The U.S. economy added 157,000 jobs in July and the unemployment rate ticked down to 3.9% in a jobs report that was below analysts’ expectations but still showed an economy humming along. Experts had expected job gains of 190,000 for the month. Among the sectors adding the most positions were manufacturing with 37,000, health care […]
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U.S. inflation hit a six-year high last month delineating the reason workers are not feeling real increases in their wages. Americans are finding it difficult to realize real increases in their take-home pay despite an economy that is growing at near-record levels. The consumer-price index, a measure that tracks prices of a basket of consumer […]
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The U.S. economy added 223,000 jobs in May, beating expectations and delivering a positive jobs report, indicating a bustling economy. The unemployment rate fell to 3.8%, the lowest it’s been since 2000. Economists had been expecting an addition of 190,000 and the unemployment rate remaining steady at 3.9%. Perhaps the most positive news in the […]
Continue ReadingThe economy added a strong 313,000 jobs in the month of February beating Wall Street expectations and fueling strong gains in the stock market. The Dow Jones Industrial Average rose nearly 300 points in early trading in the wake of the reports’ release. The unemployment rate stayed the same at 4.1%, the fifth straight month […]
Continue ReadingThe economy added 200,000 jobs in January and unemployment held at 4.1% according to the January jobs report released by the Labor Department. November’s and December’s totals were revised upward by an additional 24,000 jobs. The unemployment rate has dropped from 4.8% to 4.1% over the last year. It has been at 4.1%, the lowest […]
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