jobs report

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Jobs Report Rock Solid, Despite GM Strike

Employers add 128K jobs as unemployment rate edges up to 3.6%

(Newser) - US employers added a solid 128,000 jobs in October, a figure that was held down by a now-settled strike against General Motors that caused several thousand workers to be temporarily counted as unemployed. The Labor Department says the unemployment rate ticked up from 3.5% to 3.6%, still...

Jobless Rate Hits 5-Decade Milestone

It's at 3.5%, though employers added a modest 136K jobs

(Newser) - Steady, but a little below expectations. That's the quick assessment of the Wall Street Journal of the new jobs report out Friday. Employers added 136,000 jobs in September, under the expected 145,000, though the unemployment rate fell to a five-decade low of 3.5% per the AP...

Jobs Report Misses Mark in Sign of Hiring Slowdown

Employers added 130K new jobs, and numbers for June, July were lowered

(Newser) - The new jobs report is out, and it's a lackluster one. Employers added 130,000 jobs in August, short of expectations ranging from 150,000 to 160,000, per the Wall Street Journal and the AP . The unemployment rate remained unchanged at 3.7%. In what the Journal sees...

Tacked Onto Economy in July: 164K Jobs

Unemployment rate holds steady from June, at 3.7%

(Newser) - US employers slowed their hiring in July, adding a still-healthy 164,000 jobs to an economy that appears poised to extend its decade-plus expansion, the AP reports. The Labor Department says the unemployment rate stayed at 3.7% for a second straight month, close to a 50-year low. Average hourly...

Jobs Report Makes Fed's Decision Trickier

Hiring is stronger than expected, easing fears of a slowdown but complicating idea of a rate cut

(Newser) - US employers sharply stepped up their hiring in June, adding a robust 224,000 jobs, an indication of the economy's durability after more than a decade of expansion, per the AP . Analysts expected a gain of 165,000. The strength of the jobs report the Labor Department issued Friday...

Unemployment Is Now at a 50-Year Low

Falls to 3.6% in strong new jobs report

(Newser) - The monthly jobs report is out, and it's another strong one. Employers added 263,000 jobs in April, solidly above expectations of about 181,000, per the AP . What's more, the unemployment rate ticked down to 3.6% from 3.8% and is now the lowest it has...

March Jobs Report Suggests February's Numbers Were Blip

A solid 196K jobs were added

(Newser) - Hiring rebounded in March as US employers added a solid 196,000 jobs, up sharply from February's scant gain and evidence that many businesses still want to hire despite signs the economy is slowing. The Labor Department says the unemployment rate stayed at 3.8%, near the lowest level...

Economists Expected 180K New Jobs. Not Even Close

But the unemployment rate sank to 3.8%

(Newser) - Economists had expected 180,000 new jobs in February. Not even close: Hiring tumbled as US employers added just 20,000 jobs last month, the fewest in nearly a year and a half. The Labor Department says the unemployment rate fell to 3.8% from 4%. Businesses stepped up their...

Unemployment Rate Rises, but That May Be Good News

It's up to 3.9% amid stronger-than-expected hiring

(Newser) - US employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth, and a partial shutdown of the federal government, per the AP . The figure is far higher than the...

Wages Rise at Fastest Pace in Nearly a Decade

Employers add 250K jobs, above expectations, as unemployment rate remains at 3.7%

(Newser) - The last unemployment report before the midterms is a strong one. Employers added 250,000 jobs in October, above the forecast of 188,000, reports the Wall Street Journal . The unemployment rate itself remained at a five-decade low of 3.7%, per the AP . The influx of new job-seekers in...

Unemployment Rate Slips Back Below 4%

With 157K jobs added in July

(Newser) - US employers slowed their hiring in July, adding 157,000 jobs, a solid gain but below the healthy pace they maintained in the first half of this year and down from expectations of 190,000 jobs. The Labor Department says the unemployment rate ticked down to 3.9% from 4%....

Unemployment Rate No Longer Starts With a 3

Ticks up to 4%

(Newser) - The unemployment rate rose to 4% in June, up from the 18-year low of 3.8%. The uptick comes as 213,000 jobs were added, which exceeded analysts' expectation of 195,000, per the Wall Street Journal . It calls that jobs count "another strong reading in a string of...

Unemployment Rate Doesn't Budge for 6th Month in Row

Holds steady at 4.1%

(Newser) - Economists had projected the unemployment rate to drop to 4.0% for the first time since 2000, but that milestone wasn't to be in March: The jobless rate held steady at 4.1% for the sixth consecutive month, the Wall Street Journal reports. Some 103,000 jobs were added,...

Employers Added Way More Jobs Than Expected

313K in February as unemployment rate remains at 4.1%

(Newser) - US employers went on a hiring binge last month, adding 313,000 jobs, the most since July 2016, and drawing hundreds of thousands of people into the job market, per the AP . The figure of 313,000 easily surpassed the 205,000 economists had predicted, reports the Wall Street Journal ...

Report: 200K Jobs Added by US Employers in January

And wage growth is at fastest rate in 8 years

(Newser) - US employers added a robust 200,000 jobs in January, and wages rose at the fastest pace in more than eight years. The pay gains suggest employers are competing more fiercely for workers. Raises stemming from Republican tax cuts and minimum wage increases in 18 states also likely boosted pay....

Unemployment Now at Lowest in 17 Years

Rate is 4.1%, as hiring picks up after hurricanes

(Newser) - US employers added a robust 261,000 jobs in October as the economy recovered from hurricanes that slammed the Southeast in September, per the AP . The Labor Department says the unemployment rate declined to 4.1%, the lowest in nearly 17 years, from 4.2% in September. The burst of...

Hurricanes Take a Toll, but an Unemployment Milestone

Unemployment at 4.2%, the lowest since 2001

(Newser) - The new jobs report is a case of good news/bad news. The US lost 33,000 jobs in September after Hurricanes Harvey and Irma hit Texas, Florida, and other Southeastern states, which the AP reports is the first decline in almost seven years. However, the Labor Department says the unemployment...

August Jobs Report a Little Worse Than Expected

Unemployment rate inches up a hair to 4.4%

(Newser) - August didn't quite meet expectations, with 156,000 new jobs created and a 4.4% unemployment rate, versus analysts' expectations of 179,000 new jobs and an unchanged unemployment rate of 4.3%. The picture also soured slightly for June and July, with the number of jobs added over...

Trump's Jobs Tweet Violates Federal Rule

And it's not the first time

(Newser) - President Trump has violated a federal rule—again. On Friday, the president tweeted : "Excellent Jobs Numbers just released - and I have only just begun. Many job stifling regulations continue to fall. Movement back to USA!" The problem, according to CNN , is that Trump's tweet came just...

Unemployment Hits 16-Year Low
Unemployment
Hits 16-Year Low
Jun 2, 2017 8:08 AM CDT

Unemployment Hits 16-Year Low

It's 4.3%, but the pace of hiring slows

(Newser) - US employers pulled back on hiring in May by adding only 138,000 jobs, though hiring was still enough to help keep pushing unemployment lower. The Labor Department says the unemployment rate fell to 4.3% from 4.4% , reports the AP . That's the lowest level since May 2001,...

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