Jobs picture brighter than feared
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The economy added 97,000 jobs in February, the smallest gain in two years, but job growth in prior months was revised higher and the unemployment rate dropped, the government said on Friday in a report that eased fears over a sharp economic slowdown.
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Employers added a stronger-than-expected 132,000 new jobs in June and also boosted payrolls more strongly than previously thought in April and May, according to a Labor Department report that underlined a strengthening job market.
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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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The employment outlook is brightening in the Merrimack Valley, according to a recent survey and local officials, though they caution that this spurt in hiring largely compensates for the job losses in recent years.
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The U.S. 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 reported on Friday.
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The number of new U.S. jobs climbed by an unexpectedly brisk 157,000 in May, while factory activity improved and consumers remained upbeat, according to data on Friday that suggested the economy was bouncing back.
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Holiday sales data and a jobs report  this week will provide the first glimpse of the economy's  health going into 2005, and could give another boost to the  end-of-year stock rally, analysts said.
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Employers boosted payrolls by a better-than-expected 132,000 jobs in June, enough to keep the unemployment rate at a relatively low 4.5 percent. It was another sign that the economy is snapping out of a nearly yearlong sluggish spell.
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Wall Street opened higher after a private employment reading eased some concerns about the economy a day before the Labor Departmentâs key report on employment.
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Stock futures rose on Friday after a government report showed the U.S. economy added more jobs than expected in November, easing worries about the economy's health.
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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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The coming week will likely reveal that there is life yet in the economy, with several surveys showing encouraging gains.
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The job market held up amid downbeat news about other parts of the economy.
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A stronger-than-forecast 132,000 jobs were created in November, according to a government report on Friday that implied the U.S. economy had more underlying resilience than previously thought.
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Economists anticipate sluggish job numbers for December, and some think the markets will react favorably.
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There might be signs of life in the industry after all.
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The Bush administration has gotten a boost from an improving employment picture in Australia, which was being credited by analysts yesterday for a solid weekend re-election