Tag Archive

Strong Employment Growth Seen in June

July 7, 2017 No Comments

Employers added 222,000 jobs last month, according to the latest data on the U.S. job market. In another sign of strong job growth,┬áthe employment gains for the previous two months were revised upward by 47,000. “The June jobs report showed that the US jobs market still has a lot of vigor,” wrote Nariman Behravesh, chief […]

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Mixed Jobs Report Sends Message to Employers

July 2, 2015 No Comments

Although payrolls increased by 223,000 last month and the jobless rate fell to a seven-year low, the new employment report contains some worrisome signs. Unemployment declined from 5.5 percent to 5.3 percent in June, the Labor Department reported today. However, that drop was driven by a 432,000 decline in the labor force. The labor-force participation […]

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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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Employers Hiring at Strong Pace

July 5, 2013 No Comments

The U.S. economy created 195,000 new jobs last month — and the employment gains for April and May were larger than previously reported. A particularly strong category was professional and business services, which added 53,000 jobs. Other areas of employment growth included bars and restaurants, retail trade, and health care. However, manufacturing lost 6,000 jobs, […]

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Weak Job Growth Continues for Another Month

July 6, 2012 No Comments

The pace of job growth was sluggish for yet another month. Employers created only 80,000 jobs in June — a number that once again failed to live up to expectations. Economists had predicted that the nation would add 100,000 new jobs. Recommend on Facebook Tweet about it

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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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June Payrolls Drop as Census Workers Let Go

July 2, 2010 No Comments

After months of employment gains, payrolls fell last month — reflecting the loss of temporary Census jobs. The federal government laid off 225,000 Census workers in June, the Labor Department reported today. Overall, the economy shed 125,000 jobs last month. But the labor force shrank, and the jobless rate fell from 9.7 percent to 9.5 […]

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Unemployment Rate, Job Losses on the Rise

July 2, 2009 No Comments

Accelerating job losses pushed the U.S. unemployment rate slightly higher in June, to 9.5 percent — the highest level in 26 years. Employers cut 467,000 jobs in June, the Labor Department reported today. In comparison, the economy shed 322,000 jobs in May, according to revised figures released by the department. The June losses were spread […]

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