Unemployment Rate Declined in Feb.
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The job market held up amid downbeat news about other parts of the economy.
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Inflation pressures fell in February due mainly to measures for vendor performance and the job market, which were partly offset by inflationary moves in interest rates and commodity prices, a report said on Friday.
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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. economy added a modest 97,000 jobs in February, the smallest gain in two years, but job growth in prior months was stronger than first thought and the unemployment rate dropped, the government said on Friday, easing fears over economic weakness.
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The U.S. 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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The number of people claiming unemployment benefit last month fell by 6,100 to 830,200, according to the Office for National Statistics.
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The number of workers seeking  first-time jobless aid fell by 1,000 last week, a government  report showed on Thursday, signaling a steady, solid job  market.
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The US creates fewer jobs than expected in January, but the unemployment rate is at its lowest level since September 2001.
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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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The number of people in Britain claiming unemployment benefits have fallen for a fourth month in a row in January, with the unemployment rate settling at 2.9 percent.
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The US jobless rate dropped in November, but analysts are surprise and disappointed by the weak job creation numbers reported by the US Labour Department.
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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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The unemployment rate for August fell to 5.4 percent from 5.5 percent, the lowest since October 2001, the government reported today.
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Consumer sentiment fell further than previously estimated in February, as concerns over incomes and jobs in a slowing economy weighed on confidence.
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The nation's labor market softened slightly last month, with the unemployment rate edging up to 4.6 percent as job growth slowed, the Labor Department said yesterday.
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The number of Americans filing new claims for unemployment benefits declined slightly last week, indicating continued strength in the labor market despite a spring slowdown in the economy.
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The number of newly laid off workers filing claims for unemployment benefits fell to the lowest level in nearly four months last week, but the decline was viewed as overstating the strength in the labor market.