Jobless Rate Rises To 7.6% as Economy Adds 175,000 Jobs
Employers stepped up hiring in May, a sign the economy continues to grow modestly, despite the federal government's automatic budget cuts.
Employers stepped up hiring in May, a sign the economy continues to grow modestly, despite the federal government's automatic budget cuts.
U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than first thought.
The number of Americans filing new claims for unemployment benefits fell last week, offering reassurance that the bottom isn't falling out of the labor market.
The number of Americans filing new claims for unemployment benefits rose slightly last week, which could further allay fears of a major setback in the labor market recovery.
The number of Americans filing new claims for unemployment benefits fell more than expected last week.
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, the latest indication the labor market recovery was gaining traction.
The number of Americans filing jobless claims fell more than expected last week, suggesting some traction in the labor market recovery. Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 344,000, the Labor Department said on Thursday.
The number of Americans filing new claims for unemployment benefits fell to its lowest since the early days of the Great Recession, a hopeful sign for the sluggish labor market. Initial claims fell 5,000 to a seasonally adjusted 330,000.
The number of Americans filing new claims for unemployment benefits dipped sharply to a five-year low last week, a hopeful sign for the labor market. Initial claims for state unemployment benefits fell 37,000 to a seasonally adjusted 335,000 -- the largest weekly drop since February 2010.
Hiring by U.S. employers slowed slightly in December, pointing to a lackluster pace of economic growth that was unable to cut further into the country's still high unemployment rate. Payrolls outside the farming sector grew by 155,000, in line with analysts' expectations.
The number of Americans filing new claims for unemployment benefits fell for a third straight week last week, but still remain too volatile to offer a clear signal on labor market conditions. Initial jobless claims dropped 25,000 to a seasonally adjusted 370,000.
The number of Americans filing new claims for unemployment benefits dropped for a second straight week last week, unwinding some of the surge related to Hurricane Sandy, which has muddled the labor market picture. Initial claims dropped 23,000 to a seasonally adjusted 393,000.
The number of Americans filing new claims for jobless benefits surged by 78,000 to a seasonally adjusted 439,000 last week, a 1.5-year high and a sign that superstorm Sandy dented the U.S. economy by leaving tens of thousands of people out of work.
Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 355,000, the Labor Department said on Thursday. The report is a sign the labor market's slow recovery is gaining traction, although Hurricane Sandy's impact on the Northeast may have distorted the data.
The number of Americans filing new claims for unemployment benefits fell last week, a sign the labor market's slow recovery was gaining traction. Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 363,000, below the median forecast in a Reuters poll of 370,000.
The number of Americans filing new claims for unemployment benefits fell last week, giving a clearer sign that the labor market is healing after wild fluctuations in claims data at the beginning of the month.
The number of Americans filing new claims for unemployment benefits fell last week, giving a clearer sign that the labor market is healing after wild fluctuations in claims data at the beginning of the month.
The number of Americans filing new claims for unemployment benefits rose 46,000 last week to a seasonally adjusted 388,000, reversing a sharp decline in the prior week but still pointing to a labor market that is slowly healing.
The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in more than four and a half years, according to government data on Thursday that suggested improvement in the labor market.
Initial claims for state unemployment benefits climbed 4,000 to a seasonally adjusted 367,000, the Labor Department said. The prior week's figure was revised up to show 4,000 more applications than previously reported.
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.
The number of Americans filing new claims for jobless benefits fell last week to the lowest level in two months, a hopeful sign for a labor market that has struggled to gain traction in recent months.
U.S. employers posted fewer jobs in July than in June, further evidence that hiring may stay weak in the coming months. Job openings fell to a seasonally adjusted 3.67 million, the Labor Department said Tuesday, down from June's 3.72 million job openings.
The number of Americans filing new claims for jobless benefits was unchanged last week, pointing to a labor market that was treading water.
Unemployment rates rose in 44 U.S. states in July, the most states to show a monthly increase in more than three years and a reflection of weak hiring nationwide.
Government measures show that inflation, at 1.6% in January, is still below the Fed's target of 2%. But commodity prices are soaring, and anyone who pays their household bills knows that food and energy prices are rising because of it. Is the Consumer Price Index getting it wrong?
In January, job creation was anemic, yet unemployment plummeted. What gives? The answer lies in the quirky way the government decides who gets counted as part of the work force, who gets counted as officially unemployed and who gets left out of the picture.
New forecasts show that the worst may be over for the construction industry, which was hit harder by the Great Recession than any other sector, as construction projects slowly resume. Some 27% of construction firms say they plan to add staff this year, while only 20% plan to cut jobs.
If stocks are rising, that should mean the economy is improving. Yet even though the S&P 500 has soared 80% from its March 2009 lows, 70% of Americans don't believe the recession is over. Which side has a firmer grasp of reality?
Intended or not, the Fed's quantitative easing policies are destroying the dollar's value. That's pushing prices of commodities that Americans need -- such as food, cotton and oil -- ever higher. And it hurts companies as well as consumers.




























