Job Growth Is Well Below Wall Street Forecasts
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The economy added 112,000 payroll jobs in November, the Labor Department reported today, far fewer than the month before and not enough to keep up with average increases in the adult population.
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U.S. employment costs rose a slightly less-than-expected 0.7 percent in the fourth quarter of 2004, as salaries and wages grew at their slowest rate in nearly six years, a government report showed on Friday.
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US employers added 96,000 jobs last month, a tepid performance that disappointed Wall Street markets but was strong enough to keep the unemployment rate from rising above 5.4 percent.
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US stock futures fell on Friday then quickly rebounded, after a US report showed job growth in August came in slightly below expectations.
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U.S. stock futures indicated a higher Wall Street start on Friday as a report showing weaker-than-expected January job growth suggested that the Federal Reserve may have room to keep interest rates steady.
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The US Labor Department on Friday issued its employment report for November, showing slower job growth than had been expected. Only 112,000 new jobs were created, compared to forecasts of 180,000.
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US stocks fell at the market open on Friday after a government report showed weaker-than-expected job growth in September, a sign the economy may not be as strong as Wall Street had estimated.
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U.S. stock futures pointed to a  slightly lower open on Wall Street  on Thursday after a report  showed a larger-than-expected rise in claims for unemployment  benefits, a gauge of strength in the jobs market.
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The nation&#39;s unemployment rate was a respectably low 5.4 percent in September -- but the number of new jobs created -- 96,000 --- was well below analysts&#39; expectations of 150,000
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U.S. employers added just 146,000 new jobs in January and hiring in the previous three months was revised lower, the government said on Friday in an unexpectedly weak report on the job market, but a drop in job-seekers pushed the unemployment rate to its lowest level in three years.
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Issuing an economic report that could have a strong political impact, the Labor Department said Friday that US employers created 96,000 jobs in September, far fewer than most economists had expected.
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The U.S. economy added a weaker-than-expected 111,000 new jobs in January with the bulk of hiring in the service sector, but hiring for the prior three months was stronger than earlier estimates, a government report on Friday showed.
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Companies added 96,000 jobs to their payrolls in September, fewer than economists forecast for the last employment report before Election Day, highlighting a modest pace of hiring that has become an issue in President Bush's bid for re-election.
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Employers' payrolls grew by just 96,000 in September in a weaker-than-expected government report Friday that provided a final snapshot before Election Day of a lackluster jobs market.
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Employers added 132,000 jobs last month, a moderate pace slightly above what forecasters were expecting.
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The U.S. economy added a  weaker-than-expected 111,000 jobs in January, but the job  picture was much brighter than first estimated in the final  quarter of last year, a government report on Friday showed.
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Wall Street looked poised for a weaker open on Thursday, but data on the U.S. manufacturing sector and the job market could determine the direction of the session.