unemployment rate

US jobs report likely to show more steady hiring in February

WASHINGTON (AP) — U.S. employers are thought to have extended their streak of hiring in February even as the overall economy is showing signs of slowing. On Friday, the government is expected to report that the economy added 182,000 jobs last month, down from a blockbuster gain of 304,000 in January, according to data provider … Continue reading US jobs report likely to show more steady hiring in February

Trump assails Fed as the ‘only problem our economy has’

President Donald Trump lashed out at the Federal Reserve on Monday after administration officials spent the weekend trying to assure the public and financial markets that Jerome Powell’s job as Fed chairman was safe. “The only problem our economy has is the Fed,” the president tweeted Monday. “They don’t have a feel for the Market, … Continue reading Trump assails Fed as the ‘only problem our economy has’

WASHINGTON | US economy grew at brisk 3.5 pct. annual rate last quarter

WASHINGTON— The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce Department’s figure for gross domestic product, released Wednesday, was the same as its first estimate last month. GDP is the broadest measure … Continue reading WASHINGTON | US economy grew at brisk 3.5 pct. annual rate last quarter

LONDON | EU workers leave UK in record numbers as Brexit looms

LONDON — Brexit is already having an impact on Britain’s labor market, with the number of people from the European Union working in the country falling by a record amount. The Office for National Statistics said Tuesday the number of EU nationals working in Britain fell by 132,000 in the three months to September compared … Continue reading LONDON | EU workers leave UK in record numbers as Brexit looms

WASHINGTON | US wholesale prices jump 0.6 percent, most in 6 years

WASHINGTON— U.S. wholesale prices rose by the most in six years last month, led higher by more expensive gas, food, and chemicals. The Labor Department said Friday that the producer price index — which measures price increases before they reach the consumer — leapt 0.6 percent in October, after a smaller 0.2 percent rise in … Continue reading WASHINGTON | US wholesale prices jump 0.6 percent, most in 6 years

WASHINGTON | Survey: US companies add a robust 227,000 jobs in October

WASHINGTON— U.S. companies added 227,000 jobs in October, according to a private survey, a healthy gain that suggests companies are still finding workers to hire even as the unemployment rate has fallen to a 49-year low. Payroll processor ADP said Wednesday that employers added jobs in manufacturing, retail, and professional services such as engineering. October’s … Continue reading WASHINGTON | Survey: US companies add a robust 227,000 jobs in October

WASHINGTON | Trump attacks union leader on Labor Day

WASHINGTON — President Donald Trump is starting his Labor Day with an attack on a top union leader. Trump tweeted Monday that AFL-CIO President Richard Trumka “represented his union poorly on television this weekend.” He added: “it is easy to see why unions are doing so poorly. A Dem!” Trumka appeared on “Fox News Sunday,” … Continue reading WASHINGTON | Trump attacks union leader on Labor Day

Florida News: Governor Scott – Florida’s Unemployment Rate Lowest in Over a Decade

Nearly 1.6 million jobs created since December 2010 TALLAHASSEE, FL – Friday, Florida Governor Rick Scott announced that Florida’s unemployment rate dropped to 3.7 percent – the lowest since April 2007 as Florida business have now created 1,595,000 jobs since December 2010.  In July, business created 26,300 private-sector jobs.  The Governor announced Florida’s employment numbers … Continue reading Florida News: Governor Scott – Florida’s Unemployment Rate Lowest in Over a Decade

JEFFERSON CITY, Mo. | Missouri deciding on right-to-work law curbing union power

JEFFERSON CITY, Mo.  — Missouri voters were deciding Tuesday whether to implement a right-to-work law limiting labor union powers that had been passed more than a year ago by Republican state officials but placed on hold when labor groups petitioned to force a public referendum. If voters consent, Missouri would become the 28th state outlawing … Continue reading JEFFERSON CITY, Mo. | Missouri deciding on right-to-work law curbing union power

WASHINGTON | US employers add 157,000 jobs, jobless rate hits 3.9 pct.

WASHINGTON — U.S. employers slowed their hiring in July, adding 157,000 jobs, a solid gain but below the healthy pace in the first half of this year. The unemployment rate ticked down to 3.9 percent from 4 percent, the Labor Department said Friday. That’s near an 18-year low of 3.8 percent reached in May. Employers … Continue reading WASHINGTON | US employers add 157,000 jobs, jobless rate hits 3.9 pct.

UCLA Anderson Forecast Sees Economy Moving Ahead ― For Now

LOS ANGELES/ June 13, 2018 (STLRealEstate.News) — Note: With this second quarter economic report for 2018, the UCLA Anderson Forecast introduces a new report, providing analysis and perspective on the outlook for the world’s two largest economies, the United States and China. The Cathay Bank/UCLA Anderson Forecast U.S.-China Economic Report will be published quarterly in … Continue reading UCLA Anderson Forecast Sees Economy Moving Ahead ― For Now

Virginia News: Virginia Governor Northam Announces Virginia’s Unemployment Drops to Lowest Rate in Over a Decade

RICHMOND, VA — Virginia Governor Ralph Northam today announced that Virginia’s seasonally adjusted unemployment rate was down 0.1 percentage point in April to 3.3 percent and was down 0.5 percentage point from a year ago.  April’s seasonally adjusted unemployment rate of 3.3 percent is the lowest rate since the December 2007 rate of 3.3 percent.  … Continue reading Virginia News: Virginia Governor Northam Announces Virginia’s Unemployment Drops to Lowest Rate in Over a Decade

WASHINGTON | Trump says rapper Kanye West has ‘good taste’ for liking him

WASHINGTON (AP) — President Donald Trump is praising Kanye West, saying the rapper has “good taste” because he supports Trump. Trump says in an interview with “Fox & Friends” that West has “good taste” and sees the decline in unemployment rate among black and Hispanic Americans. Trump says, “He’s smart. He says, ‘You know what, … Continue reading WASHINGTON | Trump says rapper Kanye West has ‘good taste’ for liking him

Iowa’s unemployment rate drops – again – in December 2017

Iowa’s unemployment is tied with Vermont for 5th lowest unemployment rate in the country DES MOINES, IA (STL.News) Iowa’s unemployment rate dropped to 2.8 percent in December, according to new Iowa Workforce Development numbers released on Tuesday.  That number is down from 3.5 percent one year ago.  It’s also down from 2.9 percent in November. … Continue reading Iowa’s unemployment rate drops – again – in December 2017

Another solid month of hiring likely in December jobs report

WASHINGTON/January 05, 2018 (AP)(STL.News) —U.S. businesses likely closed out 2017 with a strong month of hiring fueled by growing optimism among companies about the economy’s momentum. Economists have forecast that employers added 189,000 jobs in December, according to a survey by data provider FactSet. The unemployment rate is projected to remain 4.1 percent, the lowest level since … Continue reading Another solid month of hiring likely in December jobs report

Talent Shortages Forcing Employers To Change Hiring Tactics

MENLO PARK, Calif./ Jan. 3, 2018 (STL.NEWS) — With the unemployment rate for college-educated workers at around 2%, employers are finding it difficult to recruit top talent in many professional occupations. In a recent survey from global staffing firm Robert Half, 65% of CFOs said it is at least somewhat challenging to identify skilled workers for current … Continue reading Talent Shortages Forcing Employers To Change Hiring Tactics

Germany ended 2017 with record high employment

FRANKFURT, Germany/January 03, 2018 (AP)(STL.News)—The number of jobless people in Germany fell by 183,000 in December compared with a year earlier and the country finished the year with a record 44.3 million people in work. The unemployment rate remained unchanged from the month before at 5.3 percent according to Germany’s national jobs agency. Some 2.385 million … Continue reading Germany ended 2017 with record high employment

Decade since recession: Thriving cities leave others behind

December 14, 2017 (AP)(StlRealEstate.News) – As the nation’s economy was still reeling from the body blow of the Great Recession, Seattle’s was about to take off. In 2010, Amazon opened a headquarters in the little-known South Lake Union district — and then expanded eight-fold over the next seven years to fill 36 buildings. Everywhere you … Continue reading Decade since recession: Thriving cities leave others behind

St. Louis unemployment increases to 3.8 percent

ST. LOUIS, MO/October 1, 2017 (STLRealEstate.News) Don’t let the headline be misleading, though St. Louis unemployment is slightly up compared to the last few months, it’s still close to the lowest levels of this century.  This past August, St. Louis’ unemployment rate ticked higher, up to 3.8 percent from the rates of 3.6 and 3.7 … Continue reading St. Louis unemployment increases to 3.8 percent