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Employment Situation

Hiring Up, Jobless Rate Falls To 7.5%

Hiring Up, Jobless Rate Falls To 7.5%

By Christopher S. Rugaber WASHINGTON -- U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than the government first estimated. The job increases helped reduce the unemployment rate from 7.6 percent to a four-year low of 7.5 percent. The report Friday from ...

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U.S. Jobs Data Confirm Worst Fears: Employers Not Hiring Much

U.S. Jobs Data Confirm Worst Fears: Employers Not Hiring Much

If you're thinking the labor market feels lousy, just released data from the federal government will bolster your suspicions. The Labor Department said Friday that data from the nation's employers showed that they added only 69,000 jobs in May, far fewer than the 150,000 that analysts had expected, while a ...

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