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January Unemployment Figures Show Mixed Report
Canada Goose Outlet STEPHEN FRAZIER, CNN ANCHOR: Jitters in the job market today, as the government released the latest unemployment figures, which show more people losing their jobs in January. That does not bode well for an economy already hurting from a slowdown. Canada Goose Outlet
Canada Goose Parka CNN’s Brooks Jackson joins us now from Washington with the figures. Canada Goose Parka
And it’s kind of a mixed report, Brooks, if I understand from our earlier exchange.
canada goose deals BROOKS JACKSON, CNN CORRESPONDENT: Well, that’s right, Stephen. canada goose deals
canada goose clearance With all the news of layoffs, it was no surprise that the unemployment rate did go up to Canada Goose sale 4.2 percent from 4.0 percent a month ago. That’s a little bit more of an increase than people had expected. canada goose clearance
canada goose But canada goose clearance sale let me clarify something you said earlier. It wasn’t because so much canada goose because people were losing jobs. Canada Goose Outlet Actually, the economy is creating more jobs than it’s losing. And that was a big surprise in these figures. canada goose
canada goose clearance sale A net gain in jobs in January, according to the Labor Department, of 268,000 jobs. Now that’s the buy canada goose jacket strongest surge since April. It’s surprised everybody. It’s tripled what economists really had expected. canada goose clearance sale
canadian goose jacket A look at manufacturing. That was a decline. That was expected: 65,000 jobs lost, a quarter of a million since June. Many economists think uk canada goose outlet that manufacturing is in a recession now. canadian goose jacket
But other sectors gained; 145,000 jobs cheap canada goose uk gained in the construction uk canada goose industry. Housing is still very hot. Some of that may buy canada goose jacket cheap be a fluke due to seasonal variations. But still a surprisingly strong gain in construction jobs.
canada goose coats on sale Other positive Canada Goose Coats On Sale news. The average workweek went up. Last month, when it went down, many economists were saying that foreshadowed bad things now that canada goose factory sale the drop Canada Goose Jackets before has been erased. Average hourly pay, unchanged, holding onto those strong gains recently. canada goose coats on sale
buy canada goose jacket cheap So today’s report is mixed. But overall, evidence that the economy remains surprisingly strong. buy canada goose jacket cheap
canada goose store FRAZIER: It is complicated, Brooks. And we’re grateful for your walking us through and explaining all those subtleties. Brooks Jackson Canada Goose Online in Canada Goose Parka Washington, thanks. canada goose store
Still, tens of thousands of job cuts and layoffs have been announced recent weeks, which means that the lines are growing longer at unemployment offices.
Canada Goose Jackets CNN’s Jeff Flock joins us now from Arlington Heights, Illinois. He’s at the Illinois Employment and Training Center, where people cheap Canada Goose who are looking for work can get a lot of help. Canada Goose Jackets
canada goose black friday sale JEFF FLOCK, CNN CORRESPONDENT: Indeed, good canada goose uk shop morning to you, Stephen. canada goose black friday sale
cheap Canada Goose In fact, it used to be called the Unemployment Office, but it’s got a fancier name. And a lot more services provided now. cheap Canada Goose
canada goose coats They’ve canada goose store got cameras all around here this morning, as we try to illuminate throughout canada goose black friday sale the Canada Goose online broadcast today on CNN canada goose uk black friday what the process is. canada goose goose outlet https://www.canadagooseparks.com coats
And to do some of that, I want to bring in canada goose clearance a lady that runs this office, Diana Byer (ph), who told me that claims in, just anecdotally, in this canada goose coats on sale office have been up in January compared to last year.
DIANA BYER (ph), ILLINOIS EMPLOYMENT AND TRAINING CENTER: Correct. We’re up about 400 claims from last year.
FLOCK: Now, this is the place where people come in to file for their benefits, as well as beginning the process to look for other work. What does that entail?
BYER (ph): Correct. They come in, they file a claim, and they also register with the Illinois Employment Service, which is now a computer based system. It’s called Illinois Skills Management.
FLOCK: And you try to match them with a job as soon as they get here.
buy canada goose jacket FLOCK: Now, just a couple of quick things about the benefit that people get. This is not the same salary that they would make in their job, correct? buy canada goose jacket
BYER (ph): No, definitely. Unemployment insurance is only meant to help you while canada goose uk outlet you are looking for work. It’s about maybe one half, not always that instance. But the maximum someone can get in this state is $315 a week.
Canada Goose online FLOCK: $315 a week. BYER (ph): Correct. Plus dependency allowance if you have a nonworking spouse or children. Canada Goose online
Canada Goose sale FLOCK: I want to go and illuminate one of these cases as we show some canadian goose jacket of the folks that are around here. Maybe canada goose coats I can interrupt this gentleman Canada Goose sale.