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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US employers boosted payrolls by 157,000 jobs in December, keeping the economy on a path of moderate expansion and completing the first year of job growth since 2000.
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Washington: The US labor market escaped a quagmire in October, churning out a seven-month record of 337,000 jobs -- far more than predicted by Wall Street.
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US stocks rose as a government report showed employers added almost twice the number of workers forecast in October. &quot;The report was a reconfirmation of the solid economic growth that we&#39;ve been experiencing
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Initial U.S. jobless claims surged  unexpectedly last week, taking claims to their highest level  since late September, but analysts shrugged off the large jump  as a holiday-related blip.
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The US economy added 337,000 now jobs in October, a seven-month high and much higher than Wall Street expectations.
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New US 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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The dollar may strengthen against the euro this week on speculation the biggest monthly increase in US jobs since May will persuade investors that a mid-year lull in the economy is over, a Bloomberg News survey indicates.
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A roaring jobs market in Canada and disappointing jobs data from the United States helped the Canadian dollar crack 80 cents US in trading yesterday for the first time in more than a decade.
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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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WASHINGTON - The US job market brightened in August as employers added 144,000 workers to their payrolls and hiring totals for the two prior months were revised up, the Labor Department (search) reported on Friday.
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The US economy added a better-than-expected 132,000 jobs last month, official figures show.
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New York City is wrestling its way out of a recession without its traditional economic engine - Wall Street employers - leading the way.
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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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WASHINGTON -- First-time applications for jobless benefits fell last week, evidence that the US labor market is holding up in the face of a widening credit crunch.
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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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WASHINGTON - The unexpected boom in US job creation in October has locked in an interest rate rise Wednesday and will likely encourage another tightening in December, analysts said.