U.S. starts year with job surge, but pay gains are weak, By Patricia Cohen, February 3, 2017, New York Times: “Job growth was quick out of the gate in the new year, the government reported on Friday, as employers added a healthy 227,000 workers to their payrolls in January. But despite a surge of local minimum-wage increases in states across the country, wage growth was meager. The official jobless rate rose slightly, to 4.8 percent, but for good cause: More people were lured back into the work force…”
Tag: Jobs
December 2016 US Unemployment Rate
U.S. economy creates a modest 156,000 jobs in December, By Don Lee, January 6, 2017, Los Angeles Times: “Job growth slowed at the end of last year while the unemployment rate ticked higher — signs that the tight labor market is resulting in diminished hiring even as it is pushing wages higher. The U.S. economy added 156,000 net new jobs last month, down from an upwardly revised 204,000 created in November, the Labor Department said Friday…”
November 2016 US Unemployment Rate
U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent, By Ana Swanson, December 2, 2016, Washington Post: “The U.S. economy added 178,000 jobs in November, while the unemployment rate fell to 4.6 percent, a level not seen since August 2007, according to government data released Friday morning. The first employment report since voters went to the polls last month shows an economy in strong shape as President-elect Donald Trump prepares to take office…”