August Jobs Report: Unemployment Falls to 8.1...American employers added just 96,000 jobs in August, the Labor Department reported Friday. The unemployment rate fell to 8.1 percent as the economy slogged along for the 43rd month in a row with joblessness above 8 percent.
Graph: Unemployment rateNew jobs numbers released on Friday came in lower than expected, dealing a blow to President Barack Obama's reelection campaign a day after the president closed out the Democratic National Convention in Charlotte, N.C.
Canadian economy adds 34300 jobs, but unemployment rate remains at 7.3 ...TORONTO - The Canadian economy added 34,300 new jobs in August, topping expectations of only modest gains and reversing the previous month's setback, Statistics Canada reported Friday.
Unemployment Rate for Young Adults at 12.7 Percent in AugustThe youth unemployment rate for 18-29 year old African-Americans for August 2012 is 22.4 percent (NSA); the youth unemployment rate for 18-29 year old Hispanics for August 2012 is 13.7 percent (NSA); and the youth unemployment rate for 18–29 year old ...
European Stocks Gain Before US Jobs, Unemployment DataEuropean (SXXP) stocks rose, extending yesterday's biggest rally in a month, as investors awaited a U.S. report on payrolls and unemployment. U.S. index futures and Asian shares climbed. Banks contributed the most to the benchmark Stoxx Europe 600 ...
US Unemployment Rate Drops Despite Disappointing Job Growth(RTTNews) - Employment in the U.S. rose by much less than expected in the month of August, according to a report released by the Labor Department on Friday, although the report also showed an unexpected drop by the unemployment rate. The report ...
Total unemployment rate drops to 14.7 percentToday's Employment Situation report showed that in August "total unemployment" including all marginally attached workers declined to 14.7% while the traditionally reported unemployment rate declined to 8.1%. Skip to next paragraph. SoldAtTheTop. Writer ...
Unemployment Rate of 24.4% Puts Greece at the EdgeAccording to Trading Economics, "Historically, from 1998 until 2012, [the] Greece Unemployment Rate averaged 11.57 percent.
7 Ways Our Presidential Candidates Plan to Tackle UnemploymentSo, how do our presidential candidates say they are planning to tackle unemployment if they win the election? Mitt Romney claims that, if elected, by the end of his first term he would lower the unemployment rate to 6 percent. Barack Obama outlined a ...
Why unemployment rate fell: Fewer people seek jobsWASHINGTON (AP) - U.S. employers added 96,000 jobs in August, a tepid figure that points to the economy's persistent weakness and slowing prospects for the unemployed. The unemployment rate fell to 8.1 percent from 8.3 percent in July. But that was ...
Unemployment down slighty, few jobs addedUnemployment down slighty, few jobs added. A look at the U.S. employment picture. A look at the U.S. employment picture. Source: Bureau of Labor Statistics.
Why unemployment rate fell: Fewer people seek jobsBy CHRISTOPHER S RUGABER, AP Economics Writer - 1 minute ago. WASHINGTON (AP) - U.S. employers added 96,000 jobs in August, a tepid figure that points to the economy's persistent weakness and slowing prospects for the unemployed.
Australian Unemployment Unexpectedly Falls, Lifting CurrencyThe unemployment rate fell to 5.1 percent from 5.2 percent in July, the statistics bureau said in Sydney today. The median estimate in a Bloomberg News survey of 23 economists was for a rise to 5.3 percent.
Unemployment numbers hobble Wall Street rallyParadoxically, the official unemployment rate actually dropped to 8.1% in August. But this is actually hocus-pocus. The real reason for the "drop" in unemployment was the fact that 581,000 workers simply quit looking for work last month and thus are ...
Cyclical unemployment and structural damage to economyCyclical unemployment and structural damage to economy. Last week, Federal Reserve Chairman Ben Bernanke suggested the Fed could be prepared to do more to stimulate growth.
Thousands of Greek police join anti-austerity protests as June unemployment ...The peaceful anti-government demonstration came amid deepening social gloom as official figures showed Greece's unemployment rate surged to 24.4 percent in June, including more than 1.2 million people out of work, many of them youths. It was the latest ...
96000 New Jobs in August and Unemployment FallsPretty bad new jobs report today says the economy added 96,000 new jobs in August and also featured downward revisions to the June and July payroll numbers.
National unemployment number released, Booker reacts to platform flapWhile it won't directly address New Jersey's employment conditions, it may have an impact on the presidential election. It comes less than a month after New Jersey's jobless rate rose to 9.8 percent in July - the state's highest unemployment rate in ...
Unemployment, Homelessness, and Debt: the Plight of the YoungThe future to them looks bleak; unemployment, debt and homelessness in various combinations, or all three beckon. Of course these three scourges (unemployment-debt-homelessness) are linked. Youth unemployment (16-24 years old) is now 20.7 % in the ...
Just 96000 Jobs Added To Payrolls; Unemployment Rate Dips To 8.1 PercentMeanwhile, the nation's unemployment rate edged down to 8.1 percent from 8.3 percent the month before. Often, the jobless rate dips even when employment growth is weak because the size of the labor force shrank as many Americans gave up looking for ...