jobs report

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Unemployment Rate Doesn't Budge for 6th Month in Row

Holds steady at 4.1%

(Newser) - Economists had projected the unemployment rate to drop to 4.0% for the first time since 2000, but that milestone wasn't to be in March: The jobless rate held steady at 4.1% for the sixth consecutive month, the Wall Street Journal reports. Some 103,000 jobs were added,...

Employers Added Way More Jobs Than Expected

313K in February as unemployment rate remains at 4.1%

(Newser) - 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 ...

Report: 200K Jobs Added by US Employers in January

And wage growth is at fastest rate in 8 years

(Newser) - US employers added a robust 200,000 jobs in January, and wages rose at the fastest pace in more than eight years. The pay gains suggest employers are competing more fiercely for workers. Raises stemming from Republican tax cuts and minimum wage increases in 18 states also likely boosted pay....

Unemployment Now at Lowest in 17 Years

Rate is 4.1%, as hiring picks up after hurricanes

(Newser) - 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...

Hurricanes Take a Toll, but an Unemployment Milestone

Unemployment at 4.2%, the lowest since 2001

(Newser) - 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...

August Jobs Report a Little Worse Than Expected

Unemployment rate inches up a hair to 4.4%

(Newser) - 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...

Trump's Jobs Tweet Violates Federal Rule

And it's not the first time

(Newser) - President Trump has violated a federal rule—again. On Friday, the president tweeted : "Excellent Jobs Numbers just released - and I have only just begun. Many job stifling regulations continue to fall. Movement back to USA!" The problem, according to CNN , is that Trump's tweet came just...

Unemployment Hits 16-Year Low
Unemployment
Hits 16-Year Low
Jun 2, 2017 8:08 AM CDT

Unemployment Hits 16-Year Low

It's 4.3%, but the pace of hiring slows

(Newser) - 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,...

Unemployment Rate Falls to Lowest in a Decade
Unemployment Rate Falls 
to Lowest in a Decade
jobs report
May 5, 2017 7:46 AM CDT

Unemployment Rate Falls to Lowest in a Decade

It's at 4.4%, with hiring stronger than expected

(Newser) - 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...

Obama Hands Trump a 4.7% Unemployment Rate
We Went From 7.8% to 4.7%
Under Obama's Watch
jobs report
Jan 6, 2017 7:55 AM CST

We Went From 7.8% to 4.7% Under Obama's Watch

Rate ticked up slightly in December, as expected

(Newser) - It's the end of an era: The last jobs report that falls fully under President Obama's tenure was issued on Friday, and he'll hand President-elect Donald Trump an economy that boasts a 4.7% unemployment rate. That's a tick up from November's 4.6%, and...

Hiring Steady as Wages See Biggest Rise Since Recession

Unemployment now at 4.9%

(Newser) - US employers added a decent 161,000 jobs in October, and the unemployment rate dipped to 4.9% from 5%, reports the AP . It was the final major report on a lukewarm but durable economy before Americans choose a new president next week. The Labor Department said Friday that average...

September Jobs Report Shows Decent Gain

Numbers could keep the Fed on track to raise interest rates

(Newser) - Job gains in September were slightly weaker than the 172,000 jobs that Wall Street economists expected, but the 156,000 jobs that employers did add were enough to welcome new workers and bring back some of those who fell off the map after the Great Recession, per the New ...

August Jobs Report: Numbers Can't Compare to Recent Gains

151K jobs added—about half of July's gains

(Newser) - Hiring downshifted last month as US employers added a modest 151,000 jobs, about half the blockbuster gains of the two previous months, the AP reports. The Labor Department said Friday the unemployment rate remained 4.9% for the third straight month. The figures are far below July's gain...

June Jobs Report Shows Huge Gains

Unemployment rose slightly to 4.9%

(Newser) - Employers shook off two months of weak hiring by adding 287,000 jobs in June, a robust pace that suggests a resilient US economy. The hiring spurt marked a sharp improvement from May's dismal showing, when just 11,000 jobs were added, reports the AP . A modest 144,000...

April Jobs Report: Job Gains Smallest in 7 Months

But unemployment rate stays at same low of 5% it's been at since the fall

(Newser) - US employers pulled back on hiring in April after a streak of solid monthly gains, adding 160,000 jobs, the fewest in seven months, the AP reports. The unemployment rate remained at a low of 5%, roughly the same level it has been since the fall. The job gain was...

'Datageddon' Day: 215K More Jobs, but Unemployment Ticks Up

The good news: More Americans are on the hunt for jobs

(Newser) - US employers notched another solid month of hiring in March by adding a higher-than-expected 215,000 jobs, driven by large gains in the construction, retail, and health care industries, the AP reports. Despite the jump, the Labor Department said Friday that the unemployment rate ticked up to 5% from 4....

Jobs Report Stronger Than Expected

Unemployment remains at 4.9%

(Newser) - The February jobs report came in stronger than expected on Friday: Employers added 242,000 jobs last month, above the 200,000 or so that analysts were expecting and way up from the revised figure of 172,000 in January. The unemployment rate, meanwhile, remained at 4.9%. One not-so-bright...

Jobless Rate Lowest in 8 Years
 Jobless Rate Lowest in 8 Years 
Feb 5, 2016 7:57 AM CST

Jobless Rate Lowest in 8 Years

It's at 4.9%, but employers added fewer jobs than expected

(Newser) - A mixed bag in Friday's monthly jobless report: The unemployment rate dipped from 5% to 4.9% in January, the first time it's fallen below 5% in eight years, reports AP . What's more, average wages rose .5% to $25.39, "another sign of a healthy labor...

New Jobs Data 'All the Ammo' Fed Needs to Raise Rates

Unemployment rate remains at 5%

(Newser) - The Labor Department is out with what CNBC calls "one of the most anticipated unemployment reports of the year"—and its results have analysts more sure than ever that the Fed will raise interest rates later this month. Employers added 211,000 jobs in November, and the unemployment...

Jobs Report Comes In Stronger Than Expected

Might be enough for the Fed to raise rates

(Newser) - The Labor Department is out with a stronger-than-expected jobs report, one that makes it tough to call whether the Fed will raise interest rates in December. The Labor Department says the economy added 271,000 jobs in October, far higher than the forecast of 183,000, as the unemployment rate...

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