If President Donald Trump makes good on threats to gut NAFTA and impose stiff tariffs on Mexican goods, economists say he risks a trade war that could lead to the very thing he is hoping to avoid — a huge surge in Mexican migration to the United States. The result would be catastrophe for the Mexican economy. Recession. A dramatic weakening of the peso, even below the historic lows it has already set amid Trump’s bellicose rhetoric. Soaring inflation, interest rates and unemploymen... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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US-Mexico trade war could hit Mexico economy, spur migration 28.1.2017 AP Top News
MEXICO CITY (AP) -- If President Donald Trump makes good on threats to gut NAFTA and impose stiff tariffs on Mexican goods, economists say he risks a trade war that could lead to the very thing he is hoping to avoid - a huge surge in Mexican migration to the United States....
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