Casey Quinlan, Virginia Mercury Friday’s jobs data showed a strong, resilient U.S. labor market with wages outpacing inflation — welcome news for Americans hoping to have more purchasing power in 2024. The December jobs report unveiled another unemployment rate below 4%, as it has for two years, at 3.7%, the …
Read More »Jobs Report Surprises As Employers Add 336,000 Jobs In September
Casey Quinlan Employers continued their hiring streak in September, surprising economists by boosting jobs for workers in restaurants, health care, and government. The Bureau of Labor Statistics monthly jobs report, released Friday, showed a gain of 336,000 jobs. The unemployment rate held steady at 3.8%. The BLS also revised up …
Read More »U.S. Economy Adds More Jobs In June Even As Hiring Slows
Casey Quinlan, Pennsylvania Capital-Star Although hiring inched down in June, the U.S. labor market is still showing signs of strength, with unemployment falling and earnings continuing to rise, the latest jobs report from the U.S. Department of Labor showed. The economy added 209,000 jobs as the unemployment rate fell to 3.6% from …
Read More »Biden Accuses GOP of ‘Rooting for Recession’ After Jobs Report
President Joe Biden on Friday accused the Republican leadership of “rooting for a recession” after new Labor Department figures showed the U.S. economy added 261,000 jobs in October, more than analysts expected but down slightly from the previous month. “Today’s jobs report—adding 261,000 jobs with the unemployment rate still at …
Read More »U.S. Gains 428,000 Jobs in April; Unemployment Remains Unchanged
The U.S. economy added 428,000 jobs and the jobless rate held even at 3.6 percent, according to data released Friday by the Labor Department. It was the 16th straight month of job growth and the 12th straight month that more than 400,000 jobs were added. Average hourly earnings for workers …
Read More »Biden Touts Strong January Jobs Report That Beat Expectations
President Joe Biden touted a surprisingly strong U.S. jobs report for January, declaring, “America’s job machine is going stronger than ever.” “Our country is taking everything that Covid has to throw at us and we’ve come back stronger,” Biden said, speaking from the White House. Pres. Biden on expectedly strong …
Read More »Employers Added 850,000 Jobs in June, Better Than Expected
Employers added 850,000 jobs in June, well above expectations, the Bureau of Labor Statistics reported Friday. That compares to 559,000 jobs in May and forecasts of a 700,000 increase. Meanwhile, the unemployment rate was slightly changed at 5.9%, up from its 5.8% rate in May. “Notable job gains occurred in …
Read More »U.S. adds 916,000 jobs in March; unemployment down to 6%
The U.S. economy added close to 920,000 jobs in March, the Labor Department said Friday in its monthly report. The report showed an addition of 916,000 jobs, beating many analysts’ expectations of about 850,000. As expected, the figures show a large number of American workers returning to the workforce. Even …
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