20.5 million U.S. jobs lost in April Washington. Today’s jobs report shows a drastic collapse in overall U.S. employment. A record 20.5 million jobs were lost in April, propelling the nation’s unemployment rate up to 14.7 percent, a new post-World War II high. This morning’s “JQ-Instant” indicator, published by the Coalition for a Prosperous America…
JQI Index declines 0.20 percent in March Washington. The monthly U.S. Jobs Quality Index(JQI) issued by the Coalition for a Prosperous America (CPA) and its partners dropped slightly to 79.27in March, down by 0.20 percent from its revised level one month earlier. The JQ-Instant™ preliminary read of the 713,000 decrease in all private sector, non-farm payrolls in March…
JQI Index declines 0.13 percent in February Washington. The monthly U.S. Jobs Quality Index (JQI) issued by the Coalition for a Prosperous America (CPA) and its partners dropped slightly to 79.41, down by 0.13 percent from its revised level one month earlier. This means new production and non-supervisory jobs are continuing to pay less than…
Job Quality Instant Report: Job Creation and Job Quality are up in November Total non-farm payroll employment rose by 266,000 jobs in November, substantially above the median market expectation of 185,000. Within the private sector, goods-producing employment (mining and logging, construction, and manufacturing) increased by 48,000 jobs, while the service-providing sector created 206,000 new jobs.…
Editor’s note: Our Job Quality Index is picked up in Nevada as commentators start to think about how job growth can happen without improving the economy. Perhaps it can help local regions turn away from creating service sector jobs in economic planning. Politicians love to cite a falling unemployment rate as evidence of the wisdom…
Washington. The Coalition for a Prosperous America (CPA) today announced the launch of a comprehensive new economic indicator, the US Private Sector Job Quality Index (JQI). CPA has partnered with Cornell University, the University of Missouri, and the Global Institute for Sustainable Prosperity (GISP) to unveil a new measure of America’s changing employment situation. The…
The US has long provided measures of the quantity of jobs created, but not the quality of those jobs. Our new index (JQI) answers many important questions including why the Philips Curve is not working, why global trade and deindustrialization deteriorate the quality of the employment. Please join us! We’re pleased to announce the following…