Tag: Employment figures

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Generation Y

Why young people are saying ‘no’ to the workforce

Luis Mendez, 23, a student at Miami Dade College, left, and Maurice Mike, 23, a student at Florida International University, right, wait in line at an internship job fair held by the Miami Marlins, Wednesday, Oct. 23, 2013, at Marlins Park in Miami. The internships are paid, offer a wide range of job opportunities and begin in January 2014, lasting one year. (AP Photo/Lynne Sladky) by Steve Hargreaves (CNN)—A job used to be the next step after a diploma. But now, young people aren’t in any rush to start working.

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National

Employment gap between rich, poor widest on record

Annette Guerra poses for a photo at her home in San Antonio. Guerra, 33, has been looking for a full-time job for more than a year after finishing nursing school. (AP Photo/Eric Gay)by Hope YenAP Business Writer WASHINGTON (AP) — The gap in employment rates between America’s highest- and lowest-income families has stretched to its widest levels since officials began tracking the data a decade ago, according to an analysis of government data conducted for The Associated Press. Rates of unemployment for the lowest-income families — those earning less than $20,000 — have topped 21 percent, nearly matching the rate for all workers during the 1930s Great Depression.

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Business

New jobs disproportionately low-pay or part-time

In this Aug. 1, 2013, photo, a “Now Hiring” sign hangs in front of a new McDonald’s restaurant under construction in Tempe, Ariz. (AP Photo/Ross D. Franklin) WASHINGTON (AP) — The 162,000 jobs the economy added in July were a disappointment. The quality of the jobs was even worse. A disproportionate number of the added jobs were part-time or low-paying — or both. Part-time work accounted for more than 65 percent of the positions employers added in July. Low-paying retailers, restaurants and bars supplied more than half July’s job gain.

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National

Dropouts: Discouraged Americans leave labor force

HELP WANTED– This Friday, March 29, 2013 file photo shows a help wanted sign at a barber shop in Richmond, Va. U.S. employers added just 88,000 jobs in March, the fewest in nine months and a sharp retreat after a period of strong hiring. Many discouraged Americans are giving up the job hunt for school, retirement and disability. (AP Photo/Steve Helber, File) by Jesse Washington and Paul Wiseman WASHINGTON (AP) — After a full year of fruitless job hunting, Natasha Baebler just gave up.