October Hiring at a Seven-Month Peak
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U.S. jobs were created at the  heartiest pace in seven months during October, the government   said on Friday, spurred by rebuilding in the hurricane-battered  Southeast and brisk hiring in service industries.
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Shoppers, the driving force of the US economy, splashed out with unexpected vigor in October as the job market showed signs of a revival, a government report showed.
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Employers aggressively hired new workers in October, adding 337,000 people to payrolls after a sluggish summer, although the overall unemployment rate rose marginally, to 5.5 percent.
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US employers probably added 175,000 workers to payrolls in October, the most in five months, while the unemployment rate held at a three-year low of 5.4 percent, the median forecast in a Bloomberg News survey of economists shows.
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The US labor market escaped a quagmire in October, churning out a seven-month record of 337,000 jobs -- far more than predicted by Wall Street.
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In seven weeks' time, thanks to new rules rushed through by John Prescott to "harmonise" Britain with the rest of Europe, we face the prospect of a startling shortage of self-employed electricians.
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The pace of hiring for US companies in the fourth quarter is expected to be consistent with the solid employment activity of the past six months, and much improved from a year ago, according to Manpower Inc.
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The pace of hiring for U.S. companies in the fourth quarter is expected to be consistent with the solid employment activity of the past six months, and much improved from a year ago, according to Manpower Inc. .
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Back at the start of the year the stock market's big players had the October employment report circled in red.
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The US Labor Department said Thursday first-time applications for unemployment benefits climbed to a seven-month high last week. Labor said initial jobless claims rose 18,000
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Employers went on a hiring spree in October, adding 337,000 new jobs, many of them for hurricane cleanup. The surge was the largest in seven months, a sign the jobs recovery may have taken hold.
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Gearing up for the holidays, employers boosted hiring in November, and hundreds of thousands of jobseekers streamed into the market, nudging the unemployment rate up to 4.5 percent.
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Employers added twice as many new jobs to their ranks than expected in October, an encouraging sign that the nation's employment climate is not cracking under the stress of a deepening housing slump.
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New U.S. jobs soared at the sharpest rate in seven months in October, the government reported on Friday, helped by a surge in construction activity as hurricane-battered areas in the Southeast were rebuilt.
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Job-cutting continued across the country at a breakneck pace in October, according to the monthly survey by Challenger, Gray &amp; Christmas Inc.
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US employers pulled back on hiring as they entered the holiday shopping season, adding just 112,000 new jobs overall in November. It was the weakest gain in five months and about half of what economists had forecast.
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The number of U.S. workers filing for first-time jobless benefits rose 7,000 last week, pushing the four-week moving average of new claims to its highest level in more than a year, a government report showed on Thursday.