The Labor Department says the U.S. added just 194,000 jobs last month, even lower than the lackluster showing in August. The unemployment rate fell to 4.8%.
Hiring slowed in August as a surge in new coronavirus infections weighed on the economic recovery. Employers added just 235,000 jobs last month, a sharp drop from June and July.
As the U.S. economy continues to rebound from the pandemic recession, lots of people are going back to work — but not as quickly as many employers would like. Employers added 943,00 jobs in June.
U.S. employers added 559,000 jobs last month, as the unemployment rate fell to 5.8% from 6.1% in April. Employers say they could use even more workers as demand surges and pandemic fears recede.
LAS VEGAS (AP) — Nevada's state jobless office has signed on with an identity verification system that requires an additional step for new regular unemployment insurance applicants providing personal information online.
The Paycheck Protection Program, which provided emergency loans to small businesses amid the pandemic, will wind down soon. Economists are divided on whether it saved enough jobs to justify its cost.
Although the overall jobs market is starting to come back, youth unemployment remains stubbornly high, creating a lot of anxiety among the latest class of college and high school seniors.
The Federal Reserve has raised its forecast for economic growth, thanks to an improving public health outlook and trillions of dollars in federal spending.
More than 46,000 Missourians have received letters demanding repayment. The state says it paid out more than $150 million last year to people who it later determined weren't eligible for the benefits.
LAS VEGAS (AP) — Officials say Nevada's troubled unemployment benefits program has been overhauled, and a "tsunami" of claims spurred by pandemic layoffs have largely been sorted.
On his first day in office, the president plans to sign an executive order extending the CDC's moratorium on evictions. Housing advocates say the CDC rule needs to be strengthened.
U.S. employers added just 245,000 jobs last month as the runaway pandemic continued to weigh on hiring. The unemployment rate fell to 6.7% from 6.9% in October.
The Labor Department is expected to report Friday a sharp slowdown in job growth in November as a surge in coronavirus cases weighs on many businesses.
