Since last summer, the government has consistently underestimated job growth in its first report. That may indicate that today’s report of a February gain of 227,000 jobs is also an understatement.
Category: Unemployment
Comparing Recessions and Recoveries: Job Changes
The Labor Department reported a net gain of 227,000 jobs for February and revised job growth upward for the preceding two months, illustrating just how deep a hole was left by the recession.
Comparing Recessions and Recoveries: Job Changes
The Labor Department reported a net gain of 227,000 jobs for February and revised job growth upward for the preceding two months, illustrating just how deep a hole was left by the recession.
Mean-Spirited, Bad Economics
Punishing the long-term unemployed by refusing to extend benefits is bad economics and cruel social policy, an economist writes.
New White House Forecast on Jobless
Advisers to President Obama now project that the economy will create two million jobs this year, reducing the unemployment rate to about 8 percent by year’s end.
Comparing Recessions and Recoveries: Job Changes
A look at how far the United States economy has to go before it fully recovers from the Great Recession.
Wow. But Is the Number Real?
This is a recovery led by the private sector. And while seasonal adjustments may have made January look better than it really was, job growth appears strong.
What’s at Stake in Friday’s Jobs Report
The economic pie is growing, but the share going to American workers is at an all-time low. Friday’s jobs report will help determine whether American workers will finally start getting a bigger cut.
Economists Take Solace (but Only a Little) in Jobs Report
Economists said the latest jobs numbers were moderately encouraging, although some of them warned not to get carried away with the results of any single month — especially December.
Under Obama, a Record Decline in Government Jobs
The loss of public sector jobs has been greater in the first three years of the Obama administration than even under Ronald Reagan.