Last month, strong employment growth sent the jobless rate down to 8.3 percent — the lowest level in nearly three years. Employers created 243,000 new jobs in January. Meanwhile, employment gains for the previous two months were revised upward. According to the revised figures, the economy added 203,000 jobs in December and 157,000 in November. ...
As 2011 came to a close, broad-based employment growth helped push the unemployment rate down slightly. The jobless rate fell to 8.5 percent in December, compared to 8.6 percent the previous month. Unemployment is now at the lowest level since February 2009. Recommend on Facebook Tweet about it
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. ...
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
Despite an increase in payrolls, unemployment remained at 9.1 percent last month. The high unemployment rate reinforces the need for Congress to approve President Obama’s job-creation plan, according to Katharine Abraham, a member of the White House Council of Economic Advisers. Recommend on Facebook Tweet about it
The job market is still in the doldrums. Employers created no new jobs in August, and unemployment remained at 9.1 percent, the Labor Department reported today. In contrast to flat payrolls last month, employers created 85,000 jobs in July, according to revised numbers released by the government. In America today, 14 million people are jobless, ...
The July employment report wasn’t as bad as feared, but analysts are still jittery about the state of the economy. The report showed that payrolls increased by 117,000, beating economists’ expectations of 85,000 new jobs. The unemployment rate fell slightly, from 9.2 percent to 9.1 percent. Last month, the number of people in the labor ...
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
The job market turned in a disappointing performance last month, notching only a slight gain of 54,000 jobs. The results fell way short of expectations. Economists had predicted that employment for May would increase by 160,000. Meanwhile, the jobless rate rose slightly, from 9 percent to 9.1 percent. Recommend on Facebook Tweet about it
The latest employment report may seem to be sending mixed messages — but economists who have analyzed it say the news is largely positive. Payrolls rose by 244,000 last month, and job creation was spread across a number of industries. However, the jobless rate also increased, rising from 8.8 percent to 9 percent, the Labor ...