Jobs growth skids to near halt
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Jobs growth skidded to a near-halt in December and the unemployment rate hit a two-year high, according to a government report on Friday that raised recession fears and chances of more interest-rate cuts.
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U.S. job growth slowed sharply last month, and many workers' incomes fell, as automakers, airlines and retailers trimmed their payrolls, reducing consumers' buying power just as the holiday season was beginning.
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U.S. manufacturing growth slowed in  June and construction spending in May unexpectedly staged its  biggest drop since September 2004, data showed on Monday,  adding to signs the economy is cooling.
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Employers' payrolls grew by just 96,000 in September in a weaker-than-expected government report Friday that provided a final snapshot before Election Day of a lackluster jobs market.
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In a sign U.S. companies are slowing up on their hiring, a survey on Thursday showed that it is taking longer than ever for workers to land a new job.
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Pending sales of existing homes plunged by a record 12.2 percent in July, and private employers hired the fewest workers in more than four years in August, according to reports released on Wednesday that point to a weakening economy.
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The number of new people signing up for unemployment benefits dropped last week, a hopeful sign that the recovery in the jobs market is moving ahead.
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A slowing economy weighs on the employment software company.
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The US economy added an underwhelming 51,000 jobs last month, a report says,  another sign of slower growth.
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US job growth revived and the unemployment rate fell last month, the government reported yesterday, providing fresh ammunition for both presidential candidates as they debate
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WASHINGTON -- Nervous employers cut 17,000 jobs in January _ the first such reduction in more than four years and a fresh trouble sign that the economy is in danger of stalling.
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Unemployment jumped to its highest rate in two years and new hiring slowed to a trickle in December as a cooling economy and a continued downturn in the housing sector registered soundly in the country's labor force.
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The economy nearly stalled in the first quarter with growth slowing to a pace of just 0.6 percent. That was the worst three-month showing in over four years.
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Growth in US services - the engine driving the world's biggest economy - has slowed sharply, a survey suggests.
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The economy added 112,000 payroll jobs in November, far fewer than the month before and not enough to keep up with average increases in the adult population.
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The U.S. economy added a modest  97,000 jobs in February, the smallest gain in two years, but  job growth in prior months was stronger than first thought and  the unemployment rate dropped, the government said on Friday,  easing fears over economic weakness.
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As job growth has picked up in many areas of the country, employment has continued to falter in some crucial battleground states.