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Tag: jobs report

White House News: September Jobs Report Shows American Grit
Politics

White House News: September Jobs Report Shows American Grit

Washington, DC (STL.News) The White House released the following statement regarding the monthly employment situation report: This morning, the Bureau of Labor Statistics released its monthly employment situation report.  In September, the United States added 661,000 jobs, and the unemployment rate fell to 7.9 percent. In the last five months, 52 percent of the job losses from the pandemic have been recovered, and the United States has gained more than 11.4 million jobs, including a combined upward revision in July and August of 145,000 jobs.  Although this year has not been easy, the grit of the American worker has not wavered, and we are in the midst of the fastest economic recovery in American history. Since the recovery began in May, job gains have been concentrated in low-earning i...
US Department of Labor Jobs Report for June 2020
Business

US Department of Labor Jobs Report for June 2020

Better Than Expected Jobs Report for Month Ending June 2020 Washington, DC (STL.News) In the week ending June 27, the advance figure for seasonally adjusted initial claims was 1,427,000, a decrease of 55,000 from the previous week's revised level.  The previous week's level was revised up by 2,000 from 1,480,000 to 1,482,000.  The 4-week moving average was 1,503,750, a decrease of 117,500 from the previous week's revised average.  The previous week's average was revised up by 500 from 1,620,750 to 1,621,250. NOTE: this is NOT the complete report. CLICK to VIEW COMPLETE REPORT
Statement by US Secretary of Labor Eugene Scalia on December Jobs Report
Politics

Statement by US Secretary of Labor Eugene Scalia on December Jobs Report

This is the 22nd consecutive month that of the unemployment rate being at or below 4% WASHINGTON, DC (STL.News) U.S. Secretary of Labor Eugene Scalia issued the following statement on the December 2019 Employment Situation Report: “The effects of tax cuts and deregulation led to a strong close of 2019. The unemployment rate remained at the 50-year low level of 3.5%.  This is the 22nd consecutive month of the unemployment rate being at or below 4%. U-6, the broadest measure of unemployment and underemployment, set a record low in December. “In 2019, the American economy saw record low unemployment rates for many groups, including African Americans, Hispanic Americans, Asian Americans, Americans with less than a high school diploma, and Americans with disabilities. “The December report sh...