Report: U.S. Job Market Weakens In June
The economy grew by 206,000 jobs in June, but unemployment was above 4% in the same month, according to the Labor Department said on Friday.
The economy grew by 206,000 jobs in June, but unemployment was above 4% in the same month, according to the Labor Department said on Friday.
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
Today’s jobs report: 303,000 jobs added in March, unemployment down to 3.8%. However, decline in full-time jobs and rise in part-time positions noted.
9,000 more people applied for unemployment benefits last week, bringing the total to 212,000—the highest number since January.
In the latest job reporting for the month of October, the United States economy saw job creation decrease.
The jobs report for September shows that we added 336,000 jobs, which is above expectations of 170,000.
The U.S. economy witnessed a hefty increase of 336,000 new jobs last month, marking the strongest job growth since January, according to the latest report by the Bureau of Labor Statistics.
The July monthly jobs report is out, showing that U.S. employers added 187,000 jobs. The unemployment rate also decreased from 3.6% to 3.5%.
A stronger than expected jobs report today. The U.S economy added 517,000 jobs last month.