BY THE ASSOCIATED PRESS U.S. employers added 151,000 jobs in January, a deceleration from recent months as companies shed education, transportation and temporary workers but hired others in manufacturing, retail and food services. Job applicants at a U.S. Chamber of Commerce Foundation military job fair in Washington, January 8, 2016. GARY CAMERON / Reuters The…
Category: U.S. Economy
Walmart Store Closures: Company Restructuring Or Signs Of An Impending Recession?
An Improving Robust Economy? But Where Are The Jobs? Black Unemployment Is Higher Than It’s Ever Been.
Nearly Half Of Young Black Men In Chicago Out Of Work Report. Young men discussed unemployment on Jan. 25, 2016, at the Urban League. A new report said nearly half of young black men in Chicago are unemployed or not in school. Alexia Elejalde-Ruiz Contact Reporter Chicago Tribune Nearly half of young black men in Chicago…
Is America Entering Another Recession?
Recession Indicators Flashing Red © Jeff Kowalsky/Bloomberg News Every U.S. recession since World War II has been foretold by sharp declines in industrial production, corporate profits and the stock market. Those ill omens have aligned again. Does this portend an economy tilting into recession? Or can the declines in profits and production be…
The Dow Plunges Nearly 400 Points.
The Dow Jones Plunges For The Third Time In Weeks.
U.S. stocks opened sharply lower Friday after a slew of disappointing U.S. data, a fresh plunge in oil to below $30 a barrel and a sell-off in Chinese stocks that added to mounting concerns about slowing global growth. The Dow Jones industrial average fell more than 350 points in the open to dip…
Walmart Closes 269 Locations.
Reuters Nathan Layne Wal-Mart said Friday it will pull the plug on its smallest store format, Walmart Express, and close 269 locations as it contends with higher costs in its home market of the United States and disappointing results overseas. The move includes Wal-Mart’s largest-ever single culling in the United States, where the company…
Is The October 2015 Jobs Report A Real Reflection Of An Improving Economy?
The unemployment rate dropped to 5 percent in October, which is the lowest it has been since prior to the Great Recession. However, as encouraging as this number is, it does not take into account the Labor Participation rate, which remained at its lowest level since 1977. The Labor Department reported that a healthy 271,000…
A Record 95 Million Americans Not In The Labor Force.
Record 94,610,000 Americans Not in Labor Force; Participation Rate Lowest in 38 Years. By Susan Jones | October 2, 2015 | 8:56 AM EDT (AP File Photo) (CNSNews.com) – A record 94,610,000 Americans were not in the American labor force last month — an increase of 579,000 from August — and the…
Are The Government & Liberal Media Constantly Lying About An Improving Economy ?
February 4, 2015 Gallup CEO: Unemployment numbers ‘a Big lie’ By Rick Moran Something has gotten into Gallup CEO Jim Clifton. Perhaps someone slipped him some truth serum, or perhaps he was overwhelmed with guilt for publishing all those bogus unemployment numbers over the years. Whatever the reason, Clifton took to the pages…