Menu
Share
Share this story
Close X
 
Switch to Desktop Site

Unemployment rate shows US 'upturn is nothing great'

Next Previous

Page 2 of 4

About these ads

Summers are traditionally not the strongest time for hiring, which often picks up in the fall or early winter. In June, the total non-farm payrolls dropped by 221,000, once again because many part-time census workers had finished their work. August is not expected to show major gains because it’s the time of year when many municipalities begin to implement their new budgets, which this year are shrinking.

In fact, according to the web site, DailyJobCuts.com, many municipalities are beginning August with pink slips. For example, Dallas is laying off 500 workers; Neosho, Mo., will shed 22 police and fire fighters; and Romulus, Mich., says it may have to layoff 32 police, firemen, and emergency medical services personnel to balance its budget.

Senate passes jobs bill

However, this week the US Senate passed legislation that will result in the hiring or retention of more than 140,000 teachers. This may start to show up in the August and September data.

Next Previous

Page 2 of 4


Follow Stories Like This
Get the Monitor stories you care about delivered to your inbox.

Loading...