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


  • U.S. Labor Department: 168 Million Children are Laborers

    The Labor Department reports that about 168 million children, aged 5 to 7, are working as laborers around the world, and about half of them are in hazardous jobs.

  • 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.

  • 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

  • Stocks Lower at Open, July Jobs Report and More Business News

    U.S. markets are trying to find their footing after a big sell-off Thursday. The labor department reported 209,000 jobs were added by U.S. employers in July.

  • 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.

  • Jim Cramer: 'Jobs Number Beneficial for Stocks and Detrimental for Workers'

    TheStreet's Jim Cramer says while the hiring continues unabated, we do have wage declines. According to the Labor Department, the U.S. added 252,00 jobs in December and the unemployment rate fell to 5.6% but hourly wages declined. Cramer says he thinks part of the issue is that we have a surplus pool of labor.

  • 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.

  • 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.

  • Markets React to Disappointing December Jobs Report

    Brendan Conway takes a look at the markets, including three stocks to watch today. Photo: Getty.

  • 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.

  • 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.

  • 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.

Other Advice Videos


  • BrightScope Brothers Talk Advice and Money Mistakes

    BrightScope Brothers give their best money advice.

  • Jack Bogle's Father's Day Advice

    Vanguard founder and former CEO John C. 'Jack' Bogle tells MONEY the advice he gives his kids about managing their money.

  • Mom Knows Best: Financial Advice from Mothers

    The Money staff shares the best financial advice their mothers ever gave them.

  • Listening to Mother's Financial Advice

    With Mother’s Day right around the corner, it is a good time to remember your mother’s tips for a better financial future. We review six suggestions that still serve as reliable advice.

  • Jason Anello on How to Give Better Advice When Asked for Help

    In Chapter 13 of 20 in his 2014 Capture Your Flag interview, creative director and marketing agency co-founder Jason Anello answers "How Have You Learned to Give Better Advice When People Ask You for Help?" Anello shares how giving better advice is to spend more time truly understanding the question you are asked rather than simply sharing what you did when faced with a similar situation. He finds putting himself in the other person's shoes - showing empathy - helps the advice conversation.

  • Financial Advice for College Grads

    Here are a few money mistakes graduates should avoid and some advice they may want to follow.

  • Andrew Hutson on Finding Sources for Life Advice and Career Coaching

    In Chapter 19 of 23 in his 2014 Capture Your Flag interview, environmental advocate Andrew Hutson answers "At This Moment in Your Life, Where Are You Seeking Advice and Coaching?" Hutson shares three resources he uses for advice and coaching. First and foremost, he relies on his wife for advice giving and attentive listening. Second, he builds mentor relationships in and out of work to provide role modeling and feedback. Third, he works with an executive coach to gain insight on management.

  • Mike Germano on How to Give Better Advice When Asked for Help

    In Chapter 20 of 23 in his 2014 Capture Your Flag interview, VICE Media Chief Digital Officer Mike Germano answers "How Have You Learned to Give Better Advice When People Ask You For Help?" Germano shares how advice requests can often be asks for other things, including asking for money. He also learns to know when not to give advice - including unsolicited advice - and instead help others make their own decisions. Mike Germano is Chief Digital Officer at VICE Media.