While the job market in South Florida continues to struggle, nationally, the numbers remain positive, but not enough to bring the unemployment rate down.
The economy continued to show growth over the final two months of the 2012 calendar year, but it wasn’t enough to bring down the unemployment rate in December.
The number of people asking for unemployment benefits last week dropped to the lowest level since March 2008, according to the Labor Department.
The U.S. economy continued to show signs of life in November even as the nation edged ever closer to the fiscal cliff/austerity crisis.
The U.S. unemployment rate fell in September to the lowest rate since President Barack Obama’s first month in office. The Labor Department reported Friday that unemployment dropped to 7.8 percent primarily because more people found jobs.
The sputtering economy received a small shot in the arm Thursday when new data showed U.S. private employers added 176,000 jobs in June and new jobless claims dropped roughly 14,000 from last week.
As the 2012 election heats up, a dismal jobs report for May is showing that while corporations and CEO’s are recovered from the Great Recession; the working class is far behind.
The latest numbers from the U.S. Labor Department offer a mixed bag of news to President Barack Obama.
President Barack Obama and Congressional Democrats got good news from the unemployment report Friday morning. According to the Labor Department, the unemployment rate in January dropped to 8.3 percent. That’s the lowest rate in roughly three years.
The latest job numbers out of the U.S. Labor Department and private employment analysts showed unemployment dropped in about two-thirds of the major metropolitan areas around the country, giving hope to the jobless around the area.