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OZY and JPMorgan Chase & Co. have partnered to bring you an inside look at how entrepreneurs are coming up with innovative methods to help the communities around them. Enjoy the rest of our special series here. If you’ve ever been unemployed, you’re probably familiar with the particular kind of demoralization that comes with a […]
The U.S. economy added 222,000 jobs in June, the Labor Department said Friday, and the unemployment rate was little changed at 4.4 percent. Economists surveyed by Reuters had expected the addition of 179,000 jobs. The jobless rate was a slight increase over last month’s 4.3 percent rate, a 15-year low. The average hourly wage grew […]
THAT central banks cannot endlessly reduce unemployment without sparking inflation is economic gospel. It follows from “a substantial body of theory, informed by considerable historical evidence”, according to Janet Yellen, chair of the Federal Reserve. Her conviction explains why, on June 14th, the Fed raised interest rates by a quarter of a percentage point, to […]
The Trump administration is touting the new jobs report from the Bureau of Labor Statistics. Indeed there is tout-worthy material. Although the pace of job creation has slowed, the unemployment rate is now at its lowest point since March 2001. Rather remarkably, it is lower now than in any single month in the quarter-century between […]
The U.S. economy added 138,000 jobs last month, the Department of Labor said Friday, and the unemployment rate fell to 4.3 percent. Additionally, the department said, the average hourly wage grew by 0.2 percent, climbing 2.5 percent year over year. The figures offer a mixed picture of the economy: On the one hand, economists had […]
GBP continues to struggle against the single currency even with the release of encouraging data out of the UK this week. The pound is buying €1.16 after sliding from €1.17 yesterday. Yesterday the unemployment rate was reported at the lowest level seen in more than four decades. The jobless total fell by 53,000 to 1.54 million […]
HEART failure is most common in older people, but those of working age are increasingly suffering due to employment-related stresses. Daily Express :: Health Feed
Scientists assessed more than 21,000 heart failure patients and found joblessness was linked with a greater likelihood of death than a history of diabetes or stroke. The team believes unemployment status should now be taken into account for heart failure patients. Study leader Dr Rasmus Roerth, of Copenhagen University Hospital, said: “The ability to hold […]
BEING unemployed could raise the risk of death for heart failure patients by up to 50 per cent, a study claims. Daily Express :: Health Feed
On the evening of September 1, 2011, I had the unpleasant task of delivering the confidential August jobs report to President Obama before it would be made public the next day. “I don’t like the look on your face,” I remember the president saying to me in the Oval Office. “The job number is zero,” […]
