July marked the sixth straight month of job growth above 200,000, evidence that businesses are shedding the caution that had marked the 5-year-old economic recovery.
The economic recovery is entering its sixth year, but a number of factors help explain why many Americans don't feel better off.
U.S. gross domestic product fell at a 2.9-percent annualized rate in the first quarter, the worst reading since the same three months in 2009, after a previously reported 1-percent drop, the Commerce Department said Wednesday.
Emphasis on efficiency, technology is softening job demand.
The Federal Reserve will further slow the pace of its bond purchases because a strengthening U.S. job market needs less support.
Five years after the Great Recession officially ended, raises remain sharply uneven across industries and, as a whole, have barely kept up with prices.
U.S. employers added a robust 288,000 jobs in April, the most in two years. The unemployment rate sank to 6.3 percent, its lowest level since September 2008. But the drop occurred because the number of people working or seeking work fell sharply.
The number of Americans applying for unemployment benefits rose last week to the highest level since February, a dose of mixed news for an economy that appears to be gaining momentum.
The economy’s growth slowed to a barely discernible 0.1-percent annual rate in the January-March quarter, the Commerce Department said Wednesday. That was the weakest pace since the end of 2012.
Despite the increase, the number remains close to pre-recession levels and points to stable hiring.
That average indicates that companies are cutting few jobs, but employment growth has been lackluster in recent months.
The Labor Department says employers added 113,000 jobs last month, less than the average monthly gain of 194,000 in 2013. This follows December's tepid increase of just 75,000.
Investors are looking for evidence of healthy U.S. job growth, but anyone looking to Friday’s monthly employment report for a clear picture of the economy’s health might be disappointed.
U.S. employers added a scant 74,000 jobs in December, the fewest in three years. The disappointing gain ends 2013 on a weak note and could raise questions about the economy's recent strength.