The jobless rate of 4.60 % and a job growth of 2.74 % are a people - pleaser along with the much renewed downtown, too.
With a COL 12 % (88) lower than the country's normal score;
a jobless rate of 3.40; and a job growth of 0.64 %, Omaha doesn't fall far from the top.
Further, with
a jobless rate of 4.40 % and a job growth of 0.70 %, accepting a job offer in Des Moines will be a wise decision.
A recent article on Forbes had so many saddening statistics about
the jobless rate of college students and the worthlessness of their degrees that I actually couldn't finish reading it.
In the same way,
its jobless rate of 3.30 % and job growth of 6.13 % help this city make it to the top five.
While the nation's unemployment rate climbed to an alarming 9.5 percent this month, it still pales in comparison to Camden, N.J.'s most recent
jobless rate of 18 percent.
The trend is encouraging, but the number is still way above the national
jobless rate of 5.4 percent.»
Disillusionment with what was once called «the Project» is almost total in the face of grinding austerity, a double - dip recession that has already lasted 18 months and
a jobless rate of 12.2 % and rising.
Economist Jessica Hinds at Capital Economics said there is «still plenty of slack in the labor market» with high
jobless rates of 16.1 percent in Spain, 10.9 percent in Italy and 8.9 percent in France.
The unemployment rate in Giles County, where Pulaski is located, was 4.5 per cent at the end of September, just under both the state and national
jobless rates of 4.6 per cent.
Not exact matches
It can mask weakness in the market if there are large numbers
of discouraged workers, as in the U.S. which now has a lower
jobless rate than Canada despite a poor job creation record.
That suggests ongoing job growth in an economy many regard as near full employment, with the
jobless rate at a 17 - year low
of 4.1 percent.
Though the rebound in growth over the past couple
of years has seen unemployment across the bloc fall, the
jobless rate remains elevated at 8.5 percent.
Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king
of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high
jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.
The first allows those claiming Employment Insurance to earn extra income on top
of their benefits, and the other inflates benefits for claimants in regions with high
jobless rates.
And the improved job market will continue to push the
jobless rate down to 5.4 percent by the end
of next year, according to the latest forecast from the National Association for Business Economics (NABE).
That insight, as obvious as it may seem, conflicts with the Fed's policy
of raising interest
rates preemptively, even as inflation continues to undershoot its target, essentially on concerns that a 17 - year - low 4.1 %
jobless rate may already be beyond what officials consider «full employment.»
Economists doubt the
jobless rate can fall that low again without touching off inflation, as employers are forced to offer higher pay to attract workers from a dwindling supply
of unemployed.
Even if the labour market kept adding 215,000 new net jobs a month, though, it would take until the end
of 2017 for the
jobless rate to drop to 6 %, TD economist Martin Schwerdtfeger noted in a brief today.
The good news here is that the Federal Reserve has pegged its target interest
rate to the unemployment
rate, saying late last year that
rates won't rise until the share
of the
jobless has fallen to 6.5 % (it is now 7.6 %).
When Bernanke's taper talk caused long - term interest
rates to rise much faster than the Fed intended, one
of the ways in which the central banks sought to allay market fears was to stress that it would keep short - term
rates steady until the
jobless rate had reached at least 6.5 %.
-- The pace
of job growth over the past 3, 6, and 12 months is around 190,000 - 200,000, a strong trend that should put downward pressure on the
jobless rate.
The U.S. Bureau
of Labor Statistics (BLS) reported on Friday that the U.S. economy added 80,000 jobs in June, leaving the
jobless rate unchanged at 8.2 %, disappointing analysts and driving the stock market downward even though the data showed that all
of the new jobs came from the private sector.
For the past six months, the
jobless rate has held at 4.1 % while payrolls are up an average
of 211,000 per month, on net.
The interview is a response to last week's announcement that the Fed was embarking on a third round
of quantitative easing that will continue until the economy reaches an unspecified target in the
jobless rate.
Meanwhile the mainstream financial press has been arguing that the virtue
of «
jobless recoveries» is even higher
rates of profitability for corporations.
A version
of this article appears in print on December 3, 2011, on Page A1
of the New York edition with the headline:
Jobless Rate Dips To Lowest Level For Last 2 Years.
Moreover, the low
jobless rate is finally delivering some long - missing bargaining clout to middle - and lower - wage workers, and the last thing those workers need is to fight against the headwinds
of higher interest
rates.
They also saw the
jobless rate falling to 3.6 per cent by the end
of 2019, further below their 4.5 per cent estimate
of unemployment's long - run sustainable
rate.
The
jobless rate plummeted to a nine - year low
of 4.6 percent.
Economists expect the pace
of recovery quickened a bit in the second quarter but not by enough to put steady downward pressure on the
jobless rate.
The central bank also maintained that it continued to expect some pickup in the pace
of the business recovery over the coming quarters, but that it anticipated the
jobless rate would decline only gradually toward the levels that the FOMC judges to be consistent with its dual mandate to foster maximum employment and price stability.
The fall in the
rate came as number
of jobless fell by 141,000 to 13.9 million.
The
jobless rate probably held at a six - year low
of 5.9 percent, the survey showed.
They also saw the
jobless rate falling to 3.6 percent by the end
of 2019, further below their 4.5 percent estimate
of unemployment's long - run sustainable
rate.
Bank
of Montreal chief economist Douglas Porter said that bank appears very patient, with little appetite to move in January despite the near - record low
jobless rate.
Because the decline is being driven by unusual labor - force flows — aging workers retiring, the lure
of government disability payments, discouraged workers and other factors — the
jobless rate is a perplexing indicator
of job - market slack and vigor.
Outlook for Japanese markets Data out
of Japan today: household spending,
jobless rate and retail sales — impact on the markets?
The
jobless rate recorded 8.5 % in February, matching expectations, down from 8.6 % in January and 9.5 % in the same month
of the previous year
Back then, the market worried over issues such as the start and speed
of Fed tapering, discussions
of the timing
of a
rate increase, and an improving
jobless claims number.
«It isn't out
of the realm
of possibilities that we could see a
jobless rate as low as 3.5 percent, last seen in 1969 when the Beatles were still cranking out hits,» he said.
Meanwhile, Spain announced Tuesday that the number
of people registered as unemployed dropped for a fourth consecutive month in June - but the country has a long way to go to bring its
jobless rate down to normal levels.
Among the factors that could cause actual results and outcomes to differ materially from those contained in such forward - looking statements are the following: macro-economic conditions (including fluctuations in housing prices, oil markets,
jobless rates and other indicators), credit market changes and constraints, foreign currency fluctuation, the company's ability to manage its property portfolio, the impact
of labor markets, failure to effectively manage costs or achieve anticipated expense and cost reductions, and disruptions in our supply chain or information technology systems.
Despite the slight rise in greater Chicago's
jobless rate, which was not adjusted for seasonal factors, the number
of jobs in the nine - county area grew by 11,000 in November, to 4.15 million, the state agency said.
The
jobless rate in metropolitan Chicago dropped in April to 4.0 percent, the lowest
rate since the metro area was expanded in 1990, the Illinois Department
of Employment Security said.
None
of the
jobless rates are adjusted for seasonal factors.
Youth unemployment also soared in this quarter, with 991,000 16 - 24 year olds now out
of work, making the
jobless rate hit a record high
of 21.3 % among this age group.
New figures released by the state Department
of Labor shows that Rockland's unemployment
rate of 4 percent puts Rockland among the 10 lowest
jobless rates in New York.
In 2012, the
jobless rate for July hit a peak
of 7.8 percent, the highest for the month in the past two decades.
The state's
jobless rate in April was 4.6 percent, according to the state Department
of Labor, the lowest level since before the recession.