Sunday, December 17, 2017
   
Text Size

Site Search powered by Ajax

Self-employment on the rise in US

The US labour department says the job market is improving: more than 20,000 people, previously out of work, have been employed last month.

The department reported that job-creation figures in December and January were even stronger than first estimated.

Welcoming the news, President Barack Obama, who is up for re-election this November, said on Friday that the figures showed the economy "getting stronger".

On the surface, the new figures suggest the US economy is starting to bounce back. However, a wider measure of unemployment shows 16.7 per cent of working-age Americans - 23.5 million people - are either unemployed, only working part-time jobs or have given up looking for work.

With jobs so hard to come by, many Americans are having to work for themselves.


blog comments powered by Disqus

Subscribe via RSS or Email:

Brent oil price jumps above $65, fi...

Read More

EU puts UAE, Bahrain and Tunisia on...

Read More

Macron eyes deals for Doha's metro,...

Read More

Georgia eyes gains in China's Belt ...

Read More

Why the financial war on the Qatari...

Read More

WTO to review dispute between Qatar...

Read More

Global_News

Relatives of crew members from missing vessels are demanding the search operation continues until it is found.

Read More

Donation

Thanks to all of our supporters for your generosity and your encouragement of an independent press!

Enter Amount:

Featured_Author

Login






Login reminder Forgot login?

Subscribe to MWC News Alert

Email Address

Subscribe in a reader Facebok page Twitter page

Week in Pictures

From snowfall to sunshine

Palestinians hold 'day of rage'