Money Management: A look at the latest DOL employment report

Great for some, good for most, no help for others The Bureau of Labor Statistics, an arm of the U.S. Department of Labor, reported on Dec. 5 that non-farm payroll employment increased by 321,000 in November, and the unemployment rate was unchanged at 5.8 percent. Over the last year the unemployment...

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Bibliographic Details
Published inDaily record (Morristown, N.J. : 1971)
Main Author Murray, Kevin B
Format Newspaper Article
LanguageEnglish
Published Rochester, NY BridgeTower Media Holding Company 09.12.2014
Subjects
Economic conditions
Education
Employment
Recessions
Unemployment
New York
United States > US
North Dakota
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Summary:Great for some, good for most, no help for others The Bureau of Labor Statistics, an arm of the U.S. Department of Labor, reported on Dec. 5 that non-farm payroll employment increased by 321,000 in November, and the unemployment rate was unchanged at 5.8 percent. Over the last year the unemployment rate in New York fell from 7.3 percent to 5.7 percent, while the national rate dropped from 7.0 percent to 5.8 percent. [...]New York went from a higher than the national rate of unemployment to one lower than the national rate over the last year.