Quick Facts
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Jobless Figures Surprisingly Weak
Not so great news out of the Labor Department this morning: The economy created 142,000 jobs in September, well below forecasts of more than 200,000, reports the AP . Even so, the unemployment rate remained unchanged at 5.1%. The 142,000 may initially sound worse than last month's... Go to Source Author:
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Unemployment Hits 7-Year Low
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 it... Go to Source Author:
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Unemployment Holds at 5.3%
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 of at... Go to Source Author: Newser Editors
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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
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Unemployment Rate Lowest Since May 2008
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.... Go to Source Author: Evann Gastaldo
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Not Having a Job Could Warp Your Personality
New research suggests being unemployed may actually alter a person's "core personality" for the worse, making it harder to secure new employment, per the American Psychological Association . A study published in the APA's Journal of Applied Psychology looked at nearly 6,769 German adults who took a personality test at... Go to Source Author: Jenn Gidman
