unemployment
Weekly jobless claims skyrocket to 3.28 million, breaking all records
March 26, 2020WASHINGTON—Due to coronavirus pandemic shutdowns, weekly jobless claims skyrocketed in the week ending March 21 to 3.283 million, shattering all records since the Bureau of Labor Statistics started collecting such data. The enormous rise also left...
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Jobs numbers conceal real unemployment and underemployment rate of 7.2%
September 6, 2019130,000 new jobs last month—but 20% of them were census temps. “This isn’t a very strong employment report,” AFL-CIO chief economist William Spriggs said.
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Communists and the unemployed—The story of the moldy Thuringer
April 26, 2019In the Depression of the ’30s, the Unemployed Councils, organized by Communists, fought to get people the things they needed.
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Even Nixon funded jobs programs, why can’t we do it today?
August 28, 2018Pundits are optimistic that struggling young people will be able to get jobs. What’s less clear is whether those jobs will pay living wages.
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Employment numbers and criminal regimes
June 13, 2018It's astonishing, and would confuse classical liberal economists like Adam Smith and David Ricardo, that low unemployment coincides with so little growth in wages.
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