Bureau of Labor Statistics

Is job growth really rebounding?

Is job growth really rebounding?

U.S. employment likely rebounded in January after being held back by cold weather the prior month, which would offer assurance that economic growth was not faltering. Nonfarm payrolls are expected to have increased by 185,000 last month, according to a Reuters survey of economists, with the jobless rate seen holding at a five-year low of […]

Hike in jobs numbers defied government shutdown

Hike in jobs numbers defied government shutdown

The government shutdown may have affected October’s jobs numbers. But not how you think. For weeks, the White House had been bracing for a bad report on hiring. Like pregame analysts ahead of a lopsided sports match, White House economists and aides lowered expectations and blamed October’s partial government shutdown for the inevitable bad news […]

No COLA again for Social Security recepients

No COLA again for Social Security recepients

As if voters don’t have enough to be angry about this election year, the government is expected to announce this week that more than 58 million Social Security recipients will go through another year without an increase in their monthly benefits. It would mark only the second year without an increase since automatic adjustments for […]