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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New labor statistics show that productivity is slowing faster than previously thought, raising the question of whether layoffs are soon to follow.
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Those planning to look for a job in the Kalamazoo area during the first quarter of 2005 might find the going slow. The pace of hiring among area employers is expected to be slow during the first quarter of
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Fewer Americans signed up for unemployment benefits last week, raising hopes that the nation's job market will show improvement moving into the new year.
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Description: Labor leaders are trying to find ways to reverse decades of dwindling membership caused, they say, by outsourcing and globalization.
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Consumers were feeling confident in January: The job market was chugging along and oil prices were down. Their optimism may dwindle, however, on concerns that job and wage growth may slow.
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The new forecast will reflect the drag from the housing slump and a slightly lower-than-expected unemployment rate.
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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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It might be hard for some drivers to believe, but average commuting times are getting shorter for U.S. workers.
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WASHINGTON: The administration of President George W Bush, after being ridiculed by Democrats for an overly optimistic jobs forecast this year, significantly reduced its forecast for new jobs that will be created in 2005.
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The nation&#39;s labor markets sputtered again last month as job growth, which surged in October, reverted to the lackluster pace that has marked the recovery for much of the year.
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Fewer Americans signed up for unemployment benefits last week, raising hopes that the nation&#39;s job market will show improvement moving into the new year.
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The U.S. manufacturing economy unexpectedly contracted in December, ending a streak of 10 consecutive months of growth and sinking to its lowest point in almost five years, a private research group said Wednesday. The decline suggests that the overall economy may be weakening faster than some economists predicted.
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The new year is expected to usher in a flurry of job hopping as employees frustrated by years of incremental raises and scarce advancement opportunities shop  for new employers. Nearly half of U.S. companies face an  exodus as the economy improves, according to a survey by Novations Selection.
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Mandating an increase in the federal minimum wage is likely to reduce demand for the services of those at the bottom of the economic heap.
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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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Job growth is reaching its peak, confirming that economic activity is slowing from its earlier brisk pace to a more sustainable rate.