June 2015: unemployment rate down to 5.3 percent for first time in years

release from the U.S. Bureau of Labor Statistics, the unemployment rate has dropped 0.2 points down to 5.3 percent, the lowest the unemployment rate has been since April 2008. Last month, 223,000 new non-farming jobs were created, dropping the number of unemployed people down to 8.3 million. The majority of the new positions were available…

Read More

Government agencies to send aid to drought-stricken states on west coast

Seven states on the west coast — including California, Oregon and Washington — are set to receive aid from various federal agencies due to extreme drought conditions. The Obama administration has already earmarked $110 million for the relief efforts, to be distributed through various federal agencies with varying goals for the funds. The U.S. Department…

Read More