Archive for News

Strong Job Growth Pushes Unemployment Rate Down

February 3, 2012 No Comments

Last month, strong employment growth sent the jobless rate down to 8.3 percent — the lowest level in nearly three years. Employers created 243,000 new jobs in January. Meanwhile, employment gains for the previous two months were revised upward. According to the revised figures, the economy added 203,000 jobs in December and 157,000 in November. ...

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Jobless Rate Falls Slightly as Year Ends

January 6, 2012 3 Comments

As 2011 came to a close, broad-based employment growth helped push the unemployment rate down slightly. The jobless rate fell to 8.5 percent in December, compared to 8.6 percent the previous month. Unemployment is now at the lowest level since February 2009. Recommend on Facebook Tweet about it

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November Brings Large Drop in Unemployment

December 2, 2011 No Comments

The jobless rate fell dramatically last month, driven not only by higher employment but also by a drop in the labor force. The Labor Department reported today that the unemployment rate dropped to 8.6 percent in November, compared to 9 percent the previous month. This is the lowest level it has reached since March 2009. ...

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New Jobs Report Contains Some Positive Signs

November 4, 2011 No Comments

Unemployment fell slightly last month as employers added 80,000 new jobs, the Labor Department reported today. The jobless rate declined to 9 percent from 9.1 percent in September. However, last month’s job growth fell short of economists’ expectations of 95,000 new jobs. Recommend on Facebook Tweet about it

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Unemployment Remains High in September

October 7, 2011 No Comments

Despite an increase in payrolls, unemployment remained at 9.1 percent last month. The high unemployment rate reinforces the need for Congress to approve President Obama’s job-creation plan, according to Katharine Abraham, a member of the White House Council of Economic Advisers. Recommend on Facebook Tweet about it

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Report: No Job Growth Last Month

September 2, 2011 No Comments

The job market is still in the doldrums. Employers created no new jobs in August, and unemployment remained at 9.1 percent, the Labor Department reported today. In contrast to flat payrolls last month, employers created 85,000 jobs in July, according to revised numbers released by the government. In America today, 14 million people are jobless, ...

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Employers Add More Jobs Than Expected

August 5, 2011 No Comments

The July employment report wasn’t as bad as feared, but analysts are still jittery about the state of the economy. The report showed that payrolls increased by 117,000, beating economists’ expectations of 85,000 new jobs. The unemployment rate fell slightly, from 9.2 percent to 9.1 percent. Last month, the number of people in the labor ...

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Job Expectations Dashed Again

July 8, 2011 No Comments

The U.S. job market took another turn for the worse last month. The Labor Department reported a gain of only 18,000 jobs — a much smaller number than economists had expected. Meanwhile, the unemployment rate rose from 9.1 percent in May to 9.2 percent last month. Recommend on Facebook Tweet about it

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Claims Swirl Around ‘.Jobs Universe’

July 8, 2011 No Comments

As the legal battle over the .Jobs Universe continues, you may be wondering what the implications of the ambitious project are. But like many things in life, that’s open to debate. The .Jobs Universe consists of 40,000 geographic and occupational domains, which end in the “.jobs” suffix. The network allows job seekers to search by ...

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Battle Continues Over Job Websites

July 8, 2011 No Comments

The controversy ignited by a huge network of employment websites is still red hot, even though the legal battle over the project has been dragging on for quite a while. At the center of the dispute is the .Jobs Universe, a platform of 40,000 geographic and occupational domains that end in the “.jobs” suffix. Some ...

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