Tag: u-6

June’s Jobs Report

Today the Bureau of Labor Statistics released the June jobs report. On first glance it looks promising with the addition of 288,000 new jobs and the unemployment rate dropping to 6.1%. Upon further inspection the good looking report shows some that

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The Current State of Unemployment

Unemployment statistics are a metric used by economists, policy makers, and representatives to determine the condition of the job market. In 2008, the U.S economy saw a near catastrophic drop in employment and job creation due to the Great Recession,

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Federal Reserve Chair Janet Yellen and Unemployment

Today Federal Reserve Chair Janet Yellen stated in her opening statement to the House Committee on Financial Services that, “The unemployment rate has fallen nearly a percentage point since the middle of last year and 1-1/2 percentage points since the

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