Yet another economic component the Great Recession negatively impacted shows signs of improvement. The revised, fourth-quarter 2015 GDP of 1.4% outpaced estimates and finished the year on a decided upswing.
The momentum of 2015 has continued into 2016, with consumer spending up -- albeit at a small rate -- per Gallup survey data.
So what does that mean for the job market?Read More
Positives can and should be gleaned from improved labor market numbers, but a return to pre-recession employment percentages do not indicate a complete recovery from the worst economic slump since the Great Depression.
Reintegrating workers who stopped looking or couldn't look for employment altogether is the next phase in the job market recovery, which Five Thirty Eight's Ben Casselman addresses in his column.Read More
U.S. Department of Labor employment numbers for February 2016 far exceeded economist expectations. The labor market added around 242,000 jobs for the month, more than 50,000 than the month's projection. Revisions to the December and January totals were also announced Friday.
Despite stock market turbulence and tumbling oil prices -- or perhaps because of those factors -- the strong February hiring numbers are the best indicator yet that the 2016 job market is friendly to seekers.Read More
Despite employment gains below projections, U.S. unemployment through January 2016 is below 5% for the first time since the great recession began in 2008. The first Bureau of Labor Statistics (BLS) jobs report of 2016 has some other interesting information, as well.
A Reuters poll of economists projected January growth around 190,000. The reported 151,000 fell below that mark, but comfortably exceeded the 100,000 barrier Federal Reserve Chair Janet Yellen said in December were necessary each month of 2016. to stay on pace with the working-age population.Read More
Dream of spending your workday basking in the glow of stars? Perhaps you wanted to work with or near celebrities, without being in the spotlight yourself. Get close to celebrities with a career in child or animal care, fundraising or public relations.
The possibilities for working in proximity to celebrities span a diverse spectrum of careers. Some have direct involvement with celebrities themselves, and their work.Read More