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Friday, May 03, 2013

The Two-Way

Employment Numbers Tell Us A Lot (But Not That Much)

May 3, 2013 The jobs report for April showed stronger job creation and a four-year low in the unemployment rate, sending stocks soaring. But the monthly numbers, while encouraging, are bound to be revised. That suggests that perhaps we're paying too much attention to them.

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The Two-Way

165,000 Jobs Added In April, Jobless Rate Fell To 7.5 Percent

Waiting for work: Job seekers lined up last month at the 25th Annual CUNY big Apple Job and Internship Fair in Manhattan.

May 3, 2013 The eagerly anticipated news was better than expected. And the Bureau of Labor Statistics revised upward its estimates of job growth in February and March.

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The Two-Way

Plodding Along Or Picking Up Speed? News On Job Growth Due

Looking for work: The scene at a job fair in New York City earlier this year. Figures on job growth and unemployment in April are due Friday morning.

May 3, 2013 April job growth and unemployment figures are coming Friday morning. Economists expect to hear that employers added about 150,000 jobs to their payrolls and that the jobless rate stayed at 7.6 percent. But they worry about another negative surprise.

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Friday, April 05, 2013

The Two-Way

Job Growth Slows Sharply, But Unemployment Rate Dips

Li-Wen Hung (left) and Whitney Chen were waiting  to meet potential employers at a Manhattan job fair earlier this year.

April 5, 2013 Just 88,000 jobs were added to private and public payrolls in March. The jobless rate still edged down to 7.6 percent — but only because nearly half a million fewer people were in the labor force.

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The Two-Way

'Slow And Steady' Jobs Report Expected

Will we see more signs like this? A storefront in Miami Beach last summer.

April 5, 2013 As far as the economy goes, the labor market has been something of a tortoise — slowly moving along. Housing has been the hare — moving ahead quickly. We'll hear much more Friday morning when the March data on jobs and unemployment are released.

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Friday, March 08, 2013

The Two-Way

Pleasant Surprises: 236,000 Jobs Added; Jobless Rate Dips To 7.7 Percent

The scene at a job fair in Manhattan earlier this month.

March 8, 2013 February's jobs numbers were better than expected. The jobless rate is now the lowest it's been since President Obama took office. The rate's recent peak was 10 percent in October 2009.

Summary

Friday, January 04, 2013

The Two-Way

155,000 Jobs Added In December, Jobless Rate At 7.8 Percent

Looking for work: The scene at a "diversity job fair" in Manhattan last month.

January 4, 2013 Growth was in line with expectations and adds to the evidence that the nation continues to add jobs at a modest pace.

Summary

Friday, December 07, 2012

The Two-Way

Unemployment Rate Drops To 7.7 Percent, As Economy Adds 146,000 Jobs

December 7, 2012 The economy added 146,000 jobs, beating expectations. Hurricane Sandy had little effect on the numbers.

Summary

Friday, November 02, 2012

The Two-Way

Job Growth Beats Forecasts; Unemployment Rate Is 7.9 Percent

How many signs like this were there in October? We got a clue today.

November 2, 2012 There were about 50,000 more jobs added to payrolls than economists expected. Also: September's growth was revised upward. This is the last major economic report before Election Day and is sure to be a hot topic on the campaign trail.

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