Hiring jumps in May but so does unemployment
U.S. employers added 272,000 jobs in May -- more than forecasters had expected. The unemployment rate inched up to 4% from 3.9% in April.
unemployment rate
'The Sheer Volume' Is Hard To Capture: Unemployment In Nevada Soars To Historic High
Nearly 41% of jobs in the state's food and accommodation industry have been lost. The overall levels are comparable to the Great Depression, says David Schmidt, a state economist.
With Jobs Numbers Like These, It's Hard To See Why The Economy Is Slowing
The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.
Hiring Slows Amid Trade Tensions, With Only 75,000 Jobs Added In May
The number of jobs added was well below the three-month average. Manufacturing, a key sector that is affected by trade tensions, showed weak growth. But the unemployment rate held steady, at 3.6%.
U.S. Jobs Rebound To Solid Growth; Unemployment Holds At 3.8 Percent
Employers added 196,000 jobs in March, bouncing back from February's weak growth, the Labor Department said Friday. The jobless rate was unchanged at nearly 50-year lows.
U.S. Economy Loses Steam, Adding Only 20,000 Jobs Last Month
The economy added far fewer jobs than expected in February, a slowdown from much stronger gains in December and January. But the jobless rate fell to 3.8 percent, and earnings growth picked up.
U.S. Added 304,000 Jobs In January; Shutdown Boosted Unemployment To 4 Percent
Job growth picked up for the 100th consecutive month even as hundreds of thousands of federal workers were furloughed during the partial government shutdown. Wage growth held steady.
August Jobs Report: Economy Adds 201,000 Jobs; 3.9 Percent Unemployment
Wage growth — and more specifically, the lack of vigorous pay raises — continued to be an issue, with average hourly earnings nudging slightly upward to 2.9 percent.
Likely 2020 Democratic Candidates Want To Guarantee A Job To Every American
Cory Booker, Kirsten Gillibrand, Bernie Sanders and others back "job guarantee" programs to assure jobs for all who want them. It's another sign of top Democrats embracing further left positions.
U.S. Unemployment Drops To 3.9 Percent — Lowest Since 2000
The last time the U.S. jobless percentage sat below 4 percent was in December of 2000. April brought net job gains, but fell short of economists' predictions.