Bureau of Labor Statistics

Steve Mnuchin: ‘The Unemployment Rate Is Not Real’

During his confirmation hearing on Thursday, Treasury Secretary nominee Steven Mnuchin said the unemployment rate reported by the Bureau of Labor Statistics does not capture the reality of the conditions facing American workers.

mnuchin hearing AP

July Job Numbers Reveal Bad Economy and Donald Trump’s Appeal

WASHINGTON—On Friday, the U.S. Department of Labor released employment numbers for July that look good from a distance, but under the surface, they show that millions of Americans are in dire economic straits, giving Donald Trump an opening to bring in voters who normally vote for Democrats.

anxiety

94,517,000 Americans Not in the Labor Force in June

The BLS reports that 94,517,000 Americans were neither employed nor made an effort to find employment — due to discouragement, retirement, schooling or otherwise — during the month of June.

Hundreds of people line up to attend a job fair on April 18, 2013 at the Holiday Inn in Midtown in New York City. The event was held by National Career Fairs which expected some 700 job seekers would come to meet 20 potential employers. (Photo by

Black Unemployment Rises, More than Double White Unemployment Rate

While the unemployment rate dropped across the major demographic groups last month, African American unemployment jumped to more than double the white unemployment rate and nearly twice the national unemployment rate, according to new jobs data released Friday.

jobs

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.

The Associated Press

Record 94,610,000 Americans Not in Labor Force

The Bureau of Labor Statistics reports that a record 94,610,000 people (ages 16 and over) were not in the labor force in September. In other words they were neither employed nor had made specific efforts to find work in the prior four weeks.

AP Photo/Paul Sakuma

Foreign-Born Job Growth Outpacing Native-Born 2.6 to 1

Since the start of the recession in December 2007, the foreign-born population has outpaced the native-born population in net job growth — with foreign-born workers gaining 2.6 jobs for every job gained by a native-born worker.

The Associated Press