GOOD

Five Numbers You Need to Know From April's Jobs Report

April is the cruelest month, breeding fewer jobs than expected.


As one economist put it on Twitter, you know you’re in a recovery when you’re disappointed by a jobs report like this. April was the worst month of the year for job creation, in part because of a warm winter that allowed outdoor work to start earlier than usual, and there’s an increasing sense that the economic engine is slowing down or idling while we wait on news from Europe or stronger signs of consumer confidence. Still, the usual suspects are pulling us forward—health care and manufacturing jobs helped lead growth—while the public sector continued to cut workers and the trucking industry made big cuts.

115,000. The number of jobs created in April, the lowest initial assessment the Bureau of Labor Statistics has released this year. That’s a disappointing result, keeping the unemployment rate basically unchanged at 8.1 percent—the market for work basically grew enough to meet population growth, but not much more.


53,000. The number of jobs added to the February and March counts by revised estimates. The warm winter weather likely pulled job gains forward from the spring and summer, but if the trend toward job growth is slowing, we know that the previous quarter was as robust, if not more robust, than we thought. We’re seeing about 30,000 jobs added with each revision this year.

132,989,000. The number of private-sector jobs in the country, which is now higher—by some 152,000 compared to February 2009—than when President Obama was inaugurated. That’s an important milestone for the political season: Obama will be able to defend himself from charges of relying on the government to lead growth, while Republicans will ask why it took so long.

15,000. The number of jobs cut by the public sector in April; most of those (11,000) are teachers. We have some 600,000 fewer local and state government employees than we did when Obama took office, despite his administration’s attempts to extend federal aid to cash-strapped local communities. The losses in the heavily female teaching profession are one reason that job losses for women have been high in the past several years, but state budgets are finally starting to look up, so perhaps education will see a rebound.

14.5 percent. The best gauge of unemployment, the “U-6” number measures the percent of workers who are unemployed, forced to work part-time, or have given up on finding a job. It’s holding steady at 14.5 percent, down from 15 percent at the beginning of the year and 17 percent from the heights of the recession. During healthier economic times we saw it hover around 7 or 8 percent.

Chart courtesy of Calculated Risk

Articles
via Gage Skidmore / Flickr

If you are totally ready to move on from Donald Trump, you're not alone. According to a report last April from the Wason Center National Survey of 2020 Voters, "President Trump will be the least popular president to run for reelection in the history of polling."

Yes, you read that right, "history of polling."

Keep Reading Show less
Politics
via Around the NFL / Twitter

After three years on the sidelines, Colin Kapernick will be working out for multiple NFL teams on Saturday, November 16 at the Atlanta Falcons facility.

The former 49er quarterback who inflamed the culture wars by peacefully protesting against social injustice during the national anthem made the announcement on Twitter Tuesday.

Kaepernick is scheduled for a 15-minute on-field workout and an interview that will be recorded and sent to all 32 teams. The Miami Dolphins, Dallas Cowboys, and Detroit Lions are expected to have representatives in attendance.

RELATED: Joe Namath Says Colin Kaepernick And Eric Reid Should Be Playing In The NFL

"We like our quarterback situation right now," Miami head coach, Brian Flores said. "We're going to do our due diligence."

NFL Insider Steve Wyche believes that the workout is the NFL's response to multiple teams inquiring about the 32-year-old quarterback. A league-wide workout would help to mitigate any potential political backlash that any one team may face for making an overture to the controversial figure.

Kapernick is an unrestricted free agent (UFA) so any team could have reached out to him. But it's believed that the interested teams are considering him for next season.

RELATED: Video of an Oakland train employee saving a man's life is so insane, it looks like CGI

Earlier this year, Kaepernick and Carolina Panthers safety Eric Reid reached a financial settlement with the league in a joint collusion complaint. The players alleged that the league conspired to keep them out after they began kneeling during the national anthem in 2016.

Before the 2019 season, Kaepernick posted a video of himself working out on twitter to show he was in great physical condition and ready to play.

Kaepnick took the 49ers to the Super Bowl in 2012 and the NFC Championship game in 2013.

He has the 23rd-highest career passer rating in NFL history, the second-best interception rate, and the ninth-most rushing yards per game of any quarterback ever. In 2016, his career to a sharp dive and he won only of 11 games as a starter.

Culture

In the category of "claims to fame nobody wants," the United States can now add "exporter of white supremacist ideology" to its repertoire. Super.

Russell Travers, acting director of the National Counterterrorism Center, made this claim in a briefing at The Washington Institute in Washington, D.C. "For almost two decades, the United States has pointed abroad at countries who are exporters of extreme Islamist ideology," Travers said. "We are now being seen as the exporter of white supremacist ideology. That's a reality with which we are going to have to deal."

Keep Reading Show less

Between Alexa, Siri, and Google, artificial intelligence is quickly changing us and the way we live. We no longer have to get up to turn on the lights or set the thermostat, we can find the fastest route to work with a click, and, most importantly, tag our friends in pictures. But interacting with the world isn't the only thing AI is making easier – now we can use it save the world, too.

Keep Reading Show less
Good News