August Jobs Report Disappoints

After months of positive jobs reports, the August numbers were a bit of a let down. Over 142,000 jobs were created, ending a stretch of 6 straight months of gains over 200,000. The unemployment rate dropped to 6.1%. The numbers surprised analysts, as most data points to an economy that continues to grow. CNBC’s Jim…


Over 209k Jobs Created In July

The Bureau of Labor Statistics announced Friday that the US economy created over 209,000 jobs in July. It was the sixth straight month of job gains over 200,000. The jobs report followed a strong report on second quarter GDP which showed more than 4% growth. The US economy has averaged over 244,000 jobs created over…


175K Jobs Added In February

The Bureau of Labor Statistics released its February jobs report today, and the numbers were far more encouraging than the previous two months. The US economy added 175,000 jobs in the year’s shortest month. The unemployment rate ticked up slightly from 6.6% to 6.7%, but this is considered a positive sign as it means more…


Comcast To Buy Time Warner

The latest merger to hit the business world is a big one. Cable giant Comcast is buying rival Time Warner in a $45 billion deal. The new combined company will have over 30 million subscribers. Comcast and Time Warner are currently the two biggest cable companies in the US. Charter Communications had been attempting to…


January Jobs Report Disappoints

After a strong initial unemployment report on Thursday, the Labor Department released a disappointing jobs report on Friday. The US economy only created 113,000 jobs in the year’s first month, far below expert predictions of about 170,000 jobs. The unemployment rate fell from 6.7% to 6.6%. Many blamed the weak report on bad weather. January…


US Deficit Falls 37% In 2013

The US deficit shrunk greatly in 2013, falling 37% compared to 2012. The deficit for the 2013 fiscal year clocked in at $680 billion. The figure is still one of the five largest of all time, but considerably less than the $1.087 trillion deficit the country racked up in 2012. Several factors helped reduce the…


Unemployment Falls, But Jobs Report Disappoints

The delayed September jobs report was met with mixed reviews on Tuesday. The unemployment rate fell a tenth of a percentage point, from 7.3 to 7.2%. Meanwhile, only 148,000 jobs were created in the month, down from 193,000 jobs created in August. The jobs report was supposed to be released on October 4th, but was…


Mobile Votes On Mayor Today

mobile votes on mayor today

Its election day in Mobile. The city will choose between incumbent Sam Jones and challenger Sandy Stimpson for mayor. Districts 2,3, and 4 will also vote on their city council representatives. Voters couldnt ask for a more beautiful day to vote, as the skies will be clear and the humidity will be relatively low. Voting…