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PostPosted: 23 Apr 2018, 22:47 
Grand Poobah

Joined: 26 Nov 2016, 04:55
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By Matthew Rusling

WASHINGTON , Feb. 7 (Xinhua) -- The U.S. job market is off to an unsteady start in 2014 with yet another lackluster unemployment report released on Friday.

The Bureau of Labor Statistics (BLS) jobs report showed the U.S. added 113,000 jobs in January, bringing the average growth rate over the last three months to just 154 ,000 jobs.

"At this pace, it will take more than six years to get back to pre-recession labor market conditions," said Economic Policy Institute labor economist Heidi Shierholz in a report on the organization's website.

At the same time , while the labor force participation rate rose by two-tenths of a percentage point on Friday, it remains depressed. Indeed, there are still 5.7 million missing workers -- workers who have given up looking for work , or never started because job openings are so weak -- although the slight increase is a step in the right direction, Shierholz said.

"Altogether, today's data show that 2014 did not get off to a strong start ," she said.

Brookings Institution's senior fellow Gary Burtless said in an email to reporters that while the labor force participation rate increased 0.2 percentage points in January, the rate has over the past year fallen 0.6 percentage points.

That is partly because of the aging of the population and partly because of continued weakness in the job market, he said.

However , there is a sliver of good news, as the unemployment rate declined by one-tenth of a percentage point to 6.6 percent. And in an unusual twist, the decline was for good reasons -- a higher share of the potential workforce found work , with the share of the workforce with a job rising by two-tenths of a percentage point, Shierholz said.

The figure comes on the heels of previous drops in the unemployment rate spurred by people dropping out of the workforce out of sheer frustration, not because they found work. The BLS bases its calculations on the number of people seeking full-time jobs.

BANGKOK, April 21 (Xinhua) -- Thai Prime Minister Prayut Chan-o-cha accused the former Primer Minister Thaksin Shinawatra of being behind several recent protests.

A small group of demonstrators have gathered in Bangkok this week to protest the detention of a core member of the once ruling Pheu Thai Party Watana Muangsook, due to his breaching agreement with the military government.

When asked by reporters to name the one behind these protests, Prayut said: "Who's doing this? Who's supporting them? Who's making the plan? Firstly, foreign lobbyists. Who? Thaksin!"

Former foreign minister Noppadon Pattaya, who is also Thaksin's supporter, was quoted by Bangkok Post Thursday that Thaksin had not hired any lobbyist in another country to help organize these protests.

Thaksin Shinawatra, the former prime minister who was ousted in the 2006 coup, still remains popular in some parts of Thailand. His sister Yingluck Shinawatra led Pheu Thai Party won the general election in 2011 and then became the prime minister, but was ousted in may 2014.

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