October jobs report: Hiring increases, unemployment up
November 2nd, 2012
08:33 AM ET
1 year ago

October jobs report: Hiring increases, unemployment up

New York (CNNMoney) – Hiring increased last month, while the unemployment rate ticked higher, according to a report released just four days before the presidential election.

The economy added 171,000 jobs in October, while the unemployment ticked up to 7.9, from 7.8% in September, the Labor Department said Friday.


Filed under: 2012 • Economy • Jobs • Mitt Romney • President Obama
Private hiring jumps, unemployment claims fall
November 1st, 2012
09:51 AM ET
1 year ago

Private hiring jumps, unemployment claims fall

New York (CNNMoney) - Private sector hiring jumped in October, according to a report released Thursday by payroll processor ADP.

Private employers added 158,000 jobs in the month, ADP said, beating economists' forecasts of 143,000.

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Filed under: 2012 • Jobs
October jobs report will be released Friday
October 31st, 2012
01:47 PM ET
1 year ago

October jobs report will be released Friday

New York (CNNMoney) - The October jobs report will come out on Friday morning as scheduled, the Department of Labor announced Wednesday.

With Superstorm Sandy closing federal offices for two days, the department's ability to produce the highly-anticipated report was thrown into doubt. The report will provide a last look at the health of the job market before Tuesday's presidential election.

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Filed under: Jobs
Sandy could delay jobs report
October 29th, 2012
12:25 PM ET
1 year ago

Sandy could delay jobs report

New York (CNNMoney) – Hurricane Sandy could cause a delay in the release of the highly-anticipated October jobs report set for this Friday.

The report is normally released at 8:30 a.m. ET the first Friday of the month. This month's report is the final reading on the health of the job market before the presidential election.

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Filed under: 2012 • CNNMoney.com • Economy • Jobs
Jobless claims snap back up
October 18th, 2012
09:58 AM ET
2 years ago

Jobless claims snap back up

New York (CNNMoney) – First-time claims for unemployment benefits are on a roller coaster. The number snapped back up last week, after falling to a four-year low the week before.

About 388,000 people filed for first-time unemployment benefits in the week ended October 13, up 46,000 from the previous week, the Labor Department said Thursday.

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Filed under: Jobs
Romney PAC uses 8% unemployment in battleground ad
October 9th, 2012
10:05 AM ET
2 years ago

Romney PAC uses 8% unemployment in battleground ad

(CNN) - Despite a jobs report showing unemployment falling to 7.8% in September, the super PAC supporting Mitt Romney continued to use "over 8% unemployment" in a new ad hammering President Barack Obama Tuesday.

Restore Our Future said it was spending $6.3 million to air the spot in Florida, Iowa and Virginia. In the commercial, a narrator asserts high unemployment is a "new normal" of Obama's economy.
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Filed under: 2012 • Jobs • Mitt Romney
October 5th, 2012
11:25 AM ET
2 years ago

Unemployment rate below 8% a boon for Obama, but Romney says not enough

Washington (CNN) – Friday's news that the nation's unemployment rate fell to 7.8% provided a much needed boost to President Barack Obama's campaign after a maligned debate performance, and left his rival Mitt Romney without a usual attack line criticizing the president for presiding over an economy with unemployment above 8%.

The report, which is the penultimate set of monthly jobs data before November's general election, also showed 114,000 jobs were created last month. The unemployment rate now stands where it did in 2009, when Obama took office. At a campaign rally Friday in Virginia, the president cast the number as an indication his policies were working.
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Filed under: 2012 • Jobs • Mitt Romney
October 5th, 2012
11:17 AM ET
2 years ago

Jack Welch: Unemployment rate cooked

New York (CNNMoney) - The big drop in the unemployment rate a month before the presidential election brought cries of disbelief and conspiracy theories from Jack Welch and other critics of the Obama administration Friday. But the Labor Department was quick to dismiss such claims.

"Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers," tweeted Welch, the former CEO of General Electric.

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Filed under: 2012 • Jobs • unemployment
Economy creates 114,000 jobs in September, unemployment falls below 8%
October 5th, 2012
08:33 AM ET
2 years ago

Economy creates 114,000 jobs in September, unemployment falls below 8%

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NEW YORK (CNNMoney) - The unemployment rate tumbled in September as more people returned to the labor force and steady hiring continued.

Employers added 114,000 jobs during the month, down from a revised 142,000 jobs in August, the Labor Department said Friday. But revisions to July and August mean the economy added 86,000 more jobs than originally reported in those months.

FULL STORY

Filed under: Economy • Jobs
Romney boasts jobs plan in new ad
October 4th, 2012
03:00 AM ET
2 years ago

Romney boasts jobs plan in new ad

(CNN) – Hours after the first presidential debate, Mitt Romney reiterated his pledge to create 12 million jobs in a new television ad released Thursday morning.

"Let me tell you how I will create 12 million jobs when President Obama couldn't," Romney says, looking into the camera.
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Filed under: 2012 • Ads • Economy • Jobs • Mitt Romney
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