| Submit your comments on this article |
| Economy |
| Latest USA Employment Report Suggests Cooling Economy but no collapse |
| 2024-07-06 |
| [BLS.gov] Total nonfarm payroll employment increased by 206,000 in June, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in government, health care, social assistance, and construction...The number of long-term unemployed (those jobless for 27 weeks or more) rose by 166,000 to 1.5 million in June. This measure is up from 1.1 million a year earlier....The change in total nonfarm payroll employment for April was revised down by 57,000, from +165,000 to +108,000, and the change for May was revised down by 54,000, from +272,000 to +218,000. With these revisions, employment in April and May combined is 111,000 lower than previously reported. ---------------- there are about 160M employed; there are about 8M people holding multiple jobs; also calculating unemployment by including discouraged potential employees would bring the rate to about 4.9%; including people working part time who would rather work full time would bring it to 7.4% |
| Posted by:Lord Garth |
| #3 NN undoubtedly there are some illegal immigrants counted in the employer reports especially in business like landscaping, hospitality and unskilled healthcare it would be difficult to estimate how many because the companies that employ them are breaking the law and have to pretend (and maybe believe) that they are legal immigrants |
| Posted by: Lord Garth 2024-07-06 21:54 |
| #2 In an article about the NS RR after Palestine, the article remarked, 'and traffic is still off with no sign of improving'. Supposedly, that's a leading economic indicator. |
| Posted by: Bobby 2024-07-06 12:23 |
| #1 Given the illegal occupants of the WH, the liberalized media and DC Swampers. Any Gov. data that is released, requires deeper investigation. If only to arrive at what is being hidden from the US Citizens. BTW: Question: Were the 8+ million adult Illegal immigrants that are stealing US Jobs counted in these numbers? |
| Posted by: NN2N1 2024-07-06 04:58 |