Weak employment report casts doubts over US economic strength (AFP/File)
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AFP/File - A weaker-than-anticipated report on the US labor market, showing just 112,000 jobs added in November, cast fresh doubts over the pace of growth of the world's largest economy.
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The Decatur area employment outlook is one of the weakest in the nation, according to results from the latest Manpower Employment Outlook Survey.
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TORONTO (CP) - Stock market futures in New York pointed to a weak start Friday after the September US employment report showed 96,000 jobs created while the unemployment rate held steady at 5.4 per cent.
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The U.S. economy added a weaker-than-expected 111,000 jobs in January, but the job picture was much brighter than first estimated in the final quarter of last year, a government report on Friday showed.
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Itâs a curious phenomenon. Americans seem to feel more economically insecure even though the economy has become more stable.
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The fall highlighted concerns about weakness in the U.S. economy as economies abroad continue to expand.
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Bush administration officials on Friday sought to ease fears the U.S. was tipping into recession after a government report showed the economy shed jobs for the first time in four years last month.
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US trade policy is far from perfect, of course. But election year rhetoric, particularly that on &quot;outsourcing&quot; of jobs, may have given some Americans a distorted view of reality.
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U.S. business productivity growth proved surprisingly sluggish at the end of 2004 and claims for jobless aid unexpectedly dipped last week, according to government reports that showed a good sign for employment which could fan inflation fears.
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Economists said the new numbers suggested that the economy may be weaker than many had thought.
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Bush administration officials on  Friday sought to ease fears the U.S. was tipping into recession  after a government report showed the economy shed jobs for the  first time in four years last month.
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US businesses added just 96,000 jobs to payrolls in September, the government reported on Friday, a weaker-than-expected total that was expected to sharpen a presidential debate later in the day over the economy&#39;s direction.
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COLUMBUS - John Kerry&#39;s campaign in Ohio seized on yesterday&#39;s Labor Department report that said the US economy added 96,000 jobs in September, a weaker total than expected in the last employment report before the Nov. 2 election.
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US economic growth drops to a weaker-than-expected annual rate of 0.6% in the final quarter of 2007.
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Investor's Business Daily - Construction employment may be 160,000 below what current data show, according to a study by Macroeconomic Advisers. The report comes amid debate over why construction employment has fallen only 0.6% since Sept. despite a double-digit drop in home building. Economists attribute the discrepancy to factors including undercounting and layoffs of illegal aliens who don&#39;t file for jobless benefits.
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Issuing an economic report that could have a strong political impact, the Labor Department said Friday that US employers created 96,000 jobs in September, far fewer than most economists had expected.
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The growth of jobs has stalled in the US, and this has big implications for Australia. For interest rates, for our dollar, for jobs here, for our economy more generally, and for investments.