Sep 02 The economy is steadily improving, but wages aren’t. Could unions be the answer? By Kristen Doerer The U.S. economy added 151,000 jobs in August, but wages barely increased. Continue reading
Aug 05 July was another stellar month for jobs By Kristen Doerer The U.S. economy added 255,000 jobs in July, building on the 292,000 jobs created in June, and the unemployment rate remained unchanged at 4.9 percent. Continue reading
Jul 08 After pitiful May jobs report, the U.S. adds a whopping 287,000 jobs in June By Kristen Doerer The U.S. economy added a whopping 287,000 jobs in June, giving economists and American workers something to smile about. Continue reading
Jun 03 Watch 4:49 Why hiring is at five-year low and the economy is stalling By PBS News Hour According to a new report from the Labor Department, U.S. hiring fell to a five year low in May, with just 38,000 new jobs. Even if those numbers are off, the last quarter shows a similarly disturbing trend: 115,000 jobs… Continue watching
Jun 03 May’s pitiful jobs report ends hopes for June rate hike By Kristen Doerer The U.S. economy added a mere 38,000 jobs in May (and no, that is not a typo). Continue reading
May 06 Job gains fall short, but wages see upswing By Kristen Doerer The U.S. economy added 160,000 jobs in April, and the unemployment rate remained at 5 percent. Continue reading
Apr 01 The unemployment rate ticked up to 5 percent. Here’s why that’s a good thing By Kristen Doerer “The unemployment rate can tick up for two reasons. One is weak jobs, and the other is more people coming back into the labor force,” said economist Nariman Behravesh. Continue reading
Mar 04 Our intractable problem: wages By Kristen Doerer The U.S. economy added 242,000 jobs in February, and the unemployment rate remained unchanged at 4.9 percent. Wages, however, fell. Continue reading
Feb 05 Watch 5:32 News Wrap: Unemployment falls to 8-year low, but job growth slows By PBS News Hour In our news wrap Friday, while the U.S. unemployment rate dropped to 4.9 percent in January -- its lowest level in eight years -- the Department of Labor said that only 151,000 new jobs were added to the economy, a… Continue watching
Feb 05 Unemployment is down to 4.9 percent. So why are wages rising so slowly? By Kristen Doerer The U.S. economy added 151,000 jobs in January, and the unemployment rate inched down to 4.9 percent. Wages may have risen by 12 cents in January, but over the year, wages have only increased 2.5 percent. Continue reading