Political Capital

Posts tagged: employment

Job seekers wait in line to meet with employers at the 25th Annual CUNY big Apple Job and Internship Fair in New York City.

Photograph by Spencer Platt/Getty Images

Job seekers wait in line to meet with employers at the 25th Annual CUNY big Apple Job and Internship Fair in New York City.

Bloomberg by the Numbers: 335,500

That’s the average number of people applying for unemployment benefits in the past four weeks, the least since November 2007. About 333,000 people made first-time jobless claims in the week ended Aug. 3, compared with 328,000, 345,000 and 336,000 in...

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Job seekers wait to enter the Choice Career Fairs job fair in Arlington, Virginia.

Photograph by Andrew Harrer/Bloomberg

Job seekers wait to enter the Choice Career Fairs job fair in Arlington, Virginia.

Bloomberg by the Numbers: 136,000

That’s how many more discouraged workers there were in July than a year earlier. Last month there were 988,000 discouraged workers, defined as those not looking for a job because they don’t believe one is available, according to Labor Department...

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A waitress carries platters of food through the kitchen at a restaurant in Peoria, Illinois.

Photograph by Daniel Acker/Bloomberg

A waitress carries platters of food through the kitchen at a restaurant in Peoria, Illinois.

Retailers, Restaurants Accounted for Half of Employment Gain in July

Employers added 162,000 workers to their payrolls in July, the fewest in four months. The composition of the job growth is a bit more concerning. More than half of the increase in July employment occurred at retailers and restaurants and...

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Sarah Bloom Raskin, governor of the of the U.S. Federal Reserve, speaks during an open meeting of the Federal Reserve Board in Washington, D.C., in this Dec. 16, 2010 file photo.

Photograph by Joshua Roberts/Bloomberg

Sarah Bloom Raskin, governor of the of the U.S. Federal Reserve, speaks during an open meeting of the Federal Reserve Board in Washington, D.C., in this Dec. 16, 2010 file photo.

Women Taking Over U.S. Treasury

While Larry Summers may have voiced some doubts about women’s ability to excel in engineering and science, President Barack Obama and Treasury Secretary Jacob J. Lew clearly believe women are good at managing money. Big money. Like – the finances...

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Technician Dennis Sibley installs electrical systems cable in an Embraer SA Phenom 300 Light business jet at the company's executive jet manufacturing facility in Melbourne, Florida.

Photograph by Mark Elias/Bloomberg

Technician Dennis Sibley installs electrical systems cable in an Embraer SA Phenom 300 Light business jet at the company's executive jet manufacturing facility in Melbourne, Florida.

Bloomberg by the Numbers: 202,000

That’s how much nonfarm employment grew on average per month in the first half of 2013. That exceeds the average monthly job growth of 180,000 in the second half of 2012 and 185,000 in the first half of 2012. The...

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Employee Francis Wallers installs a support for a wind skirt beneath a semi trailer at the Wabash National Corp. facility in Lafayette, Indiana, on July 22, 2013.

Photograph by Daniel Acker/Bloomberg

Employee Francis Wallers installs a support for a wind skirt beneath a semi trailer at the Wabash National Corp. facility in Lafayette, Indiana, on July 22, 2013.

Payrolls Tell Truer Story Than U.S. Growth Data

Figures for growth show the U.S. economy is in the doldrums. The job market looks much stronger. There’s obviously a disconnect. Economists are betting the employment versus GDP toss-up will go in favor of the labor market, where the improvement...

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Employee Ryan McKelvey installs components to the frame of a pedicab at the Main Street Pedicabs Inc. manufacturing facility in Broomfield, Colorado, on June 24, 2013.

Photograph by Matthew Staver/Bloomberg

Employee Ryan McKelvey installs components to the frame of a pedicab at the Main Street Pedicabs Inc. manufacturing facility in Broomfield, Colorado, on June 24, 2013.

State Job Gains Surprisingly Steady

The job market’s recovery from the deepest recession since World War II has been surprisingly similar among states, breaking with past economic rebounds, according to economists Jason Bram and James Orr of the Federal Reserve Bank of New York. While...

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Housing construction in Rancho Santa Fe, California.

Photograph by Sam Hodgson/Bloomberg

Housing construction in Rancho Santa Fe, California.

Housing Boom’s End Dims Women’s Job Outlook: Fed Report

The heyday for women in the job market  may have ended with the housing boom, according to research by the Federal Reserve Bank of Dallas. Women hold a disproportionate share of jobs — such as teaching positions — that rely...

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A worker is viewed through protective sheeting on the Brooklyn Bridge on April 30, 2013 in New York City.

Photograph by Spencer Platt/Getty Images

A worker is viewed through protective sheeting on the Brooklyn Bridge on April 30, 2013 in New York City.

Zero-Interest Fed: How Long?

The Labor Department said today that the economy added 165,000 jobs in April. With this kind of moderate-but-not-stellar growth in payrolls, is the Federal Reserve on track to meet its own forecast for its first interest-rate increase? A simple calculation...

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