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Total nonfarm payroll employment rose by 165,000 in April, and the unemployment rate was little changed at 7.5%, the U.S. Bureau of Labor Statistics reported Friday, May 3, 2013. Employment increased in professional and business services, food services and drinking places, retail trade, and health care. The unemployment rate, at 7.5%, was changed little in […]
Continue reading …From The Conference Board– Will the Euro Area unemployment rate rise to another record high? One of the more important factors that are hindering the recovery in the Euro Area is the lack of available of capital for lending. Labor markets would benefit from higher investment levels, as unemployment is still at record highs in Europe […]
Continue reading …By DEAN BAKER— Did an Excel error cost you your job? This is what people around the world should be asking after researchers at the University of Massachusetts uncovered a serious calculation mistake. The mistake was in an enormously influential paper by Carmen Reinhart and Ken Rogoff, two prominent economists, which purports to show that high levels […]
Continue reading …Disabled Americans are less likely to be employed than individuals without disabilities. Disabled Americans who are employed typically have jobs with low pay and also earned less than their colleagues with no disability, according to the U.S. Census Bureau’s American Community Survey. More than half of disabled American workers, 52%, earned less than $25,000 in […]
Continue reading …Guy Ryder, ILO Director-General OSLO – In a move to restore confidence in jobs and growth in Europe, the 9th European Regional Meeting of the International Labour Organization (ILO) adopted the Oslo Declaration. The Declaration which strengthens the role of the ILO in Europe and Central Asia is set to help countries affected by the crisis to overcome […]
Continue reading …Global Employment Trends 2013: Facts And Figures On Unemployment, Jobs, Pay The number of unemployed workers worldwide rose by 4.2 million in 2012 to more than 197 million, a 5.9% unemployment rate. Some 39 million workers worldwide have dropped out of the employment market. The number of people seeking employment is expected to rise to […]
Continue reading …ILO News, OSLO – The 9th European Regional Meeting of the International Labour Organization (ILO) opened in Oslo with an urgent call for effective employment and social policies that can achieve growth and competitiveness with good jobs. “The crisis in Europe is dramatic. A financial crisis has turned into a jobs crisis,” said. “In some countries there […]
Continue reading …Employment Trends Index Still Signaling Moderate Job Growth The Conference Board Employment Trends Index declined in March. The index now stands at 111.20, down from 111.43 (an upward revision) in February. The March figure is 3.7% higher than a year ago. “Despite the decline in March, the Employment Trends index is still signaling moderate job growth […]
Continue reading …Online Labor Demand drops 158,000 in March Labor demand down 77,000 in Q1 of 2013 Q1’13 decline follows three years of strong Q1 growth since the end of the recession March is mixed with drops in Healthcare, Sales, and Office workers outstripping increases in Management, Business, and Computer workers Download the National Historical Table. Online […]
Continue reading …Disappointingly Slow Labor Demand Even Before Sequester Really Kicks In The labor market had some reasonable momentum during the past several months, but with just 88,000 job gains in March, once again we see a disappointing seasonal slowdown unfold as we head into spring. What is even more troubling about the most recent slowdown is […]
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