The economy created 288,000 jobs in April. The jobless rate has fallen to a 5-1/2 year low to 6.3%. That is the lowest rate since the 2008 financial implosion. According to Reuters, The economy stalled in the first quarter, weighed down by an unusually cold and disruptive winter. A slow pace of stock accumulation by […]
Jobs Report: Many More Jobs Than Expected–Unemployment Rate Falls
The February employment report is out. The economy added a net 236,000 jobs according to the labor department. The unemployment rate edged down to 7.7%. According to the Bureau Of Labor Statistics Among the major worker groups, the unemployment rate for whites (6.8 percent) declined in February while the rates for adult men (7.1 percent), […]