• U.S. unemployment rate falls in December but rises for Black women

    9 days ago - By CNBC

    The unemployment rate fell in December for all U.S. workers except Black women.
    Read more ...

     

  • US unemployment sinks to 3.9% as many more people find jobs

    US unemployment sinks to 3.9% as many more people find jobs

    9 days ago - By Stl Today

    WASHINGTON - The nation's unemployment rate fell in December to a healthy 3.9% - a pandemic low - even as employers added a modest 199,000 jobs, evidence that they are struggling to fill jobs with many Americans still reluctant...
    Read more ...

     

  • US stocks slip after the December jobs report badly misses expectations

    9 days ago - By Business Insider

    Xinhua News Agency/Getty Images
    US stocks extended their losses Friday after the December jobs report missed expectations.
    The US added 199,000 nonfarm payrolls last month, far lower than the 450,000 median forecast estimated by Bloomberg.
    The 10-year Treasury note yield rose to 1.751% from Wednesday's 1.732% rate.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell
    US stocks extended their losses Friday after the December jobs report missed expectations to become the worst month of job creation in the past 12 months. All indexes lost ground on the last trading day of...
    Read more ...

     

  • December Jobs Report: U.S. Added Only 199,000 Jobs

    9 days ago - By NY Times

    The unemployment rate fell to 3.9 percent, which, paired with strong wage growth, suggests that a dearth of available workers may in part be holding back hiring.
    Read more ...

     

  • US jobless rate sinks to 3.9% as many more people find jobs

    US jobless rate sinks to 3.9% as many more people find jobs

    9 days ago - By Stl Today

    WASHINGTON - U.S. employers added a modest 199,000 jobs last month while the unemployment rate fell sharply, at a time when businesses are struggling to fill jobs with many Americans remaining reluctant to return to the workforce.
    Read more ...

     

  • December Employment Report: 199 thousand Jobs, 3.9% Unemployment Rate

    9 days ago - By Calculated Risk

    From the BLS :
    Total nonfarm payroll employment rose by 199,000 in December, and the unemployment rate declined to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in leisure and hospitality, in professional and business services, in manufacturing, in construction, and in transportation and warehousing.
    ...
    The change in total nonfarm payroll employment for October was revised up by 102,000, from +546,000 to +648,000, and the change for November was revised up by 39,000, from +210,000 to +249,000. With these revisions, employment in October...
    Read more ...

     

  • U.S. Posts Disappointing 199,000 New Jobs Last Month-Omicron Surge Could Make It Worse

    9 days ago - By Forbes

    Despite the worse-than-expected job growth, the unemployment rate hit a new pandemic low, clocking in at 3.9%.
    Read more ...

     

  • December jobs report is the worst of 2021 as US creates just 199,000 new payrolls during Omicron chaos

    9 days ago - By Business Insider

    People fill out job applications at the U.S. post office in Garden Grove, CA on Tuesday, January 4, 2022. Paul Bersebach/MediaNews Group/Orange County Register/Getty Images
    The US added 199,000 payrolls in December, missing the average forecast of 450,000 new jobs.
    The unemployment rate slid to 3.9% from 4.2%, beating economist estimates.
    The report suggests the Omicron wave is having a significant effect on the US hiring recovery.
    Hiring faltered again in December as the Omicron variant fueled yet another wave of coronavirus cases and economic restrictions. The US added 199,000 nonfarm...
    Read more ...

     

  • Hiring falters in December as payrolls rise only 199,000, though the unemployment fell to 3.9%

    9 days ago - By CNBC

    Nonfarm payrolls were expected to increase by 422,000 in December, according to economists surveyed by Dow Jones.
    Read more ...