US adds modest 559,000 jobs, a sign of more hiring struggles

U.S. employers added 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession. Last month’s job gain was above April’s revised total of 278,000, the Labor Department said Friday. The unemployment rate fell to […]

US employers add 916,000 jobs in March as hiring accelerates

America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen. The March increase — the most since August — was nearly double February’s gain of 468,000, […]

US loses 140,000 jobs, first monthly drop since spring

U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses. At the same time, the unemployment rate stayed at 6.7%, the first time it hasn’t fallen since April. Friday’s figures from the […]

US jobless claims fall below 1 million but remain high

The number of Americans applying for unemployment dropped below 1 million last week for the first time since the coronavirus outbreak took hold in the U.S. five months ago, but layoffs are still running extraordinarily high. The figures show that the crisis continues to throw people out of work just as the expiration of an […]

By the numbers: Trump reads economic boom into jobs data

President Donald Trump has always been a big numbers guy. He’s proved adept at taking even the grimmest numbers and giving himself a pat on the back or relying on a creative use of data to make himself look good. But his declaration that an unexpected dip in the unemployment rate marked probably “the greatest […]