The United States economy added 165,000 new jobs in April, as the unemployment rate dropped again to a new post-recession low of 7.5 percent, according to the Bureau of Labor Statistics.
In February, unemployment in the U.S. fell to 7.7 percent, its lowest point in four years according to the Labor Department, as 236,000 new jobs were added.
Unemployment in December remained unchanged at 7.8 percent, according to the Labor Department, while 155,000 new jobs were created. In the private sector, 168,000 new jobs were created while 13,000 government positions were lost, mostly in local education.
According to the Labor Department, 146,000 jobs were created in November and the U.S. unemployment rate fell from 7.9 to 7.7 percent. While the number of jobs added exceeded the consensus economist estimate of 86,000, the decline in unemployment was…
The Labor Department reported that 171,000 jobs were added in October while the unemployment rate rose from 7.8 to 7.9 percent as workforce participation increased. Positive revisions to September and August also added a combined 84,000 positions to the previously reported levels. During the first 10 months of 2012, employment growth has now averaged 157,000 jobs per month, about 32,000 positions a month faster than the U.S. workforce grew over the same period last year.
Total employment in the U.S. grew by 163,000 positions in July as the unemployment rate grew from 8.2 to 8.3 percent, according to the Labor Department. Forecasts by economists estimated only 100,000 jobs would be added during the month. Job growth was at its highest level in five months, and if trends hold, could signal the beginning of a more robust period of job growth going into the end of the year.
The Labor Department reports that the U.S. unemployment rate remained unchanged in June at 8.2 percent while adding 80,000 jobs, mostly in the professional services sector. The first quarter of 2012 averaged a gain of more than 225,000 positions per month, while the second quarter averaged just 75,000.
Total employment in the U.S. grew by 69,000 positions in May and unemployment grew for the first time in more than a year from 8.1 to 8.2 percent as nearly half a million high school and college graduates entered the…
Total employment in the U.S. grew by 69,000 positions in May and unemployment grew for the first time in more than a year from 8.1 to 8.2 percent as nearly half a million high school and college graduates entered the workforce. Revisions to April’s employment numbers showed that just 77,000 jobs were added that month, rather than the 115,000 first reported.
According to the Labor Department, total employment grew in the United States by 115,000 positions in April, the 19th straight month of job growth. The unemployment rate dropped from 8.2 to 8.1 percent and from 10 percent two years earlier.