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 — Exactly eight years after the Great Recession ended, the U.S. job market has settled into a sweet spot of steadily solid growth. The 4.4 percent unemployment rate matches a decade low. Many people who had stopped looking for […]
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 […]
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 […]
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 — The jobs report for July that the government will release Friday is expected to show another month of solid gains, matching the steady hiring that has propelled the U.S. economic expansion. The report will also provide a key […]
WASHINGTON — U.S. employers added 223,000 jobs in April, a solid gain that suggests that the economy may be recovering after stumbling at the start of the year. The Labor Department said Friday that the unemployment rate dipped to 5.4 […]
WASHINGTON — The resurgence in U.S. hiring accelerated in November and put 2014 on track to be the healthiest year for job growth since 1999. The gain of a robust 321,000 jobs — the most in nearly three years — […]
WASHINGTON — U.S. employers added just 142,000 jobs in August, snapping a six-month streak of hiring above 200,000 and posting the smallest gain in eight months. The unemployment rate fell to 6.1 percent from 6.2 percent, the Labor Department said […]
WASHINGTON — U.S. businesses added jobs at a healthy pace in August, according to a private survey, the fifth straight month of solid gains. Payroll processer ADP said Thursday that private employers added 204,000 jobs last month, down from 212,000 […]
WASHINGTON — The American economy shrugged off the end of a brutal winter last month, rebounding with the biggest hiring surge in two years and suggesting that the job market’s gains could endure. Employers added 288,000 jobs across industries from […]
WASHINGTON – Job growth was stronger than expected in June and the employment count for the prior two months was revised higher, showing the economy on solid ground and likely keeping the Federal Reserve on track to scale back its […]
The U.S. economy continued to churn out low-paying jobs in June, as the weakest labor-market recovery since World War II ground sluggishly ahead. Employers added 175,000 jobs to nonfarm payrolls in May, the Bureau of Labor Statistics reported on […]
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