Hoyer: Jobs Report Weaker Than Expected
While the November 2018 jobs report is reflective of a resilient economy, it was weaker than expected, driven in part by uncertainty due to trade, says Congressman Steny H. Hoyer.
September Report Shows Job Gains
The September 2018 jobs reports shows the unemployment rate declined to 3.7 percent and the economy added 134,000 jobs.
Hoyer: Challenges Continue to Plague Economy
Congressman Steny H. Hoyer says there is good and bad news in the August 2018 jobs report — 95 consecutive months of positive job growth, yet “our economy continues to be plagued with deep structural challenges, the result of which are stagnant wages, uncertainty for small businesses, looming debt, and a generation of American workers unable to get ahead.”
Hoyer: Slow Job Growth Not Acceptable
After President Obama left a trend of gaining economic strength when he left office, current policies have led to slowing job growth, says House Democratic Whip Steny H. Hoyer after the release of the Department of Labor’s jobs report for April 2018.
March ’18 Report: Job Growth Slows
The US Bureau of Labor Statistics reported continued job growth through March 2018. The unemployment rate was unchanged at 4.1 percent.
Jobs Report Shows Weekly Earnings Fell
The Department of Labor recently released its January 2018 jobs report. The unemployment rate was 4.1 percent for the fourth consecutive month.
Hoyer: Job Growth Needs Improvement
The US Department of Labor released its latest jobs report in November, and while there have been signs of resilience in the US economy, Democratic Whip Steny H. Hoyer said improvement is needed in private sector job creation.
First DoD-Wide Audit Announced
The Pentagon’s office of the inspector general announced the start of the first agencywide financial audit. Beginning in 2018, audits will occur annually.
Analyst: Defense Contractor Earnings Outlook May Improve
A defense industry analyst says the earnings outlook for defense companies may trend upward, assuming a House conference committee authorizes a defense budget closer to the Senate version with much higher defense spending than the White House has sought.
Job Growth Streak Continues in Jan. ’17
The US Labor Department reports that 227,000 private sector jobs were added in January 2017. This was the final report from the Obama administration.
