U.S. Bureau of Labor Statistics

Job Growth Was Slow And Steady In May, But Jobless Rate Rose

Mark Memmott — Fri, 07 Jun 2013 12:14:00 +0000

There was modest job growth once again in May even as the nation's unemployment rate ticked up, the Bureau of Labor Statistics reported Friday.

According to BLS:

-- 175,000 jobs were added to public and private payrolls last month, slightly more than economists had expected.

-- The jobless rate rose to 7.6 percent from April's 7.5 percent. That rate can rise even as more jobs are added because the size of the labor force has also gone up.

We'll have more from the report, which was released at 8:30 a.m.

Ahead Of Key Report, 2 Modestly Positive Signs On Jobs

Mark Memmott — Thu, 06 Jun 2013 13:04:00 +0000

The number of first-time claims for jobless benefits fell by 11,000 last week from the week before, the Employment and Training Administration reports. There were 346,000 such applications.

While on the positive side, the figure is still in line with the recent trend.

Job Growth Stayed Slow In May, Report Signals

Mark Memmott — Wed, 05 Jun 2013 13:26:00 +0000

There were 135,000 jobs added to private employers' payrolls in May, according to the latest ADP National Employment Report, which was released Wednesday morning.

That's slightly better than in April, when the payroll processing firm says its data show that there were 113,000 more jobs on private payrolls.

Conflicting Signals From Latest Economic Indicators

Mark Memmott — Thu, 16 May 2013 12:57:00 +0000

Thursday morning's economic news:

-- There were 360,000 first-time claims for unemployment insurance last week, up 32,000 from the week before, the Employment and Training Administration says. At 360,000, the pace was the fastest since the last week of March.

165,000 Jobs Added In April, Jobless Rate Fell To 7.5 Percent

Mark Memmott — Fri, 03 May 2013 13:00:00 +0000

(Most recent update: 10 a.m. ET.)

The nation's jobless rate edged down to 7.5 percent in April from 7.6 percent in March and employers added 165,000 jobs to their payrolls last month, the Bureau of Labor Statistics reported Friday morning.

The news was better than economists were expecting.