Jobs and Unemployment

Facts on Marcellus Shale Jobs and Taxes

Last night, the House of Representatives passed a budget plan for 2014-15.  However, how this plan is paid for is still a mystery. One commonsense idea that could still be included in the budget is the passage of severance tax on natural gas drillers. For 2014-15 a 5% tax could raise over $400 million in new funds above the current impact fee.  This could go a long way in restoring funding cut out of the House budget plan.  

This is what the business lobby looks like on drugs

I just read this Mother Jones story on a letter from the National Association of Mutual Insurance Companies (NAMIC) that focuses on whether or not auto insurance is affordable for low income consumers.  In making the case for the affordability of the auto insurance products of its members, NAMIC quoted statistics from the Consumer Expenditures Survey:

Robust Pennsylvania Job Growth in May But Long-Term Picture Little Changed

The Pennsylvania employment situation report, released today by the Bureau of Labor Statistics, showed that the number of “jobs” in Pennsylvania – nonfarm payroll employment as measured by a survey of employers – grew by a robust 24,700 in May, and the state unemployment rate fell by one-tenth of a percentage point to 5.6 percent. The job jump in May was enough to improve PA’s long-term job-growth ranking – but only by one place, to 48th out of the 50 states going back to January 2011.

The Long Crawl Towards Full Employment Continued in May

The Bureau of Labor Statistics (BLS) reported last Friday that total nonfarm employment increased by 217,000 in May, following a 282,000 increase in April.  So far this year, 214,000 jobs have been created on average each month, compared to a 204,000 average monthly gain during the same time period in the previous year. The nation’s official unemployment rate remained unchanged from last month at 6.3%. The Labor Force Participation Rate and the Employment-to-Population ratio remained unchanged in May.  

Putting the April Jobs Report in Context

The Bureau of Labor Statistics reported today that nonfarm payrolls grew by 10,000 jobs and the unemployment rate fell to 5.7% in April.

Resident Unemployment

Over the month, the labor force was essentially unchanged as the number of residents reporting employment rose by 0.4% and the number reporting they were unemployed fell by 5.6%.

Pittsburgh: One of America's New Laboratories of Democracy

My colleague Diana Polson brought my attention to Harold Meyerson's new story in The American Prospect highlighting Pittsburgh as a city with exciting young progressive political leadership and labor-community alliances (e.g., Pittsburgh United). Pittsburgh deserves the credit as do councilwoman Natalia Rudiak, Mayor Peduto, and SEIU 32BJ, which received shout outs in the story.

PA Payrolls Essentially Unchanged in January But Jobless Rate Falls to 6.4%

Today was an unusual first Friday of the month as we got both a national release of job numbers for February and a Pennsylvania jobs release for January.

Both reports were a mixed bag:

  • National payrolls grew a bit faster than expectations, but the unemployment rate climbed to 6.7% in February.
  • Pennsylvania payrolls grew by a disappointing 500 jobs in January, but the unemployment rate declined four-tenths of one percentage point to 6.4%.

PA Job Growth Slows Once Again in 2013

By several measures, Pennsylvania’s economic recovery is still limping along. That is the essential finding of a new policy brief from the Keystone Research Center examining Pennsylvania job growth since the recession ended.

Job growth in the state has slowed steadily over each of the past three years with only about a quarter of the number of jobs created in 2013 as in 2010, the first full year of the economic recovery.

Another Reality Check on PA Marcellus Shale Employment

For quite some time now, we have been putting out jobs data explaining that drilling in the Marcellus Shale has produced far fewer new jobs than the industry and its supporters claim. Well, now you don't have to listen to us; a team of economists from the U.S. Bureau of Labor Statistics (BLS) is out with a study confirming what we have been saying all along.

Towards a Moral Economy: Is NOW the time?

The Moral March: Photo from ThinkProgress.orgThe Philadelphia Daily News' Will Bunch had an uplifting column this past Sunday on Saturday's "Moral March" in Raleigh, N.C. It was the South's largest protest march since Dr. Martin Luther King and the Selma-to-Montgomery march in 1965.

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