The latest jobs report shows that President Barack Obama presided over a small
dip in the unemployment rate and growth of the jobs market since he
became president in January 2009.
According to the U.S. Bureau of Labor statistics, the number of Americans filing new claims for unemployment insurance dropped last week to the lowest
level since February 2008, which was months prior to the Great
Recession.
The national unemployment rate decreased to 7.8 percent in September from 8.1
percent August with the nation adding 114,000 jobs, according to
figures released today by the Labor Department.
More than half of Illinois’ private sector employees do not have
access to a retirement savings plan through their jobs, according to a
new study released by the Woodstock Institute.
The
Chicago-based nonprofit, a research and policy organization focused on
fair lending, wealth creation, and financial systems reform, analyzed
data from the Bureau of Labor Statistics, the Census Bureau, and the
Employee Benefits Research Institute.
Whether Democrat or Republican, liberal or conservative, the economy
has remained a key issue for many voters over the past two elections.
With
an unemployment rate hovering above 9 percent throughout much of that
time, it is perhaps unusual to hear that employers have been in need of
more workers.
After a few months of relatively rosey job reports, the Labor Department's latest report reveals that the national economy added just 120,000 jobs in March.
More than half of Illinois’ private sector employees do not have
access to a retirement savings plan through their jobs, according to a
new study released by the Woodstock Institute.
Whether Democrat or Republican, liberal or conservative, the economy
has remained a key issue for many voters over the past two elections.