Job Growth Steps Up, But Jobless Rate Rises To 8.3 Percent

Reuters: Top News, Reuters
Fri, 08/03/2012 - 6:12am

Jobs

WASHINGTON (Reuters) - Employers in July hired the most workers in five months, but an increase in the jobless rate to 8.3 percent muddled the near-term outlook for monetary policy.

Senh: A case of good news, bad news. Overall, I think it's good news. Increase in jobs was higher than the increase in unemployment.

NEXT
Sections:  news   business   
RELATED ARTICLES
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
BING NEWS:
  • What’s Working: Colorado’s job growth ahead of US but unemployment rate rises to 4.1%
    The state is tops for job creation but for less obvious reasons. Plus: A national quarterly jobs report suspends Colorado due to “data quality” issues ...
    11/22/2024 - 10:52 pm | View Link
  • Mass. economy keeps pace with US growth as resilience clouds rate outlook
    Federal Reserve chair Jerome Powell cautions investors that borrowing costs might not fall as quickly as they had hoped.
    11/18/2024 - 12:43 am | View Link
  • What's behind Michigan's rising jobless rate: Job cuts at big companies, slowing growth
    Michigan's jobless rate rose for seven consecutive months, increasing to 4.7% in October, state data shows, up from 4.2% the same month last year.
    11/16/2024 - 10:25 pm | View Link
  • Wage growth slows further as unemployment rises – ONS
    Wage growth has fallen to its lowest level in more than two years while Britain’s jobless rate jumped by more than expected, according to official figures.The Office for National Statistics (ONS) said ...
    11/11/2024 - 9:34 pm | View Link
  • UK Jobless Rate Rises; Wage Growth Slows
    (RTTNews) - The UK unemployment rate rose more than expected in the third quarter and wage growth softened, adding pressure on the Bank of England to cut interest rates further. The unemployment rate ...
    11/11/2024 - 8:34 pm | View Link
  • More

 

Comment On This Story

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News

  • Mini crossword answers for November 24
    Mashable, Sunday - 11/24/2024 - 09:17 AM

    The Daily Mini Crossword is one of the many popular daily word games available on Mashable. Powered by Arkadium, the mini crossword offers a speed round of puzzle fun with clues that are sure to challenge experienced crossword enthusiasts. But there's no need to let the challenge get in the way of your enjoyment!

    More | Talk | Read It Later | Share
  • Huey Magoo's hits Texas, Moo Deng Thai Restaurant coming soon
    BizJournals, Sunday - 11/24/2024 - 06:00 AM

    In this week's Roundup: Huey Magoo's expands to Texas, Moo Deng Thai Restaurant comes to Fredricksburg, and Coca-Cola Classic Christmas kicks off at Toyota Field.

    More | Talk | Read It Later | Share
  • California-based law firm hires Metro East lawyer
    BizJournals, Sunday - 11/24/2024 - 06:00 AM

    The firm specializes in representing insurance and business clients in workers’ compensation defense, and has brought a St. Louisan on as a partner.

    More | Talk | Read It Later | Share
  • Unwrap the ultimate on-sale photo editing bundle gift for creatives
    Mashable, Sunday - 11/24/2024 - 06:00 AM

    TL;DR: The Luminar Neo Lifetime Bundle is the perfect gift for photo lovers this holiday — $144.97 gets them editing magic for life. Shopping for the creative person in your life? This holiday, skip the boring gifts and surprise them with something they’ll actually use: the Luminar Neo Lifetime Bundle on sale for $144.97 for a limited time.

    More | Talk | Read It Later | Share
  • For the person on your list who has everything... except Microsoft Office
    Mashable, Sunday - 11/24/2024 - 06:00 AM

    TL;DR: Give the gift of essential productivity tools with a Microsoft Office 2019 lifetime license — a perfect $32.97 early Black Friday deal. Shopping for that person who already seems to have it all? A lifetime license to Microsoft Office Professional 2019 might just be the perfect surprise — a practical gift that’s actually useful and only $33, from New Year’s projects to end-of-year organizing (every year!).

    More | Talk | Read It Later | Share
  • The AI tool that turns ideas into reality in minutes, only $30 for life
    Mashable, Sunday - 11/24/2024 - 06:00 AM

    TL;DR: Get lifetime access to 1MinAI Pro Plan — a powerful AI tool for creators, writers, and tech fans, on sale for $29.97 through December 15. All-in-one AI powerhouse for writing, designing, creating presentations, and more — perfect for creators who want to speed up their workflowText generation made easy: generate creative content, blog posts, ideas, and more with a few clicksDesign assistance at your fingertips: create professional-looking visuals and presentations without complex softwareLifetime access means no monthly fees, so you can use AI to support your projects without ongoing costsUser-friendly interface makes it easy to dive in and start creating, even if you’re new to AI toolsSupports multiple languages so you can create and generate content for different audiences around the worldAdvanced image generation lets you bring ideas to life visually, from social media graphics to unique artwork, without needing design skillsGreat for students, freelancers, and entrepreneurs who want to add a creative edge to their work without hours of workGift yourself (or someone creative) plenty of AI-powered inspiration and productivity with a lifetime subscription to the 1MinAI Pro Plan, available for just $29.97 until December 15.

    More | Talk | Read It Later | Share