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What You Earn for Life Likely Set Before You're 30: Report

Federal Reserve Bank of NY says bulk of earnings growth happens in one's 20s

(Newser) - Those who like predicting how much they'll have by the time they retire may want to peruse the Federal Reserve Bank of New York's latest research. The bank's report , which analyzed the careers of 5 million workers over four decades, found that it's the first 10...

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...

Top 10 Best Jobs in 2015
 Top 10 Best Jobs in 2015 
Jan 13, 2015 2:35 PM CST

Top 10 Best Jobs in 2015

'US News' is out with annual ranking

(Newser) - It's apparently hard to be an unemployed dentist. The jobless rate in the field of 0.9% is one of the reasons it ranks as No. 1 on US News ' ranking of the top jobs for 2015. Its median salary of $146,340 doesn't hurt, along with...

This Year Could Be Best for Hiring Since 1999
This Year Could Be Best
for Hiring Since 1999
jobs report
Dec 5, 2014 7:50 AM CST

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...

In Your 20s? Here's How to Get a Fatter Salary at 40

Job-hop now, study finds

(Newser) - A new study has a message for twentysomethings: To land a better-paying job that you love when you're older, it's healthy to job-hop now. It seems that frequent job-switchers boost their odds of having higher-paying, more satisfying jobs in their 30s and 40s, the Atlantic reports. While the...

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%....

Unemployment Rate Hits 6-Year Low: 5.9%

As 248K new jobs added

(Newser) - We saw what the AP terms a "burst of hiring" last month, with US employers adding 248,000 jobs and the unemployment rate dropping to its lowest level since July 2008—5.9%. Economists had expected 215,000 new jobs and the unemployment rate to hold at 6.1%,...

Today&#39;s Jobs Report: Not Great
 Today's Jobs Report: Not Great 
Sep 5, 2014 7:51 AM CDT

Today's Jobs Report: Not Great

Just 142K jobs added in August; unemployment down to 6.1%

(Newser) - Economists expected 225,000 jobs to be created in August—but today's jobs report reveals that just 142,000 were added, the "lowest level of job growth" seen this year and "well below" the average of 212,000 we've seen over the past year, the Wall ...

Jobless Claims Hit Pre-Recession Levels

2.56M people are receiving benefits, a 6-year low

(Newser) - Fewer Americans sought unemployment benefits last week, as the number of people collecting jobless aid fell to its lowest level in more than six years. The Labor Department said today that weekly applications for unemployment benefits fell 6,000 to a seasonally adjusted 312,000. The four-week average, a less...

Jobless Rate Down—and So Is Job Security

Companies reluctant to take risks on long-term hires

(Newser) - The unemployment rate may be down to 6.3% , but that doesn't mean the jobs we have are permanent. The New York Post points to an increasing number of "temp-to-hire" workers, who may be working 40-hour weeks but lack job security and miss out on benefits. Some 3%...

We&#39;ve Finally Regained All the Jobs Lost in Downturn
We've Finally Regained All the Jobs Lost in Downturn
jobs report
Jun 6, 2014 7:51 AM CDT

We've Finally Regained All the Jobs Lost in Downturn

Jobs report shows 217K new jobs in May, unemployment at 6.3%

(Newser) - Today's jobs report shook out slightly better than expected. Last month, 217,000 jobs were added, while economists had expected 210,000; the unemployment rate remained at 6.3%, while economists had expected it to tick up to 6.4%. That's the fourth straight month of "solid...

Unemployment Plunges to 6.3% —From 6.7%

As jobs report shows 288K jobs were created last month

(Newser) - Today's jobs report shook out far better than economists had expected: In April, 288,000 jobs were created, and the unemployment rate dropped to 6.3% from 6.7% . The expectations had been 215,000 and 6.6%, the Wall Street Journal reports. Those 288,000 jobs mark the...

The Year&#39;s 10 Best Jobs
 The Year's 10 Best Jobs 
Mar 16, 2014 8:38 AM CDT

The Year's 10 Best Jobs

Hiring tip: Be good with computers

(Newser) - Trying to decide on a career direction? US News & World Report is offering a list of the year's 100 best jobs—where "best" means good opportunities, good pay, job security, and decent work-life balance. Computer- and health-related work comes out on top:
  1. Software developer: The Bureau of
...

7 Jobs That Went the Way of the Dodo

Goodbye gandy dancers and knocker-up men

(Newser) - The modern age has a way of turning jobs obsolete in a hurry. At the San Francisco Chronicle , Katie Dowd picks out some of the more unusual casualties through history. A sampling:
  • Newspaper readers: The title is no joke. Decades ago, factories sometimes employed official readers to stand on a
...

Unemployment Ticks Up to 6.7%

175K jobs added in February

(Newser) - Pretty decent news in today's jobs report: 175,000 jobs were added in February; economists had expected 152,000. The unemployment rate ticked up from 6.6% to 6.7%. It had been expected to drop to 6.5%, but the AP explains why you shouldn't be alarmed:...

Good News, Economy: Workers Are Quitting

'Quit rate' is highest since recovery began

(Newser) - In November, some 1.8% of the workforce, or 2.4 million people, abandoned their jobs, the Labor Department says—and though some were retiring or leaving work behind altogether, most were exiting because they wanted to find, or had already secured, new jobs. It's the highest "quit...

Jobless Rate 6.6%, but That Fails to Impress

Just 113K new jobs created

(Newser) - Another disappointing jobs report: Just 113,000 jobs were created in January; economists had expected 189,000, and the average monthly gain in 2013 was 194,000. The unemployment rate did tick down to 6.6% from 6.7% , as had been expected; that's a 5-year low, the...

Is the ObamaCare Labor Bombshell Good News?

Pundits divided on implications of CBO report

(Newser) - On the face of it, the Congressional Budget Office report saying ObamaCare could shrink the full-time workforce may sound bad—but some pundits weighing in suggest it could actually be beneficial. Here's a sampling of what they're saying:
  • To the editors of the New York Times , it's
...

CBO: Workers to Trim Own Hours Under ObamaCare

Analysts figure it's the equivalent of 2M full-time jobs

(Newser) - ObamaCare returned to the headlines today, with a Congressional Budget Office report predicting that the law would reduce the number of hours worked by Americans over the next several years a lot more than expected, reports the Hill . Figure the equivalent of 2.3 million full-time positions by 2021, says...

Wanted at Buckingham Palace: Royal Bath-Runner

Housekeeping assistant will serve tea, assist guests

(Newser) - Help is wanted at Buckingham Palace, and keeping quiet is among the job requirements. The palace is looking for a housekeeping assistant, it says in a job ad —someone who will be in charge of "high-quality cleaning" and maintenance of bedrooms and bathrooms. The job holder will also...

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