In Trying Time, Scaling Down Expectations of Job Growth
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The reception of 144,000 new jobs as adequate employment growth is evidence of economists' more modest view of what the economy can deliver.
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Employers stepped up hiring in August, expanding payrolls by 144,000 and lowering the unemployment rate marginally to 5.4 percent. While the figures didn't amount to a national job fair, analysts said, they did hold out the promise of stronger growth following the summer lull.
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The pace of U.S. worker productivity  growth slowed at the end of 2004 and new claims for jobless aid  dipped last week, according to reports raising both job-growth  hopes and inflation concerns.
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The gross domestic product is up, but jobs are down. Economists say yes, that is possible. MIAMI - It seems, at first blush, to be a baffling contradiction.
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As the economy has turned against those with low skills and researchers have questioned the long-term impact of the Job Corps.
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US economic growth should slow over the coming year as consumers cut back on spending, but improved business confidence should help hiring, a wide-ranging survey of forecasters found.
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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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It might be hard for some drivers to believe, but average commuting times are getting shorter for U.S. workers.
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August employment grew at the slowest rate in four years.
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While thousands of layoffs are expected, other openings may mean an easier rebound for workers than in 2001.
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US employers will add jobs at a quicker pace at the end of 2004 and throughout 2005 than earlier expected, according to a survey of economic forecasters out Monday.
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The number of U.S. workers filing   new claims for jobless aid rose slightly last week, while a   forward-looking economic gauge hit its lowest in nearly a year,   according to data on Thursday that painted a picture of modest   growth.
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Many of the nation&#39;s employers expect to begin the new year by hiring, according to a study released yesterday. That positive outlook continues the swelling of payrolls that has characterized the last three financial quarters.
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Owners of small business are losing  faith in the U.S. economy as they scale back plans to hire  workers and make capital expenditures, a small business survey  released on Tuesday showed.
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At the risk of repeating ourselves, it is worth bearing in mind that this recovery has been different from other recoveries. While much of the attention paid to the economy has focused on the sluggish jobs
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American businesses are largely unprepared for a seismic workforce change that will get underway in the coming decade, as tens of millions of baby boomers retire and far fewer new employees arrive to take their place.
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The productivity of America's workers grew at a 1.8 percent annual rate in the third quarter, the slowest pace in nearly two years, the government reported yesterday. The deceleration, however, raised some hope that employers who have squeezed efficiencies out of existing workforces may boost hiring.