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December hiring wave lowers U.S. jobless rate to 8.5%

Jobless Rate

A burst of hiring in December pushed the U.S. unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011. The Labor Department said Friday that employers added a net 200,000 jobs last month and the unemployment rate fell to 8.5 percent, the lowest since February 2009. The rate has dropped for four straight months

Senh: If jobless rates continues to improve, then the Republicans can't it against Barack Obama anymore.

 

Report Shows a Mere 80,000 Jobs Added in U.S. in October

While the unemployment rate dipped to 9 percent, the improvement was seen as mediocre.

Senh: Jobs are added and the unemployment rate went down. I'll take that as good news.

 

U.S. Economy Added 216,000 Jobs in March; Rate at 8.8%

U.S. Economy Added 216,000 Jobs in March; Rate at 8.8%

The report, slightly exceeding economists’ expectations, added to hope that hiring was finally on a steadier track.

 

California gains jobs in October

The state added 39,000 jobs to payrolls in diverse sectors. Unemployment is still high in many counties.

 

Unemployment rate falls, but job momentum weak

Unemployment rate falls, but job momentum weak

Private employers add 83,000 jobs in June, more than double the rate in May but still below the numbers that would suggest a strong recovery.

 

162,000 Jobs Added in March; Rate Remains 9.7%

162,000 Jobs Added in March; Rate Remains 9.7%

Though the unemployment rate remained steady at 9.7 percent, the overall employment picture was greatly improved, with positive revisions to January and February.

 

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