Despite slower hiring, unemployment hit a five-decade low in September. U.S. employers added a modest 136,000 jobs last month, according to numbers the federal government released Friday. The unemployment rate for workers without high school diplomas dropped to 4.8 percent, the lowest recorded level since 1992.
Love in the oven
Lifestyle | Try Pie Bakery teaches job skills in a diverse Iowa community
by Charissa Koh
Posted 8/29/19, 12:50 pm
Last year the financial website 24/7 Wall St. declared the Waterloo–Cedar Falls, Iowa, area America’s worst place for African Americans to live. White people there have higher employment and earn almost twice as much as blacks, who have less education and higher arrest rates. Sarah Helleso, 25, is a member of Orchard Hill Church in Cedar Falls. She said residents have noticed the divide for a long time: “There are people in Cedar Falls who won’t go to Waterloo, and then people in Waterloo who have no interest in going to Cedar Falls.”
Revised figures showed the U.S. economy had 501,000 fewer total jobs in March than initially reported. That’s the sharpest downward revision in jobs totals since 2009. The report is stoking fears of a coming economic downturn.
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Wasted aid
By the Numbers | $11.4 billion The amount in unemployment benefits involving fraud the state of California has paid out during the COVID-19 pandemic, according to the state’s Employment Development Department.