Labor Department Shows 74k Jobs Added In December

This morning, the Labor Department released its December payroll report that showed just 74,000 jobs were added last month. This marks the smallest increase since January 2011 and is significantly below the consensus estimates.

Related Videos


  • Two Key Reasons Why The US Labor Force Is Shrinking

    Peter Cardillo, chief market economist at Rockwell Global Capital, weighs in on the September jobs report and gives two reasons why the labor force participation rate continues to decline. The Labor Department reported on Tuesday U.S. employers added 148,000 jobs in September, well below economists’ expectations for 180,000, according to Reuters estimates. The unemployment rate unexpectedly ticked down to 7.2 percent, from 7.3 percent in August. However, the Labor Department's report for August

  • European Stocks Head Higher Before U.S. Jobs Report

    Investors bid indices up on Friday ahead of U.S. labor market figures which are expected to show the economy added about 196,000 private sector jobs in December, with a steady unemployment rate of 7 percent.

  • February Jobs Report: Economist Weighs In On 'Underground' Labor Market

    Peter Cardillo, chief market economist at Rockwell Global Capital, weighs in on the Department of Labor's February jobs report.

  • U.S. Stock Futures Look Ahead To Jobs Report

    U.S. stock futures rose Friday ahead of the release of the closely watched monthly employment report from the Labor Department. Dow Jones industrial average index futures added 0.2%, Standard & Poor's 500 index futures rose 0.3% and Nasdaq index futures were up 0.2%. Economists are forecasting that employers added 180,000 jobs last month. On Thursday, the Dow fell 0.4% to 15,821.51. In energy trading, benchmark U.S.

  • Labor Picture Continues To Improve

    This morning, the ADP payroll survey showed 176,000 new jobs were added in August, below the June and July figures, but in line with the average monthly gain for 2013. Results nearly matched economists' expectations for the month, but all eyes will be on the Labor Department's official report due on on Friday morning.

  • Paychex-IHS Small Business Jobs Index Shows Labor Market Stability

    Paychex CEO Martin Mucci introduces the Paychex/IHS Small Business Jobs Index and its findings and employment trends. The index is a monthly measure of change in small business in the U.S. Mucci explains the Index for March remained at a peak, following sharp gains in January and February. The Mountain Region is leading year-over-year small business employment gains and produced the second-fastest all-employer job growth in the the nation in 2013, according to the Bureau of Labor Statistics.

  • Markets Unmoved By Broadly In-Line US Jobs Data

    Stocks remained solid but largely unmoved by U.S. jobs data Friday as investors said the pace of job creation was not enough to prompt a change in the Federal Reserve's policy. Labor Department found that the world's largest economy added 192,000 jobs in March. The unemployment rate was unchanged at 6.7 percent. Because the figures matched predictions, they failed to change perceptions over the future policy path of the Federal Reserve.

  • Jobless Claims Fall In Positive Sign For Labor Market

    The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly a month, a hopeful sign for the labor market. Initial claims for state unemployment benefits decreased 42,000 to a seasonally adjusted 338,000, the Labor Department said on Thursday. The four-week moving average for new claims, which irons out week-to-week volatility, increased 4,250 to 348,000.

  • Daily Market Wrap: January 4, 2013

    The markets edged up into positive territory today as investors took in some economic data which showed a steady improvement in the job market. The Labor Department said US employers added 155,000 new jobs in December while the unemployment rate ticked up slightly to 7.8 percent.

  • Job Market Heats Up In April; Unemployment Rate Drops To 6.3%

    The labor market warmed up along with the weather in April when employers added a much higher-than-expected 288,000 workers to their payrolls, government data showed Friday. The Labor Department also reported that the unemployment rate dropped to 6.3 percent, a 5-1/2 year low, from 6.7 percent in March. The job gains in April were the highest since January 2012.

  • 204k Jobs Added In October

    This morning, the Labor Department reported a strong surge in job growth as employers added 204,000 new jobs in October. The report also noted that employers added 60,000 more jobs than previously reported in August and September.

  • Deutsche Bank Remains Bullish on U.S. Labor Outlook

    Despite the most bullish Wall Street forecast for the December jobs report, which reported far below consensus expectations, Deutsche Bank Senior Economist Carl Riccadonna tells TheStreet's Joe Deaux that they remain optimistic about the U.S. labor situation.

Other Advice Videos


  • Louise Langheier on Two Ways to Give Better Career Advice

    In Chapter 7 of 21 in her 2014 Capture Your Flag interview, social entrepreneur Louise Langheier answers "How Have You Learned to Give Better Advice When People Ask You For Help?" Langheier shares two ways she has learned to give better advice. The first is honing in on the specific question the person seeking advice is really trying to answer. The second is appreciating the learning experience that comes with being asked to give advice.

  • Conrad Doucette on Giving Better Advice When Asked for Help

    In Chapter 17 of 17 in his 2013 Capture Your Flag interview, musician and digital strategist Conrad Doucette answers "How Have You Learned to Give Better Advice When People Ask You For Help?" Doucette puts himself in the shoes of the person asking for advice. In his younger years he would have dispensed advice based on his point of view rather than the perspective of the person asking for advice. Conrad Doucette is a Brooklyn musician and the drummer for the band Takka Takka.

  • Most Advisers Aren't Afraid of "Robo" Advice

    Online investment services aren't just for young clients and low-balance accounts; "robo" advice can help any wealth advisory firm grow, says Bernie Clark, the head of Schwab Adviser Services. "Robo" advice is complementary and an opportunity, Mr. Clark says.

  • Mark Graham on Essential Advice Every Intern Needs to Know

    In Chapter 14 of 15 in his 2013 Capture Your Flag interview, media executive Mark Graham answers "How Have You Learned to Give Better Advice When People Ask You For Help?" Graham shares what he does to counsel interns on how to build career skills in an internship and get a full-time job working in media and entertainment. He shares the importance of making connections and keeping in touch with your professional network. Additionally, he shares the importance of saying yes and taking initiative.

  • The Best Money Advice from Your Mom

    What was the best money advice you ever got from Mom?

  • StubHub President On Best & Worst Career Advice He's Ever Received

    Chris Tsakalakis, president of StubHub, joins Ricky to share the best and worst career advice he ever received.

  • Nina Godiwalla on Smarter Ways to Give Advice When Asked for Help

    In Chapter 16 of 18 in her 2013 Capture Your Flag interview, author and entrepreneur Nina Godiwalla answers "How Have You Learned to Give Better Advice When People Ask You for Help?" Godiwalla shares how she is getting better about handling advice requests. She learns she can be more effective making introductions by playing a translator role to facilitate connections. This complements sitting down for an advice conversation and getting a longer view perspective of questions being asked.

  • Jaffe's Advice to Graduates Entering the Real World

    What advice would you impart on this year’s college graduating class? MarketWatch’s Chuck Jaffe has a daughter making the leap from the campus to the real world, and his latest column is both a graduation speech and a blueprint for adulthood.