Based on the headlines I've read recently, the news is good on the unemployment front. According to the U.S. Bureau of Labor Statistics' most recent summary report, the unemployment rate has dropped to 5.8 percent -- the lowest it has been since 2008. Show More Summary
Andrew Burton/Getty ImagesDinner at a New Jersey soup kitchen. Happy days are here again! (Or are they?) For the third month in a row, America's unemployment rate remained below 6 percent, according to this month's Bureau of Labor Statistics report on November jobs data. Show More Summary
By Micheal Saltsman, reviewjournal.com Christmas has come early this year for young adults seeking a holiday job, with new data from the Bureau of Labor Statistics showing that retailers went on a 430,000-job hiring spree (on a seasonally-unadjusted basis) during the month of November.
The Bureau of Labor Statistics said that the consumer price index (CPI) decreased by 0.3 percent in November. More importantly,Read the Rest...
Tomato prices went nuts in November. The price of tomatoes saw a huge 10.4% seasonally adjusted month-over-month increase in October, up from a 4.6% increase in September. This is according to the Bureau of Labor Statistics' just-released...Show More Summary
From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.3 percent in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items indexShow More Summary
TaxProf Blog op-ed: More on the 2016 New Lawyer Job Projections, by Theodore P. Seto (Loyola-L.A.): On Dec. 10, Matt Leichter published a response to my TaxProf Blog op-ed of Nov. 19 analyzing new Bureau of Labor Statistics projections of the likely demand for lawyers over the next several years....
The NYT's Upshot section ran a major piece headlined "as robots grow smarter, American workers struggle to keep up." The gist of the piece is that robots are rapidly replacing workers, leading to a lack of jobs. The piece focuses on the drop in employment in the last decade, which it attributes to the spread of robotization and computer technology. Show More Summary
The computer science industry is booming right now. The average salary for computer programmers just hit an all time high, and the demand for developer jobs is extremely high. In fact, the Bureau of Labor Statistics predicts that this demand will grow by 22% by 2022, which is above average. Show More Summary
After the Bureau of Labor Statistics released its monthly report on Friday, the headlines virtually screamed out that not only had the economy created 321,000 jobs, but that wages had
A report on projected job growth from the Bureau of Labor Statistics should have college students and the currently unemployed concerned. Find out why.
The Bureau of Labor Statistics said that producer prices for final demand goods and services declined 0.2 percent in November.Read the Rest...
More bull from the Obama-friendly Bureau of Labor Statistics?
The Bureau of Labor Statistics said that manufacturing job openings eased slightly, down from 293,000 in September to 290,000 inRead the Rest...
From the BLS: Job Openings and Labor Turnover Summary There were 4.8 million job openings on the last business day of October, little changed from 4.7 million in September, the U.S. Bureau of Labor Statistics reported today.......Quits are generally voluntary separations initiated by the employee. Show More Summary
Cotton production involves the most child labor and forced labor in the world, according to the 2014 “List of Goods Produced by Child Labor or Forced Labor” by the U.S. Labor Department’s Bureau of International Labor Affairs. Overall, 126 goods are produced annually by child labor and 55 goods produced through forced labor. Most of […]
The economy added 321,000 jobs in November—a big jump from October’s 214,000—and the unemployment rate was unchanged at 5.8%, according to figures released this morning by the U.S. Bureau of Labor Statistics. Over the year, the unemployment rate has dropped by 1.2 percentage points and the number of jobless workers has decreased by 1.7 million. But even with […]
I hate being a jobs-report skeptic. I give the Bureau of Labor Statistics a great deal of credit for putting together an incredibly complicated statistic model of the job market every month. They really should be given three months to...Show More Summary
Okay boys and girls, today we learn about the erratic pattern of wage data. Ideally the Bureau of Labor Statistics (BLS) would tell us exactly how much hourly wages rose each month. Unfortunately, BLS doesn't have that ability. It has...Show More Summary
Talk about a good news Friday. Today the Bureau of Labor Statistics reported that our economy added 321,000 jobs in November. That's 57 consecutive months we've added jobs -- the longest employment growth streak since America started...Show More Summary