Jobless claims unexpectedly decreased to the lowest level since 1973, indicating the U.S. labor market remains a pillar of support in the world’s largest economy. New applications for unemployment benefits fell by 6,000 to 247,000 in the week ended April 16, data from the Labor Department showed Thursday. The median forecast of economists surveyed by…Details
However, hiring is slowing down. The U.S. economy added only 151,000 jobs in January. That is way down from December when the economy gained 262,000 jobs. Economists surveyed by CNNMoney projected that the economy would create 197,000 new jobs last month. The job market has been a bright spot in America’s recovery from the Great…Details
The US unemployment rate is at a seven-year low.
The economy added 173,000 jobs last month, fewer than expected, while the unemployment rate fell to 5.1% from 5.3%, according to the Bureau of Labor Statistics.
Read more: http://www.businessinsider.com/august-jobs-report-september-4-2015-9#ixzz3knKeQ5EZ
ROSELAND, NJ — (Marketwired) — 09/02/15 — Private sector employment increased by 190,000 jobs from July to August according to the AugustADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP® in collaboration with Moody’s Analytics. The report, which is derived from…Details