The latest employment report may seem to be sending mixed messages — but economists who have analyzed it say the news is largely positive. Payrolls rose by 244,000 last month, and job creation was spread across a number of industries. However, the jobless rate also increased, rising from 8.8 percent to 9 percent, the Labor ...
Employers added 290,000 workers to their payrolls in April — the largest monthly increase in four years. The new jobs were spread across many industries: manufacturing, mining, construction, professional and business services, health care, leisure and hospitality, and the federal government. Over the past four months, the U.S. economy has added 573,000 jobs. However, people ...
The tidal wave of layoffs sweeping through the United States may have crested, but it’s still inflicting damage. The unemployment rate jumped to 8.9 percent in April, as employers shed 539,000 jobs, the Labor Department reported today. It was the lowest number of job cuts in six months. “While it’s somewhat encouraging that this number ...