The American unemployment rate could be as high as 20 percent rather than the 6.1 percent the US Labor Department’s Bureau of Labor Statistics (BLS) reported for June. Many economists and financial experts believe that the BLS deliberately underreports unemployment figures ...
Read More »Trending Topics: Bureau of Labor Statistics
Labor Unions Continue to Decline Despite Attempts at Intervention from the Whitehouse
The Bureau of Labor Statistics released its annual report on union membership last week and the news was somewhat bleak for pro-union forces. Though the economy added almost 2.4 million jobs in 2012, union membership dropped by almost 400,000. Now, ...
Read More »Discrepancies in Employment Numbers for August
WASHINGTON, D.C. – The Labor Department’s August employment report showed that the U.S. unemployment rate is 8.1%, down from 8.3% in July. But while many celebrate these numbers, others warn a more troublesome statistic is being overlooked – record numbers ...
Read More »