Tag: jobs

Jobs Report: Payroll Employment Rises By 156,000 In December

U.S. employers added 156,000 jobs in December, capping a year of slower but solid hiring. The report is the last major snapshot of the economy President-elect Donald Trump will inherit from President Barack Obama. The Labor Department says the unemployment rate ticked up to 4.7 percent from a nine-year low of 4.6 percent. Hourly pay…

Unemployment Rate Drops To 4.6 Percent, A 9-Year Low

The Labor Department reported Friday that the U.S. economy added a healthy 178,000 jobs in November, roughly in line with forecasts. Economists surveyed by Reuters had predicted 175,000 new nonfarm jobs; those surveyed by Bloomberg had forecast 180,000. The gains, an improvement over October, nudged the unemployment rate down to 4.6 percent, a nine-year low,…

U.S. Economy Adds A Solid 161,000 Jobs In October

The U.S. economy added 161,000 non-farm jobs in October, according to the jobs report released Friday. The gains fell just short of the 175,000 increase predicted by economists surveyed by MarketWatch. Hiring figures from the two prior months also were adjusted slightly higher than initially reported. Together, the figures added to recent upbeat data supporting…

U.S. Adds 156,000 Jobs in September

The U.S. economy added 156,000 jobs in September, according to a Department of Commerce report released Friday—the last one before Election Day. Economists attribute a slight uptick in the unemployment rate to 5 percent to Americans re-entering the job search. According to revised figures from the government, 167,000 jobs were added in August and 252,000…

U.S. Economy Adds 151,000 Jobs In August

The U.S. economy continued to build momentum in August, with employers adding 151,000 workers to their payrolls, the Labor Department reported early Friday. The unemployment rate held steady at 4.9 percent for the third consecutive month, and average hourly wages rose 0.1 percent. August is seen by economists as a difficult month to measure, as…

Jobs Report: U.S. Adds 255K Jobs in July

The U.S. added 255,000 jobs during the month of July, the Bureau of Labor Statistics annnounced Friday morning. The numbers handily beat expectations of 180,000 jobs, while the unemployment rate remained at 4.9 percent. However, job growth in May was extremely tepid: Just 38,000 new jobs were created, the BLS said originally, but that number…

Jobs Report: Payroll Employment Increases By 287,000 In June

Total nonfarm payroll employ-ment increased by 287,000 in June, and the unemployment rate rose to 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job growth occurred in leisure and hospitality, health care and social assistance, and financial activities. Employment also increased in information, mostly reflecting the return of workers from a strike. What…

U.S. Added Strong 215K Jobs in March [VIDEO]

American employers in March added 215,000 jobs, according to new figures Friday from the Bureau of Labor Statistics. Average hourly wages rose 0.3 percent, up from the 0.1 percent registered in February. However, the unemployment rate edged up to 5 percent, a slight bump from 4.9 percent a month ago. So far this year, average…

February Jobs Report Better Than Expected [VIDEO]

U.S. companies added 242,000 new jobs last month, far exceeding expectations and possibly helping to ease widespread fears of an economic slowdown. The unemployment rate remained at 4.9 percent. The Bureau of Labor Statistics report amounts to 72 months of uninterrupted job gains, the longest streak on record. However, wages fell 0.1 percent for February,…

US Unemployment Low After Adding 223,000 Jobs in June [VIDEO]

U.S. employers added a solid 223,000 jobs in June, and the unemployment rate fell to 5.3 percent, a seven-year low. The drop in the unemployment rate from 5.5% in May to 5.3% June takes it to the level that the US government considers full employment, and heightens expectations that the Federal Reserve will raise interest…

Obama to announce training initiative for high-tech jobs

President Barack Obama on Monday will announce a program to provide more Americans with the training needed to secure jobs in the high-technology industry, the White House said. The initiative, which Obama will detail at a National League of Cities conference in Washington, will include “collaboration with local government leaders – working with each other…

THANKS OBAMA! Big February Jobs Report: Unemployment drops to 5.5% [VIDEO]

The U.S. economy added 295,000 jobs in February and the unemployment rate fell from 5.7 percent to 5.5 percent, extending the winter’s mounting labor market gains. The February jobs report released by the Bureau of Labor Statistics exceeded investors’ expectations, which were generally for 230,000 new jobs created. Unemployment drops to 5.5%. Here's the February…

Second-quarter GDP Growth Revised Up To 4.2 Percent [VIDEO]

Second-quarter GDP Growth Revised Up To 4.2 Percent The U.S. economy rebounded more strongly than initially thought in the second quarter, and details of a report on Thursday pointed to sustainable underlying strength. The Commerce Department said gross domestic product expanded at a 4.2 percent annual rate–instead of the previously reported 4.0 percent pace–reflecting upward…

Microsoft To Cut 18,000 Jobs, About 14% Of Its Staff

CEO Satya Nadella says in an email to employees that it was a “difficult” decision, but says changes will lead to “more productive, impactful teams across Microsoft.” A week after writing a 3,100 word company-wide memo on Microsoft’s “bold ambition and our core focus,” the company’s chief executive officer wrote another, shorter memo to his…

U.S. Economy Added 281,000 Private-Sector Jobs in June

ADP NATIONAL EMPLOYMENT REPORT: PRIVATE SECTOR EMPLOYMENT INCREASED BY 281,000 JOBS IN JUNE Private sector employment increased by 281,000 jobs from May to June according to the June ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP®, a leading global provider…

Payroll employment rises by 217,000 in May – Thanks Obama!

Payroll employment rises by 217,000 in May; unemployment rate unchanged at 6.3% THE EMPLOYMENT SITUATION — MAY 2014 Total nonfarm payroll employment rose by 217,000 in May, and the unemployment rate was unchanged at 6.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, health care and social…

Payroll employment rises 288,000 in April; unemployment rate falls to 6.3%

THE EMPLOYMENT SITUATION — APRIL 2014 Total nonfarm payroll employment rose by 288,000, and the unemployment rate fell by 0.4 percentage point to 6.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Employment gains were widespread, led by job growth in professional and business services, retail trade, food services and drinking places,…

U.S. Economy Added 139,000 Private-Sector Jobs in February

Source: ADP®, Automatic Data Processing U.S. Economy Added 139,000 Private-Sector Jobs in February, According to ADP National Employment Report. ADP NATIONAL EMPLOYMENT REPORT: PRIVATE SECTOR EMPLOYMENT INCREASED BY 139,000 JOBS IN FEBRUARY ROSELAND, N.J. –March 5, 2014 –Private sector employment increased by 139,000 jobs from January to February according to the February ADP National Employment…

December unemployment rate declines (6.7%); payroll employment edges up (+74,000)

The unemployment rate declined from 7.0 percent to 6.7 percent in December, while total nonfarm payroll employment edged up (+74,000), the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade and wholesale trade but was down in information. —————————————————————————– | Revision of Seasonally Adjusted Household Survey Data | | | | Seasonally…

U.S. Jobless Claims Fall To 323,000

Hooray! Americans seeking unemployment dropped to 323,000 from 332,000 a week ago, making it the lowest level since October 2007. The four-week average declined 3,000 to 328,500, and economists are forecasting that employers added 177,000 jobs in August, an increase of 15,000 in July alone. And while there are still a large number of Americans…

Dow, S&P 500 At Record Highs, Up 19% In 2013

Investors pushed the Dow and S&P 500 into record territory once again Thursday, as they welcomed a batch of strong earnings and a drop in jobless claims. The Dow Jones industrial average gained 78 points, or 0.5%, to end at a record closing high of 15,548.54. The S&P 500 also rose 0.6% and finished at…

U.S. Economy Added 119,000 Private-Sector Jobs in April, According to ADP National Employment Report

ADP National Employment Report Shows Slower Pace of Job Gains; 119,000 Jobs Added in April Private-sector employment increased by 119,000 from March to April, on a seasonally adjusted basis. (The estimated gain from February to March was revised down to 131,000). Highlights Small businesses (1-49 employees) +50,000 Medium businesses (50-499 employees) +26,000 Large businesses (500…

U.S. Economy To Grow 2.5 Percent This Year: Fed’s Evans

The U.S. economy is expected to grow by 2.5 percent in 2013, improving to 3.5 percent growth in 2014, top Fed official Charles Evans said on Monday. Evans also forecast the U.S. unemployment rate would be 7.4 percent this year, easing to about 7 percent in 2014. “One good indicator of labor market improvement would…