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Unemployment Rate Rises to 7.9% as 157K Jobs Added in January

Unemployment Rate Rises to 7.9% as 157K Jobs Added in January

Tim Boyle/Getty Images(WASHINGTON) — U.S. employers kicked off 2013 by adding 157,000 jobs to their payrolls in January, the Labor Department reported Friday morning.The figures were slightly worse than had been anticipated by economists, who were exp…

Unemployment Rate Stays at 7.8% as 155K Jobs Added in December

Unemployment Rate Stays at 7.8% as 155K Jobs Added in December

Tim Boyle/Getty Images(WASHINGTON) — U.S. employers added 155,000 jobs to their payrolls in December, keeping in line with expectations, the Labor Department reported Friday morning.Economists had anticipated seeing between 150,000 and 160,000 jobs ad…

Labor Market Most Likely Held Up in December, Economists Project

Labor Market Most Likely Held Up in December, Economists Project

Tim Boyle/Getty Images(NEW YORK) — Economists say employers most likely added jobs in December at roughly the same pace as November, demonstrating that the U.S. labor market held up amidst wrangling in Washington over the fiscal impasse, Bloomberg New…

Unemployment Rate Falls to 7.7% as 146K Jobs Added in November

Unemployment Rate Falls to 7.7% as 146K Jobs Added in November

Tim Boyle/Getty Images(WASHINGTON) — In the first monthly jobs report since Election Day, the Labor Department on Friday said U.S. employers added 146,000 jobs to their payrolls in November, exceeding expectations.Economists had anticipated only aroun…

US Economy Added 171,000 Jobs in October

US Economy Added 171,000 Jobs in October

Tim Boyle/Getty Images(WASHINGTON) — In the final monthly jobs report before Election Day, the government on Friday said the U.S. unemployment rate for October ticked up to 7.9 percent.The Labor Department’s Bureau of Labor Statistics (BLS) reported t…

Gallup: Unemployment Rate Now Down to 7.3 Percent

Gallup: Unemployment Rate Now Down to 7.3 Percent

iStockphoto/Thinkstock(WASHINGTON) — There’s an October surprise in the making that’s out of the hands of either President Obama or GOP presidential nominee Mitt Romney.A report by Gallup tracking the nation’s hiring finds that the unemployment rate h…

Wall Street Report: Stocks Close Mostly Lower

Wall Street Report: Stocks Close Mostly Lower

Hemera/Thinkstock(NEW YORK) — The day on Wall Street saw the Dow down 19 points, the Nasdaq finishing down three points, and the S&P up just a fraction.The number of Americans who filed first time unemployment claims hit a four-year low last week….

Jack Welch Claims Jobs Report Suspicions Correct

Jack Welch Claims Jobs Report Suspicions Correct

Peter Foley/Bloomberg via Getty Images(NEW YORK) — Jack Welch, the former CEO of General Electric, is doubling down on his tweet last week voicing suspicion that the Obama administration is manipulating U.S. employment data for political advantage.&ld…

Unemployment Rate Falls to 7.8% as 114K Jobs Added in September

Unemployment Rate Falls to 7.8% as 114K Jobs Added in September

Tim Boyle/Getty Images(WASHINGTON) — U.S. employers added 114,000 jobs to their payrolls last month, keeping in line with expectations, the Labor Department reported Friday morning.  Economists had expected to see around 115,000 jobs added in Sep…

Fed 2012 GDP Growth Forecast Worsens; Unemployment Forecast Unchanged

Fed 2012 GDP Growth Forecast Worsens; Unemployment Forecast Unchanged

Chip Somodevilla/Getty Images(WASHINGTON) — Among its announcements Thursday was the Fed’s prediction for unemployment, GDP growth and inflation rates. The Federal Reserve still thinks unemployment won’t fall below eight percent this year.&…

Unemployment Rate Falls to 8.1% as 96K Jobs Added in August

Unemployment Rate Falls to 8.1% as 96K Jobs Added in August

Tim Boyle/Getty Images(WASHINGTON) — U.S. employers added 96,000 jobs to their payrolls last month, falling short of expectations, the Labor Department reported Friday morning.  Economists had expected to see around 125,000 jobs added in Augus…

Unemployment Rates Showcased in Convention States

Unemployment Rates Showcased in Convention States

iStockphoto/Thinkstock(WASHINGTON) — As the Democratic National Convention kicks off today in Charlotte, N.C.,  President Obama must make his case for a second term against a backdrop of 8.3 percent national unemployment, and the rate in the stat…

Labor Day 2012: Where The Jobs Are

Labor Day 2012: Where The Jobs Are

Kevork Djansezian/Getty Images(NEW YORK) — With the U.S. unemployment rate stuck at 8.3 percent, the job market can best be described as weak in most parts of the country and for many industries. But well-paid jobs are available, and some employers ha…

163,000 Jobs Added in July; Unemployment Rate Rises to 8.3%

163,000 Jobs Added in July; Unemployment Rate Rises to 8.3%

Tim Boyle/Getty Images(WASHINGTON) — U.S. employers added 163,000 jobs last month, exceeding expectations, the Labor Department reported Friday morning.The figure is the biggest increase since February and more than double the amount of positions that…

80,000 Jobs Added in June; Unemployment Rate Unchanged at 8.2%

80,000 Jobs Added in June; Unemployment Rate Unchanged at 8.2%

Stockbyte/Thinkstock(WASHINGTON) — U.S. employers added 80,000 jobs last month, falling short of expectations, the Labor Department announced Friday morning.Economists had expected to see around 90,000 positions added in June, higher than the 69,000 j…

Romney: Jobs Numbers a ‘Kick in the Gut’

Romney: Jobs Numbers a ‘Kick in the Gut’

Mario Tama/Getty Images(WOLFEBORO, N.H.) — Taking an unscheduled break from his week-long vacation in New Hampshire, Mitt Romney told reporters on Friday that a lackluster U.S. job growth report for June was “another kick in the gut to middle cl…

White House Says Employment Not Growing Fast Enough

White House Says Employment Not Growing Fast Enough

Andrew Harrer/Bloomberg via Getty Image(WASHINGTON) — Reacting to Friday morning’s jobs report, the White House said the economy is continuing to heal, but that “much more remains to be done to repair the damage from the financial crisis.&…

June Jobs Report Expected to Show Struggling Unemployment Picture

June Jobs Report Expected to Show Struggling Unemployment Picture

Tim Boyle/Getty Images(NEW YORK) — The Labor Department’s June jobs report — the most closely-watched economic number leading up to the presidential election — will be released on Friday and economists don’t expect much summer sunshine in the nation…

Federal Reserve Expects Higher Unemployment than Previously Forecast

Federal Reserve Expects Higher Unemployment than Previously Forecast

iStockphoto/Thinkstock(WASHINGTON) — The Federal Reserve expects unemployment to be higher at the end of the year than it originally forecast back in April.The Fed now expects unemployment to be between 8 percent and 8.2 percent by the end of the year…

Latest Unemployment Report: By the Numbers

Latest Unemployment Report: By the Numbers

Stockbyte/Thinkstock(WASHINGTON) — Here are eight key figures from the Labor Department’s jobs report for May:
12.7 Million: The number of people currently unemployed in the United States.

Out of the 155 million people in the civilian labor fo…

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