State adds jobs, but unemployment rate holds steady
The state added a net jobs in August 3800, the 12th consecutive month of job growth, the state officials said Wednesday.
But the official unemployment rate - which excludes the unemployed who have stopped looking for work and those working less than full-time positions - stubbornly stood at 9.3 percent, the same as the previous month. A year ago, the rate was 9.4 percent.
Companies have the money to hire, but are not hiring because of a fear that consumers will not spend more, said Dave Wallace, acting chief economist for the Ministry of State Security for employment.
Consumer demand, which usually leads to about two-thirds of the U.S. economy is "quite depressed," he said. Nationally, consumer confidence in August was at its lowest level in over two years, while household debt and poverty levels remain high.
Exports and business services employment growth leader in Washington today, he said.
Unemployment in the Seattle-Bellevue-Everett was 8.9 percent last month, the same as in July, according to the State Department of employment security. The national unemployment rate of 9.1 percent has not changed either.
These figures seasonally adjusted underestimate the ranks of the unemployed and the unemployed because they do not include discouraged workers who have left the labor force and part-time workers who can not find full-time jobs.
Under the fullest extent that these people do not understand, the rate of underemployment in Washington over the four quarters ending June 30 was 18.7 percent, an increase of 18.4 percent as of March 31 according to the Federal Bureau of Labor Statistics.
Washington and Oregon are tied for fifth among the states of underemployment. Nevada ranks first at 23.3 percent, followed by California, 21.8 percent.
Companies here might be willing to hire, Wallace said, but "what economists are asking is:" Why are they not? "
Industries that saw job growth in August included manufacturing, up 3,500 jobs, including 600 in aerospace, education services and health, until 2000, information, up to 1800 , construction, until 1400, and retail trade, up to 400.
Unemployment Benifits Are Going Up - News
In most states, unemployed workers can collect benefits for up to 26 weeks. With the economy still struggling to recover from a recession, Obama signed legislation in July that extends benefits for 2.3 million Americans through November.
The Indiana Department of Workforce Development Commissioner, meanwhile, is fired up. "It's just bewildering to me to say that 43 percent of the people drawing unemployment insurance benefits in Indiana should not be paid a thin dime," said
In July, when Ferguson's unemployment benefits ran out, she signed up for public assistance. "I had to swallow my pride," she said. To earn welfare benefits, which include her rent, $200 a month in food stamps, a MetroCard and a payment of $88 every
Given how badly knocked our economy was in the recession, why didn't unemployment go up further? Paul Gregg and Jonathan Wadsworth's brilliant book on "The Labour Market in Winter" looks at why, compared to other countries, Britain had a small increase
Shawn Kehs (Claimant) has filed a pro se petition for review from a decision of the Unemployment Compensation Board of Review (Board) affirming the decision of the Referee denying him unemployment benefits pursuant to Section 402(e) of the Unemployment
Loan No Job » Blog Archive » Is there really any return on ...
The cost of college tuition is so expensive these days and rising inflation, rising unemployment, the economy is diving, and more jobs going overseas is really no advantage to s' into debt with the possibility of ending up with a job that pays only $ 30K-$ 40K per year. Grants and loans to help, but the debt you have when you walk away is overwhelming not to mention that most people do not even end up going for a career in which they graduated.
Best answer:
Answer by Brenda M ~ short answer Yes. and work on ways to avoid debt deep into the process is wise.Going to school is to teach you "how" to think, not what to think (hope that's true of the university / college you choose to attend.
The education of all kinds throughout your life do you benefit. The theme of the debt is a separate contract. There is no need to bury you in debt to become a lifelong learner long.
Add your own answer in the comments!
If money is your main concern, then you should do your research on which degrees are the most money out of college, and have the highest rates on finding a job out of school .
If your money is going to educate you in an area that you will enjoy working in, so it's worth for many people.
If you are looking for something I personally believe that engineering has the highest rating of revenues out of school this year.
You have to understand what is most important to you, and determine the best options are for you.
Good luck!
returns can be negative too, so there is always a return.
~ Short answer yes. and work on ways to avoid debt deep into the process is wise.Going to school is to teach you "what" to think, not how to think (luckily this is not true of the University College / you choose to attend.
The education of all kinds throughout your life do you benefit but the cost of education may outweigh the benefits and the subject of debt is closely related because you have to pay interest on your loan. There is no need to bury you in debt to become a learner long life while living in poverty.
Unemployment Benifits Are Going Up - Bookshelf
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