Labour economics
Unemployment Numbers Rise as Hiring Slows
Employers added only 39,000 jobs last month ? a big decline from October’s 172,000. Private companies created the fewest number since January. The anemic month for the labor sector pushes the national unemployment rate from 9.6 to 9.8 percent. That’s 19 months of a rate over 9 percent, the longest stretch on record. What do […]
Top of the Hour: New Jobs Numbers, Morning Headlines
Despite across-the-board indications that the U.S. economy would be seeing enormous job growth this month, employers added just 18,000 jobs. Dan Gross, columnist and economics editor of Yahoo! Finance, discusses the stalled labor market in the face of the lowest job growth in nearly a year.