Breitbart Business Digest: Labor Market Is Still Running Hot
While the notion that the labor market has been softening underneath the strong headline figures is increasingly popular, the evidence marshaled to support it is not very strong.
While the notion that the labor market has been softening underneath the strong headline figures is increasingly popular, the evidence marshaled to support it is not very strong.
On Monday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, said that the decline in labor force participation in the September jobs report is “bad news because it means Americans
On Friday’s broadcast of CNN’s “At This Hour,” New York Times Federal Reserve and Economy Reporter Jeanna Smialek said that “the supply of workers just isn’t going to be the thing” that returns the labor market to balance and so, “what you’re going
Nearly 12 million Americans remain out of the United States labor force as the Department of Homeland Security (DHS) approved 30,000 more foreign workers businesses can bring to the country to take blue-collar U.S. jobs.
Arthur Laffer, economist and author of Trumponomics: Inside the America First Plan to Revive Our Economy, told Breitbart News that “the poor, the minorities, the disenfranchised are disproportionately benefiting from tight labor markets” during President Donald Trump’s tenure.
Americans are coming out of not just unemployment, but from out of the workforce entirely at a rate higher under President Donald Trump than under the previous administration, according to a Council of Economic Advisers (CEA) report out Tuesday.
The United States labor force participation rate rose by 58,000 in August, according to statistics released by the Labor Department, leaving more than 94 million Americans out of the workforce.
During the first quarter of 2016, nearly 48.5 million working-age, native-born Americans were not in the labor force. In other words, 28 percent of American-born citizens ages 16 to 65 years old were neither employed nor looking for work.
The BLS reports that last month 94,708,000 Americans were neither employed nor made an effort to find employment — due to discouragement, retirement, education, or otherwise — last month.
The number of Americans not in the workforce during the month of April increased substantially compared to the previous month — again tipping over the 94 million mark — according to Labor Department data released Friday.
The percentage of foreign-born workers in the U.S. civilian labor force has more than tripled over the past four decades.
The Bureau of Labor Statistics reports that in November 56,295,000 women (ages 16 and older) were neither employed nor had looked for a job in four weeks. The number represented a decline of 245,000 from October’s level and a decline of 352,000 from September’s record level of 56,647,000 women not in the workforce.
The number of women outside the labor force decline slightly in October, according to new government data released Friday.
The number of Americans not participating in the labor force exceeded 94 million for the third time in a row last month, according to new government data released Friday.
More than 56 million women were not of the U.S. labor force last month, according to new government data released Friday. The Bureau of Labor Statistics reports that 56,647,000 women, ages 16 and older during the month of September were neither employed nor had made specific efforts to find work in the past four weeks.
The number of women out of the U.S. labor force reached another record high in August, according to the Bureau of Labor Statistics.
The Labor Department reports that the economy added just 173,000 jobs in August, below economists’ expectations of a 212,000 gain.
The number of women not in the labor force reached a record high in July, according to data released Friday by the Bureau of Labor Statistics.