Quick Facts
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Employers Added Way More Jobs Than Expected
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... Go to Source Author:
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Now It’s Trump vs. Jay-Z
The subject in President Trump's Sunday morning Twitter crosshairs is somewhat less than likely: Jay-Z, reports Politico . He tweeted : "Somebody please inform Jay-Z that because of my policies, Black Unemployment has just been reported to be at the LOWEST RATE EVER RECORDED!" The back-and-forth started Saturday night, when the rapper... Go to Source Author: Polly Davis Doig
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Jobs Report Is So-So, but It Continues a Streak
US employers added 148,000 jobs in December, a modest gain but enough to suggest the economy entered the new year with solid momentum, per the AP . The Labor Department says the unemployment rate remained at 4.1% for a third straight month, the lowest since 2000. Employers added nearly... Go to Source Author:
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Employers Add More Jobs Than Expected
US employers added a robust 228,000 jobs in November, a sign of the job market's enduring strength in its ninth year of economic recovery, per the AP . The Labor Department says the unemployment rate remained at a 17-year low of 4.1%. The economy is expanding at a healthy... Go to Source Author:
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Unemployment Now at Lowest in 17 Years
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... Go to Source Author:
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Unemployment Claims Fall to Lowest Level Since 1973
The number of Americans collecting unemployment benefits fell last week to the lowest level since Richard Nixon was president, the AP reports. The Labor Department said Thursday that claims for jobless aid dropped by 22,000 to 222,000, the fewest since March 1973. The less volatile four-week average slid... Go to Source Author:
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Hurricanes Take a Toll, but an Unemployment Milestone
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... Go to Source Author:
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August Jobs Report a Little Worse Than Expected
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 those... Go to Source Author: Newser Editors
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New Jobs Report Erases Job Losses in Recession
It's another solid jobs report: The US economy added 209,000 new jobs in July as the unemployment rate ticked down to 4.3%, per the AP . That ties a 16-year low reached in May. The job gains exceeded expectations of about 180,000, but the Wall Street Journal notes... Go to Source Author: Newser Editors
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Best, Worst Careers for Job Security
What career path should you consider if job security is your main concern? To answer that question, 24/7 Wall St. looked at unemployment rates across a variety of fields and found 26 occupations with unemployment rates of just 1% or less—and another 26 with unemployment rates ranging from 8.... Go to Source Author: Evann Gastaldo
