Skip to main content

Jobs Report

08 Feb 2013

Jobs Report

From AP, “Labor Department reports 157,000 jobs added in January, unemployment rate ticks up to 7.9%.” … After department’s annual revisions, hiring was stronger over the past two years than previously thought. Perhaps the biggest news from the report: The November and December jobs numbers were revised upward — to 247,000 in November and 196,000 in December. NEED TO KNOW: the unemployment rate is calculated from a survey of households, while job gains come from a survey of employers. THANK THE HEALTH CARE INDUSTRY FOR THE ECONOMIC RECOVERY National Journal reports, “Since the recession hit in late 2007, a huge proportion of the new jobs have been in the health sector—hospitals, doctors’ offices and nursing homes. All along, those jobs have been rising at a steady clip, while jobs in all other sectors have seen more dismal performance. New health care jobs made up 14.6% of the total jobs added, and were among the top contributors to the overall gain in employment.” Today’s Bureau of Labor Statistics job report show the trend contributing.

Related Posts

Don’t hate the system just because you don’t respect the decision

This last week has seen several high profile cases decided by the Supreme Court. We...

Washington Report June 30, 2017

Congress is getting out of town for its July 4th recess. ICYMI, for months, the...

WASINGTON REPORT: DECEMBER 11th, 2015

THE CONGRESS SCRAMBLE ... NO CHILD LEFT BEHIND ERA IS OVER ... RUBIO'S QUIET SABOTAGE...