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U.S. jobless rate falls to nine-year low, payrolls rise

December 3, 2016 by · Leave a Comment 

By Lucia Mutikani WASHINGTON (Reuters) – The U.S. unemployment rate fell to a nine-year low of 4.6 percent in November, as employers added another 178,000 jobs, making it almost certain that the Federal Reserve will raise interest rates later this month. The unemployment rate hit its lowest level since August 2007 because more people found work but also because the labor force shrank as more people retired, lowering the number of working-age people in the labor force to 62.7 percent. Economists had forecast payrolls rising by 175,000 last month and the unemployment …

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U.S. jobless rate falls to nine-year low, payrolls rise

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Solid U.S. employment gains expected in August; jobless rate seen falling

September 2, 2016 by · Leave a Comment 

U.S. employment growth likely moderated in August after two straight months of hefty gains, but was probably still strong enough to push the Federal Reserve to raise interest rates later this year. The unemployment rate is forecast falling one-tenth of a percentage point to 4.8 percent. The Labor Department will release its closely watched employment report on Friday and readings in line with expectations would reinforce views that the economy has regained speed after almost stalling in the first half of the year

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Solid U.S. employment gains expected in August; jobless rate seen falling

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U.S. job market firming despite anemic economic growth

April 8, 2016 by · Leave a Comment 

The number of Americans filing for unemployment benefits fell more than expected last week, suggesting the labor market continued to strengthen despite tepid economic growth. Initial claims for state unemployment benefits declined 9,000 to a seasonally adjusted 267,000 for the week ended …

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U.S. job market firming despite anemic economic growth

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U.S. jobless claims near 42-year low as labor market tightens

December 24, 2015 by · Leave a Comment 

The number of Americans filing for unemployment benefits fell more than expected last week, nearing a 42-year low as labor market conditions continued to tighten in a boost to the economy. Initial claims for state unemployment benefits dropped 5,000 to a seasonally adjusted 267,000 for the week ended Dec.19, not far from levels last seen in late 1973, the Labor Department said on Thursday. Claims have been below 300,000, a threshold associated with a

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U.S. jobless claims near 42-year low as labor market tightens