Political Capital

Posts tagged: jobs

A "now hiring" sign at a Chase bank branch in San Rafael, California.

Photograph by Justin Sullivan/Getty Images

A "now hiring" sign at a Chase bank branch in San Rafael, California.

Unemployment 8% Mid-January: Gallup

When it comes to work, there are indicators and then there are indicators. The Labor Department won’t report on the state of the U.S. job market this month until the first Friday in February. Gallup, which conducts its own survey...

Read more »




Construction continues at TPCO America Corp.'s pipe finishing mill facility in Gregory, Texas.

Photograph by Eddie Seal/Bloomberg

Construction continues at TPCO America Corp.'s pipe finishing mill facility in Gregory, Texas.

Builders Hang Help-Wanted Signs as Construction Rebounds

Newspaper editors can retire the old “Hard Times for Hard Hats” headline. U.S. construction employment is poised to bounce back after being flat for almost three years. Builders have the most openings and are breaking ground for more homes than at any...

Read more »

A job seeker, right, speaks with a recruiter during a HIREvent job fair in San Jose, California.

Photograph by David Paul Morris/Bloomberg

A job seeker, right, speaks with a recruiter during a HIREvent job fair in San Jose, California.

Krueger: Jobs Report a Reminder — Middle-Class Tax Relief Essential

The White House is taking today’s jobs report — with unemployment declining to 7.7 percent in November — as another sign of the imperative for approving the tax plan the president is pressing in deficit talks. Alan Krueger, chairman of...

Read more »

Employees install flooring on the main deck of pontoon boats on the assembly line at the Nautic Global Group production facility in Elkhart, Indiana.

Photograph by Ty Wright/Bloomberg

Employees install flooring on the main deck of pontoon boats on the assembly line at the Nautic Global Group production facility in Elkhart, Indiana.

Jobless Rate Slides to 7.7 % — Year-End Bonus for White House

By the numbers, the news keeps getting better for the White House. First, it was a slide in the nation’s unemployment rate to just below 8 percent just before President Barack Obama stood for re-election. Now, it’s another couple of...

Read more »

Potential buyers view a new home under construction in South Barrington, Illinois.

Photograph by Daniel Acker/Bloomberg

Potential buyers view a new home under construction in South Barrington, Illinois.

Fed Boosts Housing, Housing Boosts Fed — Repeat

One hand washes the other. The Federal Reserve’s record stimulus is starting to lift the U.S. housing market out of the basement. And the boost in home prices is poised to start giving the broader economy a bigger push, rather...

Read more »

People fill gas cans at a Sunoco Inc. station in Bloomfield, New Jersey, after superstorm Sandy.

Photograph by Emile Wamsteker/Bloomberg

People fill gas cans at a Sunoco Inc. station in Bloomfield, New Jersey, after superstorm Sandy.

Payrolls Unscathed by Ho Ho Strike — Superstorm Sandy Another Matter

The strike that triggered the bankruptcy of Hostess Brands Inc., the baker of Twinkies and Wonder bread, is not showing up in government data, which means it will probably not depress U.S. November payrolls to be reported next week. There...

Read more »

Job seekers speaks with an employer at the Veterans On Wall Street job fair in New York.

Photograph by Scott Eells/Bloomberg

Job seekers speaks with an employer at the Veterans On Wall Street job fair in New York.

Labor Stood Ready on Veteran Data — Nobody Called After Last Debate

At least one Bureau of Labor Statistics staffer is willing to upset the White House, despite what you may have heard. Jim Borbely, an economist with the federal agency responsible for reporting unemployment figures, was ready to go toe-to-toe with the president over veterans’...

Read more »