Feb 27 U.S. sees 3-month high as 242,000 Americans filing for unemployment benefits By Matt Ott, Associated Press Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three years… Continue reading
Feb 07 U.S. jobless rate dips to 4 percent as employers add 143,000 positions last month By Paul Wiseman, Associated Press The first job report of Donald Trump's second presidency on Friday suggested that he inherited a labor market that is solid but unspectacular. Continue reading
Oct 24 Fewer people are applying for new jobless benefits but demand for workers may be waning, new data suggests By Matt Ott, Associated Press The four-week average of continuing claims is only as high as it was this summer, and not terribly concerning yet, analysts say. Continue reading
Oct 04 U.S. labor market still sturdy as U.S. adds 254,000 jobs and unemployment dips to 4.1 percent By Paul Wiseman, Associated Press America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy. Continue reading
Sep 06 U.S. hiring rebounded slightly last month, showing cooling but steady job market By Christopher Rugaber, Associated Press Collectively, Friday's figures depict a job market slowing under the pressure of high interest rates but still growing. Continue reading
Aug 21 U.S. economy added 818,000 fewer jobs than first reported, sign job market has been slowing By Associated Press The Labor Department estimated that job growth averaged 174,000 a month in the year that ended in March — a drop of 68,000 a month from the 242,000 that were initially reported. The revisions released Wednesday were preliminary, with final… Continue reading
Aug 06 Stocks bounce back from worst drop in nearly 2 years By Stan Choe, Associated Press Calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. Continue reading
Aug 05 Dow drops 1000 points, worst fall since 2022, amid global rout By Stan Choe, Associated Press Wall Street fell the most in nearly two years, continuing a global rout in financial markets, as fear worsens that the U.S. economy is slowing down. Continue reading
Aug 02 Unemployment rise shakes stock markets, yet recession signals have been wrong — so far By Christopher Rugaber, Paul Wiseman, Associated Press The U.S. economy used to flash reliable signals when it was in or near a recession. But those red lights have gone haywire since the COVID-19 pandemic struck and upended normal business activity. Over the past two or three years,… Continue reading
Aug 02 U.S. hiring slows with just 114,000 jobs added in July, unemployment rate hits 4.3 percent By Paul Wiseman, Associated Press U.S. hiring decelerated sharply last month in the face of high interest rates as employers added a weak 114,000 jobs. Friday's Labor Department report showed a drop from the 179,000 jobs created in June. Continue reading