- The monthly jobs numbers haven’t gone down in 7 years. Until now., By Paul Davidson, October 6, 2017, USA Today: “The U.S. lost jobs for the first time in seven years last month after Hurricanes Irma and Harvey drove down employment. But wages grew, unemployment fell to a new 16-year low and there were other reassuring signs that September’s weak showing was a blip…”
- U.S. lost 33,000 jobs amid last month’s hurricanes, By Patricia Cohen, October 6, 2017, New York Times: “The Labor Department released its official hiring and unemployment figures for September on Friday morning, providing the latest snapshot of the American economy…”
Tag: Job losses
Jobless Benefits – Pennsylvania
Changed rules for jobless pay exclude some workers, By Daniel Moore, February 2, 2016, Pittsburgh Post-Gazette: “Amid the sharp downturn in the steel industry and the closure of several power plants in southwestern Pennsylvania, work has been steadily disappearing for Keith Evans. The 53-year-old boilermaker from Brookline is called on intermittently for jobs related to maintenance at industrial facilities. But the state won’t let him collect unemployment compensation as he scours for jobs. Thousands of seasonal workers were ruled ineligible to receive jobless pay under cost-cutting measures put into effect in January 2013 under former Gov. Tom Corbett. Although the intention wasn’t to exclude such workers, efforts in Harrisburg to bring some of them back into the fold haven’t worked yet…”
Economic Recovery
U.S. economic recovery looks distant as growth stalls, By Binyamin Appelbaum, June 11, 2014, New York Times: “Recessions are always painful, but the Great Recession that ran from late 2007 to the middle of 2009 may have inflicted a new kind of pain: an era of slower growth. It has been five years since the official end of that severe economic downturn. The nation’s total annual output has moved substantially above the prerecession peak, but economic growth has averaged only about 2 percent a year, well below its historical average. Household incomes continue to stagnate, and millions of Americans still can’t find jobs. And a growing number of experts see evidence that the economy will never rebound completely. . .”