iOS app Android app

December Jobs Report

U.S. Adds 252,000 Jobs In December; Unemployment Rate Declines To 5.6%

AP/HuffPost | Posted 01.09.2015 | Business

The U.S. economy added 252,000 jobs in December, as the unemployment rate fell to 5.6 percent, the Bureau of Labor Statistics reported Friday. More...

Jobs Report: Deep Freeze in the December Jobs Market

Jared Bernstein | Posted 03.12.2014 | Business
Jared Bernstein

Payrolls were up only 74,000 last month, the lowest job gain since January 2011 and suggestive evidence that the broader economic recovery has yet to reach the all-important job market.

No, a Decent Jobs Report Does Not Mean We No Longer Need an Extension of Unemployment Insurance!

Jared Bernstein | Posted 02.05.2014 | Business
Jared Bernstein

Okay, there were too many negatives in that title. Let me say it more positively: We positively must extend UI benefits, lest 1.3 million UI recipients lose needed UI benefits in a job market that is improving, but still slack.

November Jobs Report: U.S. Creates 203,000 Jobs, Unemployment Rate Down To 7%

Posted 12.06.2013 | Business

The U.S. economy added 203,000 jobs in November, as the unemployment rate falls to 7.0 percent, the Bureau of Labor Statistics reported Friday. Th...

Employment Healing Continues, But Still Frustratingly Gradual

Mohamed A. El-Erian | Posted 03.06.2013 | Business
Mohamed A. El-Erian

The December employment report released this morning confirms that the labor market continues to heal. This is good news. The challenge now is to consolidate the improvement. For that, politicians need to overcome self-made problems; also, and critically, they need to stop creating new ones.

Why Jobs Must Be Our Goal Now, Not Deficit Reduction

Robert Reich | Posted 03.06.2013 | Politics
Robert Reich

The typical American worker's paycheck will drop this week because his or her Social Security tax will rise, from 4.2 percent to 6.2 percent. That's nonsensical. We need to put more money into the pockets of average workers, not less.

Today's Jobs Report: Steady as She Goes, but She Needs to Go Faster

Jared Bernstein | Posted 03.06.2013 | Business
Jared Bernstein

Today's employment report shows steady employment growth, fast enough to keep the jobless rate from rising, but not fast enough to knock it down much. The main, first-take point here is that this is a glass-half-full, glass-half-empty jobs report, and more broadly speaking, job market. In the near term, market and political volatility over the recent fiscal craziness is not particularly evident in the job market, which has been moving along at about a trend growth rate. Uninspiring -- and not fast enough to provide the opportunities we need, but steady and pretty resilient to everything from Congressional wound-infliction to hurricanes. Still, we're growing at a steady pace and the last thing we'd want to do is screw around with the debt ceiling... right?

U.S Economy Adds 155,000 Jobs In December

Posted 01.04.2013 | Business

The U.S. economy added 155,000 jobs in December, and the unemployment rate is now 7.8 percent, the Labor Department announced Friday. (SCROLL DOWN...

Mark Gongloff

Missing Persons Report | Mark Gongloff | Posted 02.03.2012 | Business

The job market is still on a long road to full recovery, but it took a big step in January. U.S. nonfarm payrolls grew by 243,000 jobs in January, ...