Tag Archive

Unemployment Declines to Lowest Level in 10 Years

May 5, 2017 No Comments

The job-market news was stellar in April. Not only did the jobless rate drop to 4.4 percent – the lowest it’s been in a decade – but payroll growth was also strong, at 211,000. The job growth marks “a sharp rebound from the tepid pace of March,” wrote economist Diane Swonk of DS Economics in […]

Tags: , , ,

Employment Picture Brighter in April

May 8, 2015 No Comments

Last month, the job scene sprang back to life. The U.S. economy added 223,000 jobs in April, the Labor Department reported today. That’s quite a contrast from the month before, when the numbers were weak. Revised figures show that employers created only 85,000 jobs in March. Recommend on Facebook Tweet about it

Tags: , , ,

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┬áIHS Global Insight. Over the previous 12 months, the monthly employment growth had averaged 190,000, […]

Tags: , , ,

Employers Boost Hiring in April

May 3, 2013 No Comments

The unemployment rate dropped to 7.5 percent last month, as employers hired more people than expected. In April, the economy gained 165,000 jobs, beating economists’ predictions of 140,000 new positions. Employment growth is also up from March, when employers created 138,000 new jobs, according to the government’s revised numbers. Another good sign: the revised figures […]

Tags: , , ,

Job Growth is Underwhelming, Again

May 4, 2012 No Comments

For the second month in a row, the pace of job growth was disappointing, and the unemployment rate dropped for the wrong reason. Payrolls increased by 115,000 in April, which was about 50,000 less than economists had forecast. The government’s revised figures show that payrolls rose by 154,000 in March. In comparison, the average job […]

Tags: , , ,

April Brings Strong Job Growth

May 6, 2011 No Comments

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 […]

Tags: , , ,

Economy Adds Jobs, but Unemployment Rises

May 7, 2010 No Comments

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 […]

Tags: , , ,

Unemployment Rises, but Job Cuts Ease

May 8, 2009 No Comments

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 […]

Tags: , , ,