Tag: US unemployment

Thursday, April 2nd 2020 - 07:50 UTC
US unemployment claims expected at record high: 80% Americans under some form of lockdown

The number of Americans filing claims for unemployment benefits likely shot to a record high for a second week in a row as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.
Saturday, October 5th 2019 - 09:37 UTC
US unemployment at a record 50-year low in September, but manufacturing fell sharply

The U.S. unemployment rate dropped to near a 50-year low of 3.5per cent in September, with job growth increasing moderately, suggesting the slowing economy could avoid a recession for now despite trade tensions that are hammering manufacturing.
Saturday, April 6th 2019 - 09:52 UTC
Hiring in services increases helping to keep US unemployment at a record low 3.8%

US job creation came back to life in March, with a hiring surge in healthcare, bars and restaurants, while unemployment held steady and worker wages continued to climb, government data showed Friday.
Sunday, August 6th 2017 - 11:58 UTC
US unemployment drops to 4.3%, but hourly earnings remain flat

The United States economy added a solid 209,000 jobs in July, exceeding economists’ estimates as the labor market shows few signs of slowing down. The unemployment rate last month fell to 4.3% from 4.4%, the Labor Department reported on Friday.
Sunday, June 4th 2017 - 12:51 UTC
US unemployment down to 4.3% in May, but fewer jobs were added

United States employers added fewer jobs than expected in May, but the unemployment rate dipped further as the economy headed toward full employment. The unemployment rate last month was 4.3%, falling a 10th of a percentage point to its lowest level since 2001, the US Labor Department said on Friday.
Sunday, May 7th 2017 - 12:34 UTC
US economy created more jobs in April and is technically in full employment

US jobs growth staged a bigger recovery than expected in April as businesses added 211,000 posts. Figures from the US Department of Labour also showed the unemployment rate dropped slightly to 4.4%, compared with 4.5% in March.
Monday, September 5th 2016 - 08:58 UTC
US economy adds more jobs in August, but not as many as expected

The expanding US economy added another 151,000 jobs in August, according to the US Labor Department, while the unemployment rate stayed at 4.9%. The number of extra jobs was sharply down from an upwardly revised July figure of 275,000. It was also a smaller rise than the average monthly increase of 204,000 seen during the previous 12 months.
Sunday, April 3rd 2016 - 07:43 UTC
US economy gains confidence: 215.000 more jobs in March and 1.4% growth in fourth quarter

The US economy added 215,000 jobs in March, a little less than it did in February when 242,000 jobs were created. The unemployment rate has risen to 5% from 4.9%, which was an eight-year low, but the Labor Department said more Americans were finding jobs, which suggested a sign of confidence in the US economy. In effect this follows the report on the US economy which grew at an annualized rate of 1.4% in the fourth quarter of 2015s.
Saturday, March 5th 2016 - 06:29 UTC
US jobs market in February underlines strength of the economy

The United States economy added 242,000 jobs in February, far better than the 190,000 expected by economists. The Labor Department numbers underlined the strength of the US economy and may allow the Federal Reserve to gradually raise interest rates this year. Another 30,000 jobs were also added to the previous estimates for December and January.
Saturday, November 7th 2015 - 08:18 UTC
US unemployment drops to 5%; Fed expected to raise rates in December

Expectations of a rise in US interest rates in December have soared following a stronger-than-expected jobs report. The US economy added 271,000 jobs in October, far exceeding the 185,000 jobs that economists had forecast.