WASHINGTON — U.S. businesses added a robust 230,000 jobs in September, a private survey found, a sign that strong economic growth is spurring companies to add more workers.
Payroll processor ADP said Wednesday that September’s job gain was the most […]
WASHINGTON — President Donald Trump pitched a wildly off-base claim about economic growth Monday as the White House used selective statistics to build a case that the economy is doing much better than when Barack Obama was in office.
The attention […]
WASHINGTON — Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that consumers are helping drive robust economic growth.
Retail sales rose at a 0.5 percent annual rate in July, after a 0.2 percent […]
WASHINGTON — U.S. employers posted slightly more openings in June than the previous month, resulting in more available jobs than unemployed people for the third straight month, signaling a solid economy.
The Labor Department said Tuesday that job openings barely increased, […]
WASHINGTON — U.S. employers slowed their hiring in July, adding 157,000 jobs, a solid gain but below the healthy pace in the first half of this year.
The unemployment rate ticked down to 3.9 percent from 4 percent, the Labor Department […]
WASHINGTON — President Donald Trump falsely claimed Friday he’s pulled off “an economic turnaround of historic proportions.”
Speaking at the White House after the government reported that the economy grew at an annual rate of 4.1 percent in the second […]
WASHINGTON — President Donald Trump is prematurely claiming he proved naysayers wrong in boosting U.S. economic growth.
Speaking at events Thursday in Iowa and Illinois, Trump claimed victory in advance of Friday’s government release of quarterly gross domestic product data, […]
WASHINGTON — U.S. employers kept up a brisk hiring pace in June by adding 213,000 jobs, a sign of confidence in the economy despite the start of a potentially punishing trade war with China.
The job growth wasn’t enough to keep […]
WASHINGTON — “The economy,” Federal Reserve Chairman Jerome Powell declared this week, “is doing very well.”
And it is. Steady hiring has shrunk unemployment to 3.8 percent — the lowest since the 1960′s. Consumers are spending. Taxes are down. Inflation […]
WASHINGTON — America’s 21st century job market increasingly demands high-tech skills and knowledge. Yet consider this: Nearly half the new jobs the government foresees emerging by 2026 will require only a high school diploma — or none at all.
Those […]
President Donald Trump praised his recently-passed tax overhaul law while touring a manufacturing company near Cincinnati, Monday. Trump said the tax cuts are at the center of improving economic conditions. (Feb. 5)
BLUE ASH, Ohio — President Donald Trump accused […]
WASHINGTON — President Donald Trump on Friday praised an America that is “roaring back” just as his government was releasing figures showing a year of economic growth well short of what he told people to expect.
Trump’s speech to the […]
WASHINGTON — Employers posted fewer open jobs in November, the second straight month of decline after openings reached a record high in September.
The Labor Department said Tuesday that the number of available jobs slipped 0.8 percent to 5.88 million, […]
WASHINGTON — U.S. employers added 148,000 jobs in December, a modest gain but still enough to suggest that the economy entered the new year with solid momentum.
The unemployment rate remained 4.1 percent for a third straight month, the lowest […]
WASHINGTON — Unemployment rates dropped to record lows in Alabama, California, Hawaii, Mississippi and Texas in November.
The Labor Department’s report on state unemployment released Friday showed rates fell in 19 other states, a positive sign for U.S. economic growth. […]
WASHINGTON — President Donald Trump, traveling Asia, is claiming a “phenomenal” economic performance at home, “if I do say so myself.”
He does, indeed, say so himself, over and over. But what do those numbers say?
In short, they point to […]
WASHINGTON — U.S. job growth slowed in August as employers added 156,000 jobs, though still enough to suggest that most businesses remain confident in an economy now in its ninth year of recovery from the Great Recession.
The unemployment rate […]
WASHINGTON — U.S. employers added 209,000 jobs in July, a second straight month of robust gains that underscore the economy’s vitality as it enters a ninth year of expansion.
The unemployment rate slipped to 4.3 percent from 4.4 percent, matching […]
WASHINGTON — U.S. employers added a robust 222,000 jobs in June, the most in four months, a reassuring sign that businesses may be confident enough to keep hiring despite a slow-growing economy.
The unemployment rate ticked up to 4.4 percent […]
WASHINGTON — The U.S. economy got off to a lackluster start during the first three months of 2017, though it enjoyed more momentum than earlier estimates indicated.
The Commerce Department said Thursday that gross domestic product, the broadest measure of […]
WASHINGTON — Are employers starting to run out of workers to hire?
A hiring pullback reported in Friday’s U.S. jobs data for May raises that prospect. The economy added just 138,000 jobs, which was still high enough to help drop […]
WASHINGTON — U.S. employers pulled back on hiring in May by adding only 138,000 jobs, though the gains were enough to help nudge the unemployment rate down to a 16 year-low.
The Labor Department said Friday that the jobless rate […]
WASHINGTON — Fewer Americans sought jobless benefits last week, and the number of people collecting unemployment checks felt to the lowest level since 1988 – more evidence the U.S. job market remains strong.
THE NUMBERS: The Labor Department said Thursday […]
WASHINGTON — Hiring in the United States rebounded in April as employers added a brisk 211,000 jobs, a reassuring sign that the economy’s slump in the first three months of the year will likely prove temporary.
The unemployment rate dipped to […]
HONG KONG — A strong U.S. jobs report shored up markets on Friday, though energy shares remained under pressure after the price of oil touched its lowest level in nearly six months.
KEEPING SCORE: In Europe, France’s CAC 40 was […]
LONDON — The eurozone, for so long a laggard in the global economy, outpaced the United States in the first quarter of the year and is widely expected to pick up further steam in the months ahead.
The single currency […]
WASHINGTON — More people sought U.S. unemployment benefits last week, yet total applications remained at a historically low level that suggests workers are enjoying solid job security.
THE NUMBERS: Weekly applications for unemployment benefits rose 10,000 to a seasonally adjusted 244,000, […]
WASHINGTON — Fewer Americans applied for unemployment benefits last week, a sign of the job market appears to be increasingly secure for workers.
THE NUMBERS: Weekly applications for unemployment aid plunged 25,000 to a seasonally adjusted 234,000, the Labor Department said […]
WASHINGTON — President Donald Trump is embracing numbers he once maligned as “phony” as he tries to take credit for the latest jobs report.
The new administration on Friday promoted new Labor Department statistics that show U.S. employers added 235,000 […]
WASHINGTON — U.S. employers added a robust 235,000 jobs in February and raised pay at a healthy pace, making it all but certain that the Federal Reserve will raise short-term interest rates next week.
Friday’s jobs report from the government made […]
WASHINGTON — The U.S. economy grew at an anemic 1.9 percent rate in the fourth quarter, unchanged from an initial estimate, although consumers performed better than first thought.
The increase in the gross domestic product, the broadest measure of economic […]
WASHINGTON – The number of Americans filing for unemployment benefits increased less than expected last week, a sign that the labor market was continuing to tighten.
Initial claims for state unemployment benefits rose 5,000 to a seasonally adjusted 239,000 for the […]
WASHINGTON — U.S. employers stepped up hiring last month, adding a healthy 227,000 jobs, and more Americans began looking for work, a sign that President Donald Trump has inherited a robust job market.
January’s job growth was the best since […]
WASHINGTON — U.S. companies ramped up hiring in January, adding the most new workers since June, according to a private survey.
Payroll provider ADP said Wednesday that businesses added 246,000 jobs last month, up from 151,000 in December. The hiring […]
WASHINGTON — The number of Americans seeking unemployment benefits dropped last week to the lowest level in more than 43 years, another sign that most American workers enjoy job security.
THE NUMBERS: The Labor Department said Thursday that 234,000 Americans sought […]
WASHINGTON — The U.S. economy grew at a 3.5 percent annual rate in the July-September quarter, the fastest pace in two years and more than the government had previously estimated. But the growth spurt isn’t expected to last.
The gain […]
WASHINGTON — He was a first-term senator-turned-president, a former law professor with little experience in economics or management. When he entered the White House he had one essential task: piece together the shards of a shattered U.S. economy.
It wasn’t smooth […]
WASHINGTON — Fewer Americans signed up for unemployment benefits last week, another sign the U.S. job market remains healthy.
THE NUMBERS: The Labor Department said Thursday that weekly claims for jobless aid slid by 10,000 to a seasonally adjusted 258,000. The […]
WASHINGTON — The U.S. jobs report on Friday made one thing clear: President-elect Donald Trump will inherit the same two-track U.S. economy that bedeviled his predecessor.
Hiring is solid and the unemployment rate low. But longer-term problems persist — especially […]
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