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What Does the Unemployment Data for June Really Say About Jobs?
Source: Thinkstock On Thursday, the Bureau of Labor Statistics (aka the BLS) released the always anticipated unemployment data for June. Investors were pleasantly surprised to learn that the American...
View ArticleYour Cheat Sheet to This Week in the Economy: Jobs, GDP, and More
It was a crazy week for the U.S. economy, to put it lightly. More than a dozen major economic indicators were reported, and while the data were largely positive there were a few red flags. In a...
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How Healthcare Is Strangling the U.S. Economy
(Photo by Bill Pugliano/Getty Images) For most of our history, Americans have made stuff. For example, in 1776, when the United States declared itself independent, we made food — as much as 90 percent...
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Labor Market Diagnosis: The Underemployed States of America
Source: http://www.flickr.com/photos/44313045@N08/ The total number of employed adults in the United States was unchanged in November, according to a December 5 report from Gallup. Gallup calculated a...
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How Many Americans Actually Have Full-Time Work?
Source: http://www.flickr.com/photos/kentuckyunemployment/ The percentage of the U.S. population that had full-time work declined in December, according to a report released by Gallup on Thursday....
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The Fed Wants Out, But Is the Labor Market Ready?
Source: http://www.flickr.com/photos/zieak/ The taper has finally come, and if you ask economists, that means the end is nigh for quantitative easing. Speaking with Tom Keene on “Bloomberg...
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Fewer and Fewer Americans Have Full-Time Work
Labor market data have been anything but clear recently. According to the Bureau of Labor Statistics, the headline unemployment rate in the United States fell to 6.7 percent in December, down 0.3...
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As Yellen Said: Jobs Recovery Is Far From Complete
Ticking up 14,000 to 348,000, initial applications for unemployment benefits rose to a one-month high in the week ended February 22, according to data released by the Department of Labor’s Bureau of...
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Here’s What the Headline Unemployment Rate Is Hiding
Source: http://www.flickr.com/photos/44313045@N08/ The headline unemployment rate, intended to provide a snapshot of the health of the labor market, has become increasingly misleading over the past...
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Job Market Inches Forward, GDP Falls: Where Is Economic Growth Headed?
Source: Thinkstock Together, the two major economic reports released by the federal government Thursday — the Department of Commerce’s revised estimate of first-quarter gross domestic product growth...
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