Tag Archive

Strong Hiring Seen at Start of New Year

February 3, 2017 No Comments

Employment growth was strong at the beginning of the new year, with the economy racking up 227,000 new jobs in January. “That’s a good number,” said Andrew Challenger, vice president of outplacement firm Challenger, Gray & Christmas. The growth was powered partly by retail trade, which added 46,000 new jobs. Other areas of growth included construction, […]

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Hiring Weakens in January, but Job Market Still Healthy

February 5, 2016 No Comments

Although employment growth slowed down last month, many other elements of the jobs report were solid. The economy created 151,000 new jobs in January, the Labor Department reported today. In contrast, 262,000 jobs were added in December, and 280,000 were created in November, according to revised data. Last month, employment gains were seen in retail […]

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Bright Employment Picture Seen in January

February 6, 2015 No Comments

The job market is shining bright in the new year, with wide-ranging job growth and strong wage increases. Employers created 257,000 jobs in January, the Labor Department reported today. And that figure included a number of “good” jobs in higher-paying fields, according to Doug Handler, chief U.S. economist at IHS Global Insight. Recommend on Facebook […]

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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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New Year Kicks Off with 157,000 New Jobs

February 1, 2013 No Comments

Employers continued to boost their payrolls in the new year, with 157,000 jobs created in January. Nevertheless, the nation’s unemployment rate increased slightly, from 7.8 percent to 7.9 percent. One particularly strong area was retail trade, which added nearly 33,000 jobs. Other areas of employment growth included construction, health care, and professional and business services. […]

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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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Weak Job Growth Attributed to Bad Weather

February 4, 2011 No Comments

At first glance, the January employment report doesn’t seem to make much sense. But if you dig deeper, you can find some explanations. The payroll survey showed that employers created only 36,000 new jobs, which was far fewer than economists had expected. But the unemployment rate — which is based on a separate measure called […]

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New Jobs Report Brings Mixed News

February 5, 2010 No Comments

Unemployment dropped last month, although jobs continued to vanish, the government reported today. The jobless rate was 9.7 percent in January, down from 10 percent the previous month. However, payrolls declined by 20,000, the Labor Department reported. In January, the nation lost 75,000 construction jobs, and employment in the transportation and warehousing sector fell by […]

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