Jobs

4:37am

Sat May 5, 2012
Economy

On Jobs, Bad News Is Bad. The Good News Is Bad, Too

Originally published on Sun May 6, 2012 8:26 am

People wait in a line at a job fair on April 10, 2012, in Gresham, Ore. Employment grew by 115,000 last month, but the unemployment rate dip was likely due to people leaving the workforce rather than people getting hired, analysts say.
Rick Bowmer AP

For the second month in a row, weak job growth numbers unsettled nerves in the White House and on Wall Street.

It's obvious why the number of jobs added to the economy in April was disappointing. Employment grew by just 115,000. That followed a disappointing job gain in March. Together, the March and April average was only about half the 250,000 jobs added monthly in December, January and February.

Again, economists suggested the warm winter weather might have boosted job growth during the winter months, which left fewer jobs to be added in the spring.

Read more

1:28pm

Fri May 4, 2012
It's All Politics

Surprising No One, Obama, Romney Don't Agree On Meaning Of April Jobs Stats

Originally published on Fri May 4, 2012 2:57 pm

Justin Wolfers, an economist known for, among other things, his sardonic wit, may have made the best comment of the day on the heels of the April jobs report out Friday. He tweeted:

"The worst part of today's jobs report? It provides just enough inane talking points for both sides of politics."

Read more

6:40am

Fri May 4, 2012
The Two-Way

Just 115,000 Jobs Added Last Month, But Jobless Rate Dipped To 8.1 Percent

Originally published on Fri May 4, 2012 7:58 am

A sign earlier this month in New York City's Queens borough.
Stan Honda AFP/Getty Images

The nation's jobless rate edged down to 8.1 percent in April from 8.2 percent in March, but just 115,000 jobs were added to private and public payrolls, the Bureau of Labor Statistics reports.

The job growth was well below expectations and has raised new questions about the strength of the U.S. economy.

We'll add more to this post as we read through the report and gather reactions and analysis. So be sure to hit your "refresh" button to get our latest updates.

Read more

4:28am

Fri May 4, 2012
NPR Story

The Politics Of Unemployment Data

Originally published on Fri May 4, 2012 10:30 am

Transcript

DAVID GREENE, HOST:

This MORNING EDITION from NPR News. Good morning, I'm David Greene.

Read more

3:37pm

Thu May 3, 2012
Planet Money

What American Women Do For Work

Originally published on Thu November 1, 2012 4:09 pm

Lam Thuy Vo / NPR

Forty years ago, only 1 in 3 American workers was a woman. Today, it's 1 in 2.

You know this already. But it raises interesting, subtler questions: What jobs did all those women get? And how did the gender breakdown change by industry over the past 40 years?

This graph answers those questions.

It shows how the gender breakdown changed in major sectors of the economy between 1972 and 2012.

The size of the circles shows how some sectors grew to include a larger share of the workforce, while others shrank in relative terms.

Two main themes jump out here.

Read more
Tags: 

Pages