Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly the rest of the year. The unemployment rate was unchanged at 9.5 percent. Private employers added a net total of only 71,000 jobs in July, far below the 200,000 or more [...]
Private employers added new workers at a weak pace for the third straight month, making it more likely economic growth will slow in the coming months. The jobless rate was unchanged at 9.5 percent.
The Labor Department says the jobless rate declined in 39 states and Washington, D.C. last month. That’s a slight improvement from May, when 37 states saw their rates decline. Only 21 states saw net job gains in June, the government said. That compared to 41 the previous month and it was the fewest for the [...]
The nation’s unemployment rate fell in June, though hiring by the private sector remained soft, according to a government report Friday. The figures suggest the economic recovery is moving forward this summer, but with weak momentum in the job market. The jobless rate was 9.5 percent last month, down from 9.7 percent in May, a [...]
Washington —Private employers added a smaller-than-expected 83,000 jobs in June, but the unemployment rate edged down to 9.5% as many workers dropped out of a labor market that remains very sluggish. The Labor Department reported Friday that total payroll employment, including government workers, was down 125,000 in June, reflecting the loss of 225,000 census workers [...]