Jobs | featured news

Service sector growth slips in Oct: ISM

The pace of growth in the services sector slowed modestly in October as new orders slipped, though employment improved to its highest level in seven months, an industry report showed on Monday.

 

Obama, Romney backers cite different jobs numbers

Barack Obama & Mitt Romney

President Obama, Republican challenger Mitt Romney and their backers are stressing different aspects of today's jobs report -- the ones that bolster their respective campaigns.

 

US economy adds 171K jobs; rate rises to 7.9 pct.

Jobs Report

U.S. employers added 171,000 jobs in October, and hiring was stronger in August and September than first thought. The unemployment rate inched up to 7.9 percent from 7.8 percent in September... The government revised its data to show that 84,000 more jobs were added in August and September than previously estimated. The jobs gains in October were widespread across industries. And the percentage of Americans working or looking for work rose for the second straight month.

 

Lingering Unemployment Poses Long-Term Risk

Policy makers are being urged to address long-term unemployment before those looking for work decide to give up trying for good.

 

Businesses created 158,000 jobs in Oct.: private report

Jobs Report

U.S. companies added 158,000 jobs in October, data from a payrolls processor showed on Thursday in a revamped report on the private sector labor market. The historical data for the ADP National Employment Report was revised as part of the new methodology, which was used for the first time in the October report. September's increase has halved to 88,200 new jobs from an initially reported 162,000.

 

Crucial pre-election payroll report looks weak

Now Hiring

Non-farm payrolls in October are forecast to have risen 124,000, barely more than September's 114,000 gain, according to 78 economists polled by Reuters. The unemployment rate probably edged back up to 7.9 percent after falling to 7.8 percent from 8.1 percent last month. The figures are due on Friday.

Senh: Another month of unemployment below 8%. I say that's good news.

 

Initial jobless claims, still volatile, dropped 23,000 last week

First-time claims for unemployment benefits continued their recent roller-coaster ride last week with the second big drop in the last month, but economists said the overall trend is consistent with moderate -- though not great -- job growth.

 

US unemployment aid applications jump to 388K

Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase represents a rebound from the previous week's sharp drop. Both swings were largely due to technical factors.

 

U.S. Unemployment Reaches New Low — Gallup

In the wake of the controversial 7.8% unemployment rate reported by the U.S. Labor Department earlier this month, Gallup today said that its nonseasonally adjusted rate fell from 7.9% at the end of September to 7.3% in mid-October. That is a new low since Gallup began collecting employment data in January 2010.

 

Debate fact check: Revisiting claims on jobs, education

USA TODAY's Paul Davidson, Tim Mullaney, Gregory Korte, Susan Davis and Aamer Madhani took a deeper look at some of the claims Obama and Romney made in the second debate.

 

Subscribe to this RSS topic: Syndicate content