Economy Adds More Jobs in August Than in July
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Unemployment ticked down a tenth of a point, but the average American worker is logging fewer hours and wage gains are minimal.
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US manufacturing expanded at a slower pace in August as fewer companies reported an increase in orders and production. Construction spending rose to a record in July, private and government reports showed.
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For the first time since March, sales of new homes rose in August.
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Manufacturing undergirded the US economy in August and probably into this month, helping sustain the expansion as retail sales slowed, reports this week are forecast by economists to show.
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Retail sales rose 0.2 percent in August after a surge of 1.4 percent in July, while another report showed that weekly first-time claims for jobless benefits declined.
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The pace of job creation picked up modestly in August and the unemployment rate edged down, the Labor Dept. said.
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The first employment survey released after the election said U.S. businesses added 337,000 jobs -- almost twice as many as expected -- last month.
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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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WASHINGTON  -The U.S. economy added a stronger-than-forecast 132,000 jobs in November, the government reported on Friday, though the unemployment rate edged up slightly from October.
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The US economy added 144,000 jobs in August, dropping the unemployment rate to its lowest level in nearly two years and handing George W. Bush fresh ammunition to claim that life is getting better for Americans.
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The economy grew at a solid annual rate of 3.7 percent in July, August and September, driven by swelling demand for automobiles and other big-ticket items
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Manufacturing in the nation accelerated in August and September, supporting Federal Reserve chairman Alan Greenspan&#39;s view that the economy &quot;regained some traction.
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Industrial production and new home construction rose sharply last month, suggesting that the economy is overcoming high energy prices and rebounding from the summer slump.
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France's seasonally-adjusted unemployment rate rose to 9.9 percent of the workforce in August from 9.8 percent in July, data from the Labour Ministry showed several.
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On the campaign trail today, President Bush stressed that the economy &quot;is strong and getting stronger,&quot; after the Labor Department released data showing that the economy gained 144,000 jobs in August.
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The U.S. job market brightened  modestly in August as employers added 144,000 workers to  payrolls and weak hiring tallies for the two prior months were  revised up, the Labor Department said on Friday.
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Businesses added a net 111,000 jobs last month, continuing the recent trend of strong labor markets.