Economy Gains 148,000 Jobs in December, Unemployment Unchanged at 4.1%

Tim Schlittner AFL-CIO

The U.S. economy gained 148,000 jobs in December, and unemployment was unchanged at 4.1%, according to figures released this morning by the U.S. Bureau of Labor Statistics.

This continues the recovery of the labor market at a tempered rate, which means the Federal Reserve’s Federal Open Market Committee should continue to let the economy grow and not raise interest rates.

In response to the December jobs numbers, AFL-CIO Chief Economist William Spriggs tweeted:

Last month's biggest job gains were in health care (31,000), construction (30,000) and manufacturing (25,000).

Among the major worker groups, the unemployment rate for teenagers (13.6%) declined in December. The jobless rates for adult men (3.8%), adult women (3.7%), whites (3.7%), blacks (6.8%), Asians (2.5%) and Hispanics (4.9%) showed little or no change. 

The number of long-term unemployed (those jobless for 27 weeks or more) was little changed in December and accounted for 22.9% of the unemployed.

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Reposted from AFL-CIO

Posted In: Allied Approaches, From AFL-CIO

Union Matters

He Gets the Bucks, We Get All the Deadly Bangs

Sam Pizzigati

Sam Pizzigati Editor, Too Much online magazine

National Rifle Association chief Wayne LaPierre has had better weeks. First came the horrific early August slaughters in California, Texas, and Ohio that left dozens dead, murders that elevated public pressure on the NRA’s hardline against even the mildest of moves against gun violence. Then came revelations that LaPierre — whose labors on behalf of the nonprofit NRA have made him a millionaire many times over — last year planned to have his gun lobby group bankroll a 10,000-square-foot luxury manse near Dallas for his personal use. In response, LaPierre had his flacks charge that the NRA’s former ad agency had done the scheming to buy the mansion. The ad agency called that assertion “patently false” and related that LaPierre had sought the agency’s involvement in the scheme, a request the agency rejected. The mansion scandal, notes the Washington Post, comes as the NRA is already “contending with the fallout from allegations of lavish spending by top executives.”

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Corruption Coordinates

Corruption Coordinates