Consumer News

According to the United States Department of Labor, bureau of labor statistics, data is collected monthly to determine national employment statistics.  You can become familiar with these stats and review routine reports at http://www.bls.gov/home.htm   Here, it is explained, “a program surveys about 140,000 businesses and government agencies, representing approximately 410,000 individual worksites.”   This survey communicates information about a single business’s employment rate, hours and payroll.  This survey is conducted monthly in all 50 States, the District of Columbia, Puerto Rico and the Virgin Islands

It sure doesn’t feel like the job market has gotten better or that the unemployment rate has gone down. So what are the most recent statistics?

Recently on July 2, the U.S. Department of Labor posted: "Total nonfarm payroll employment declined by 125,000 in June, and the unemployment rate edged down to 9.5 percent."

On June 30, 2010, United States Department of Labor posted:
"Unemployment rates were higher in May than a year earlier in 222 of the 372 metropolitan areas, lower in 141 areas, and unchanged in 9 areas."

On June 24, 2010, the United States Department of Labor posted:
"In May, 37 states and the District of Columbia registered over-the-month unemployment rate decreases, 6 states recorded rate increases, and 7 states had no rate change."

Become familiar with what is going on in our economy by reading these reports directly. Sometimes watching the news and reading all the confusing information on the internet is stressful. You can follow up with Innovative Credit Consultants, if it is easier, as we bring out information that matters to consumers.  Get the facts about consumer credit at Innovative Credit Consultants.