United States Department of Labor

A weak month for hiring as unemployment drops

A weak month for hiring as unemployment drops

The weakest month of hiring in three years ended 2013 on a sluggish note and raised questions about whether the U.S. job market can sustain its recent strong gains. Employers added a scant 74,000 jobs in December after averaging 214,000 in the previous four months. Economists cautioned that cold weather likely played a role in […]

Job growth could cause scaleback of stimulus

Job growth could cause scaleback of stimulus

U.S. job creation probably picked up in August, signalling a steady pace of economic growth that would give the Federal Reserve ammunition to start scaling back its massive monetary stimulus this month. Employers are expected to have added 180,000 jobs to payrolls last month after creating 162,000 in July, according to a Reuters survey of […]

Are jobs gaining in the United States?

Are jobs gaining in the United States?

The U.S. economy has enjoyed a four-month stretch of robust job gains, and on Friday the government will report whether that trend endured into March. Economists generally think it did. They predict that employers added a solid 195,000 jobs, according to a survey by FactSet. That’s a healthy gain, although below February’s 237,000 net jobs […]

New jobs decline for second straight month

New jobs decline for second straight month

President Barack Obama promotes the fantasy that the American economy is rebounding. The latest employment numbers say otherwise. Employer hiring fell for the second straight month, coming in well below the rosy projections of a President hoping for re-election later this year. The Labor Department said Friday that American employers added only 115,000 workers to […]

Jobs report shows momentum for new year

Jobs report shows momentum for new year

The government is expected to report Friday that businesses stepped up hiring in December, a trend likely to gain momentum in 2011. Economists are predicting that employers added a net total of 145,000 jobs last month and that the unemployment rate dipped to 9.7 percent. Some are even more optimistic after a private payroll firm […]

Weak jobs report expected today

Weak jobs report expected today

Newly elected members of Congress will get a reminder Friday of the economic challenges they face in January: The jobs report for October is expected to show hiring weak and unemployment still high. The outlook for 2011 isn’t much better. Economists expect the Labor Department to report that employers added just 60,000 jobs in October, […]

Mixed bag in jobs report

Mixed bag in jobs report

A wave of census layoffs cut the nation’s payrolls in June for the first time in six months, while private employers added a modest number of jobs. The unemployment rate fell to 9.5 percent, its lowest level in almost a year. Employers cut 125,000 jobs last month, the most since October, the Labor Department said […]