News
Bloomberg | Jobless Claims in U.S. Increased Last Week to 317,000
Applications for unemployment benefits in the U.S. rose to 317,000 last week, holding below this year’s average and signaling sustained progress in the labor market.
Econ Comments & Analysis
Real Clear Markets | There's No Consensus About Unemployment
With the government's latest monthly employment report, the American job market has entered a bewildering good news/bad news phase. The good news is that May's increase of 217,000 payroll jobs finally puts total employment above its pre-recession peak. There are 8.8 million more jobs than at the low point. Unemployment has dropped from 10 percent to 6.3 percent. Chief White House economist Jason Furman points out that monthly job gains have averaged nearly 200,000 in the past year and are trending up.
FOX Business | Millennials Struggle to Find Jobs: But Who’s Really to Blame?
According to a recent survey from CareerBuilder, the number of boomer-held jobs increased 9% from 2007-2013, a gain of 1.9 million jobs. On the other hand, with an increase of only 110,000 jobs, millennial employment in 2013 was virtually unchanged from 2007 levels.
Blogs
WSJ | One In Six Americans With A Disability Held A Job Last Year
Almost 12% of Americans over 16 years old have a disability. But the group accounts for only 3% of those who have a job, according to a new Labor Department report.
