Tag Archive

Strong Job Growth Seen in November

December 8, 2017 No Comments

Payrolls rose more than expected last month, with 228,000 new jobs tallied. Growth occurred in professional and business services, which added 46,000 jobs; in manufacturing, with 31,000 jobs; and health care, which gained 30,000. According to a Reuters report, economists expected job growth to be around 200,000 in November. In an analysis, economist Diane Swonk […]

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November Jobs Report Shows Mixed News

December 2, 2016 No Comments

Payrolls headed up last month, but wages went in the opposite direction, according to the latest government jobs report. The total job growth for November was 178,000, the government reported today. That was powered by a whopping 63,000 new jobs in professional and business services, along with 28,000 jobs in health care. Recommend on Facebook […]

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Employment Increasing at Strong Pace

December 4, 2015 No Comments

The latest jobs report shows that employers have been hiring at a healthy rate. In November, U.S. payrolls rose by 211,000, powered by widespread growth. The labor force gained 273,000 people, while the jobless rate stayed at 5 percent, the Labor Department reported today. One industry that had a good month was construction, which added […]

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Especially Strong Hiring Seen in November

December 5, 2014 No Comments

The pace of hiring sped up in November, leading to a major surprise in the employment picture. Employers created 321,000 jobs last month, compared to 243,000 in October, the Labor Department reported today. The November figure dramatically beat economists’ expectations.┬áIHS Global Insight had predicted 258,000 new jobs, and the consensus estimate was 225,000. The unemployment […]

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Job Growth Beats Expectations in November

December 7, 2012 No Comments

Although economists expected Hurricane Sandy to lower job creation in November, the government reported today that it didn’t have a major impact on the employment numbers. For that reason, job growth last month — which totaled 146,000 — was higher than predicted. The employment gains were spread across many areas, including retail trade, professional and […]

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November Brings Large Drop in Unemployment

December 2, 2011 No Comments

The jobless rate fell dramatically last month, driven not only by higher employment but also by a drop in the labor force. The Labor Department reported today that the unemployment rate dropped to 8.6 percent in November, compared to 9 percent the previous month. This is the lowest level it has reached since March 2009. […]

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Job Creation Slows in November

December 3, 2010 No Comments

The November jobs report brought some bad news for the Obama Administration. Last month, the pace of employment growth slowed dramatically. The economy created only 39,000 new jobs in November, compared to 172,000 the previous month, according to revised figures from the U.S. Labor Department. The unemployment rate jumped from 9.6 percent to 9.8 percent. […]

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Jobs Report Provides Holiday Surprise

December 4, 2009 No Comments

In news that brightens the holiday season for the Obama administration, the unemployment rate dropped slightly in November, and the economy lost far fewer jobs than expected. Unemployment fell from 10.2 percent to 10 percent, the Labor Department reported today. Employers cut 11,000 jobs, the smallest loss since December 2007. In a speech today in […]

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