Archive for News

New Data Show Strong Job Market

July 3, 2014 No Comments

Hiring in the U.S. was brisk last month, as the economy added 288,000 new jobs, the Labor Department reported today. In addition, unemployment fell from 6.3 percent to 6.1 percent, the lowest rate in nearly six years. The last time the jobless rate was at 6.1 percent was in September 2008. Meanwhile, the labor force […]

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Employment Milestone Reached, but Concerns Remain

June 6, 2014 No Comments

The job market reached a historic milestone in May, as employment grew by 217,000. The U.S. economy has now gained back all of the jobs that were shed during the recent recession, but there are still concerns about the types of positions that are being created. The nation’s unemployment rate remained at 6.3 percent, as […]

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Jobs Report Surprises with Very Strong Growth

May 2, 2014 No Comments

The job market moved into the fast lane last month, with the pace of growth topping economists’ expectations. Employers created 288,000 new jobs in April, the Labor Department reported today. The consensus expectation for the month was 210,000 jobs, according to IHS Global Insight. Over the previous 12 months, the monthly employment growth had averaged 190,000, […]

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Growth Continues as Unemployment Stays at 6.7%

April 4, 2014 No Comments

The economy added 192,000 jobs last month, continuing a trend of steady employment growth. The jobless rate remained at 6.7 percent, however, as the nation’s labor force increased. The payroll figure was less than economists had forecast. The consensus estimate was 195,000 new jobs for March, according to IHS Global Insight. Recommend on Facebook Tweet about it

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Report Shows Accelerating Job Growth

March 7, 2014 No Comments

Payrolls rose by 175,000 last month, a figure that topped economists’ expectations. The jobless rate increased from 6.6 percent to 6.7 percent, as the nation’s labor force expanded by 264,000, the Labor Department reported today. Recommend on Facebook Tweet about it

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Employment Figures Underwhelm Yet Again

February 7, 2014 No Comments

It’s a new year, which brings new hope — but unfortunately, hopes for stronger job growth haven’t been realized. The Labor Department reported today that the economy added only 113,000 new jobs in January. The consensus among economists was that employment would rise by 181,000, according to IHS Global Insight. Recommend on Facebook Tweet about […]

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December Payrolls Fail to Meet Expectations

January 10, 2014 No Comments

The pace of job growth slowed down as 2013 ended, according to the employment figures released today by the Labor Department. Payrolls increased by just 74,000 in December, losing steam from the two previous months. In October, employers created 200,000 jobs, and the economy added 241,000 jobs in November, according to the most recent government […]

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Jobless Rate Falls to 7 Percent

December 6, 2013 No Comments

The nation’s unemployment rate dropped from 7.3 percent to 7 percent in November, as workers who had been furloughed during the government shutdown returned to their jobs. In addition, employers created 203,000 new jobs in a wide range of sectors, the Labor Department reported today. Economists had predicted job growth of 181,000 for the month, […]

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Employers Hire at Strong Pace, Despite Shutdown

November 8, 2013 No Comments

Although last month’s government shutdown was costly and bitter, preliminary data show that the job market was quite resilient. Hiring was stronger than predicted by economists, with payrolls up by 204,000, according to a survey released by the Labor Department today. The consensus forecast for October was 125,000 new jobs, as noted by IHS Global […]

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Delayed Jobs Report Shows Underwhelming Growth

October 22, 2013 No Comments

The employment report for September is finally out, and it reveals that job gains were well below economists’ predictions. Job growth for the month totaled 148,000, while the unemployment dropped from 7.3 percent to 7.2 percent. The consensus expectation was 180,000 new jobs, according to IHS Global Insight. Recommend on Facebook Tweet about it

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