Tag: Unemployment

As Labor Market Tightens, Women Are Moving Into Male-Dominated Jobs

ImageLearning how to install drywall in a construction techniques class at Madison College in Madison, Wis., this year.CreditMichelle Stocker/The Capital Times, via Associated Press Traditionally male industries have made a comeback. The three fastest-growing sectors since December 2016 have been the three that are most male-dominated: mining, construction, and transportation and utilities. Yet in the […]

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Macron’s Proposal to Mollify Yellow Vest Protesters Fails to Impress

PARIS — The fine print of President Emmanuel Macron’s financial proposal, intended to end protests by France’s middle class and working poor, was still sinking in Tuesday, but many of the protesters already were expressing disappointment and calling for new demonstrations this weekend. The president’s 13-minute speech on Monday evening detailed an increase in the […]

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Unrest in France Hinders Macron’s Push to Revive Economy

PARIS — The need to accelerate growth has long been visible in almost every corner of the French economy, from dreary unemployment offices packed with jobseekers to businesses whose financially stretched customers struggle to make do. President Emmanuel Macron pledged on Monday to change those dynamics by improving the country’s long-term prospects. But his halting […]

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As Hiring Slows, Employers Say It’s Getting Harder to Find Workers

MILWAUKEE — At Western Building Products’ banana-shaped factory on the lip of the Menomonee River outside Milwaukee, the company’s president, Mark Willey, is wrangling with a stubborn problem: not enough workers. “If someone is here a year, they never leave,” Mr. Willey said. “Our problem today is just finding people who want to work.” It […]

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The Economy Faces Big Risks in 2019. Markets Are Only Now Facing Up to Them.

ImageTraders outside the New York Stock Exchange this week. Worries about the economy’s future are finally starting to affect stock prices, even though the economy remains strong.CreditMary Altaffer/Associated Press After another week of exceptional volatility on Wall Street that has pummeled stock portfolios, there are two closely related questions worth asking. First, why is this […]

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Jobs Report for November: Here’s What to Watch For

The Labor Department will release the latest hiring and unemployment figures for November at 8:30 a.m. Eastern time. The monthly report provides one of the better snapshots of the state of the American economy. Here’s what to watch for: • After a hefty gain of 250,000 jobs in October, economists expect payroll gains of 190,000 […]

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The Perversion of Fiscal Policy (Slightly Wonkish)

As many people have pointed out, the Trump tax represented a total break with the normal principles of fiscal policy. Historically, we’ve tended to run big deficits when the economy is weak, smaller deficits or surpluses when it’s strong. But now the deficit is soaring even in the face of low unemployment. This is irresponsible, […]

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Jobs Report for October: Here’s What to Watch For

The Labor Department will release the hiring and unemployment figures for October at 8:30 a.m. Eastern time on Friday. The monthly report provides one of the better barometers of the American economy. Wall Street analysts expect the report to show that job creation picked up, with employers creating 195,000 jobs. The Bureau of Labor Statistics […]

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Unemployment Looks Like 2000 Again. But Wage Growth Doesn’t.

Lots of measures are telling us that the United States labor market is doing well. In some cases, very well. Most prominently, the unemployment rate has fallen steadily over the last nine years. It dipped to 3.7 percent in September, and it has averaged 4 percent over the past year, the same as it did […]

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We’re Measuring the Economy All Wrong

The stock market, for example, has completely recovered from the financial crisis, and then some. Stocks are now worth almost 60 percent more than when the crisis began in 2007, according to a inflation-adjusted measure from Moody’s Analytics. But wealthy households own the bulk of stocks. Most Americans are much more dependent on their houses. […]

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Crisis and Consequences: The Great Recession Knocked Them Down. Only Some Got Up Again.

It took nearly a decade, but Guillermo Gonzalez is a homeowner again. In June 2017, Mr. Gonzalez and his wife closed on a $129,000 two-bedroom house in Spring Hill, Fla., north of Tampa. It has a pool and a yard where their grandchildren can play. Most important, they can afford it. “It’s not a brand, […]

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Feature: Americans Want to Believe Jobs Are the Solution to Poverty. They’re Not.

To afford basic necessities, the federal government estimates that Vanessa’s family would need to bring in $29,420 a year. Vanessa is not even close — and she is one of the lucky ones, at least among the poor. The nation’s safety net now strongly favors the employed, with benefits like the earned-income tax credit, a […]

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Fact Check of the Day: Trump Falsely Claims G.D.P. Growth Is Higher Than Unemployment ‘for the First Time in 100 Years’

Advertisement Fact Check of the Day It has happened at least 185 times in the past century. Sept. 10, 2018 what was said The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years! — Donald J. Trump (@realDonaldTrump) September 10, 2018 the facts False. Gross domestic […]

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Jobs Report for August: What to Watch For

Caveats or not, wage growth matters. A lot. When getting a receptionist job is harder than getting into Harvard The job market varies radically depending on what someone does and where someone lives. In some job categories, it is not surprising that wages are not going up, said Julia Pollak, a labor economist at the […]

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Greece’s Bailout Is Ending. The Pain Is Far From Over.

ATHENS — When Dimitris Zafiriou landed a coveted full-time job two months ago, the salary was only half what he earned before Greece’s debt crisis. Yet after years of struggling, it was a step up. “Now, our family has zero money left over at the end of the month,” Mr. Zafiriou, 47, a specialist in […]

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