Search result for The Labor Department
Expectations were dashed when 263,000 jobs were added in November, but October was revised sharply higher.
The Labor Department reported on Friday that a better-than-expected 263,000 jobs were added in November, indicating that the labor market is refusing to bend under the weight of higher interest rates and a weakening economy.
The figure was much above predictions of 200,000, while Octobe...
August saw a 315K job increase, and the unemployment rate increased to 3.7%.
The Labor Department reported on Friday that employers added 315,000 jobs in August, which was in line with predictions but a significant decrease from July.
This figure is compared to the revised 526,000 jobs that were added in July, which was more than double the anticipated amount. P...