The Department of Commerce reported this morning:[T]otal January exports of $192.5 billion and imports of $231.6 billion resulted in a goods and services deficit of $39.1 billion, up from $39.0 billion in December, revised. January exports were $1.2 billion more than December exports of $191.3 billion. Show More Summary
The job market may have reached a turning point in February when for the first time in nearly four years more of the unemployed found jobs than dropped out of the labor force, but the percent of the population working or looking for work remains near a 30-year low.
Real wage gains for middle- and low-wage workers has been sorely lacking and is precisely what we should be seeing more of as this thus far sluggish recovery hopefully gains momentum, writes an economist.
The wicked winter’s effect on hiring remains unclear, but the unusually cold and snowy weather almost certainly prevented existing employees from working, according to Friday’s jobs report. And that trend could put economic growth on ice.
A New York woman’s decision to not throw away but instead focus on the numbers tucked inside her fortune cookie earned her a $2 million payday. Emma Duvoll, 75, of the Bronx, used the numbers printed on the back of her fortune slip as Powerball...
Dean Baker on the jobs report for February: Economy Adds 175,000 Jobs in February, Despite Bad Weather: Unemployment in construction is lower than in the pre-boom years. The establishment survey showed the economy added 175,000 jobs in February, in spite...
The number of government workers in February was down from a year earlier. That has been true every month since the summer of 2009.
Initial Reaction Nonfarm Payrolls rose by 175,000 vs. a Bloomberg consensus expectation of 150,000.The employment change for December 2013 was revised up by 9,000 (from +75,000 to +84,000), and the employment change for January 2014 was revised up by 16,000 (from +113,000 to +129,000). Show More Summary
Whether the February jobs report is good news or bad news depends on your own predilection for optimism or pessimism.
Investors were encouraged by news from the Labor Department that employers added 175,000 jobs in February
The employment rate for men has rebounded from its recession low, but is not even halfway back to its 2008 level.
Survey finds that nearly two-thirds of job hunters say they need to improve their basic reading, writing or arithmetic skills
The U.S. unemployment rate ticked up to 6.7% but a broader measure of joblessness actually fell 0.1 percentage point to 12.6%, offering a hint of positive news.
The U.S. economy added 175,000 jobs in February despite winter weather that kept many workers at home.
Over at [Equitable Growth](http://EquitableGrowth.org)--[The Equitablog](http://equitablegrowth.org/blog): Morning Must Read: Keith Humphreys: Dear Bill Keller, Please Start Taking Drug Addiction Treatment Seriously This Is Not a Better...Show More Summary
First, a milestone for next month: Private payroll employment increased 162 thousand in February and private employment is now just 129 thousand below the previous peak (total employment is still 666 thousand below the peak in January 2008). Show More Summary
About that brown bag.
Too low and not rising means wait.
We're mostly not right.
Hiring picked up in February, easing concerns that the U.S. economy is headed for another slump