Quick Facts
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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
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Unemployment Hits 16-Year Low
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, reports... Go to Source Author:
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Unemployment Rate Falls to Lowest in a Decade
The latest jobs report might have President Trump tweet-boasting again. Employers added 211,000 jobs in April, more than expected, following a poor showing of just 79,000 in March. (The latter figure was revised downward from an already weak 98,000.) The unemployment rate, meanwhile, ticked down to... Go to Source Author: Newser Editors
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Getting Fired Can Be Harder Than Losing a Spouse
Here's something you might not want to forward to your significant other: You're likely to recover from losing him or her faster than you would recover from losing your job. So say researchers at the University of East Anglia and the What Works Center for Wellbeing in the UK, who've... Go to Source Author: Elizabeth Armstrong Moore
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Jobs Report Brings Bad News on Hiring
A not-so-great unemployment report Friday: US employers added just 98,000 jobs last month, the fewest in a year, though the unemployment rate fell to an almost seven-year low of 4.5%, reports the AP . The Labor Department says the unemployment rate fell because nearly a half-million more Americans found... Go to Source Author:
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Trump Crows After Release of Strong Jobs Report
The odds of a rate hike by the Fed next week just went up even more: The Labor Department released another solid unemployment report Friday morning. US employers added 235,000 jobs in February, more than expected, and the unemployment rate dropped from 4.8% to 4.7%, reports MarketWatch... Go to Source Author:
