August jobs report: US hiring slows to just 235,000 new jobs after 2 strong months
125 Articles
125 Articles
U.S. Economy Added Just 235,000 Jobs in August, Way Short of Economists' Projections - The Ohio Star
by Thomas Catenacci The U.S. economy added 235,000 jobs in August and the unemployment rate fell to 5.2%, according to Department of Labor data released Friday.The number of unemployed people decreased to 8.4 million, according to the Bureau of Labor Statistics report. Economists projected 720,000 Americans — roughly three times the actual number — would be added to payrolls prior to Friday’s report, The Wall Street Journal reported.“Despite the…
Thousands looking for work as federal jobless benefits end
LAS VEGAS (KLAS) - America’s employers added just 235,000 jobs in August, a modest gain after two months of robust hiring at a time when the delta variant’s spread has discouraged some people from flying, shopping, and eating out. Next week, more than 100,000 claimants will get their last unemployment payments as federal benefits - an additional $300 per month - are set to end this weekend.Elisa Cafferata, the director of Nevada's Department of …
Unemployment rate declined in August — slightly
The national unemployment rate dipped by 0.2% to 5.2% in August, as the number of unemployed people edged down to 8.4 million, according to the Bureau of Labor Statistics.Saturday’s end to the additional $300 a week Federal Pandemic Unemployment Compensation provided on top of regular unemployment benefits could prove an incentive to look for jobs.“Obviously, it will push some people to return to work,” said Kevin Lang, a Boston University econo…
U.S. economy falters, adds only 235,000 jobs in August
By Thomas Catenacci Daily Caller News FoundationThe U.S. economy added 235,000 jobs in August and the unemployment rate fell to 5.2%, according to Department of Labor data released Friday.The number of unemployed people decreased to 8.4 million, according to the Bureau of Labor Statistics report. Economists projected 720,000 Americans — roughly three times the actual number — would be added to payrolls prior to Friday’s report, The Wall Street J…
Delta variant kept jobs gains slim in August
WASHINGTON (NEXSTAR) — President Joe Biden and economists say the delta variant is responsible for slim gains in the jobs market, with the August report falling far short of projections.About 235,000 jobs were added to the economy last month, according to the U.S. Bureau of Labor Statistics. Economists had projected 735,000."We have a lot more work to do," Biden said Friday.That, he said, starts with slowing the spread of the coronavirus delta v…
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