Category: News

How Good is the Trump Economy?

To spell it out in his own words, President Trump tweeted, “In many ways, this is the greatest economy in the HISTORY of America.” This poses a question of whether the economy is doing exceptionally well post the Obama administration. This is based on the big difference between the level of economic performance and the… Read More »

Lowest Unemployment Ever in The Last Half Century

President Donald Trump broke protocol and tweeted that there was a positive job report with the lowest unemployment. However, the current Federal Rule states that the executive branch employees are required not to comment on major economic reports. This jobs report is usually kept under wraps till the Labor Department publishes it at 8:30 am.… Read More »

14 US States Encounter Record Low Jobless Rates

April 2018 marks the 107th month of the current economic expansion that had begun in June of 2009. This expansion surpassed what was previously regarded as the second longest economic expansion in US history from February 1961 to December 1969. With the assumption that this economic performance continues, the record low jobless rates in 14… Read More »

The Unemployment Situation – April 2018

The month of April sees the total nonfarm payroll employment in the United States increased by 164,000. But the biggest update in the month of April is the unemployment rate edging down to 3.9 percent. This update comes after six months of being static at 4.1%. In terms of employment, jobs gains had occurred in… Read More »

San Francisco To Offer Free Tuition To Residents

Free tuition will be provided to the residents of San Francisco, announced the city’s Mayor. This would be done in partnership with a Community College which will make it the first city in the country to offer free tuition to its residents. Ed Lee, Mayor of San Francisco announced that “The government will set aside… Read More »

Jobless Claims Below 300,000 for Record Longest Streak

April marks the lowest number of jobless claims and this means that those claiming new unemployment has never been this low. With the initial jobless claims decreasing by 9,000 against a proxy of layoffs in the US that was adjusted to 233,000 in the week. What this means is that claims have now gone below… Read More »

The Employment Situation in the United States – March 2018

The unemployment rate in the United States for the month of March 2018, remains unchanged at 4.1%. There has been no change in the unemployment rate since October 2017. However, in the month of March, the total nonfarm payroll employment increased by 103,000. There has been a significant increase in employment in industries such as… Read More »

States With the Lowest Unemployment Rate in 2017

Since the last report by the Bureau of Labor Statistics, US unemployment remained unchanged at 4.1 percent in February 2018. This remained at a 17 year low and slightly above the 4 percent market expectation. In the best states employment holds 30 percent of the weight in the ranking of the economy. In order to… Read More »

The Employment Situation in the United States – February 2018

The unemployment rate in the United States for the month of February 2018, remains unchanged at 4.1%. There has been no change in the unemployment rate since October 2017. However, in the month of February, the total nonfarm payroll employment increased to 313,000. There has been a significant increase in employment in industries such as… Read More »

The Employment Situation in the United States – January 2018

The Employment situation is a monthly report provided by the US Bureau of Labour statistics. The report mainly consists of data which involves the unemployment rates in the country. This unemployment rate research takes into account all factors such as unemployment in the terms of ethnicity, race, gender, age and industry.  The report also examines… Read More »