User: newstrust Topic: US Economy
Category: Jobs
Last updated: Jul 02 2015 22:41 IST RSS 2.0
 
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After trade deal, Obama in Wisconsin today to repair rift with labor 2.7.2015 Chicago Tribune: Nation
After the push for trade legislation ruptured relations between the White House and organized labor, President Barack Obama is embarking on something of a repair ...
For June, A Jobs Report That Basically Reads As ‘Meh’ 2.7.2015 Outside the Beltway
The June Jobs Report was okay, but it certainly doesn't inspire much confidence.
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4 percent unemployment might be the new 5 percent unemployment 2.7.2015 Ezra Klein
The economy is adding a lot of jobs, but still needs to add a lot more. That's the simple message of the latest jobs report, which was good, but not quite as good as the headline numbers suggest. Now, if you're a glass-half-full kind of person, you'd point out that the economy added 223,000 jobs ...
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Scott Walker takes a new tone on marriage equality 2.7.2015 Daily Kos
Gov. Scott Walker (R-WI) Wisconsin Gov. Scott Walker is expected to officially announce his presidential run on July 13. But his months of active, if unofficial, campaigning have revealed significant weaknesses even as he leads in Iowa caucus polling. Walker has drawn criticism for changing positions on issues including immigration reform and ethanol subsidies. Now add to that a shift in his response to court decisions on marriage equality. When marriage equality came to Wisconsin, courtesy of the courts, Walker said "For us, it's over in Wisconsin." But that was back when he was facing a Democrat in Wisconsin. These days, he's facing other Republicans and he's focusing on Iowa, and: His response to the Supreme Court’s decision legalizing same-sex marriage most emphatically demonstrated his sharp shift to the right: Mr. Walker called the court’s ruling “a grave mistake” and reiterated his call for a constitutional amendment that would allow states to ban same-sex marriage. It sent a clear message to ...
Bernie gains on Hillary in Iowa 2.7.2015 Daily Kos
Sen. Bernie Sanders is gaining ground fast on Hillary Clinton in Iowa, doubling his numbers in a couple months, according to a new Quinnipiac poll . Clinton still has a healthy lead on Sanders at 52-33, but it's a much tighter race than it was in early May at 60-15. "Secretary Hillary Clinton should not be biting her fingernails over her situation in the Iowa caucus, but her lead is slipping and Sen. Bernie Sanders is making progress against her. Her 52 percent score among likely caucus-goers is still OK, but this is the first time she has been below 60 percent in Quinnipiac University's Iowa survey," said Peter A. Brown, assistant director of the Quinnipiac University Poll. Brown pointed out that Iowa Democratic caucus-goers actually skew more liberal than typical Democratic primary voters in other states, which is helping Sanders in the Hawkeye State. He also said that Clinton's negatives had not substantially increased among Democratic voters overall, despite the press obsession with her emails. "The ...
The unemployment rate is the ‘Big Lie’ 2.7.2015 Minnesota Public Radio: Law & Justice
The unemployment rate released every month by the Labor Department is mostly a crock. So why do we still care what it shows?
Government reports 223,000 new jobs created in June. Official unemployment rate falls to 5.3% 2.7.2015 Daily Kos
The federal government reported Thursday that the United States completed its 57th consecutive month of job growth in June, the 64th consecutive month of private sector job growth. According to the Bureau of Labor Statistics, the economy created 223,000 new, seasonally adjusted, private non-farm jobs in June. Government added no new jobs. The count includes both full- and part-time jobs. Wages were flat. The BLS notes that the "monthly change in total nonfarm employment from the establishment survey is on the order of plus or minus 90,000." That means the "real" number of new jobs created in June wasn't 223,000 but somewhere in a range between 133,000 and 313,000. That range illustrates why every month's BLS revisions of the two previous months can be so large. The bureau found that job growth in the previous two months was 60,000 less than previously counted as it revised April's previous count of new jobs from 221,000 to 187,000 and May's from 280,000 to 254,000. That puts the monthly average for the ...
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Cartoon: The true history of the Confederate flag 2.7.2015 Daily Kos
FOLLOW @RubenBolling on Twitter and Facebook . And FURTHER, please join the Tom the Dancing Bug's subscription club, the INNER HIVE for advance access to comics and more ...
What does it say that Donald Trump talks trash about immigrants and rises in Republican polls? 2.7.2015 Daily Kos
Donald Trump places second in CNN's most recent national Republican primary poll, second in the two most recent polls of New Hampshire , and tied for second in the most recent Iowa poll . As things now stand, he should have no trouble getting onstage in the first Republican primary debate in August, he's drawing intensive media coverage ... and Democrats are looking at him as a gift while Republicans panic . After all, his new popularity in the polls has come right alongside a series of racist tirades that have led companies like NBC and Macy's to break off ties with him. To say nothing of how immigrant communities feel about his repeated insistence that immigrants are rapists and drug dealers . Democrats like Hillary Clinton are ready to draw strong contrasts : “Recently a Republican candidate for president described immigrants as drug dealers, rapists and criminals,” Clinton told a raucous rally in Northern Virginia last week. “Maybe he’s never met them. Maybe he’s never stopped to ask the millions of ...
U.S. employers add 223K jobs; jobless rate falls to 5.3 percent 2.7.2015 Minnesota Public Radio: Law & Justice
For the first five months of 2015, monthly job growth averaged 217,000, a healthy streak that has been steadily absorbing the unemployed as well as part-time workers looking for more hours.
Employers add 223,000 jobs; jobless rate falls to 5.3% 2.7.2015 Chicago Tribune: Business
U.S. employers added a solid 223,000 jobs in June, and the unemployment rate fell to 5.3 percent, a seven-year low. The numbers reflect a job market moving close to full health and raise expectations that the Federal Reserve will start raising interest rates as early as ...
Behind the Greek Crisis 2.7.2015 ConsortiumNews.com
Exclusive: The usual narrative of the Greek economic tragedy is that the country is paying for its past profligacy, but there is deeper back story of political repression fueled by major powers intervening in Greece and contributing to a dysfunctional political system, recalls ex-U.S. diplomat William R. Polk. By William R. Polk Focusing exclusively on the…
US unemployment rate falls to 5.3 percent as employers add 223,000 jobs in June 2.7.2015 Inc
The numbers reflect a job market moving close to full health and raise expectations that the Federal Reserve will start raising interest rates as early as ...
In today's world, fear corporations or fear nations? 2.7.2015 LA Times: Commentary
I do not often side with Republicans against Democrats. Nor has President Obama been known for his working relationship with congressional Republicans. Yet on the Trans-Pacific Partnership - which died in the House three weeks ago, only to be resurrected by the Senate last Wednesday - I find myself...
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U.S. economy adds 223,000 jobs in June 2.7.2015 LA Times: Business
U.S. employers added a solid 223,000 jobs in June, and the unemployment rate fell to 5.3%, a seven-year low, the Labor Department reported Thursday.
Economic exodus means two-thirds of Puerto Ricans may soon live in US 2.7.2015 The Guardian -- World Latest

The Caribbean territory, whose residents are US citizens, is groaning under $73bn debt forcing it to ration water, close schools and watch its health system collapse

Related: Puerto Rico in crisis: weighed down by $73bn debt as unemployment hits 14%

Facing a crisis of monumental proportions at home, tens of thousands of people are fleeing a Caribbean island in search of a better life in the United States only to find hardship and struggle on American shores. Their stories sound like those of millions of migrants – poverty at home, where the economy lies in tatters – but they differ from millions of others: they’re already American.

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Economy adds 223,000 jobs in June; unemployment rate drops to 5.3 percent 2.7.2015 Ezra Klein
The U.S. economy added added 223,000 jobs in June, the Labor Department reported Thursday morning. The unemployment rate dropped to 5.3 percent. The latest jobs data comes amid a convulsion in Europe that has caused a spike in global economic volatility. Greece is on the verge of bankruptcy, unable to pay back key loans and ...
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Wages Are Stagnant Even As The Unemployment Rate Keeps Falling 2.7.2015 Think Progres

The unemployment rate fell to the lowest rate since April 2008 but wages didn't budge.

The post Wages Are Stagnant Even As The Unemployment Rate Keeps Falling appeared first on ThinkProgress.

Young Republicans say party risks losing millennials after gay marriage ruling 2.7.2015 The Hill
Millennial Republicans are urging GOP leaders to adopt an inclusive tone on gay marriage.
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What crisis? Stronger banks, economies ease fear over Greece 2.7.2015 AP Business
The prospect of a Greek crackup isn't so terrifying anymore....
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