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Good economic news in US akin to a mirage?

(WASHINGTON) The US unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast.

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Analysis: Good economic news something of a mirage

WASHINGTON — The unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast. Borrowing radio broadcaster Paul Harvey's signature saying:...

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Analysis: Good economic news something of a mirage

Source: [b]Associated Press[/b] WASHINGTON (AP) — The unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast. Borrowing radio broadcaster Paul Harvey's signature saying: let's hear the rest of the story. Some seemingly good economic numbers ca...

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Hard Hats See Hard Times

Hard Hats See Hard Times Source: Pew Research Center for the People & the Press While the latest labor statistics reported fewer job losses than analysts expected, the American public is expressing increasing concern about job availability. But those worries are not as widespread as in the 1992 election-year downturn, when majorities at all income levels [...]

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Analysis: Good economic news something of a mirage

WASHINGTON (AP) — The unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast…. Share This

+Vote!

Analysis: Good economic news something of a mirage

The unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast.

+Vote!

Analysis: Good economic news something of a mirage

The unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast. Borrowing radio broadcaster Paul Harvey's signature saying: let's hear the rest of the story. Some seemingly good economic numbers can be something...

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Jobless rate hits 9.2 percent in April

Jobs continued to disappear in April, according to the Bureau of Labor Statistics. The Labor Department's most comprehensive alternative unemployment rate measure - which includes people who are not able to actively look for work as well as people working part time because they can't find full-time jobs - edged up in April and, at 9.2 percent, is nearly two percentage...

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Hawaii among highest-paying states for loan officers, construction workers

A recent study of occupational employment and wages in 2007 showed that Hawaii is among the highest paying states for two occupations, according to the latest data from the Bureau of Labor Statistics.

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Lies, Damned Lies, and Official Federal Statistics

In this article from Harper's Magazine, author Kevin Phillips argues that official federal policy has altered the way that the government collects and reports statistics in order to artificially lower the reported unemployment rate and the rate of inflation. This...

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Employment is up, but so is unemployment

Employment edged up slightly in April (+19,000), similar to the increase observed in March. This follows large gains at the start of the year. The unemployment rate nudged up to 6.1% in April as more people entered the labour force. Self-employment and full-time work accounted for all of the gains in April.

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Working Moms Still More Likely to Do Household Chores and Childcare

(5/9) Married mothers employed full time are more likely to do household activities and provide childcare on an average day than are married fathers employed full time, according to a report by the U.S. Department of Labor's Bureau of Labor Statistics.

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Economic slide puts jobs at risk

THE economy is headed for a dramatic slowdown that will drive up the unemployment rate as high interest rates sap consumer confidence.

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Jobless rate rises to 6.1% in April

Canada's unemployment rate nudged up to 6.1 per cent in April from the 6.0 per cent seen in March, as more people looked for work last month, Statistics Canada said Friday.

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Canada April unemployment up slightly at 6.1 pct vs 6.0 pct in March

Canada’s unemployment rate edged up to 6.1 percent in April from 6.0 percent in March as the economy created 19,000 jobs, similar to the modest 14,600 increase observed in March. This follows large gains at the start of the year, according to Statistics Canada. The national statistics agency said unemployment rate increased in April as more [...]