Tag Archive

Employers Add 261,000 Jobs in October

November 3, 2017 No Comments

After a tough September, the economy has rebounded, with employers creating 261,000 jobs last month. The Labor Department initially reported that 33,000 jobs were lost in September, although it revised that to show 18,000 jobs created that month. The sluggish results for September have been attributed largely to the effects of Hurricanes Harvey and Irma. […]

Tags: , , ,

Bright News on Wages in October Jobs Report

November 4, 2016 No Comments

Wages jumped by 10 cents last month, providing some upbeat news for employees. And workers can expect to see even higher wages in coming years, according to an economist. The October jobs report also showed that employers added 161,000 new jobs, and that job growth for the previous two months was revised upwards. According to […]

Tags: , , ,

Solid Jobs Data Seen in October

November 6, 2015 No Comments

Following a downbeat September jobs report, the news from October is much brighter. Payroll growth beat economists’ predictions, while the unemployment rate fell to a level not seen for years. Employment growth for last month was 271,000, driven by gains in a number of industries, the Labor Department reported today. In a Bloomberg survey of […]

Tags: , , ,

Job Growth Sends Unemployment to Six-Year Low

November 7, 2014 No Comments

The jobless rate dropped yet again last month, reaching the lowest level since mid-2008. Unemployment was at 5.8 percent in October, down from 5.9 percent in September, the Labor Department reported today. There was a lot of other positive news, also. Employers created 214,000 new jobs, as the labor force expanded by 416,000. Recommend on […]

Tags: , , ,

Employers Hire at Strong Pace, Despite Shutdown

November 8, 2013 No Comments

Although last month’s government shutdown was costly and bitter, preliminary data show that the job market was quite resilient. Hiring was stronger than predicted by economists, with payrolls up by 204,000, according to a survey released by the Labor Department today. The consensus forecast for October was 125,000 new jobs, as noted by IHS Global […]

Tags: , , ,

Unemployment Rises Slightly as Job Growth Revs Up

November 2, 2012 No Comments

Election Day is just around the corner, and voters have one final jobs report to consider before the big event. The report, which was released today, shows stronger job growth than many had expected. While economists had forecast a gain of 125,000 new jobs in October, employers actually created 171,000 jobs. Meanwhile, more people entered […]

Tags: , , ,

New Jobs Report Contains Some Positive Signs

November 4, 2011 No Comments

Unemployment fell slightly last month as employers added 80,000 new jobs, the Labor Department reported today. The jobless rate declined to 9 percent from 9.1 percent in September. However, last month’s job growth fell short of economists’ expectations of 95,000 new jobs. Recommend on Facebook Tweet about it

Tags: , , ,

Employment Growth Returns in October

November 5, 2010 No Comments

This week’s election results showed the depths of the public’s anxiety about the job market, but the latest unemployment report provides a glimmer of hope. Payrolls jumped for the first time in several months, as employers created 151,000 new jobs in October. The last time the economy added jobs was in May, when payrolls increased […]

Tags: , , ,

Unemployment Jumps to 10.2 Percent in October

November 6, 2009 No Comments

The unemployment rate has reached 10.2 percent, as the economy reels from job cuts in construction, manufacturing and retail trade. The U.S. economy lost 190,000 jobs in October, pushing unemployment to the highest rate since April 1983.┬áSince the recession began in December 2007, the nation has lost 7.3 million jobs. Last month, employment fell by […]

Tags: , , ,