The Corner

Economic News

From a Joint Economic Committee release:

June Employment and Unemployment: The Bureau of Labor Statistics (BLS) released a report today on employment and unemployment for June (BLS pdf summary available [here].).

Highlights of the report:

· Non-farm payroll employment increased by 121,000 net new jobs in June.

· In the past 34 consecutive months with payroll job gains, over 5.4 million new jobs have been created.

· Over the year ending in June, 1.85 million net new payroll jobs have been created.

· The unemployment rate (calculated from the household survey of employment) remained at 4.6% in May.

o At 4.6 percent, the unemployment rate is well below the recent peak of 6.3 percent in June 2003 and below the averages of the 1960s, 1970s, 1980s, and 1990s.

· Average hourly earnings increased by 8 cents in June and have risen over the past year by 3.9 percent.

Most Popular

There Is No COVID Plan

The 2020 campaign for president has been surprisingly empty of substance since Joe Biden became the nominee. The Republicans notably didn’t even bother updating their party platform. Donald Trump’s team has spent many of the last days of the campaign making personal attacks, focused on the alleged financial ... Read More

There Is No COVID Plan

The 2020 campaign for president has been surprisingly empty of substance since Joe Biden became the nominee. The Republicans notably didn’t even bother updating their party platform. Donald Trump’s team has spent many of the last days of the campaign making personal attacks, focused on the alleged financial ... Read More
Elections

What Trump Needs to Win

On the menu today: walking through President Trump’s not-so-implausible route to 270 electoral votes, state by state, and taking a look at the gubernatorial races this year -- where GOP candidates from deep red states to a few blue ones are polling considerably ahead of Trump this cycle; and how the country ... Read More
Elections

What Trump Needs to Win

On the menu today: walking through President Trump’s not-so-implausible route to 270 electoral votes, state by state, and taking a look at the gubernatorial races this year -- where GOP candidates from deep red states to a few blue ones are polling considerably ahead of Trump this cycle; and how the country ... Read More