WASHINGTON — U.S. employers slowed their hiring in July, adding 157,000 jobs, a solid gain but below the healthy pace in the first half of this year. The unemployment rate ticked down to 3.9 percent from 4 percent, the Labor Department said Friday. That's near an 18-year low of 3.8...
Fresno Unemployment Rate Rises, But Better Than a Year Ago
Fresno County continues to enjoy the fruits of the strong U.S. economy under President Donald Trump, according to the latest figures released by the state of California. However, Fresno County's unemployment rate, at 7.6% for June, remains well above the national (4.2%) and state rates (4.5%). Clovis continues to have the strongest...
More Americans Quit Their Jobs. Why That's a Good Thing.
WASHINGTON — The proportion of American workers that quit their jobs in May reached the highest level in 17 years, a sign that more people are confident they can find a new job, likely at higher pay. Businesses also advertised fewer jobs in May than the previous month, but the...
US Adds 213,000 Jobs But Unemployment Rate Inches Up
WASHINGTON — U.S. employers kept up a brisk hiring pace in June by adding 213,000 jobs, a sign of confidence in the economy despite the start of a potentially punishing trade war with China. The job growth wasn't enough to keep the unemployment rate from rising from 3.8 percent to...
Is It Too Early To Worry About a Recession? Maybe Not.
The U.S. unemployment rate is 3.9%, lowest since 2000. Corporate investment is showing muscle, consumer spending is surging and the economy is growing at a healthy clip. The last thing anyone should worry about is a recession, right? Gloomy Signal From Bond Market Not to rain on anyone's parade, but...
What You Really Need To Know About Latest Jobs Report
The latest jobs report has gotten a lot of analysts, policymakers and talking heads once again asking whether the U.S. is at full employment. The Bureau of Labor Statistics reported on May 4 that the U.S. unemployment rate fell to 3.9 percent, which is the lowest level since December 2000....
14 States Have Seen Record-Low Unemployment
Eight states, including California, hit record lows for unemployment in March. That brings the number of states setting marks for low unemployment rates to 14 in the past year, according to the Bureau of Labor Statistics. The BLS has compiled employment figures for individual states since 1976. "The states hitting new unemployment...