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Tag Archives: Employment

Unemployment Rate Falls Year-Over-Year in 42 States, D.C.

Though regional and state unemployment rates changed little from September to October, 42 states and the District of Columbia saw year-over-year declines in their respective unemployment rates, according to the October 2014 Regional and State Employment and Unemployment report released by the U.S. Bureau of Labor Statistics (BLS).

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Unemployment Rate Low, But Number of Americans ‘Not in Labor Force’ Near All-Time High

The October 2014 Employment Situation Summary released by the U.S. Bureau of Labor Statistics (BLS) on November 7 reported a nationwide unemployment rate of 5.8 percent, the lowest level in more than six years. However, a report released recently by the Pew Research Center indicates that while the U.S. unemployment rate is low, the number of people who are "not in the labor force," meaning they are not counted among the unemployed in the BLS survey, is near an all-time high.

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Report: Consumer Confidence Recovers in October

At the moment, Americans' view of business conditions are mixed, with increases in both the number saying the business environment is currently good and those saying conditions are bad. On the jobs front, attitudes are slightly more positive: The share of consumers saying jobs are plentiful ticked up to 16.5 percent, while those saying jobs are hard to get fell marginally to 29.1 percent.

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Freddie Mac: Housing Market Loses Ground

Of the four indicators tracked, only the employment gauge was in a stable spot, falling half a percent to 92.9 as the economy continues to show strong job growth. Among the other three, payment-to-income ratios and mortgage delinquency improved over the month, climbing to readings of 69.3 and 66.4, respectively.

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