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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

Tag: Jobs

October 2017 US Unemployment Rate

  • U.S. jobs growth reaches 261,000 as economy rebounds from Hurricanes Harvey and Irma, By Danielle Paquette, November 3, 2017, Washington Post: “The U.S. economy added 261,000 jobs in October as the country rebounded from hurricanes Harvey and Irma as expected, and the jobless rate ticked down to 4.1 percent — the lowest level since 2000. The pace of hiring in October showed that the economy was recovering from the storms, Friday’s report from the Bureau of Labor Statistics found. But year-over-year wage growth sank to 2.4 percent…”
  • U.S. adds 261,000 jobs in October, and a revision restores job creation streak, By Bill Chappell, November 3, 2017, National Public Radio: “The U.S. economy added 261,000 jobs in October, according to the monthly jobs report from the Bureau of Labor Statistics. The unemployment rate fell by a small notch, from 4.2 percent to 4.1 percent. While job creation showed a rebound from hurricane season, the October result didn’t meet analysts’ expectations that the report would easily top 300,000 jobs…”

Job Training Initiatives

Google to give $1 billion to nonprofits and help Americans get jobs in the new economy, By Jessica Guynn, October 12, 2017, USA Today: “Google will invest $1 billion over the next five years in nonprofit organizations helping people adjust to the changing nature of work, the largest philanthropic pledge to date from the Internet giant.  The announcement of the national digital skills initiative, made by Google CEO Sundar Pichai in Pittsburgh, Pa. Thursday, is a tacit acknowledgment from one of the world’s most valuable companies that it bears some responsibility for rapid advances in technology that are radically reshaping industries and eliminating jobs in the U.S. and around the world…”

August 2017 US Unemployment Rate