Jobs Report

  • BLS Economist Explains Why 'Cooked Jobs Report' Charge Is 'Preposterous'

    BLS Economist Explains Why 'Cooked Jobs Report' Charge Is 'Preposterous'

    It's 32 days before election day, and an embattled president receives news that could only bring him joy. For the first time since Barack Obama's first month in office, the national unemployment rate has dropped below 8 percent, to a September tally of 7.8 percent. "Well, isn't that convenient?" in effect... Continue Reading

  • Tepid Jobs Report Better Than Expected: Employers Added 162,000 Jobs In September

    Tepid Jobs Report Better Than Expected: Employers Added 162,000 Jobs In September

    NEW YORK, Oct 3 (Reuters) - U.S. private employers added 162,000 jobs in September, topping economists' expectations, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 143,000 jobs. Continue Reading

  • U.S. Jobs Growth Slows In August

    U.S. Jobs Growth Slows In August

    Looking for a job? Click here to get started. By Lucia Mutikani WASHINGTON -- U.S. jobs growth slowed more than expected in August, setting the stage for the Federal Reserve to pump additional money into the sluggish economy next week and dealing a blow to President Obama as he seeks reelection in... Continue Reading

  • A Positive Sign For Job Hunters? U.S. Jobless Claims Dip

    A Positive Sign For Job Hunters? U.S. Jobless Claims Dip

    By Lucia Mutikani WASHINGTON -- The number of Americans filing new claims for jobless benefits unexpectedly fell last week, government data showed on Thursday, suggesting a modest improvement in the labor market. Initial claims for state unemployment benefits slipped 6,000 to a seasonally adjusted 361,000,... Continue Reading

  • Lunch Break: What You Need To Know About Getting A Job This Week

    Lunch Break: What You Need To Know About Getting A Job This Week

    This past week saw the release of the jobs report for the month of July, which means that just three more reports will be issued before Election Day. The July jobs report had information for both political parties to try and capitalize on -- 163,000 jobs were added, but the unemployment rate ticked up 0.1... Continue Reading

  • Don't Put A Rosy Spin On July Jobs Numbers, Please

    Don't Put A Rosy Spin On July Jobs Numbers, Please

    I always pay close attention to the monthly unemployment statistics. I'm not an analyst. Or an economist. But I've been unemployed for 2½ years, scraping by on freelance work. I like to dig a little deeper into the numbers to get a better feel for what's really going on -- and what that might mean for... Continue Reading

  • July Jobs Report: 4 Pieces Of Good News Buried In The Gloom

    July Jobs Report: 4 Pieces Of Good News Buried In The Gloom

    The long slow, slog that is improvement in the labor market continued in July, the Labor Department reported Friday. For many job seekers, that means the difficulty that many have experienced in landing a new position remains. As the Labor Department reported, employers added 163,000 jobs last month -- far... Continue Reading

  • June Jobs Report: Amidst Gloom, Some Good News For Job Seekers

    June Jobs Report: Amidst Gloom, Some Good News For Job Seekers

    For desperate job seekers, June's employment report from the Labor Department contained little -- if any -- good news. The U.S. economy added far fewer jobs than analysts expected, just 80,000, compared to the 90,000 forecast, and the unemployment rate remained at 8.2 percent, or 12.7 million people. Continue Reading

  • June Jobs Report Still Gloomy, Only 80,000 Jobs Added

    June Jobs Report Still Gloomy, Only 80,000 Jobs Added

    By Christopher S. Rugaber WASHINGTON (AP) -- U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is struggling three years after the recession ended. The Labor Department said Friday that the unemployment rate was unchanged at 8.2 percent. Continue Reading

  • Economic Outlook Gets Gloomier After Jobs Report

    Economic Outlook Gets Gloomier After Jobs Report

    By Christopher S. Rugaber WASHINGTON (AP) -- The faltering U.S. job market has prompted economists to take a much dimmer view of the country's growth prospects. That's a shift from just a few weeks ago, when many were upgrading their forecasts. Friday's surprisingly bleak jobs report for May followed a spate... Continue Reading

  • Businesses Add Only 115,000 Jobs In April; Unemployment 8.1%

    Businesses Add Only 115,000 Jobs In April; Unemployment 8.1%

    By Paul Wiseman WASHINGTON -- Businesses added only 115,000 jobs in April, another weak month of job creation, but the unemployment rate came down to 8.1 percent from 8.2 percent. Previous months' payroll numbers were revised upward. The Labor Department said 154,000 jobs were added in March, versus the... Continue Reading

  • U.S. Applications For Unemployment Benefits Plummet

    U.S. Applications For Unemployment Benefits Plummet

    By Christopher S. Rugaber WASHINGTON -- The number of people seeking unemployment benefits fell last week by the most in more than three months. The figure was a hopeful sign one day before the government releases the April jobs report. The Labor Department said Thursday that weekly unemployment aid... Continue Reading

  • Manufacturing Job Numbers At 10-Month High

    Manufacturing Job Numbers At 10-Month High

    By Christopher S. Rugaber WASHINGTON -- U.S. manufacturing grew last month at the fastest pace in 10 months, suggesting that the economy is healthier than recent data had indicated. New orders, production and a measure of hiring all rose. The April survey from the Institute for Supply Management was a hopeful... Continue Reading

  • April Jobs Report: What More Bad News Could Mean For You

    April Jobs Report: What More Bad News Could Mean For You

    The April jobs report due this Friday could be one of the more significant pieces of economic data released so far this year. Solid numbers could revive optimism for a strong recovery in 2012. More bad news could have a devastating domino effect across the economic landscape. Also due next week are monthly... Continue Reading

  • U.S. Unemployment Claims Hit 4-Year Low Of 357,000

    U.S. Unemployment Claims Hit 4-Year Low Of 357,000

    By Christopher S. Rugaber WASHINGTON -- The number of people seeking U.S. unemployment benefits fell to a four-year low last week, as layoffs slow and the job market strengthens. Weekly applications dropped 6,000 to a seasonally adjusted 357,000, the Labor Department said Thursday. That's the fewest since... Continue Reading

  • Obama To Promote Insourcing Of Jobs

    Obama To Promote Insourcing Of Jobs

    By Ken Thomas WASHINGTON -- President Barack Obama is highlighting companies that have returned jobs to the U.S. and he says that's one more way of putting people back to work. The White House plans a forum Wednesday, called "Insourcing American Jobs," that will bring together business leaders who shifted... Continue Reading

  • U.S. Added 80,000 Jobs In October; Jobless Rate Dips

    U.S. Added 80,000 Jobs In October; Jobless Rate Dips

    By Christopher S. Rugaber WASHINGTON -- The American economy added 80,000 jobs in October, and job growth in the two previous months was much stronger than first thought, an encouraging sign as the nation searches for a way out of the jobs crisis. The unemployment rate dropped to 9 percent from 9.1... Continue Reading

  • Ahead Of The Bell: Unemployment Benefits

    Ahead Of The Bell: Unemployment Benefits

    WASHINGTON (AP) -- The number of people seeking unemployment benefits likely fell for third straight week, a hopeful sign for the struggling job market. Economists forecast that weekly applications dipped last week to a seasonally adjusted 400,000 from 402,000 in the previous week, according to a survey by... Continue Reading

  • Fewer Seek Unemployment Aid, Hopeful Sign For Jobs

    Fewer Seek Unemployment Aid, Hopeful Sign For Jobs

    By Christopher S. Rugaber WASHINGTON (AP) -- Fewer people applied for unemployment benefits last week, a hopeful sign that the job market might be picking up. The Labor Department said Thursday that weekly applications dropped 9,000 to a seasonally adjusted 397,000, the lowest level in five weeks. It's... Continue Reading

  • Economy Adds 103K Jobs, Rate Stays 9.1 Percent

    Economy Adds 103K Jobs, Rate Stays 9.1 Percent

    WASHINGTON (AP) -- The economy added 103,000 jobs in September, a burst of hiring that followed a sluggish summer. The figure at least temporarily calms fears of a new recession that have hung over Wall Street and the nation for weeks. Continue Reading

  • Women More Likely Than Men To Live Paycheck To Paycheck

    Women More Likely Than Men To Live Paycheck To Paycheck

    At least along some measures, the economy is back to its pre-recesssion state. According to a new survey by CareerBuilder, 42 percent of workers report that they usually or always live paycheck to paycheck, falling 1 percent from last year in a return to 2007 levels. The picture is less pretty for women,... Continue Reading

  • Jobless Claims Fall To 4-Month Low

    Jobless Claims Fall To 4-Month Low

    By DANIEL WAGNER WASHINGTON (AP) -- The number of people seeking unemployment benefits fell last week below 400,000 for the first time in four months, a sign that the job market is improving slowly after a recent slump. Applications for unemployment aid dropped by 7,000 to a seasonally adjusted 395,000,... Continue Reading

  • A Visual Spin on July's Jobs Report

    A Visual Spin on July's Jobs Report

    Sometimes all you need is a different way of looking at things for the light bulb to go off, an "aha" moment gained by viewing a puzzle from a new angle. Last week's July jobs report showed 117,000 workers were added to U.S. payrolls, eliciting applause from economists and politicians alike, along with a... Continue Reading

  • U.S. Workers Were Less Productive In The Spring

    U.S. Workers Were Less Productive In The Spring

    By Christopher S. Rugaber WASHINGTON -- U.S. workers were less productive in the spring for the second quarter in a row, a trend that doesn't bode well for future hiring. The Labor Department says productivity dropped 0.3 percent in the April-June quarter, following a decline of 0.6 percent in the first... Continue Reading

  • 117,000 Jobs Added In July Ease Fears Of Recession

    117,000 Jobs Added In July Ease Fears Of Recession

    By CHRISTOPHER S. RUGABER WASHINGTON (AP) -- Hiring picked up slightly in July, and the unemployment rate dipped to 9.1 percent. The modest improvement could ease fears of another recession, but it wasn't enough to prevent another wild day of trading on Wall Street. Employers added 117,000 jobs last month,... Continue Reading

  • Unemployment Rate Dips, Economy Adds 117,000 Jobs

    Unemployment Rate Dips, Economy Adds 117,000 Jobs

    By Christopher S. Rugaber WASHINGTON -- Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent, an optimistic sign after the worst day on Wall Street in nearly three years. Employers added 117,000 jobs last month, the Labor Department said Friday. That's better than the past two... Continue Reading

  • Unemployment Aid Applications Tick Down To 400K

    Unemployment Aid Applications Tick Down To 400K

    By CHRISTOPHER S. RUGABER WASHINGTON (AP) -- The number of people seeking unemployment benefits dipped last week, a sign the job market may be improving slowly. The Labor Department says that applications for unemployment benefits edged down 1,000 to a seasonally adjusted 400,000. That's the lowest level... Continue Reading

  • U.S. Service Industry Grows At Slowest Pace In 17 Months

    U.S. Service Industry Grows At Slowest Pace In 17 Months

    By CHRISTOPHER S. RUGABER WASHINGTON -- Restaurants, hotels, retailers and financial companies saw more business in July, but the broader U.S. service industry experienced its weakest growth in 17 months. The report Wednesday from the Institute for Supply Management confirms other data that show the... Continue Reading

  • U.S. Private Employers Add More Jobs Than Expected In July: ADP

    U.S. Private Employers Add More Jobs Than Expected In July: ADP

    NEW YORK (Reuters) - Private employers added 114,000 jobs in July, topping economists' expectations, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 100,000 jobs. June's private payrolls were revised... Continue Reading

  • How States Fared on Unemployment Benefits

    How States Fared on Unemployment Benefits

    The number of people seeking unemployment benefits fell last week to the lowest level since early April, a sign the job market may be healing after a recent slump. Below are the states with the biggest changes in weekly applications for benefits. The state data is for the week ending July 16, which is one... Continue Reading