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Tag: unemployment

sweden

Migrants To Make Up 6 In 10 Of Sweden’s Unemployed By 2017

Foreign-born residents will make up 60 per cent of Sweden’s unemployed by 2017, the country’s employment agency has said. As the country struggles to deal with record immigration, the Arbetsförmedlingen predicted that unemployment would fall among the native population, but

Unemployment; Jobs; Job Fair; women

Black Unemployment More than Twice as High As White Unemployment

According to the BLS, the African American unemployment rate remained more than twice as high as the unemployment rate among white workers, which declined from 4.4 percent in October to 4.3 percent in November. African American unemployment increased from 9.2 percent to 9.4 percent from October to November.

Job seekers fill out paperwork during the HireLive Career Fair on November 12, 2015 in San Francisco, California.

94,446,000 Americans NOT In Work Force

While the economy added 211,000 jobs in November, the number of Americans not participating in the work force exceeded 94 million for a fourth month in a row, according to Labor Department data released Friday.

d read

Federal Workers Earn 78% More Than Private Sector Employees, Study Shows

According to a study of data from the Bureau of Economic Analysis, conducted by the Cato Institute, compensation for federal workers is 78% higher on average than compensation for private sector employees.

“Federal civilian workers had an average wage of $84,153 in 2014, compared to an average in the private sector of $56,350,” according to the Cato review. “The federal advantage in overall compensation (wages plus benefits) is even greater. Federal compensation averaged $119,934 in 2014, which was 78 percent higher than the private-sector average of $67,246.”

jobs

A Sense of Doom Hangs Over September’s Big-Miss Jobs Report

Analysts were expecting well over 200k new jobs for September – which isn’t really all that great, but at least it’s enough to keep pace with population growth. Instead, we got 142k new jobs, the past few months were revised downward, wage growth remained flat, and the labor force shrank by another hair-raising 350k, knocking workforce participation down to 62.4 percent.

Recruiters wait to meet with job seekers during a HireLive career fair on June 4, 2015 in San Francisco, California. According to a report by payroll processor ADP, 201,000 jobs were added by businesses in May.

24,914,000 Foreign-Born People Employed In U.S.

The number of foreign-born people employed in the U.S. increased last month, representing a figure more than three times higher than the number of unemployed native-born Americans, according to data released Friday by the Bureau of Labor Statistics.

AP Photo/Paul Sakuma

Record 94,031,000 People Not In Labor Force

The number of people not in the labor force exceeded 94 million for the first time, hitting another record high in August, according to new jobs data released Friday by the Bureau of Labor Statistics.

Gold AP

Jackson Hole Fed Summit: A Failing Long Term Fed Report Card

From its founding until the beginning of the 20th century, the United States went from a non-economy to being the world’s largest and wealthiest economy. It achieved this feat on the gold standard mostly, with no central bank, (except for 36 years), and with little or no central planning.