54.1 F
Los Angeles
Monday, February 26, 2024

Trump Lawyer Resigns One Day Before Trial To Begin

Joseph Tacopina has filed with the courts that he will not represent Donald J. Trump. The E. Jean Carroll civil case is schedule to begin Tuesday January 16,...

Judge Lewis A. Kaplan Issues Order RE Postponement

On May 9, 2023, a jury found Donald J. Trump liable for sexual assault and defamation. The jury awarded Ms. Carroll $5 million in damages. Seven months ago,...

ASUS Announces 2023 Vivobook Classic Series

On April 7, 2023, ASUS introduced five new models in the 2023 Vivobook Classic series of laptops. The top laptops in the series use the 13th Gen Intel® Core™...
EconomyEmploymentUnemployment Held at 5.8%

Unemployment Held at 5.8%

The November jobs report was released today. According to the U.S. Bureau of Labor Statistics, the unemployment rate was unchanged at 5.8 percent and total nonfarm payroll employment increased by 321,000.

Almost one-third of the unemployed are considered long-term unemployed. Unfortunately, “The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2.8 million in November.”

  • Retail trade rose by 50,000
  • Health care added 29,000 jobs
  • Manufacturing added 28,000 jobs
  • Financial activities added 20,000 jobs
  • Transportation and warehousing employment increased by 17,000
  • Food services and drinking places increased by 27,000
  • Construction employment rose by 20,000

Over the year, average hourly earnings have risen by 2.1 percent.

The change in total nonfarm payroll employment for September was revised from +256,000 to +271,000, and the change for October was revised from +214,000 to +243,000. With these revisions, employment gains in September and October combined were 44,000 more than previously reported.
LPH
Layne Heinyhttp://www.layneheiny.com
LPH is a high school physics teacher interested in the Apple iPad and iPhone, Microsoft Surface, Tablet PCs, and other mobile devices. He resides with one large dog who begs for pizza, hamburgers, French fries, and anything else on the dinner table.

Latest news

Related news