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Tag: Unemployment Rate

Unemployment Checks Are Bouncing

October 6, 2020Mike DakkakLeave a Comment on Unemployment Checks Are Bouncing

Residents of the U.S. Virgin Islands reported last week that unemployment checks, issued to them by the U.S. Department of Labor, were bouncing.

“People here suffering and you’re telling me they are sending out checks and don’t have any …

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U.S. Economy Adds 130,000 Jobs in August, Less Than Expected

September 6, 2019Mike DakkakLeave a Comment on U.S. Economy Adds 130,000 Jobs in August, Less Than Expected

The U.S. economy added 130,000 jobs in August, less than economists expected. The unemployment rate remain unchanged at 3.7%. Among the sectors were job creation increased was federal government, health care and financial services.

The increase in government jobs …

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The U.S. Economy Added 250,000 Jobs in October Exceeding Expectations

November 5, 2018Mike DakkakLeave a Comment on The U.S. Economy Added 250,000 Jobs in October Exceeding Expectations

The U.S. economy added 250,000 jobs last month exceeding expectations set by most economists. The unemployment rate remained unchanged at 3.7%. The jobless rate is at the lowest it’s been since 1969, 49 years ago.

Among the industries that added …

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President Hails 4.1% GDP Growth as Sign of Strong Economy

July 30, 2018Mike DakkakLeave a Comment on President Hails 4.1% GDP Growth as Sign of Strong Economy

President Trump touted the strength of the economy on Friday, pointing to a GDP rate of 4.1% and record-low unemployment.

“I am thrilled to announce that, in the second quarter of this year, the United States economy grew at the …

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Inflation Wiping Out Wage Growth

July 14, 2018Mike DakkakLeave a Comment on Inflation Wiping Out Wage Growth

U.S. inflation hit a six-year high last month delineating the reason workers are not feeling real increases in their wages. Americans are finding it difficult to realize real increases in their take-home pay despite an economy that is growing at …

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U.S. Adds 213,000 in Positive Jobs Report

July 7, 2018July 30, 2018Mike DakkakLeave a Comment on U.S. Adds 213,000 in Positive Jobs Report

The U.S. economy added 213,000 jobs in June, details a jobs report that shows an economy that is growing at near-record levels.

Construction jobs added 13,000 jobs in the month, health care added 25,000 and professional and businesses services, leading …

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Unemployment at 3.9% After Positive Jobs Report

May 4, 2018Mike DakkakLeave a Comment on Unemployment at 3.9% After Positive Jobs Report

The U.S. economy added 164,000 jobs last month in a positive jobs report that indicated the country’s near-record expansion is continuing unabated. Economists were expecting an increase of about 193,000 jobs, but revisions to job figures for February (slightly downward), …

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Labor Shortages Cause Towns to Pay Residents to Move There

May 1, 2018May 2, 2018Mike DakkakLeave a Comment on Labor Shortages Cause Towns to Pay Residents to Move There

In a sign of the times, several towns across the nation are offering new incentives to people who move there to live and work, the result of a trend going on for years that saw young professionals leaving small towns …

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