Monthly Jobs Update (For June 2017, Posted July 2017)

By -
June was somewhat of a good month for the U.S. economy, adding 222,000 jobs to the payroll. That's above the 150,000 jobs needed to keep the economy growing at a steady pace, but this latest report wasn't just all glamour.

For starters, wage growth continues to lag behind. Wages have been the soft spot for the economy in the last few years, and that isn't showing any signs of stopping soon. In June, wages grew just 0.2%, to climb to a 2.5% increase for the year. That still is well below the strong and productive wage rise level of 3%.

However, that seems to be the only weak point in this month's report. The 222,000 jobs beat the foretasted 179,000, the average amount of hours worked per week ticked up from 34.4 to 34.5 hours, and even though the unemployment rate went up, the overall job status became better.

This month showed promise. Keep it up, US!

Comments

Post a Comment

Popular posts from this blog

Welcome Back.

By -
It's been such a long time since we've posted, I know. Many of our authors have no longer been available, and because of this, added to the fact that we want to continue to bring you amazing content, something's going to change here. A new background, new authors, and new content will hopefully make this blog more active again. Thanks for all the readers who have stuck by us even as we have been inactive for so long. We will post more often now. The title of this blog is also going to need a revamp... comment down below. ;) -RNG
Read more

Antimatter Part 1 (WHY WE SHOULDN'T EXIST AND WHY BANANAS ARE RADIOACTIVE)

By -
      What is the most expensive thing that exists? Gold? Sure, it's expensive, priced at a pricey $41/gram, but that's nothing compared to other things like heroin. Heroin is a very expensive drug priced at around $200/gram. Diamond, though, is nearly $50,000/gram for pure diamond. Still though, 1 kilo gram of pure diamond would still not even compare to the world's most expensive object.        The world's most expensive object is... ANTIMATTER!!! Now, you may be wondering, what the heck is this guy talking about? What's antimatter ? The enemy of matter ? Well, that's actually partially correct.        So basically, antimatter and matter are the exact opposite, because the sub-atomic particles will react. If antimatter has contact with any matter, it will instantly annihilate itself, releasing 100% pure energy. Compare that to the world's strongest nuclear weapons right now, only releasing 8-10% pure energy. If one gram of ant...
Read more

The Weird Questions, #1

By -
Hello (not so many) readers! We will be starting a new post (which won't be like our last ones, which for some reason have been discontinued), called the weird questions. This is kind of a spin - off of what if? the book, and if you want us to answer any of your questions, post them in the comments below. Now, without further ado, question number 1 is: What would happen if there were firemen bungee jumping off of the side of a burning building? Short answer: They would all die a horrific death. Most ways you imagine this scene, the firemen are obliterated in flames, or through a collision with the ground, or simultaneously! Now this happy thought brings us to the long answer. Long Answer: Because the firemen would jump once off the side of a flaming building, and gradually swing back towards it, and would get annihilated in a burning mess. If the building was particularly unstable, it might collapse and send the jumpers to the ground, with the smoldering wreckage crashing do...
Read more