US jobs market breaks out of quagmire
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WASHINGTON  - The US labor market smashed out of a summer-long quagmire, churning out a seven-month record of 337,000 jobs -- far more than predicted by Wall Street.
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New U.S. jobs soared at the sharpest rate in seven months in October, the government reported on Friday, helped by a surge in construction activity as hurricane-battered areas in the Southeast were rebuilt.
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If CBS News is your Oracle of Delphi, then the headline of this edition of BuzzCharts probably comes as a bit of a shock. You thought that the US economy had only created 96,000 new jobs in September, as the media announced on Friday.
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The U.S. jobs market showed some signs of strength in June as private employers added more jobs than expected and planned layoffs decreased, but initial claims for unemployment insurance edged up last week, reports showed on Thursday.
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The US economy added 96,000 jobs last month -- fewer than investors expected and less than the number needed to provide jobs for a growing workforce.
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US employers added 132,000 new jobs in June, higher than market expectations, official figures show.
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TORONTO (CP) - A roaring jobs market in Canada and disappointing jobs data from the United States helped the Canadian dollar crack 80 cents US in trading Friday for the first time in more than a decade.
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US job growth revived last month, the government reported yesterday, as employers added 144,000 jobs to their nonfarm payrolls in August, seasonally adjusted â-arely enough
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The first employment survey released after the election said U.S. businesses added 337,000 jobs -- almost twice as many as expected -- last month.
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The housing sector is in a funk, auto sales are weak, and manufacturing jobs are drying up. So why were Friday's employment numbers surprisingly strong?
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Job growth in the United States soared in October, exceeding even the most optimistic forecasts on Wall Street. The US Labor Department says the growth was spurred by rebuilding in the hurricane-battered south-east and brisk hiring in service industries.
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The housing sector is in a funk,  auto sales are weak, and manufacturing jobs are drying up. So  why were Friday&#39;s employment numbers surprisingly strong?
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Reports showing Canada&#39;s job creation is outpacing the United States&#39; pushed the loonie to 80 cents (US) for the first time in more than a decade yesterday morning.
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The queue of newly jobless Americans shrank last week, providing a dose of good news to the labor market.
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U.S. employers added a  smaller-than-expected 113,000 jobs in July and the unemployment  rate jumped unexpectedly to 4.8 percent, Labor Department data  showed on Friday, igniting hopes for an interest-rate pause by  the Federal Reserve.
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Since late summer, the United States economy has demonstrated an enduring power to surprise. And not for the better.
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The US unemployment rate hit a two-year high in December, data shows, raising fears about a slowdown.