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December 2013 – Making Sense of the Unemployment Numbers

First the good news – the unemployment rate for individuals with a college education or higher dropped to 3.3% vs 4.0% (Dec 2012). And the labor participation rate for workers with some college education actually increased vs the general population.[...]

July 2013 Employment Picture

Overall July 2013 was a mixed month for the employment picture. 162,000 Jobs were created during the month and the unemployment rate now stands @ 7.4%. There are still over 11.5 million unemployed workers in the U.S. And many of[...]

November 2012 – 7.7% Unemployment

The November 2012 unemployment numbers were released today to much excitement. In spite of Hurricane Sandy and the gloom and doom of Fiscal Cliff discussions, 147,000 jobs were created. An early Thanksgiving Holiday with retail hiring helped as well as auto[...]

October 2012 was a great month for jobs- over 171,000 were added to payrolls.

Jobs were added in a number of categories with retail and construction leading the way. Healthcare was also strong – +36,000 jobs and 28,000 in hospitality. And even more important for our economy, more people are re-entering the job market. [...]

The Unemployment Picture – September 2012

For the first time in over 4 years, the unemployment number dropped below 8% – more than 114,000 jobs were added and the rate is now 7.8%. Healthcare added 44,000 jobs, financial services +13,000 and the rate for college educated[...]

Employment June 2012 – Positive Signs for the Economy

The Unemployment figures for June 2012 were released today and the overall rate remained unchanged @ 8.2%. However the rate for college graduates is now 4.1% down from 4.4% in June 2011. Professional services added 47,000 jobs in June 2012[...]

The U.S. Jobs Market – The Ups and Downs and Real Numbers

Unemployment figures were released on Friday (5/4/2012) for April 2012 and the market fell as well as the moods of many economists. However the real story behind the numbers is more complex. The overall unemployment number for April 2012 is 8.1%[...]

227,000 new jobs created February 2012

February 2012 was another good month for jobs – over 227,000 were created and the unemployment rate remained @ 8.3%. Manufacturing added 31,000 jobs in February 2012 – and since this same time last year over 227,000 more jobs in[...]

Unemployment Drops to 8.3% – 243,000 Jobs Added

Although it seems like the longest recession on record, the economy has been improving and over 2 million jobs have been added since the layoffs began. January 2012 unemployment figures were just released and over 243,000 jobs were added and the unemployment[...]

July Jobs Report Better Than Anticipated

The stock market continues to drop, lay-offs are increasing and there is a general mood of gloom and doom at least on the TV Talk Shows. However ADP (payroll service) reported over 114,000 people were added to payroll in July[...]