Jobs report: Steady hiring continues
February 1st, 2013
08:33 AM ET
1 year ago

Jobs report: Steady hiring continues

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New York (CNNMoney) - The jobs recovery continued to crawl forward in January, as employers hired 157,000 workers, the Labor Department said Friday.

Job growth at that level is weaker than in December, when employers added 196,000 jobs.

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Filed under: Jobs
White House jobs council laid off: Job done?
January 31st, 2013
12:44 PM ET
1 year ago

White House jobs council laid off: Job done?

Washington (CNN) – The council of economists, executives and labor leaders created to advise President Barack Obama on spurring job creation will officially cease to exist this week, the White House announced Thursday.

The Council on Jobs and Competitiveness was created in January 2011 by executive order, and its charter mandated that it would expire after two years. A White House official said Thursday that the council's charter would not be renewed.
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Filed under: Jobs • President Obama
December jobs report: Hiring and unemployment steady
January 4th, 2013
08:32 AM ET
2 years ago

December jobs report: Hiring and unemployment steady

New York (CNNMoney) - The job market ended 2012 with more growth, as moderate hiring continued at the end of the year.

The economy added 155,000 jobs in December, bringing the total number of jobs added in 2012 to 1.84 million, the Labor Department said Friday. The unemployment rate was unchanged at 7.8%.

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Filed under: Jobs • unemployment
Forget discouraged, 3 million workers hopelessly unemployed
January 4th, 2013
07:26 AM ET
2 years ago

Forget discouraged, 3 million workers hopelessly unemployed

New York (CNNMoney) – Employers may be hiring, but there's another big problem with the job market that isn't being tracked as closely: the hopelessly unemployed.

An often overlooked number calculated by the Labor Department shows millions of Americans want a job but haven't searched for one in at least a year. They've simply given up hope.

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Filed under: Jobs • unemployment
First-time jobless claims fall
December 27th, 2012
09:07 AM ET
2 years ago

First-time jobless claims fall

New York (CNNMoney) - The number of newly unemployed seeking jobless benefits fell more sharply than expected last week, according to the government's latest reading on the state of the labor market.

There were 350,000 filing for initial jobless claims in the week, down from the 362,000 who sought assistance a week earlier. Economists surveyed by Briefing.com had forecast 375,000 would be seeking help last week.

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Filed under: Jobs
Jobless claims fall to pre-Sandy levels
December 13th, 2012
08:58 AM ET
2 years ago

Jobless claims fall to pre-Sandy levels

New York (CNNMoney) - First-time claims for unemployment benefits fell last week, and are now back to pre-hurricane levels.

About 343,000 people filed initial jobless claims last week, 29,000 fewer than those who sought help in the previous week, the Labor Department reported Thursday.

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Filed under: Jobs
December 7th, 2012
07:12 PM ET
2 years ago

Video: Will the jobs report incentivize a deal on the fiscal cliff?

(CNN) - CNN's John King and Candy Crowley look at the political implications of Friday's jobs report, including whether it will incentivize lawmakers to make progress on a deal to avert the fiscal cliff.


Filed under: Fiscal Cliff • Jobs • TV-The Situation Room
Businesses' fiscal cliff fear: The payroll tax cut
December 7th, 2012
11:19 AM ET
2 years ago

Businesses' fiscal cliff fear: The payroll tax cut

New York (CNNMoney) – Of all the fiscal cliff issues, there's one that scares small businesses most of all: The end of the payroll tax holiday.

The tax comes from worker paychecks and funds Social Security. For the past two years, workers have been paying a rate of 4.2%. In 2013, the rate is set to rise back to 6.2% on the first $113,700 in wages.

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Filed under: Fiscal Cliff • Jobs
GOP on jobs report: 'unemployment remains painfully high'
December 7th, 2012
09:55 AM ET
2 years ago

GOP on jobs report: 'unemployment remains painfully high'

(CNN) – Friday's jobs report, which showed unemployment falling to its lowest point since 2008, was still indication that President Barack Obama's economic policies were failing, according to Republican National Committee chairman Reince Priebus.

"While a downtick in the unemployment rate is welcome news, too many families are still falling behind and unemployment remains painfully high," Priebus said in a statement sent an hour after the jobs report was released. During the presidential race, Republican reaction to negative jobs reports was almost instantaneous.
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Filed under: Jobs • RNC
Economy adds 146,000 jobs in November, unemployment drops to 7.7%
December 7th, 2012
08:32 AM ET
2 years ago

Economy adds 146,000 jobs in November, unemployment drops to 7.7%

(CNN) - Modest hiring continued in November and the unemployment rate fell to its lowest level in nearly four years, according to a report released Friday.

The U.S. economy added 146,000 jobs in November, and the unemployment rate fell to 7.7% from 7.9% in October, the Labor Department said. That's the lowest unemployment rate since December 2008.

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Filed under: Jobs
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