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Slightly fewer Americans filed for unemployment claims last week as jobless claims remain at historically low levels and layoffs are still rare
By Mike McDaniel Doing jobs Americans won't do might not matter anymore.
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More than 160,000 jobs were created in August, topping economist predictions, as North Carolina added over 15,000 construction jobs. #shorts #foxbusiness
‘The identity crisis among nonworking men leads to terrible losses’
The August jobs report was stronger than expected. However, many college educated Americans are struggling to find employment in this labor market. MS NOW Chief Political Reporter Chris Jansing, Democratic strategist Basil Smikle and CNBC Fast Money Contributor Dan Nathan join Stephanie Ruhle to discuss.
Friday’s jobs report showed the labor market rebounding more sharply than expected. Payrolls rose by 162,000 in August, well above the consensus forecast of about 55,000 to 65,000. Unemployment held at 4.1%. The Bureau of Labor Statistics reported that private payrolls rose by 127,000. Additionally, Government employment rose by 35,000, driven largely by a 42,000 […] The post Trump Blows Past Jobs Forecast With 162,000 Hires as Factories Keep Adding appeared first on StoneZone .
Friday’s jobs report showed the labor market rebounding more sharply than expected. Payrolls rose by 162,000 in August, well above the consensus forecast of about 55,000 to 65,000. Unemployment held at 4.1%. The Bureau of Labor Statistics reported that private payrolls rose by 127,000. Additionally, Government employment rose by 35,000, driven largely by a 42,000 rebound in local government education after a drop the month before. Food services and drinking places added 59,000 jobs. Manufacturing added 16,000. Construction added 22,000. The information sector lost 23,000 jobs. White House spokesman Kush Desai called the report evidence that “America is in the middle of a historic investment boom” and that reindustrialization is…Open
The Trump administration is drafting a Child Care and Development Fund rule that would, for the first time, let low-income married couples collect child-care aid when one parent stays home, according to The New York Times, which cited people familiar with the plan and a draft document it reviewed. The C.C.D.F. was built to help […] The post Trump’s $9,000 Child-Care Draft Targets Low-Income Married Families appeared first on StoneZone .
The Trump administration is drafting a Child Care and Development Fund rule that would, for the first time, let low-income married couples collect child-care aid when one parent stays home, according to The New York Times , which cited people familiar with the plan and a draft document it reviewed. The C.C.D.F. was built to help poor and working-class parents work. Under current rules it only counts care outside the home. Officials would add a new category, “parent-based child care,” about $9,000 per child a year, if one spouse works at least 35 hours a week and household income stays under the existing state cap, usually 85% of median income, sometimes closer to 60%. If it goes forward as written, it would be the first federal subsidy…Open