PITTSBURGH (AP) — Surrounded by an array of gadgets and high tech equipment, President Barack Obama pledged to boost American manufacturing and to give entrepreneurs…
Tag: Leading economic indicators
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.
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.