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.

  • 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.

  • LinkedIn To Pay Nearly $6 Million In U.S. Labor Department Settlement

    LinkedIn Corp has agreed to pay nearly $6 million to more than 350 current and former employees after a U.S. Department of Labor investigation found the online career-networking company violated the country's wage law.In a settlement announced by the Labor Department on Monday, LinkedIn will pay more than $3.3 million in back overtime wages and more than $2.5 million in damages to workers at company branches in California, Illinois, Nebraska and New York.

  • 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.

  • 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.

  • 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.

Other Advice Videos


  • Ramsey Pryor on Why to Avoid Giving Prescriptive Advice

    In Chapter 11 of 16 in his 2014 Capture Your Flag interview, product management executive Ramsey Pryor answers "How Have You Learned to Give Better Advice When People Ask You for Help?" With time, Pryor learns to give less prescriptive advice. He learns from his children to give advice is more to be a sounding board and help others make a decision rather than to make a decision for others. Pryor is a product management executive at IBM focused on cloud-based collaboration.

  • Bryan Law on Seeking Advice to Make Better Decisions in Your 30s

    In Chapter 23 of 23 in his 2014 Capture Your Flag interview, business strategist Bryan Law answers "At This Point in Your Life, Where Are You Seeking Advice and Coaching?" Now in his thirties, Law shares how he gets advice from a network of people to make more informed decisions. From teacher mentors from Georgetown to an inspiring Angolan friend to his parents to his spouse, Law finds willing people to support him as he faces key life decisions.

  • 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.

  • Rihanna's Creative Director Got Career Advice From a Horse

    Think of the best career advice you ever received. Who gave it to you? Your mom? Your mentor? Ahem, your favorite website? Well, Ciarra Pardo, best known as Rihanna's creative director, got her best advice ever from her horse.

  • 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.

  • The Making of Me: Life Advice from Successful and Inspiring Women

    5 remarkable women share their stories in Glamour’s new series, “The Making of Me.” Whether you’re starting over or starting your own business, trying to balance work and motherhood, or searching to uncover your true passion in live, you’ll find inspiration and advice as these women reveal their journey to becoming who they are today.

  • 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.