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Manufacturing Jobs: Definition, Types, Changes

Manufacturing jobs are those that create new products directly from either raw materials or components. These jobs are found in a factory, plant, or mill. They can also exist in a home, as long as products, not services, are created.  

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Jobs Report: Monthly Employment Growth Statistics

(3 days ago) The jobs report also provides the unemployment rate.To get the number of unemployed individuals, the BLS must undertake a separate survey of households instead of businesses. This household report also includes workers' age, sex, and race/ethnicity. The household survey has a more expansive scope than the establishment survey.

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4 Real Ways to Create More Jobs

(5 days ago) President Bill Clinton created the most jobs during his two terms. Photo: Karl Gehring/Getty Images. President Bill Clinton created 18.6 million jobs during his two terms, which is the most jobs created by any president. The greatest jobs producer by percent was Franklin D. Roosevelt. He only added 9.5 million positions, but it was a 17%

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How Outsourcing Jobs Affects the US Economy

(9 days ago) Outsourced jobs are often more than the number of unemployed Americans. If all those jobs returned, it would be enough to hire millions who are working part-time but would prefer full-time positions.   That assumes the jobs could, in fact, return to the United States. Many foreign employees are hired to help with local marketing

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Money Transfer Jobs Are Potentially Illegal Scams for

(3 days ago) In some cases, money transfer jobs are part of illegal money laundering operations. Money laundering is the process of moving money obtained illegally into legitimate accounts so that the launderers can spend that money in the mainstream financial system.

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How Will a Second Job Affect My Taxes

(2 days ago) Learn more about how different types of jobs, from traditional wage work to freelancing, can impact your taxes. A Traditional Second Job . If you have a traditional second job, you are working for a regular salary or hourly wage. In this case, you'll receive a W-2 at tax time, and you'll have to fill out a W-9 with your withholding information.

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US Unemployment Rate March 2021

(4 days ago) The number of jobs added is taken from the establishment report, more commonly called the nonfarm payroll report. This survey of businesses describes how many jobs were created or lost by industry. Since these reports are taken from completely different sources, the number of unemployed doesn't match up to the number of jobs lost.

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Day Trading Jobs With Proprietary Trading Firms

(9 days ago) Cory Mitchell, CMT, is a day trading expert with over 10 years of experience writing on investing, trading, and day trading. Mitchell founded Vantage Point Trading, which is a website that covers and reports all topics relating to the financial markets.

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Do Tax Cuts Create Jobs

(8 days ago) Tax cuts do create jobs, but the results vary widely.They depend on the type of tax cut, the recipient, and how high taxes were before the cut. The Congressional Budget Office did a comprehensive study of the number of jobs created by different government policies. It analyzed several types of tax cuts.It found that the most cost-effective policy was payroll tax cuts targeted to new …

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Democrats vs. Republicans: Which Is Better for the Economy

(1 days ago) Jobs . Republicans say that tax cuts are the best way to create jobs, while Democrats advocate government spending. The economic stimulus act, sponsored by Obama, used both.   President Bill Clinton created 18.6 million jobs—more than any other president.   The largest job creation—percentage-wise—was under President Roosevelt

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US Companies Add Most Jobs in Six Months in March

(5 days ago) Private sector employment increased by 517,000 jobs in March, the largest monthly increase since September and almost three times February’s growth, according to data released Wednesday by payroll firm ADP. Service-providing companies accounted for most of the gain, led by 169,000 jobs in the hard-hit leisure and hospitality sector.

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Structural Unemployment: Definition, Causes, Examples

(8 days ago) Structural unemployment refers to a mismatch between the jobs available and the skill levels of the unemployed. Unlike cyclical unemployment, it’s caused by forces other than the business cycle.   It occurs when an underlying shift in the economy makes it difficult for some people to find jobs.

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Job Growth Almost Doubles in March, Spurring Hope

(7 days ago) The labor market added 916,000 jobs in March, the best month for job growth since August. The biggest winners were the leisure and hospitality sector, schools, and the construction industry. March’s gains could just be the start, with one economist predicting more than 1 million jobs will be added in each of the next two months.

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How a Strong vs. Weak Dollar Affects U.S. Jobs

(7 days ago) It can lead to manufacturers moving plants to foreign countries with lower costs to remain competitive. In short, a strong dollar can mean jobs lost in the United States. For example, when the dollar was overvalued in the late 1990s and early 2000s, the manufacturing sector lost 740,000 jobs.  

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Labor Force: Definition, How It Affects the Economy

(4 days ago) In 2016, health care was the biggest industry, employing 14 percent of the labor force — if you count both jobs in the health care sector and health-related jobs in other industries.   Retail trade was next, putting 11 percent of the labor force to work. Manufacturing employed 11 percent, and education employed 9 percent.

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US Economic Outlook For 2021 and Beyond

(4 days ago) Jobs . The Bureau of Labor Statistics (BLS) publishes an occupational outlook each year that goes into great detail about each industry and occupation. Overall, the BLS expects total employment to increase by 6 million jobs between 2019 and 2029.  

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23 States to Unemployed: Time to Look for Work

(Just Now) 2 days ago · Job-seekers face an employment market that is still 8.4 million jobs short of pre-pandemic levels. Conservatives want to bring back the job search mandate everywhere, but critics of the requirement say there aren’t enough jobs available yet to justify it.

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Nuclear Power: How It Works, Pros, Cons, Impact

(8 days ago) Nuclear plants create more jobs than other forms of energy.   They create 0.5 jobs for every megawatt hour of electricity produced. This is in comparison to 0.19 jobs in coal, 0.05 jobs in gas-fired plants, and 0.05 in wind power. The only other power source that creates more jobs/mWh is solar photovoltaic. This source generates 1.06 jobs

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US Department of Labor and What It Does

(8 days ago) The U.S. Department of Labor (DOL) is a Cabinet-level federal agency with three overall functions that support the American labor force.It protects the rights of workers and retirees, provides job training, and provides statistics related to working, prices, and income.

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How to Tell Whether It's Time to Retire

(Just Now) Some physically demanding jobs, such as working in construction, are difficult to continue past a certain age. Even if you prefer to keep working, you may find yourself running into physical difficulties performing your work.

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Pace of Quitting Rises to Highest Since February

(6 days ago) The economy added 1.37 million jobs in August, less than the 1.73 million added in July, and far fewer than the 4.78 million added in June. The country has yet to recover 11.5 million of the 22.2 million jobs lost during the pandemic.

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What Is the Consumer Confidence Index

(2 days ago) The survey also asks how easy it is to find jobs. Usually, it doesn’t become difficult to find work until after the economy has turned. That’s because unemployment is also a lagging indicator. The last thing managers want to do is lay off their workers. They cut every other cost first.

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Identity Theft Employment Scams

(5 days ago) When the economy is down, and people were losing jobs, identity thieves prey on those who are in the bleakest spots. Yes, identity thieves.The only thing that an increased unemployment rate and decreased economy mean to them is additional targets for their scams.

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Private Sector Adds 117,000 Jobs, Fewer Than Expected

(6 days ago) The economy added 131,000 service sector jobs, according to ADP, while losing 14,000 goods-producing jobs. The more widely cited monthly jobs report from the Bureau of Labor Statistics is due Friday. Estimates vary widely, with Moody’s forecasting a gain of 280,000 jobs but citing a median expectation among economists of 177,500.

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Number of the Day Shows Job Losses From Automation

(1 days ago) The jobs most at risk include data entry clerks, secretaries, bookkeepers, auditors, and factory workers, WEF researchers said in their latest The Future of Jobs Report, released this week. While the number is daunting, the WEF predicts 97 million new jobs may be created during the same time frame, in areas like data analysis, science, machine

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The Effect of the Tax Cuts and Jobs Act on the US Economy

(7 days ago) The Tax Cuts and Jobs Act (TCJA)—reflecting President Trump's plan—was ultimately signed into law on Dec. 22, 2017. It went into effect on Jan. 1, 2018. It went into effect on Jan. 1, 2018. Since then, the debt-to-gross domestic product (GDP) ratio decreased slightly before resuming its upward trajectory by the end of 2019.

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What You Need to Know to Become an Emancipated Minor

(8 days ago) Rachel Morgan Cautero is a budgeting expert who also writes about banking, loans, mortgages, and credit cards. She writes and edits for numerous publications, and she holds an M.A. from the Arthur L. Carter Journalism Institute at NYU and a B.A. in English from Wittenberg University.

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How Exchange Rates Affect You

(4 days ago) A strong dollar drives the engine for economic growth. It encourages consumerism, production, and investments. But it may also diminish employment opportunities. It motivates companies to outsource jobs from countries with weaker currencies.

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How to Hire Insurance Repair Contractors

(4 days ago) How long they have been doing this kind of work and how many jobs they have completed recently   Although not all repairs or contractors will guarantee work, it is a good idea to ask about this. If you have the option, take a contractor who can give you a guarantee on their work.

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How to Get a Credit Card Without a Job

(2 days ago) Try a Secured Credit Card . While secured credit card applications will often ask about your employment and income, you’re more likely to be approved for one of these credit cards because you’re making a security deposit as collateral. With the Capital One Secured MasterCard, for example, you can make a security deposit as low as $49 for a $200 credit limit, depending on your creditworthiness.

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U.S. Manufacturing: Definition, Statistics, Outlook

(6 days ago) The new jobs that are created may require sophisticated computer-related skills to manage the high-tech machinery on the manufacturing line. Trump's Impact on Manufacturing . President Trump talked a lot about manufacturing during his time in office, but his policies were met with mixed reactions.

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Financial Advisor Credentials That Matter

(Just Now) Most of the top jobs in the mutual fund management world are held by people who have attained at least a CFA designation. If you're hiring an advisor to manage a portfolio of mutual funds or to select underlying advisors for different portions of your portfolio, consider someone who holds the …

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What a Stockbroker Does and How to Become One

(2 days ago) Tim Lemke is an investing expert with more than 20 years of experience writing about business and investments. During his career, Tim has written extensively about earnings, mergers and acquisitions, and the stock performance of major corporations.

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U.S. Imports: Top Categories, Challenges, Opportunities

(8 days ago) At the same time, imports do create U.S. jobs in transportation, distribution, and marketing. For example, the Heritage Foundation estimated that imports from China created 500,000 of these jobs.   But it's unlikely that these job gains offset the job losses in manufacturing.

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Aquaculture: What Is It

(2 days ago) Jobs in Aquaculture . There are several career opportunities within aquaculture, and most, but not all, will require a degree or advanced training. Aquaculturists can find work with state and federal government agencies, on fish farms, and within academia. On-the-job training is the main requirement to be an aquaculture farmer.

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Alternatives to COBRA Health Insurance

(3 days ago) When you quit or lose a job, the potential loss of your health care coverage can add to your uncertainty about the future. Fortunately, under the Consolidated Omnibus Budget Reconciliation Act (COBRA), individuals who work for certain private-sector or government employers with 20 or more employees have the ability to continue using their current employer's group health insurance plan after a

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Unemployment Compensation Benefits and Income Taxes

(6 days ago) Unemployment is a benefit paid by state or federal governments to help people who have lost their jobs through no fault of their own. It doesn't apply if you quit or were fired for cause. You would contact your state's unemployment insurance program to apply for unemployment benefits. Certain limitations apply as to the amount you're eligible

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JGTRRA: Jobs and Growth Tax Relief Reconciliation Act

(5 days ago) The Jobs and Growth Tax Relief Reconciliation Act is an investment tax cut that was enacted by the Bush Administration on May 28, 2003. Its goal was to end the 2001 recession. Specifically, JGTRRA: Reduced the long-term capital gains tax rate from 20 percent to 15 percent. For taxpayers who were already in the 10-15 percent income tax bracket

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Here Are Two Ways to Get a Pension

(7 days ago) Many government jobs, both at the federal and state level, offer pension benefits. Some examples of these types of jobs include positions with the military, police, and fire departments. However, some states have stopped offering pension plans to new employees.  

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Labor Market Thaws on Best Showing Since October

(Just Now) Employment also rose at hotels (by 36,000 jobs) and in the amusements, gambling and recreation sector (by 33,000 jobs). There is still a ways to go, however: There are still 9.48 million fewer U.S. jobs than before the pandemic began, and the leisure and hospitality sector accounts for more than 3.4 million of those, or over a third.

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Minimum Wage: Definition, History, Pros, Cons, Purpose

(9 days ago) Minimum wage laws may not reduce the country's poverty. It helps the workers who have jobs but increases unemployment. Research shows experienced workers received higher pay and increased job opportunities, while less experienced workers saw a loss in job opportunities.

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Outsourcing: What It Is and Why Companies Do It

(1 days ago) Pros Explained . Reduces and controls operating costs: Outsourcing is often cheaper than hiring on an employee, and it also takes away some level of uncertainty about costs.The contract will determine exactly what will get done and for what price. Improves company focus: By outsourcing less important tasks, you increase the company's focus on tasks that are deemed more vital.

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Reaganomics: Definition, Did It Work

(3 days ago) Congress.gov. "H.R.2 - Jobs and Growth Tax Relief Reconciliation Act of 2003." Accessed June 26, 2020. Congress.gov. "H.R.1836 - Economic Growth and Tax Relief Reconciliation Act of 2001." Accessed June 26, 2020. Board of Governers of the Federal Reserve System. “Open Market Operations.” Accessed June 26, 2020.

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Taxes on Wages and Salary Income

(7 days ago) Third, an employee will report their wage income from all jobs on their annual federal and state tax returns. Income That's Not Subject to Federal Tax . Not all forms of income are taxable. Workers' compensation generally isn't, nor are welfare payments. Some qualified pension payments are exempt, particularly for public safety officers, as is

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