Unemployment rate up, but so is the local labor force

Contributors

Waynesboro’s unemployment rate shot past the 9 percent barrier in January, and unemployment across the Greater Augusta region was up significantly across the board, according to data released by the Virginia Employment Commission on Friday. But continue reading below the fold here, because I think I might have noticed something unusual, to say the least,…

Unemployment, underemployment rates up again

Contributors

Nearly 2 million Americans have lost jobs in the past three months, the U.S. Department of Labor is reporting this morning, pushing the nation’s unemployment rate to 7.6 percent. All told, 11.6 million Americans are now listed as unemployed. Another 7.8 million people seeking full-time work are working part-time, a population that has grown 3.1…

Business and Economy: Unemployment rate remains at 6.1 percent

Chris Graham

Story by Chris Graham [email protected] Unemployment held at 6.1 percent in September, completing a 12-month cycle that saw the ranks of the unemployed grow by 2.2 million Americans. Among the interesting tidbits in the data released by the U.S. Department of Labor this morning: – The number of long-term unemployed (those jobless for 27 weeks…

White House ’08: Unemployment on the rise, and candidates respond

Contributors

Story by Chris Graham [email protected] Another key measure of economic performance appears to show the continued effects of slowdown. The national unemployment rate rose four-tenths of a percent in August, topping the 6 percent mark, the Bureau of Labor Statistics reported today. Employment fell in the manufacturing and employment-services sectors, with gains in the mining…