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February 06, 2012
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Employment Law News

 

The Employment Situation:  May 2006

Nonfarm employment edged up in May (+75,000), and the unemployment rate was little changed at 4.6 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.  Employment continued to trend up in some service-providing industries and in mining, while retail trade and manufacturing lost jobs.  Average hourly earnings were up by 1 cent in May following a gain of 10 cents in April.
  
Unemployment (Household Survey Data)
  
Both the number of unemployed persons (7.0 million) and the unemployment rate (4.6 percent) were essentially unchanged in May.  A year earlier, the unemployment rate was 5.1 percent.
  
In May, the jobless rates for the major worker groups--adult men (4.2 percent), adult women (4.1 percent), teenagers (14.0 percent), whites (4.1 percent), blacks (8.9 percent), and Hispanics (5.0 percent)--showed little or no change over the month.  The unemployment rate for Asians was 3.0 percent, not seasonally adjusted. 

Total Employment and the Labor Force (Household Survey Data)
  
Total employment (144.0 million) continued to trend up in May; over the year it has increased by 2.4 million.  Both the employment-population ratio (63.0 percent) and labor force participation rate (66.1 percent) held steady
over the month.  
  
Persons Not in the Labor Force (Household Survey Data)
  
About 1.4 million persons (not seasonally adjusted) were marginally attached to the labor force in May, the same as a year earlier.  These individuals wanted and were available for work and had looked for a job sometime in the prior 12 months.  They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.  Among the marginally attached, there were 323,000 discouraged workers in May, down from 392,000 a year earlier. Discouraged workers were not currently looking for work specifically because
they believed no jobs were available for them.  The other 1.1 million marginally attached had not searched for work for reasons such as school attendance or family responsibilities. 


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Did You Know?    
 
 
About Wrongful Termination employment
Wrongful termination is a term that generally refers to a person being fired illegally. Many terminations that people think of as "wrongful" aren't illegal. In most states, employment is "at will". This means that the employer can fire the employee for no reason or any reason. However, there are two main reasons why a termination may be illegal- discrimination and contracts.

 


  Newsroom  
 


Latest news about Employment cases in New Mexico and nationwide:

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Unemployment Insurance Weekly Claims Report
SEASONALLY ADJUSTED DATA

In the week ending June 17, the advance figure for seasonally adjusted initial claims was 308,000, an increase of ...

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Employment Lawyer.com Terms

 


Today's Terms

Human resource management system (HRMS)

Definition:
An integrated software application that supports a variety of human resource functions, including benefits, payroll, recruiting and training, performance analysis, and provides data review and reporting tools.

Master agreements

Definition:
A contract between the employer and the exclusive bargaining representative. For collective bargaining, the employer is represented by the governor or the governor's designee. The LRO will negotiate contracts with each union that represents more than 500 employees.

Full Time Employment

Definition:
Defined by the U.S. Bureau of Labor Statistics as employment of 35 hours or more in a week.

More Employment Lawyer.com Terms >

 

Employment Resources

 


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Employment Hot Topics

 
Topics Related to Employment:

  • Collective Bargaining
  • Employment Discrimination
  • Unemployment Compensation
  • Pensions
  • Workplace Safety
  • Worker's Compensation

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New Mexico Employment Attorney

 
If you live in the following cities and need an Employment attorney you should contact our Employment Attorney as soon as possible:

  • Alamogordo
  • Albuquerque
  • Anthony
  • Artesia
  • Aztec
  • Belen
  • Carlsbad
  • Clovis
  • Deming
  • Edgewood
  • Espanola
  • Farmington
  • Gallup
  • Hobbs
  • Las Cruces
  • Las Vegas
  • Los Alamos
  • Los Lunas
  • Portales
  • Rio Rancho
  • Roswell
  • Santa Fe
  • Shiprock
  • Silver City
  • Taos
 


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