Labor force numbers:

66.15 million (2008 estimate)
country comparison to the world: 9

Labor force – by occupation:

agriculture: 4.4%
industry: 27.9%
services: 66.4% (2005)

Unemployment rate:

4.2% (2008 estimate)
country comparison to the world: 51
3.8% (2007 estimate)

Household income or consumption by percentage share:

lowest 10%: 4.8%
highest 10%: 21.7% (1993)

Distribution of family income:

Gini index: 38.1 (2002)
country comparison to the world: 74

Carman: Family’s quest to help undocumented Coloradans began long ago, when Mexico saved 6 Jewish refugees
Mark Newhouse created Left Behind Workers Fund to send $38 million to people who could not legally collect government aid during the pandemic ...
Posted: January 25, 2023, 1:41 pm
U.S. unemployment rate down to 3.5% for December
Utah, at 2.2%, had the lowest jobless rate in December. Utah was followed by North Dakota and South Dakota. The unemployment rate for both was 2.3%. Nevada, at 5.2%, had the highest unemployment rate.
Posted: January 25, 2023, 5:57 am
Report: $45 billion in US pandemic unemployment claims flagged as potentially fraudulent
A new government report released Monday verified at least $4.3 billion in fraudulent unemployment claims during the COVID-19 pandemic and said the total could be 10 times that or more. Responding ...
Posted: January 25, 2023, 5:42 am
Unemployment benefit fraud possibly topped $60 billion during pandemic, GAO says
Unemployment insurance benefits fraudulently obtained during the COVID-19 pandemic have possibly reached $60 billion, according to a report from the United States Government Accountability Office ...
Posted: January 25, 2023, 2:53 am
Unemployment unchanged in December
RALEIGH, N.C. (WNCT) – The state’s seasonally adjusted unemployment rate was unchanged from November to December, according to the NC Department of Commerce. The December 2022 unemployment ...
Posted: January 24, 2023, 12:18 pm
China’s Economic Model Is in Crisis (and Xi Knows It)
COVID exacerbated the imbalances in China’s economy. But the Chinese Communist Party hasn’t found the political will to correct them.
Posted: January 24, 2023, 9:29 am
State Labor Department must deal with unemployment insurance fraud
There are more questions than answers regarding the alarming pandemic-related unemployment insurance fraud that occurred across New York. So a House Oversight Committee investigation will be a ...
Posted: January 24, 2023, 9:24 am
Frictional Unemployment: Causes, Examples and More
Frictional unemployment is the natural transitional phase when a worker leaves a job by choice and is searching for another, as well as college graduates entering the workforce for the first time.
Posted: January 20, 2023, 8:32 am
Cyclical Unemployment: Causes, Examples and More
Unemployment has many types, causes, and specific features. While the pandemic and its aftermath created considerable economic shifts, unemployment has always ebbed and flowed for several reasons.
Posted: January 19, 2023, 11:16 pm
USD/JPY edged lower but remained sideways around 128.40s ahead of Japan’s CPI
Unemployment claims in the US came lower than expected, as traders expect further tightening. Japanese inflation data is expected to edge higher; what would the BoJ do? The USD/JPY reverses its course ...
Posted: January 19, 2023, 12:57 pm
Asia-Pacific stocks trade mixed after losses on Wall Street
This is CNBC's live blog covering Asia-Pacific markets. Shares in the Asia-Pacific traded mixed on Thursday after tracking losses on Wall Street overnight. In Japan, the Nikkei 225 traded down 1.44% ...
Posted: January 18, 2023, 9:41 pm