According to the Bureau of Labor Statistics, the U.S. economy gained 2.5 million jobs in May, more than twice the previous record for a monthly gain of 1.1 million jobs, which was set in September 1983.  read more

JUN 8, 2020 - 6:45 am

Reuters reported that U.S. applications for unemployment benefits fell after reaching a two-year year peak last week. read more

DEC 27, 2019 - 6:25 am

The Federal Reserve raised interest rates by a quarter-point, its first rate hike this year, in a decision that was widely anticipated by markets. read more

MAR 22, 2018 - 7:46 am

Bloomberg reported an increase of 228,000 in payrolls in November, a reading which surpassed the predicted 195,000. In addition, the jobless rate was at its lowest level since 2000, sitting at 4.1%. read more

DEC 11, 2017 - 6:52 am

Total nonfarm payroll employment increased by 222,000 in June, and the unemployment rate was little changed at 4.4% the U.S. Bureau of Labor Statistics reported. Employment increased in health care, social assistance, financial activities and mining. read more

JUL 10, 2017 - 6:25 am

Total non-farm payroll employment increased by 227,000 in January, and the unemployment rate was little changed at 4.8%, the U.S. Bureau of Labor Statistics reported. Job gains occurred in retail trade, construction and financial activities. read more

FEB 6, 2017 - 7:49 am

The unemployment rate declined to 4.6% in November, and total nonfarm payroll employment increased by 178,000, the U.S. Bureau of Labor Statistics reported. read more

DEC 7, 2016 - 7:18 am

In its July update of the national employment situation, the U.S. Bureau of Labor Statistics reported that the unemployment rate was unchanged at 5.3 percent. read more

AUG 10, 2015 - 6:32 am

The U.S. Labor Department reported employer’s payrolls nationwide grew by 223,000 people in April, while the unemployment rate dropped to its lowest rate since May 2008. read more

MAY 11, 2015 - 7:21 am

CFO reported in a recent article that rising employment could deal the death blow to companies teetering on the edge of bankruptcy. read more

MAR 18, 2015 - 7:24 am

Bill Bosco

Although the official unemployment rate is 5.6%, it is a misleading number. The labor participation rate (the percentage of working aged people who are working or looking for work) is at 62.8%, meaning over 92 million working-aged people are not... read more

Jan 2015