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163K Jobs Generated in July: Sign of Economy’s Resilience

The U.S. economy generated jobs last month at the fastest pace since February, a sign it is resilient enough to pull out of a midyear slump and grow modestly even as the rest of the world slows down. The 163,000 jobs employers added in July ended three months of weak hiring. But the surprising gains [...]

unemployment

Jobs Added, But Not Enough to Drive Down Unemployment Rate

The U.S. economy generated jobs last month at the fastest pace since February, a sign it is resilient enough to pull out of a midyear slump and grow modestly even as the rest of the world slows down. The 163,000 jobs employers added in July ended three months of weak hiring. But the surprising gains [...]

ObamajobsreportWH

Jobs Report Encouraging to President, But Unemployment Still Rises

The July jobs report released today provided encouraging news for President Obama, with the economy adding more jobs than many analysts expected, but it also gave some fodder to Republican Mitt Romney as the unemployment rate ticked upward from 8.2 percent last month to 8.3 percent now. As expected, both campaigns pounced on the news, [...]