Jobs Report Chart

According to the Labor Department, 80,000 U.S. jobs were created in June as employment data continues to falter. The jobs data for May was revised up from 69,000 to 77,000, though the report for April was revised down to 68,000. As shown in this chart, jobs growth was strong in early 2012 but has been soft over the last several months.

The Labor Department also reported that the unemployment rate remained unchanged from last month at 8.2%.

Read More

Claims for Unemployment Benefits Decline

According to the U.S. Labor Department, there have been fewer claims filed for unemployment benefits lately. This drops the level down to the lowest it has been in four years.  New applications for jobless benefits have declined, meaning there has been some great employment gains throughout the country.

The government will be releasing February's employment report on March 9th. While the country still has a long way to go for economic recovery, this report is expected to have favorable data that shows job growth accelerating.

Read More

Monthly Employment Report from the U.S. Labor Dept.

The U.S. Labor Department reported on Friday that the economy's payroll increased in December 2011. This monthly employment report showed that 200,000 jobs were created, well above the 150,000 that was expected. However, a portion of that number is most likely being attributed to seasonal hiring for the holiday shopping season. 

The Unemployment Rate fell from 8.7% in November to 8.5% in December. The rate has been falling for 4 straight months and is currently at its lowest level since February 2009. Even though the rate has been dropping, this economy still leaves 24.4 million Americans either unemployed or underemployed.  

For more information, take a look at MSNBC's article.

Read More