Unemployment

Unemployment, Hourly Pay Decline In November; Employers Add 178,000 Jobs

U.S. employers added 178,000 new non-farm jobs during November, according to a government employment report that’s only surprise was a sharp decline in the unemployment rate to 4.6 percent. Today’s monthly report from the U.S. Department of Labor showed private-sector employers added 156,000 jobs. The service sector accounted for 139,000. Goods producers accounted…

Jobs Up 178,000 In November; Unemployment Takes Sharp Drop

U.S. employers added 178,000 new non-farm jobs during November, according to a government employment report that’s only surprise was a sharp decline in the unemployment rate to 4.6%. Today’s monthly report from the Department of Labor showed private sector employers added 156,000 jobs. The service sector accounted for 139,000. Goods producers accounted for…

The Unemployed May Be Better Off Not Taking Just Any Job

Here’s an unexpected discovery: women who sat out periods of unemployment fared better at job hunting than did those who took a low-level job while they searched. The surprising results of a study in which thousands of fictitious resumes were sent in response to 4,600 job openings for administrative support jobs were published…

Employers Ignore Stock Market to Add 190K Workers In August

Shrugging off the turmoil in the world’s financial markets, U.S. employers continued to hire in August, adding 190,000 new jobs to the national economy. The monthly National Employment Report from HR services and payroll processor ADP came in somewhat lower than the 200,000 increase economists expected, yet it was an improvement over the…

Tech Insights: How Technology Can Help Internships, Youth Employment

It’s a great tragedy that so many young people graduate from post-secondary education with no on-ramp to a career. Many young people study law, teaching or medicine not because it is their calling but because those are the only programs with a clear line of sight to a job. I’m wondering if HR…

November Job Growth Surges and Hits Highest Rate in 3 Years

Economists were expecting November’s job growth to be about average, right around 220,000. Instead, the U.S. Department of Labor said employers added 321,000 jobs last month, the most in almost three years. To add to the robust report, the government adjusted upward its initial numbers for September and October by 44,000 jobs. Together…

Weekly Wrap: Part-Timers Want to Be Full-Timers, But Where Are the Jobs?

It’s been an ongoing question nobody has a good answer to: Why don’t more people feel good about the economy given the drop in the unemployment rate to nearly pre-recession levels? Well, according to the latest survey from CareerBuilder, it’s because many part-time workers who want permanent, full-time employment simply can’t find it….

October Unemployment Drops to 5.8% as 214,000 Jobs Are Added

Job creation topped 200,000 for the ninth consecutive month, adding 214,000 new non-farm jobs in October. Meanwhile, the unemployment rate edged down to 5.8 percent, the lowest in six years. The Bureau of Labor Statistics, which released October’s monthly employment report, also adjusted its estimates for August and September upward, adding 31,000 more jobs…

Temp Staffing Continues to Grow; Economy Adds 214K Jobs As Unemployment Declines

For the ninth consecutive month job creation topped 200,000, adding 214,000 new non-farm jobs last month. Meanwhile, the unemployment rate edged down to 5.8%, the lowest in six years. Temp staffing continued its steady climb, adding 15,100 workers, down from September’s adjusted upward count of 17,800. For the nine months from January through…

Survey Says Nearly One-Third of Employers Plan to Hire This Quarter

In what could be the strongest finish since before the Great Recession, an increasing number of employers say they intend to hire full-time permanent workers this quarter. CareerBuilder’s quarterly survey of employers found 29 percent of them expect to add permanent headcount before the end of 2014, an increase of four percentage points…

September Report Shows Hiring Up, Unemployment Down to 6-Year Low

Propelled by strong hiring across a range of occupations and industries, September saw 248,000 new jobs added to the economy, which helped drive down unemployment to a six-year low of 5.9 percent. The monthly jobs report from the U.S. Bureau of Labor Statistics also adjusted upward its count of hiring in August and…

August Job Growth Is the Slowest So Far This Year

Editor’s note: The Weekly Wrap is taking one more week of vacation. It will return next week. Even taking into account the usual summer hiring slowdown, the August jobs report from the U.S. Labor Department can only be called surprising. The Bureau of Labor Statistics said 142,000 new jobs were created in August, a number…

New Jersey Governor Vetoes Bill Protecting Unemployed Job Hunters

By Eric B. Meyer A bill that would have made it illegal for New Jersey companies to refuse to hire a job candidate because of his/her employment status is dead for now. Last week, New Jersey banned the box. However, Bob Jordan over at the Cherry Hill Courier-Post reports here that New Jersey…

February Jobs Report Improved a Little, But Still Not as Good as Last Year

Less crippled than economists predicted by the nasty weather that gripped much of the nation last month, the U.S.Department of Labor reports that the economy improved hiring in February, adding 175,000 new jobs. That was 25,000 more jobs than the average of analyst estimates. In this touch-and-go economic recovery, gains higher than expected are good news, but…

Beyond the State of the Union: What Does It Mean For Employers?

By Michael J. Lotito Amid the usual litany of aspirational goals and objectives laid out during Tuesday’s State of the Union address, President Obama termed 2014 “a year of action” and announced his willingness to bypass Congress and take steps to raise the minimum wage without legislation. Specifically, the President said that in the…

December Numbers Show Worst Job Growth in Two Years

The government’s estimates of December’s job growth, projected by most economists to come in at somewhat over 190,000, stunned analysts with the report of an anemic 74,000 new jobs. The December report from the U.S. Bureau of Labor Statistics (BLS) contradicts other, positive signs of economic strength, including strong home sales and a rise in the…

Strong November Job Numbers Push Unemployment to 5-Year Low

Unemployment fell to the lowest level in five years in November as employers added 203,000 jobs, demonstrating an economic strength that surprised economists who had been expecting lower numbers. The U.S. Department of Labor report said the unemployment rate declined to 7.0 percent from October’s 7.3 percent, even as more workers joined the…