Employers boosted payrolls by 216,000 in March, showing that they continue to be in the mood to hire. The expansion sent the jobless rate down slightly, from 8.9 percent in February to 8.8 percent last month. The overall trend in the unemployment numbers has been encouraging. Over the past four months, the unemployment rate has ...
The Labor Department released an encouraging jobs report today, showing that employers added 162,000 workers to their payrolls in March. However, the labor force also increased, and the unemployment rate held at 9.7 percent. Some of the employment growth resulted from federal hiring. In March, the government added 48,000 temporary workers to help with the 2010 ...
Be prepared for more and more competition for those coveted jobs. The U.S. unemployment rate reached 8.5 percent in March, up from 8.1 percent the month earlier, the Labor Department reported today. A prominent economic forecaster is predicting the jobless rate will peak at 10 percent, either later this year or in 2010. “People have ...