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US job growth

US job growth picks up in May; unemployment rate falls to 5.8pc
World

US job growth picks up in May; unemployment rate falls to 5.8pc

  • Nonfarm payrolls increased by 559,000 jobs last month, the Labor Department said in its closely watched employment report on Friday.
  • A worker shortage blamed on childcare complications, generous unemployment checks and lingering fears over COVID-19 sharply restrained hiring. There are a record 8.1 million job openings.
Published 04 Jun, 2021 07:40pm
US job growth accelerates in March; unemployment rate falls to 6.0pc
World

US job growth accelerates in March; unemployment rate falls to 6.0pc

  • Nonfarm payrolls surged by 916,000 jobs last month, the Labor Department said on Friday. That was be the biggest gain since last August. Data for February was revised higher to show 468,000 jobs created instead of the previously reported 379,000.
  • Nearly 1.7 million jobs were lost that month, and another 20.7 million would vanish in April.
Published 02 Apr, 2021 06:03pm
US job growth rebound less than expected; more government aid needed
World

US job growth rebound less than expected; more government aid needed

  • The Labor Department said on Friday nonfarm payrolls increased by 49,000 jobs last month. Data for December was revised to show 227,000 jobs lost instead of 140,000 as previously reported.
  • The unemployment rate was at 6.3% in January. The jobless rate has been understated by people misclassifying themselves as being "employed but absent from work."
Published 05 Feb, 2021 07:55pm