unemployment rate

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Sluggish Wages Add Sour Note to Strong Jobs Report

Unemployment ticks up to 4.4%

(Newser) - The US economy created more jobs than expected in June—222,000, ahead of analysts' predictions of about 174,000 and the biggest leap since February. The unemployment rate, however, ticked up to 4.4% from 4.3%. (The latter mark in May had been a 16-year low .) The...

Unemployment Hits 16-Year Low
Unemployment
Hits 16-Year Low
Jun 2, 2017 8:08 AM CDT

Unemployment Hits 16-Year Low

It's 4.3%, but the pace of hiring slows

(Newser) - US employers pulled back on hiring in May by adding only 138,000 jobs, though hiring was still enough to help keep pushing unemployment lower. The Labor Department says the unemployment rate fell to 4.3% from 4.4% , reports the AP . That's the lowest level since May 2001,...

Obama Hands Trump a 4.7% Unemployment Rate
We Went From 7.8% to 4.7%
Under Obama's Watch
jobs report
Jan 6, 2017 7:55 AM CST

We Went From 7.8% to 4.7% Under Obama's Watch

Rate ticked up slightly in December, as expected

(Newser) - It's the end of an era: The last jobs report that falls fully under President Obama's tenure was issued on Friday, and he'll hand President-elect Donald Trump an economy that boasts a 4.7% unemployment rate. That's a tick up from November's 4.6%, and...

Unemployment at 9-Year Low, but There's a Downside

Drops to 4.6%

(Newser) - The US unemployment rate fell to a nine-year low of 4.6% last month, though not for the best reason: Many of the unemployed gave up looking for work, reports the AP . Employers added a solid 178,000 jobs in November, nearly matching the average monthly gains this year. Those...

Hiring Steady as Wages See Biggest Rise Since Recession

Unemployment now at 4.9%

(Newser) - US employers added a decent 161,000 jobs in October, and the unemployment rate dipped to 4.9% from 5%, reports the AP . It was the final major report on a lukewarm but durable economy before Americans choose a new president next week. The Labor Department said Friday that average...

'Datageddon' Day: 215K More Jobs, but Unemployment Ticks Up

The good news: More Americans are on the hunt for jobs

(Newser) - US employers notched another solid month of hiring in March by adding a higher-than-expected 215,000 jobs, driven by large gains in the construction, retail, and health care industries, the AP reports. Despite the jump, the Labor Department said Friday that the unemployment rate ticked up to 5% from 4....

This Single Jobs Stat Is the One That Matters
This Single Jobs Stat
Is the One That Matters
OPINION
Sep 9, 2015 10:00 AM CDT

This Single Jobs Stat Is the One That Matters

Blog post: Foreign-born Americans are finding jobs, while native-born Americans struggle

(Newser) - You may have caught recent headlines about the nation's unemployment rate falling to 5.1%, a seven-year low . And you may have heard related arguments about how that stat is meaningless because so many people have stopped looking for work. But a blog post at Zero Hedge argues that...

Unemployment Holds at 5.3%
 Unemployment Holds at 5.3% 
Aug 7, 2015 7:44 AM CDT

Unemployment Holds at 5.3%

215K jobs were added in July

(Newser) - The Wall Street Journal was right on the money: It estimated that 215,000 jobs were added in July and predicted that the unemployment rate would remain at 5.3%. That's exactly what happened. Writing for the Journal, Erik Holm notes that "this marks the third straight month...

In 'Anticlimax,' Jobless Rate Sinks to 5.3%

What 'Jobs Thursday' brought

(Newser) - It's a rare "Jobs Thursday" due to tomorrow's holiday, and so America learned a day earlier than usual that the unemployment rate fell to 5.3%, with "a solid" 223,000 jobs added in June, per the AP . That's a tad bit better and worse...

Jobs Report: Things Look to Be 'Back on Track'

280K new jobs added, unemployment rate ticks up to 5.5%

(Newser) - It's a good number: 280,000 jobs were added in May, besting economists' consensus prediction of 225,000. Today's jobs report also revealed the unemployment rate ticked up from 5.4% to 5.5%, the Wall Street Journal reports. The new jobs numbers for March and April show...

Jon Stewart Has Been Helping Veterans on the Sly

'Daily Show' 5-week 'boot camp' has been training, placing vets in TV jobs

(Newser) - Jon Stewart's last day on The Daily Show will be Aug. 6 , but there may be a few employees sticking around that he's been hiring on the sly: military veterans. In a surprise revelation in the New York Times , Stewart cops to a stealth "boot camp" he'...

April Jobs Report Mixes Good News With Bad

Unemployment rate 5.4%, 223K jobs added, but there's a but

(Newser) - The unemployment rate fell from 5.5% to 5.4% in April and the economy added 223,000 jobs—pretty close to the 228,000 economists had expected—but elements of the jobs report weren't exactly encouraging. The number of new jobs added in March was revised way down,...

This Month's Jobs Report a Surprise—the Bad Kind

Economy adds just 126K jobs, and more not-great news

(Newser) - The US economy added just 126,000 jobs in March—not even close to the 248,000 economists had expected, the Wall Street Journal reports. The unemployment rate remained unchanged , at 5.5%. At the Journal, Paul Vigna calls the jobs number a "surprise," noting that's the...

Unemployment Rate Lowest Since May 2008

At 5.5%, but there's a 'but'

(Newser) - A better jobs report than expected today, at least when it comes to new jobs: 295,000 of them were added last month, and the unemployment rate fell to 5.5%, the AP reports. Economists had expected 240,000 new jobs, with the unemployment rate expected to drop from 5....

1st Jobs Report of 2015: Mostly Good News

More jobs added than expected, though unemployment rate ticks up

(Newser) - The US economy added 257,000 jobs last month, a full 20,000 more than economists had expected today's jobs report to show, the Wall Street Journal reports. The unemployment rate ticked up from 5.6% to 5.7%, but as the AP explains, that's partially because more...

This Year Could Be Best for Hiring Since 1999
This Year Could Be Best
for Hiring Since 1999
jobs report
Dec 5, 2014 7:50 AM CST

This Year Could Be Best for Hiring Since 1999

321K jobs added in November as unemployment rate holds at 5.8%

(Newser) - With the November jobs report in, America is poised to have its best year for job gains since 1999. Last month, 321,000 jobs were added, and the unemployment rate held steady at 5.8%. According to the Wall Street Journal , economists had expected just 230,000 jobs. More good...

Unemployment Rate Lowest Since 2008

It hits 5.8%, with 214K jobs added in October

(Newser) - The unemployment rate ticked down from 5.9% to 5.8% last month, its lowest level since July 2008, the AP reports. And 214,000 jobs were added; 233,000 had been expected, per the Wall Street Journal's forecast, with the unemployment rate expected to stick at 5.9%....

Unemployment Rate Hits 6-Year Low: 5.9%

As 248K new jobs added

(Newser) - We saw what the AP terms a "burst of hiring" last month, with US employers adding 248,000 jobs and the unemployment rate dropping to its lowest level since July 2008—5.9%. Economists had expected 215,000 new jobs and the unemployment rate to hold at 6.1%,...

Today&#39;s Jobs Report: Not Great
 Today's Jobs Report: Not Great 
Sep 5, 2014 7:51 AM CDT

Today's Jobs Report: Not Great

Just 142K jobs added in August; unemployment down to 6.1%

(Newser) - Economists expected 225,000 jobs to be created in August—but today's jobs report reveals that just 142,000 were added, the "lowest level of job growth" seen this year and "well below" the average of 212,000 we've seen over the past year, the Wall ...

BofA, Feds Near Biggest Settlement in US History

Justice Dept. deal would cost bank $16B-$17B for foreclosure mess

(Newser) - Bank of America is headed toward the biggest settlement to arise from the 2008 financial crash, a deal with the Justice Department reportedly worth $16 billion to $17 billion over its role in the sale of mortgage-backed securities, a source directly familiar with the matter tells the AP . The tentative...

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