Content about Labour economics

January 6, 2012

More jobs than expected were created in December as the national unemployment rate fell to its lowest level since February 2009.

According to the Employment Situation Summary released today by the Bureau of Labor Statistics, nonfarm payroll rose by 200,000 in December, and the unemployment rate declined slightly to 8.5% -- down from a revised 8.7% in November.

Analysts and economists had expected about 150,000 new jobs in December. 

September 5, 2011

Data released by the United States Department of Labor Friday showed the unemployment rate remained unchanged at 9.1% in August. 

Employment in construction; trade, transportation and utilities; financial activities; and leisure and hospitality changed little over the month, according to the release. 

In August 2010, the unemployment rate stood at 9.6%.

January 7, 2011

 

The unemployment rate fell by 0.4 percentage points to 9.4% in December, according to the Bureau of Labor Statistics.

The government also reported non-farm payroll employment increased by 103,000. Employment rose in leisure and hospitality and in health care, but was little changed in other major industries, according to the Friday morning release. The retail trade showed a gain of 12,000 jobs in December, and it has risen by 495,000 since a recent low in September 2009.

 

November 4, 2010

The all-important jobs picture showed some improvement in October, but the unemployment rate remains stuck...

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