Jobless rate falls to 5.2 %
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The US economy generated new jobs at a disappointing pace in January, but created just enough to push payroll employment to a record high and spare President Bush from joining Herbert Hoover as the only president to end a term with net job losses.
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Unemployment in the UK fell by 51,000 between June and August to 1.39 million - the lowest on record, according to official figures.
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The number of workers seeking  first-time jobless aid fell by 10,000 last week, a government  report on Thursday showed, signaling a relatively healthy job  market.
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U.S. employers added a  fewer-than-expected 121,000 workers to their payrolls last  month, but the jobless rate stayed at a five-year low and  hourly earnings rose, a government report showed on Friday.
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The unemployment rate remained unchanged at 5.4 percent. The figures are expected to sharpen a presidential debate on domestic policy set for tonight.
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In an encouraging sign for the labor market, first-time claims for unemployment benefits dropped last week. The Labor Department reports that new applications filed for jobless benefits fell by a seasonally adjusted 5,000 to 326,000.
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Employers added a scant 18,000 jobs in December and the national unemployment rate kicked up to five percent, its highest in more than two years, according to a government report on Friday that underlined the economy's rapidly slowing momentum.
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The unemployment rate stood at 5.4 percent in the three months to July, unchanged from the three months to June, official data showed Wednesday.
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Five years into a national economic recovery, the share of Americans living in poverty finally dropped.
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Unemployment jumped to its highest rate in two years and new hiring slowed to a trickle in December as a cooling economy and a continued downturn in the housing sector registered soundly in the country's labor force.
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Employers added a  smaller-than-expected 121,000 new workers to their payrolls  last month, but the jobless rate stayed at a five-year low of  4.6 percent and average hourly earnings rose, the Labor  Department said on Friday.
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Britain&#39;s unemployment rate fell 0.1 percentage point to 4.7 percent in the latest quarter, according to official data released Wednesday.
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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 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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The unemployment rate last month dipped to 4.6 percent even though the number of new jobs was disappointing, a sign the economy is slowing but in no danger of stalling as Election Day nears.
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Employers stepped up hiring in August, expanding payrolls by 144,000 and lowering the unemployment rate marginally to 5.4 percent. While the figures didn't amount to a national job fair, analysts said, they did hold out the promise of stronger growth following the summer lull.
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The number of people filing an initial claim for US jobless aid fell by a larger-than-expected 25,000 in the holiday-shortened week ended Oct. 16, the government said on Thursday.