Blog
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In ‘Anticlimax,’ Jobless Rate Sinks to 5.3%
It's a rare "Jobs Thursday" due to tomorrow's holiday, and so America learned a day earlier than usual that the unemployment rate fell to 5.3%, with "a solid" 223,000 jobs added in June, per the AP . That's a tad bit better and worse than expectations, per the Wall... Go to Source Author: Kate Seamons
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Jobs Report: Things Look to Be ‘Back on Track’
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 an overall... Go to Source Author: Evann Gastaldo
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April Jobs Report Mixes Good News With Bad
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, from... Go to Source Author: Evann Gastaldo
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Poor ‘Deadbeat’ Dads May Fall Into No Job-Jail Trap
The friend in the car with Walter Scott right before Scott's police-shooting death on April 4 says he'll "never know why he ran." But Scott's family says it's because he was afraid of being thrown in jail again for not paying child support, according to the New York Times —and... Go to Source Author: Jenn Gidman
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This Month’s Jobs Report a Surprise—the Bad Kind
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 slimmest gain since... Go to Source Author: Evann Gastaldo
