The Bureau of Labor Statistics released the June 2018 jobs report Friday, showing payroll employment was up by 213,000 and many sectors added jobs.
U.S. job growth accelerated in May and the unemployment rate dropped to an 18-year low of 3.8 percent, pointing to rapidly tightening labor market conditions, which could stir concerns about inflation.
The average American is more optimistic about their ability to find a job under the Trump administration than at any point previously recorded, according to a new poll.
The Trump administration has announced plans to help states implement work requirements for Medicaid.
Forty-two percent of businesses surveyed said they expect the current employment market to trend up in 2018, according to a survey from Express Employment Professionals.
The unemployment rate in December remained steady at 4.1 percent while the number of employed Americans grew by 104,000, according to the latest numbers released by the Bureau of Labor Statistics.
More than $1.6 billion in unemployment insurance benefits was paid to individuals who did not seek work in fiscal year 2016, according to an audit from the Government Accountability Office.
The unemployment rate for all Americans remained steady in November at 4.1 percent, which is the lowest level seen in 17 years, according to the latest data from the Bureau of Labor Statistics.
A massive surge in Medicaid enrollment is leading to an increase in government dependency and crowding out funding for those vulnerable individuals who truly need the program, according to a report from the Foundation for Government Accountability.
Cutting the corporate tax rate to 20 percent, as President Trump’s plan proposes, is projected to create more than 587,000 full-time jobs, lift wages by more than 2.5 percent, and lift GDP by 3 percent, according to a report from the Tax Foundation.