The unemployment rate continues to decline in July 2015 for most of the metropolitan areas within the United States. 92% of the metropolitan areas in the Nation experienced lower unemployment rates than […]
Do Workers on Unemployment Insurance make Other Workers’ Income Worst?
Economists like to think that wages are set depending upon two basic factors plus a “catchall” variable. The two basic factors are expected price level and unemployment rate. The “catchall” variable stands […]
Despite GDP estimates, U.S. industries experienced growth on level of employment in April to April comparison.
Despite news showing negative growth in Gross Domestic Product for the first quarter 2015, most of the U.S. industries experienced growth on level of employment in April 2014 to April 2015 comparison. […]
Utah ranks on top in job creation for April 2015.
Perhaps the state that showed the best performance in level of employment was Utah. Industries seem to be booming there, where 52K jobs positions were added. Construction registered an increase of 7.7%, […]
Unemployment rate is still at 5.4%: BLS.
The US Bureau of Labor Statistics released on April 27th 2015 its preliminary data on unemployment. On the national level the unemployment rate is still at 5.4%. By regions, the Midwest had […]
Falling Oil Price and Unemployment: Inferences from TMOS.
With oil prices at year’s lowest, U$55.25 per barrel, everyone wonders about possible spillovers in the United States national economy. Although many people started to enjoy low prices of gas and others […]
Insured Unemployment increased from 2,378,000 to 2,403,000 in December 2014.
There were no major changes in data from Unemployment Insurance during December 2014. Seasonally adjusted data showed that Insured Unemployment rate kept the same level for the week ending December 20th. Initial […]
Unemployment rate increased two basic points in the Commonwealth of Massachusetts reaching 7.2% in July 2013.
The U.S. Bureau of Labor Statistics released today -08/28/2013- its monthly report on unemployment rate at the metropolitan level. Unemployment rate increased two basic points in the Commonwealth of Massachusetts reaching 7.2% […]