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  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    U.S. Economy Adds Over 300,000 jobs

    The U.S. economy added 321,000 jobs in November. While that number is startlingly high relative to just about any month in the last three years, it was not enough to push the unemployment rate needle--which still sits at 5.8%, according to the Department...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Unemployment Rate Continues to Decline

    The U.S. economy added another 200,000+ jobs in October, and the unemployment rate is now down to 5.8%, according to the Department of Labor . The labor force participation is back up to 62.8% (from 62.7% in September--not a significant difference). Here's...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Philosophical Differences On Economic Expansion and Central Bank Policy

    As Princeton professor Harold James ears perked up when US Treasury Secretary Jack Lew talked about "philosophical differences" between US and European policymakers during the recent G20 summit. The choice of words lead James to consider just...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Unemployment Rate Drops Below 6%

    The unemployment rate has dropped below 6% after the U.S. economy added nearly a quarter million jobs in September. To be precise, there were 248,000 new jobs, and the unemployment rate is now at 5.9%, according to the Department of Labor . The labor...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Stiglitz on EU Leaders Clinging to Austerity

    Joseph Stiglitz is disappointed in Europe's policymakers and their inability to change course. "Austerity has failed," he writes. And yet, the idea that austerity measures will assist recovery persists. Perhaps, he notes, because the EU...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    'Left Behind: The Long-term Unemployed Struggle in an Improving Economy'

    The John J. Heldrich Center for Workforce Development at Rutgers University has released the results of a comprehensive study of long-term-unemployed Americans. In the report on the survey, Carl Van Horn , Cliff Zukin , and Allison Kopicki share grim...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Fighting Poverty With The Microwork Model

    With her non-profit business, Samasource , Leila Janah is trying to fight the harms of the "birth lottery"--people getting trapped in poverty based on where they are born rather than on their work ethic. In this Big Think interview, she talks...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Reasons to Worry About Declining Labor Force Participation

    We track the unemployment rate fairly closely. But we also make sure with each jobs report to look at the labor force participation rate, because that helps us better understand how many people are without work. In this video from the Brookings Institution...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Liberty Street Economics: Job Prospects for Recent Grads

    In the final post of their Liberty Street Economics series on the value of a college degree, New York Fed researchers Jaison Abel and Richard Deitz look at the job prospects of recent college grads. Those prospects were not so great for many college grads...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    US Economy Keeps Adding Jobs, But Not Enough to Make Big Dent in Unemployment Rate

    The U.S. economy added 142,000 jobs in August. That was enough to push the unemployment rate back down to 6.1%, according to the Department of Labor . The labor force participation was at 62.8% (it was 62.9% in July). Here's a look at the unemployment...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Unemployment in Europe 'Flat' But Improved Over 2013

    The unemployment rate remained flat in July, but remains improved from last year. The unemployment rate is now at 10.2% across the EU 28 and 11.5 % in the euro area, as estimated by Eurostat . Those numbers are down from 10.9% and 11.9% in July 2013....
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Marketplace: Ferguson's Economic Disparity

    From Marketplace 's Wealth and Poverty desk, Noel King reminds us that we can't begin to understand the events in Ferguson, Missouri without spending some time understanding the economic challenges that the St. Louis suburb has been facing, and...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Cleveland Fed: 'Job Search Before and After the Great Recession'

    We are learning more and more about the behavior of people seeking jobs since the recession. Cleveland Fed researchers have spent some time looking into how much time unemployed persons spent looking for jobs during the post recession years compared to...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Unemployment Edges Up Slightly

    The U.S. economy added 209,000 jobs in July. That was almost 80,000 fewer than June, but still a welcome increase. Yet it wasn't enough to push the unemployment rate down. Instead, it ticked up a little, and is now at 6.2%, according to the Department...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Helpful Tools in Evaluating Skilled Worker Shortage Claims

    The unemployment rate has dropped to 6.1%, and yet we still read about a shortage of skilled workers. Brookings Senior Fellow Gary Burtless is a little skeptical of the "skills mismatch" narrative, so he looked a little more closely at some...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    David Cay Johnston: Why California Sees Faster Paced Job Growth Following Tax Increases

    In 2012 California voters approved some tax increases that opponents argued would hurt employment in the state. Now, 18 months after the increases were put into effect, David Cay Johnston points out that the rate of job growth in California is outpacing...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Too Many Open Positions AND Too-High Unemployment

    If you were to assume that economies with labor shortages would not have high unemployment, and places with high unemployment would not have significant labor shortages, you would have a lot of company. And yet, China appears to be struggling with both...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Unemployment Rate Drops to 6.1%

    What people have been politely calling "the unemployment situation" in the U.S. just got a bit better--at least as far as the central government data is concerned. The unemployment rate dropped to 6.1% in June, as the economy added 288,000 jobs...
  • Graham Griffith
    Graham Griffith
    • over 11 years ago
    • Info
    • Global Economic Watch

    Atlanta Fed: The Potential Impact of Offshore Jobs on US Unemployment

    At the Macroblog , Dave Altig , senior vice president and research director at the Atlanta Fed , takes a look at the impact of offshoring on unemployment. Looking at a variety of industries and their jobs data, Altig found significant shifts in what he...
  • Graham Griffith
    Graham Griffith
    • over 12 years ago
    • Info
    • Global Economic Watch

    Pres. Obama on Small Business and Job Creation

    President Obama went public with his administration's goal of jump-starting job creation through thawing the credit freeze that many small businesses have been struggling with over the last two years . In a town hall meeting in Nashua, NH, Obama pushed...
  • Graham Griffith
    Graham Griffith
    • over 9 years ago
    • Info
    • Global Economic Watch

    May Jobs Report: Unemployment Picture Unchanged

    There was very little change to the US jobs picture in May, according to the Department of Labor . The unemployment rate is now at 8.2 percent after the economy added only 69,000 jobs during the month. The loss of jobs in the construction sector offset...
  • Graham Griffith
    Graham Griffith
    • over 13 years ago
    • Info
    • Global Economic Watch

    Unemployment's Steady Climb

    The Bureau of Labor Statistics has released its official data on January job losses , and the US saw another sharp drop in nonfarm payroll employment. 598,000 jobs were lost last month, and unemployment continues to rise--it is now at 7.6%. The below...
  • Graham Griffith
    Graham Griffith
    • over 9 years ago
    • Info
    • Global Economic Watch

    Richmond Fed: Implications of the U.S.'s Low Labor Force Participation Rate

    While it may not be declining as quickly as many would like (especially those holding office and running for re-election), the unemployment rate has dropped over the last year. But an often overlooked factor is the number of Americans who drop out of...
  • Graham Griffith
    Graham Griffith
    • over 10 years ago
    • Info
    • Global Economic Watch

    Skepticism About Monthly State Jobs Reports

    We all watch the Labor Department 's monthly jobs reports very closely these days. Too closely? Boston Globe business correspondent Jay Fitzgerald spoke to some Boston-based economists and found that there is some serious skepticism about the narrative...
  • Graham Griffith
    Graham Griffith
    • over 10 years ago
    • Info
    • Global Economic Watch

    Javier Solana Calls on EU Leaders to Make Economic Growth the Top Priority

    With Europe's leaders meeting today to take on the difficult task of righting the EU economy , Javier Solana , former General Secretary of NATO and former EU High Representative for the Common Foreign and Security Policy, weighs in at Project Syndicate...
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