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Economy Gains 155,000 Jobs in November; Unemployment Unchanged at 3.7% Economy Gains 155,000 Jobs in November; Unemployment Unchanged at 3.7% The U.S. economy gained 155,000 jobs in November, and unemployment was unchanged at 3.7%, according to figures released this morning by the U.S. Bureau of Labor Statistics. The labor market can be a leading indicator for the economy. Soft wage growth has been accompanied by weaker auto sales than typical for this low level of unemployment, leading General Motors to plan plant closings, and slowing home sales point to stresses for workers and the household sector of the economy. The Federal Reserve needs to move with great caution and hold off on more rate increases. In response to the November job numbers, AFL-CIO Chief Economist William Spriggs tweeted:
#JobReport Payroll employment up 155,000 in November, unemployment rate steady at 3.7% Over the year, wages were up 3.1% not impressive enough numbers for the @federalreserve to maintain increasing interest rates @AFLCIO— William E. Spriggs (@WSpriggs) December 7, 2018
#JobsReport Labor Force Participation rates remain flat overall, the Black and white rates remain similar, both near 62.2% for Blacks 62.9% for whites. @AFLCIO @rolandsmartin pic.twitter.com/1s8Rt1wCA4— William E. Spriggs (@WSpriggs) December 7, 2018
A look at the question of structural unemployment issues: unemployment rate falls for high school dropouts to 5.6%, and high school grads to 3.5%, while it edges up for college (less than bachelors) 3.0 to 3.1 and bachelor's (or more) 2.0 to 2.2% #JobsReport @AFLCIO— William E. Spriggs (@WSpriggs) December 7, 2018
A look at structural unemployment questions: Here's the recent history of unemployment rates for computer related occupations--very strong cyclical component and little different from just college educated workers, generally. #JobsReport @AFLCIO pic.twitter.com/49hbSKJQiA— William E. Spriggs (@WSpriggs) December 7, 2018
#JobsReport A quick graphical summary of job gains (losses) by industry and earnings (thanks @BLS_gov ) only losing industries were above average wages, biggest gains were below average wage industries @AFLCIO pic.twitter.com/EqkxniZ6cd— William E. Spriggs (@WSpriggs) December 7, 2018
We won't grow as a nation if we don't increase public investment in education, these declines in state and local education are not good signs for the future @AFTunion @AFLCIO @AFSCME #JobsReport pic.twitter.com/Rx7URL4jgo— William E. Spriggs (@WSpriggs) December 7, 2018
GM layoffs are yet to come, but auto sector already shows weakness, down 800 in November and 1,800 over the year, @UAW @AFLCIO #JobsReport This is an interest sensitive industry the @federalreserve needs to be watching more closely— William E. Spriggs (@WSpriggs) December 7, 2018
Bad sign, @IWPResearch @HeidiatIWPR : Last month, more unemployed women dropped out of the labor force (811.000) than found work (731,000) -- reversing recent trend and opposite the success of men #JobsReport @AFLCIO https://t.co/IPzxmzhpO2— William E. Spriggs (@WSpriggs) December 7, 2018
Last month's biggest job gains were in health care (32,000), professional and business services (32,000), manufacturing (27,000), transportation and warehousing (25,000) and retail trade (18,000). Employment in other major industries—including mining, construction, wholesale trade, information, financial activities, leisure and hospitality, and government—showed little change over the month. Among the major worker groups, the unemployment rates for teenagers (12%), blacks (5.9%), Hispanics (4.5%), adult women (3.4%), whites (3.4%), adult men (3.3%) and Asians (2.7%) showed little or no change in November. The number of long-term unemployed (those jobless for 27 weeks or more) declined slightly in November and accounted for 20.8% of the unemployed. Kenneth Quinnell Fri, 12/07/2018 - 11:32 — Dec 7 -
State of the Unions: The Working People Weekly List State of the Unions: The Working People Weekly List AFL-CIO Every week, we bring you a roundup of the top news and commentary about issues and events important to working families. Here’s this week’s Working People Weekly List. ‘State of the Unions’ Podcast with Brad Markell: ‘What’s Wrong with GM’: “Recently, the AFL-CIO launched another tool to bring you the issues and stories that matter to working people. In the latest episode of our podcast, ‘State of the Unions,’ we talk to longtime UAW member and AFL-CIO Industrial Union Council Executive Director Brad Markell about General Motors’ recent decision to close five North American plants, costing up to 14,000 workers their jobs.” Remembering George H.W. Bush’s Commitment to Public Service: “President George H.W. Bush will be laid to rest at a state funeral today. Remembrances have been flowing in from across the political spectrum, but one thing we all can agree on is that Bush lived a life that was devoted to public service, not only for himself, but for those who answered his call for all of us to help our fellow Americans.” Stop the Lame-Duck Power Grabs: “After losing the top offices in Wisconsin and Michigan, anti-worker legislators are trying to strip powers from Govs.-elect Tony Evers and Gretchen Whitmer, respectively—before they are even sworn in. Doing so would have enormous negative consequences for working people in both states. We must stop these outrageous lame-duck power grabs.” Infrastructure Matters. It’s Time to Get Serious About Funding It: “One hundred billion dollars is a lot of money. With that much cash you could buy four Starbucks lattes for every living human on the planet. (That’s 33 billion lattes in total, if you’re counting.) If coffee is not really your thing, consider buying every single NFL team three times over. Don’t like sports? You and the record-holding Powerball winner can compare piles of cash and together marvel at how yours is 63 times taller.” Tuesday’s Gone, But Don’t Stop Giving: What Working People Are Doing This Week: “Welcome to our regular feature, a look at what the various AFL-CIO unions and other working family organizations are doing across the country and beyond. The labor movement is big and active—here’s a look at the broad range of activities we’re engaged in this week.” ‘State of the Unions’ Podcast with Richard Trumka: ‘I’ve Never Been More Optimistic’: “Recently, the AFL-CIO launched another tool to bring you the issues and stories that matter to working people. Welcome to the latest episode of our podcast, ‘State of the Unions,’ where we talk to AFL-CIO President Richard Trumka about the midterm elections and the future of the labor movement.” The U.S. Mail Is Not for Sale: “The American Postal Workers Union (APWU) just released a new ad in support of its U.S. Mail Not for Sale campaign. The campaign is a worker-led effort that brings together working people, elected officials and member organizations of A Grand Alliance to Save Our Public Postal Service to fight plans to privatize the U.S. Postal Service.” Kenneth Quinnell Fri, 12/07/2018 - 10:01 — Dec 7
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‘State of the Unions’ Podcast with Brad Markell: ‘What’s Wrong with GM’ ‘State of the Unions’ Podcast with Brad Markell: ‘What’s Wrong with GM’ AFL-CIO Recently, the AFL-CIO launched another tool to bring you the issues and stories that matter to working people. In the latest episode of our podcast, “State of the Unions,” we talk to longtime UAW member and AFL-CIO Industrial Union Council Executive Director Brad Markell about General Motors’ recent decision to close five North American plants, costing up to 14,000 workers their jobs. “State of the Unions” captures the stories of workers across the country. It’s hosted by two young and diverse members of the AFL-CIO team: Mobilization Director Julie Greene and Executive Speechwriter Tim Schlittner. A new episode will drop every other Wednesday featuring interesting interviews with workers and our allies across the country, as well as compelling insights from the podcast’s hosts. Listen to our previous episodes:
- Discussing the midterms and the future of labor with AFL-CIO President Richard Trumka.
- Our midterm recap with Rep. Conor Lamb from Pennsylvania.
- Talking about union members in office with Mayor Dahlia Vertreese of Hillside, New Jersey.
- An interview with Dr. Mona Hanna-Attisha, the Flint, Michigan, water crisis whistleblower.
- Inaugural episode where you can learn about hosts Julie and Tim.
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Remembering George H.W. Bush's Commitment to Public Service Remembering George H.W. Bush's Commitment to Public Service Wikimedia Commons President George H.W. Bush will be laid to rest at a state funeral today. Remembrances have been flowing in from across the political spectrum, but one thing we all can agree on is that Bush lived a life that was devoted to public service, not only for himself, but for those who answered his call for all of us to help our fellow Americans. George Herbert Walker Bush was born in 1924 in Milton, Massachusetts. As a high-school senior when the attack on Pearl Harbor happened, Bush was inspired to join the U.S. Navy after graduation and he became the youngest U.S. Navy pilot in the country. During the war, he flew 58 combat missions in the Pacific theater, earned the rank of lieutenant and received three Air Medals and the Distinguished Flying Cross for his service. After returning home, he finished his Bachelor of Arts at Yale before moving into the oil industry. By the time the 1960s had arrived, Bush entered politics; and in 1962, he was named chair of the Texas Republican Party. After several failed attempts to win a U.S. Senate seat, Bush was elected to the U.S. House of Representatives in 1966. After a successful re-election campaign, President Richard Nixon asked him to run for the U.S. Senate, but the bid was unsuccessful. Nixon appointed Bush as ambassador to the United Nations. Once Gerald Ford became president, Bush was named envoy to China before returning to the United States to be the director of central intelligence. In 1980, he ran for president and lost, but was chosen as vice president by Ronald Reagan and served two terms in that role before successfully winning the presidency in 1988. While in the White House, he worked with the Mine Workers (UMWA) and then-UMWA President Richard Trumka to sign the Coal Act, which guaranteed health care to more than 120,000 retired miners. He also signed the landmark Americans with Disabilities Act. From the end of his one term as president through his death at 94, he turned his focus toward inspiring others to pursue public service through his Points of Light Foundation. He also worked with former President Bill Clinton to raise funds in the wake of natural disasters such as the 2004 southeast Asian tsunami. While we didn't agree with all of his policy positions, we would like to thank President Bush for his lifelong commitment to public service and for inspiring that devotion in many other Americans. Kenneth Quinnell Wed, 12/05/2018 - 09:00 — Dec 5
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Stop the Lame-Duck Power Grabs Stop the Lame-Duck Power Grabs Wisconsin AFL-CIO After losing the top offices in Wisconsin and Michigan, anti-worker legislators are trying to strip powers from Govs.-elect Tony Evers and Gretchen Whitmer, respectively—before they are even sworn in. Doing so would have enormous negative consequences for working people in both states. We must stop these outrageous lame-duck power grabs. Wisconsin lawmakers are rushing through proposals that would:
- Strip key power and authority from Gov.-elect Evers and incoming Attorney General Josh Kaul before they take office.
- Lock the state into a misguided lawsuit challenging the Affordable Care Act.
- Make it harder to vote.
- Lower hardworking construction workers’ pay by limiting the number of transportation projects subject to federal prevailing wage standards.
- Transfer powers from the governor’s and attorney general’s offices to the legislature.
- Remove the secretary of state from overseeing the state’s campaign finance laws and establish a six-person commission with nominees chosen by the state’s political parties.
- Weaken new minimum wage and sick time initiatives.
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