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Showing posts with label US Labor Department. Show all posts
Showing posts with label US Labor Department. Show all posts

6/22/17

USA: There are Trump's claims about jobs. And then there are the numbers - by Chris Isidore

"We've ended the war on clean beautiful coal. And we're putting our miners back to work," he said. "Last week a brand new coal mine just opened in the state of Pennsylvania. First time in decades. Decades. We've reversed it. And 33,000 mining jobs have been added since my inauguration."
"We've ended the war on clean beautiful coal. And we're putting our miners back to work," he said. "Last week a brand new coal mine just opened in the state of Pennsylvania. First time in decades. Decades. We've reversed it. And 33,000 mining jobs have been added since my inauguration."
"We've ended the war on clean beautiful coal. And we're putting our miners back to work," he said. "Last week a brand new coal mine just opened in the state of Pennsylvania. First time in decades. Decades. We've reversed it. And 33,000 mining jobs have been added since my inauguration."
"We've ended the war on clean beautiful coal. And we're putting our miners back to work," he said. "Last week a brand new coal mine just opened in the state of Pennsylvania. First time in decades. Decades. We've reversed it. And 33,000 mining jobs have been added since my inauguration."

Trump has regularly claimed that the United States has added more jobs during his tenure than it actually has.

On June 1 he claimed that there had been "more than 1 million private sector jobs" created since he took office. His chief economic adviser Gary Cohn explained he was using an estimate from payroll service ADP, which said 1.2 million jobs were added from January through May.

But that figure is questionable for a couple of reasons. First, it includes January, when President Obama was in office for most of the month. Without January the number of jobs added slips to under 1 million.

Read more: There are Trump's claims about jobs. And then there are the numbers - Jun. 22, 2017

3/8/13

US Economy: Unemployment at 4-Year-Low as U.S. Hiring Gains Steam - by Nelson Schwartz

The American economy created jobs at a faster pace in February, adding 236,000 positions, the Labor Department reported Friday.

The unemployment rate was 7.7 percent, the lowest since December 2008, compared with 7.9 percent in January. Economists had been expecting the economy to add 165,000 jobs in February, with no movement in the rate. 

After peaking at 10 percent in October 2009, the unemployment rate fell steadily for three years but has been stuck at just below 8 percent since last September. 

The latest unemployment report comes amid concerns that federal budget cuts set in motion by a Congressional impasse could increase the ranks of the jobless in the months ahead.

Read more: Unemployment at 4-Year-Low as U.S. Hiring Gains Steam - NYTimes.com