In Trying Time, Scaling Down Expectations of Job Growth
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here was a time when adding just under 150,000 jobs a month, three years into an economic recovery, would have been considered a disaster.
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Economists anticipate sluggish job numbers for December, and some think the markets will react favorably.
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Payroll growth was the weakest in two years in February but a lower unemployment rate and a revision higher for January job growth hinted at surprising resilience in the nation's labor market.
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WASHINGTON -- Worker productivity, the key factor in rising living standards, slowed sharply in the final three months of the year while wage pressures increased.
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Job cuts at European investment banks are set to accelerate, suggesting the sector is not too optimistic on revenues and is feeling the pressure to boost returns by clamping down on costs.
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he Labor Department reported last week that 144,000 payroll jobs were created in August. Let&#39;s put that in perspective. The number was below market forecasts.
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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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Good news on economic growth discourages investors hoping for interest rate cuts.
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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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While thousands of layoffs are expected, other openings may mean an easier rebound for workers than in 2001.
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August employment grew at the slowest rate in four years.
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The job market held up amid downbeat news about other parts of the economy.
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Signs of a fairly competitive job market are everywhere, unless you're looking for a big raise.
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Employers went on a hiring spree in October, adding 337,000 new jobs, many of them for hurricane cleanup. The surge was the largest in seven months, a sign the jobs recovery may have taken hold.
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Survey shows workers less optimistic about job market, with fewer saying personal finances are getting better.
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With recession looming, there are pitfalls and opportunities.
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Business & money: Wage growth in the public sector slows to lowest level in nine years.