unemployment - Page 17

Federal Workers Earn 78% More Than Private Sector Employees, Study Shows

According to a study of data from the Bureau of Economic Analysis, conducted by the Cato Institute, compensation for federal workers is 78% higher on average than compensation for private sector employees.

“Federal civilian workers had an average wage of $84,153 in 2014, compared to an average in the private sector of $56,350,” according to the Cato review. “The federal advantage in overall compensation (wages plus benefits) is even greater. Federal compensation averaged $119,934 in 2014, which was 78 percent higher than the private-sector average of $67,246.”

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A Sense of Doom Hangs Over September’s Big-Miss Jobs Report

Analysts were expecting well over 200k new jobs for September – which isn’t really all that great, but at least it’s enough to keep pace with population growth. Instead, we got 142k new jobs, the past few months were revised downward, wage growth remained flat, and the labor force shrank by another hair-raising 350k, knocking workforce participation down to 62.4 percent.

job-fair-sign-AP

24,914,000 Foreign-Born People Employed In U.S.

The number of foreign-born people employed in the U.S. increased last month, representing a figure more than three times higher than the number of unemployed native-born Americans, according to data released Friday by the Bureau of Labor Statistics.

Recruiters wait to meet with job seekers during a HireLive career fair on June 4, 2015 in

Record 94,031,000 People Not In Labor Force

The number of people not in the labor force exceeded 94 million for the first time, hitting another record high in August, according to new jobs data released Friday by the Bureau of Labor Statistics.

AP Photo/Paul Sakuma

Jackson Hole Fed Summit: A Failing Long Term Fed Report Card

From its founding until the beginning of the 20th century, the United States went from a non-economy to being the world’s largest and wealthiest economy. It achieved this feat on the gold standard mostly, with no central bank, (except for 36 years), and with little or no central planning.

Gold AP

24,710,000 Foreign-Born People Employed In U.S.

The number of foreign-born people employed in the U.S. dipped slightly in July but remained about three times higher than the number of unemployed native-born Americans, according to data released Friday by the Bureau of Labor Statistics.

The Associated Press

New Report: EU Membership Increases Unemployment

Unemployment has been significantly higher in EU countries than in comparable independent nations since long before the financial crisis, according to a new report. The analysis by sociologist Michael Burrage for think tank Civitas shows that throughout the past two

Union Of Unemployed Workers Protests Cut In Unemployment Benefits In Oakland

Sanders: ‘Real Unemployment’ Is Actually Over 10%

Democratic presidential candidate Bernie Sanders claimed that the “real unemployment” rate is actually 10.5%, almost double the official government figure of 5.3%, during a speech in Portland, ME on Monday. Sanders said, “When you talk about the economy we also

Tom Williams/CQ Roll Call/AP

Bernie Sanders Focuses on Minority Youth Unemployment

Presidential hopeful Sen. Bernie Sanders (I-VT) said youth unemployment is a “national tragedy,” and “It is beyond comprehension that we, as a nation, have not focused attention on the fact that millions of young people are unable to find work and begin their careers in a productive economy.”

Tom Williams/CQ Roll Call/AP

May Jobs Report: Liberals Suddenly Rediscover the ‘Workforce’ Concept

After years of resolutely ignoring workforce decline – claiming every downward tick in the nominal unemployment rate was pure, undiluted joyous news, even though most of those ticks occurred because hundreds of thousands of people were giving up and dropping out of the workforce entirely – liberals are falling all over themselves to bang out Tweets and blog posts explaining how it’s a good thing that same nominal unemployment rate just ticked up.

The Associated Press

Jerry Brown Sending Checks to Poor During 2016 Presidential Primaries

Long-shot presidential candidate Governor Jerry Brown offered to have California tax-payers double the federal Earned Income Tax Credit for many Californians this week. Though the credit is considered by the IRS Inspector General to have an “improper payment rate” of 22 to 26 percent, Brown wants to give away an additional $380 million in state funds to deflect what Breitbart News has reported as the fact that “California might be 7th Largest Economy, but is 1st in Poverty.”

Jerry Brown (Rich Pedroncelli : Associated Press)

The Science Is Settled: Welfare Discourages Work

The practical and spiritual benefits of work and independence are undervalued in America today. It is better for the economy, and for the heart and soul of the individual, to work for $8 an hour than to be paid $12 an hour by the government to do nothing.

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