Tag Archive

Weak Payroll Growth Seen in March

April 7, 2017 No Comments

Employers added a relatively small number of jobs in March, and the employment picture for the month isn’t very clear. The number of jobs created was just 98,000, the Labor Department reported today. That contrasts with 219,000 new jobs in February, and 216,000 in January. Recommend on Facebook Tweet about it

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Impressive Data in March Jobs Report

April 1, 2016 No Comments

There are several signs in the March employment report showing that the job market is on the right track. Employment was up by 215,000 nationwide, while average hourly earnings rose by 7 cents and the labor force expanded by 396,000. The payroll growth was powered by gains in retail trade, construction and health care. Recommend […]

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Employment Growth in March Slows Down

April 3, 2015 No Comments

After months of strong job gains, the pace slowed down last month — and low oil prices likely contributed to the weaker number. Employment grew by 126,000 in March — down from 264,000 jobs in February, and 201,000 for January, according to revised government figures. Recommend on Facebook Tweet about it

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Growth Continues as Unemployment Stays at 6.7%

April 4, 2014 No Comments

The economy added 192,000 jobs last month, continuing a trend of steady employment growth. The jobless rate remained at 6.7 percent, however, as the nation’s labor force increased. The payroll figure was less than economists had forecast. The consensus estimate was 195,000 new jobs for March, according to IHS Global Insight. Recommend on Facebook Tweet about it

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Pace of Job Creation Slows in March

April 5, 2013 No Comments

The new employment report brought a lot of underwhelming news. Economists had forecast that 200,000 new jobs would appear last month, but the government reported today that the job growth in March was only 88,000. In contrast, the government’s revised numbers show that the economy added 268,000 jobs in February. The slowdown created new uncertainty […]

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Pace of Job Growth Slows in March

April 6, 2012 No Comments

Employers created 120,000 jobs last month, a number that fell below economists’ expectations. The unemployment rate fell from 8.3 percent to 8.2 percent, the Labor Department reported today. But the decline is actually bad news, because it reflects the fact that fewer people were searching for jobs, economist Nigel Gault wrote in a commentary. The […]

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Healthy Job Growth Pushes Unemployment Down

April 1, 2011 No Comments

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 […]

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New Report Shows Employment Growth

April 2, 2010 No Comments

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 […]

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Job Seekers, Be Patient

April 3, 2009 No Comments

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 […]

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