jobs report

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Jobs Number Comes In Much Worse Than Expected

Employers added 245K jobs, a big dropoff

(Newser) - The new unemployment report is out, and it has a figure that in normal times would be strong: Employers added 245,000 new jobs in November. Meanwhile, the unemployment rate dropped from 6.9% to 6.7%. But in the context of the surging pandemic, the stat about new jobs...

The Final Jobs Report Before the Election Is Out

Unemployment rate falls to 7.9%

(Newser) - The Labor Department released the final jobs report we'll have before the November election, and it was a mixed bag. The jobless rate fell further than expected, to 7.9% in September from 8.4% in August. But while the Wall Street Journal reports economists had expected about 800,...

Unemployment Rate Officially Worst Since Great Depression

Rises to 14.7% in April

(Newser) - Everyone knew the numbers were going to be bad —and the numbers are bad. The unemployment report released Friday morning shows that 20.5 million Americans lost their jobs in April as the pandemic shutdown took full effect, reports the AP . The figure is staggering but actually a bit...

The Jobs Report Is Coming. It&#39;s Going to Be Grim
'And Now, It's Gone':
What the Jobs Report Will Hold
the rundown
May 8, 2020 12:45 AM CDT

'And Now, It's Gone': What the Jobs Report Will Hold

US is expected to have wiped out a decade's worth of jobs

(Newser) - The monthly jobs report is out at 8:30am ET Friday, when we'll find out just how grim the April employment numbers are. The March report was "shocking," without even showing the true brunt of the coronavirus pandemic's impact since the relevant surveys end mid-month. Media...

Grim Numbers Expected in Today's Jobs Report

And there is much worse to come, analysts say

(Newser) - After a record 113 straight months of hiring, the government's monthly jobs report Friday is expected to show that the American jobs machine came to a sudden halt in March as a result of the coronavirus. Economists have forecast that the government will say employers shed about 150,000...

'Robust' Jobs Report Stronger Than Expected

Seen as a signal for economic growth this year

(Newser) - The January jobs report is in, and it's stronger than expected. Employers added 225,000 jobs, well ahead of expectations of about 160,000. The Wall Street Journal sees the gains as "robust" and says they point "to a continued healthy labor market in a US economic...

A 'Sour Note' on Jobs, but Still a 10-Year Milestone

Hiring slows in December, though US now has seen 10 straight years of job gains

(Newser) - The last jobs report of 2019 and the decade came in shy of expectations. Employers added 145,000 jobs in December, lower than the expected 160,000 and enough to qualify as a "sour note," reports CNBC . Still, the figure caps the 10th straight year of payroll gains,...

Unemployment Hasn't Been This Low in 50 Years

Rate drops to 3.5% as employers add a robust 266K jobs

(Newser) - The new jobs report is out, and it's a robust one. Employers added 266,000 jobs in November, easily beating estimates of 187,000, reports CNBC . Part of the surge reflects the end of a strike at GM, but the figure still represents the strongest month since January of...

Jobs Report Rock Solid, Despite GM Strike

Employers add 128K jobs as unemployment rate edges up to 3.6%

(Newser) - US employers added a solid 128,000 jobs in October, a figure that was held down by a now-settled strike against General Motors that caused several thousand workers to be temporarily counted as unemployed. The Labor Department says the unemployment rate ticked up from 3.5% to 3.6%, still...

Jobless Rate Hits 5-Decade Milestone

It's at 3.5%, though employers added a modest 136K jobs

(Newser) - Steady, but a little below expectations. That's the quick assessment of the Wall Street Journal of the new jobs report out Friday. Employers added 136,000 jobs in September, under the expected 145,000, though the unemployment rate fell to a five-decade low of 3.5% per the AP...

Jobs Report Misses Mark in Sign of Hiring Slowdown

Employers added 130K new jobs, and numbers for June, July were lowered

(Newser) - The new jobs report is out, and it's a lackluster one. Employers added 130,000 jobs in August, short of expectations ranging from 150,000 to 160,000, per the Wall Street Journal and the AP . The unemployment rate remained unchanged at 3.7%. In what the Journal sees...

Tacked Onto Economy in July: 164K Jobs

Unemployment rate holds steady from June, at 3.7%

(Newser) - US employers slowed their hiring in July, adding a still-healthy 164,000 jobs to an economy that appears poised to extend its decade-plus expansion, the AP reports. The Labor Department says the unemployment rate stayed at 3.7% for a second straight month, close to a 50-year low. Average hourly...

Jobs Report Makes Fed's Decision Trickier

Hiring is stronger than expected, easing fears of a slowdown but complicating idea of a rate cut

(Newser) - US employers sharply stepped up their hiring in June, adding a robust 224,000 jobs, an indication of the economy's durability after more than a decade of expansion, per the AP . Analysts expected a gain of 165,000. The strength of the jobs report the Labor Department issued Friday...

Unemployment Is Now at a 50-Year Low

Falls to 3.6% in strong new jobs report

(Newser) - The monthly jobs report is out, and it's another strong one. Employers added 263,000 jobs in April, solidly above expectations of about 181,000, per the AP . What's more, the unemployment rate ticked down to 3.6% from 3.8% and is now the lowest it has...

March Jobs Report Suggests February's Numbers Were Blip

A solid 196K jobs were added

(Newser) - Hiring rebounded in March as US employers added a solid 196,000 jobs, up sharply from February's scant gain and evidence that many businesses still want to hire despite signs the economy is slowing. The Labor Department says the unemployment rate stayed at 3.8%, near the lowest level...

Economists Expected 180K New Jobs. Not Even Close

But the unemployment rate sank to 3.8%

(Newser) - Economists had expected 180,000 new jobs in February. Not even close: Hiring tumbled as US employers added just 20,000 jobs last month, the fewest in nearly a year and a half. The Labor Department says the unemployment rate fell to 3.8% from 4%. Businesses stepped up their...

Unemployment Rate Rises, but That May Be Good News

It's up to 3.9% amid stronger-than-expected hiring

(Newser) - US employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth, and a partial shutdown of the federal government, per the AP . The figure is far higher than the...

Wages Rise at Fastest Pace in Nearly a Decade

Employers add 250K jobs, above expectations, as unemployment rate remains at 3.7%

(Newser) - The last unemployment report before the midterms is a strong one. Employers added 250,000 jobs in October, above the forecast of 188,000, reports the Wall Street Journal . The unemployment rate itself remained at a five-decade low of 3.7%, per the AP . The influx of new job-seekers in...

Unemployment Rate Slips Back Below 4%

With 157K jobs added in July

(Newser) - US employers slowed their hiring in July, adding 157,000 jobs, a solid gain but below the healthy pace they maintained in the first half of this year and down from expectations of 190,000 jobs. The Labor Department says the unemployment rate ticked down to 3.9% from 4%....

Unemployment Rate No Longer Starts With a 3

Ticks up to 4%

(Newser) - The unemployment rate rose to 4% in June, up from the 18-year low of 3.8%. The uptick comes as 213,000 jobs were added, which exceeded analysts' expectation of 195,000, per the Wall Street Journal . It calls that jobs count "another strong reading in a string of...

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