jobs report

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Obama Hands Trump a 4.7% Unemployment Rate
We Went From 7.8% to 4.7%
Under Obama's Watch
jobs report

We Went From 7.8% to 4.7% Under Obama's Watch

Rate ticked up slightly in December, as expected

(Newser) - It's the end of an era: The last jobs report that falls fully under President Obama's tenure was issued on Friday, and he'll hand President-elect Donald Trump an economy that boasts a 4.7% unemployment rate. That's a tick up from November's 4.6%, and...

Hiring Steady as Wages See Biggest Rise Since Recession

Unemployment now at 4.9%

(Newser) - US employers added a decent 161,000 jobs in October, and the unemployment rate dipped to 4.9% from 5%, reports the AP . It was the final major report on a lukewarm but durable economy before Americans choose a new president next week. The Labor Department said Friday that average...

September Jobs Report Shows Decent Gain

Numbers could keep the Fed on track to raise interest rates

(Newser) - Job gains in September were slightly weaker than the 172,000 jobs that Wall Street economists expected, but the 156,000 jobs that employers did add were enough to welcome new workers and bring back some of those who fell off the map after the Great Recession, per the New ...

August Jobs Report: Numbers Can't Compare to Recent Gains

151K jobs added—about half of July's gains

(Newser) - Hiring downshifted last month as US employers added a modest 151,000 jobs, about half the blockbuster gains of the two previous months, the AP reports. The Labor Department said Friday the unemployment rate remained 4.9% for the third straight month. The figures are far below July's gain...

June Jobs Report Shows Huge Gains

Unemployment rose slightly to 4.9%

(Newser) - Employers shook off two months of weak hiring by adding 287,000 jobs in June, a robust pace that suggests a resilient US economy. The hiring spurt marked a sharp improvement from May's dismal showing, when just 11,000 jobs were added, reports the AP . A modest 144,000...

April Jobs Report: Job Gains Smallest in 7 Months

But unemployment rate stays at same low of 5% it's been at since the fall

(Newser) - US employers pulled back on hiring in April after a streak of solid monthly gains, adding 160,000 jobs, the fewest in seven months, the AP reports. The unemployment rate remained at a low of 5%, roughly the same level it has been since the fall. The job gain was...

'Datageddon' Day: 215K More Jobs, but Unemployment Ticks Up

The good news: More Americans are on the hunt for jobs

(Newser) - US employers notched another solid month of hiring in March by adding a higher-than-expected 215,000 jobs, driven by large gains in the construction, retail, and health care industries, the AP reports. Despite the jump, the Labor Department said Friday that the unemployment rate ticked up to 5% from 4....

Jobs Report Stronger Than Expected

Unemployment remains at 4.9%

(Newser) - The February jobs report came in stronger than expected on Friday: Employers added 242,000 jobs last month, above the 200,000 or so that analysts were expecting and way up from the revised figure of 172,000 in January. The unemployment rate, meanwhile, remained at 4.9%. One not-so-bright...

Jobless Rate Lowest in 8 Years
 Jobless Rate Lowest in 8 Years 

Jobless Rate Lowest in 8 Years

It's at 4.9%, but employers added fewer jobs than expected

(Newser) - A mixed bag in Friday's monthly jobless report: The unemployment rate dipped from 5% to 4.9% in January, the first time it's fallen below 5% in eight years, reports AP . What's more, average wages rose .5% to $25.39, "another sign of a healthy labor...

New Jobs Data 'All the Ammo' Fed Needs to Raise Rates

Unemployment rate remains at 5%

(Newser) - The Labor Department is out with what CNBC calls "one of the most anticipated unemployment reports of the year"—and its results have analysts more sure than ever that the Fed will raise interest rates later this month. Employers added 211,000 jobs in November, and the unemployment...

Jobs Report Comes In Stronger Than Expected

Might be enough for the Fed to raise rates

(Newser) - The Labor Department is out with a stronger-than-expected jobs report, one that makes it tough to call whether the Fed will raise interest rates in December. The Labor Department says the economy added 271,000 jobs in October, far higher than the forecast of 183,000, as the unemployment rate...

Unemployment Hits 7-Year Low

Employers add 173K jobs as rate falls to 5.1%

(Newser) - Hiring was relatively weak in August, but the 173,000 jobs added by US employers were enough to bring the nation's unemployment rate down to its lowest level in seven years, reports AP . The Labor Department said today the rate dropped from 5.3% to 5.1%, a level...

Unemployment Holds at 5.3%
 Unemployment Holds at 5.3% 

Unemployment Holds at 5.3%

215K jobs were added in July

(Newser) - The Wall Street Journal was right on the money: It estimated that 215,000 jobs were added in July and predicted that the unemployment rate would remain at 5.3%. That's exactly what happened. Writing for the Journal, Erik Holm notes that "this marks the third straight month...

Jobs Report: Things Look to Be 'Back on Track'

280K new jobs added, unemployment rate ticks up to 5.5%

(Newser) - It's a good number: 280,000 jobs were added in May, besting economists' consensus prediction of 225,000. Today's jobs report also revealed the unemployment rate ticked up from 5.4% to 5.5%, the Wall Street Journal reports. The new jobs numbers for March and April show...

April Jobs Report Mixes Good News With Bad

Unemployment rate 5.4%, 223K jobs added, but there's a but

(Newser) - The unemployment rate fell from 5.5% to 5.4% in April and the economy added 223,000 jobs—pretty close to the 228,000 economists had expected—but elements of the jobs report weren't exactly encouraging. The number of new jobs added in March was revised way down,...

This Month's Jobs Report a Surprise—the Bad Kind

Economy adds just 126K jobs, and more not-great news

(Newser) - The US economy added just 126,000 jobs in March—not even close to the 248,000 economists had expected, the Wall Street Journal reports. The unemployment rate remained unchanged , at 5.5%. At the Journal, Paul Vigna calls the jobs number a "surprise," noting that's the...

Unemployment Rate Lowest Since May 2008

At 5.5%, but there's a 'but'

(Newser) - A better jobs report than expected today, at least when it comes to new jobs: 295,000 of them were added last month, and the unemployment rate fell to 5.5%, the AP reports. Economists had expected 240,000 new jobs, with the unemployment rate expected to drop from 5....

1st Jobs Report of 2015: Mostly Good News

More jobs added than expected, though unemployment rate ticks up

(Newser) - The US economy added 257,000 jobs last month, a full 20,000 more than economists had expected today's jobs report to show, the Wall Street Journal reports. The unemployment rate ticked up from 5.6% to 5.7%, but as the AP explains, that's partially because more...

This Year Could Be Best for Hiring Since 1999
This Year Could Be Best
for Hiring Since 1999
jobs report

This Year Could Be Best for Hiring Since 1999

321K jobs added in November as unemployment rate holds at 5.8%

(Newser) - With the November jobs report in, America is poised to have its best year for job gains since 1999. Last month, 321,000 jobs were added, and the unemployment rate held steady at 5.8%. According to the Wall Street Journal , economists had expected just 230,000 jobs. More good...

Unemployment Rate Lowest Since 2008

It hits 5.8%, with 214K jobs added in October

(Newser) - The unemployment rate ticked down from 5.9% to 5.8% last month, its lowest level since July 2008, the AP reports. And 214,000 jobs were added; 233,000 had been expected, per the Wall Street Journal's forecast, with the unemployment rate expected to stick at 5.9%....

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