Tag: labor participation rate

H-1b

Left Pretends Trump Inheriting Strong Obama Economy

With President Obama, Democrats and their media fellow travelers having failed to win the hearts and minds of voters, they are now trying to build a legacy on the big lie: “The president is handing his successor an economy that’s now the envy of the world.”

Obama '08 and'16 AP Reuters

America’s Economy Before Obama Versus After Obama

At a press conference in Greece one week after the American voters rejected his legacy at the polls by picking Donald Trump over Hillary Clinton, President Obama defended his record, saying that people think he “did a pretty good job” as president.

anxiety

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.

unemployment

Poll: Nearly Half Of Unemployed Americans Not Looking For Work

The nation’s low unemployment rate is partially the result of the growing number of Americans that the Labor Department considers not in the labor force. The labor participation rate declined to 62.6 percent in May, with a record 94,708,000 Americans not working or looking for work.

J Pat Carter/AP Photo

American Economy Still Down by 5.9 Million Jobs Since 2008

The Bureau of Labor Statistics (BLS) just published the Job Openings and Labor Turnover Summary (JOLTS) report for February. The job openings percent for the workforce hit a 14 year high of 5.1 million, while the layoffs and discharges percentage stayed at a historic low. But despite the job availability rate more than doubling since 2009, the hiring rate only grew by 30 percent in the same period. Adjusted for population growth, the American economy is still down by 5.9 million jobs.