February 3, 2012 As encouraging as the jobs report was for January 2012, it still is only the start of this general-election year. That means the jobless rate now will likely have less to do with what happens in the congressional and presidential races than where it stands in October.
February 3, 2012 Private employers added 257,000 jobs to their payrolls, the Bureau of Labor Statistics also says. A slight drop in employment at government agencies brought the overall gain in jobs down to 243,000.
January 6, 2012 The unemployment rate is near a three-year low and there were 1.9 million private-sector jobs added to payrolls last year, the Bureau of Labor Statistics says.
January 6, 2012 The most-anticipated story of the morning seems to be the December jobs and unemployment report from the Bureau of Labor Statistics, which is due for release at 8:30 a.m. ET.
December 2, 2011 News of a fairly dramatic month-to-month drop in the jobless rate in November, down to 8.6 percent from 9 percent the month before, is guaranteed to trigger a feverish round of speculation as to what it means for the 2012 general election. At first blush, it seems like good news for those Americans getting work and for those hoping to keep their jobs, first and foremost President Obama.
December 2, 2011 The highly anticipated news brought a surprise: The unemployment rate had been expected to stay at 9 percent. But it fell in part because of an increase in the number of "discouraged" workers. They've given up looking for jobs.
November 4, 2011 The general consensus among economists is that there were about 95,000 jobs added to payrolls in October and that the unemployment rate stayed at 9.1 percent. While "frustratingly slow," that could be another sign the economy is on the mend.
November 3, 2011 At 397,000, claims were down 9,000 from the previous week. That signals some improvement in the labor market. We'll get more data Friday when the government reports on the October unemployment rate.
September 2, 2011 The news comes as President Obama and his Republican rivals prepare their plans for boosting employment.
September 2, 2011 The August employment report, due for release at 8:30 a.m. ET, is expected to show that the jobless rate stayed at 9.1 percent and that fewer jobs were added to payrolls than in July.
August 5, 2011 In the next five years, more than 1 million military personnel will try to make the transition to the U.S. job market. And they might face a rocky path: The unemployment rate for post-Sept. 11 veterans is 13.3 percent — about 4 points higher than the national average.
July 8, 2011 Economists had expected better news. Private payrolls grew by just 57,000. Cuts at government agencies pulled the overall figure down even more. Previous months' job growth figures were revised down.
June 3, 2011 For Obama, there just may not be enough time for the economy to turn around appreciably enough to help his re-election prospects. Election cycles just don't align with economic cycles.