Tue, 05 Apr 2011 16:23:10 -0500
One encouraging feature of the labor market recovery so far has been its breadth, with job growth spanning many industries throughout the private sector. A picture is worth a thousand words, and on that note it’s probably easiest to see what I mean. The chart below shows the change in employment by industry between March 2010 [...]
One Year
Tue, 05 Apr 2011 09:19:25 -0500
One year ago today, in West Virginia, 29 men died in the worst mine disaster in 40 years. Wives lost husbands. Parents lost sons. Children lost fathers. Neighbors lost friends. And a community lost a big part of its soul. Since that day, I have been convinced that the best way to honor these men [...]
Behind the Numbers: Calculating the Unemployment Rate
Mon, 04 Apr 2011 18:09:55 -0500
A lot of people noticed when the unemployment rate fell to 8.8 percent in March, but not everyone knows how that rate is determined. For instance, many people think that you have to receive unemployment insurance (UI) benefits in order to be counted as unemployed, which is not the case. So, to clear up any [...]
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