Tag Archives: Jobs

Hiring Hits Breakout Pace in April as Total Employment Flirts with Pre-Recession Peak

May 6, 2014 Job creation accelerated in April, with private-sector industries and government agencies combining to lift payroll gains to their highest monthly level in more than two years. The aggressive pace of hiring signals that economic expansion could accelerate despite the weak initial first quarter GDP reading. The improvement in the labor market also […]

Economy Shows Surprising Vigor Despite Federal Government Impasse

November 8, 2013 Employers shrugged off the federal government shutdown last month to hire workers at a rate exceeding even the most optimistic expectations. Despite facing constant and varied headwinds throughout the year, the economic and employment recovery appear quite broad and self-sustaining, setting the stage for potentially greater economic growth in the fourth quarter. […]

November Hiring Outpaces Expectations; Uncertainty Remains High as “Fiscal Cliff” Looms

December 10, 2012 The U.S. economy continues to exhibit resilience despite numerous headwinds that have threatened to derail the economic recovery. Although the “fiscal cliff,” the largest threat to the economy, still looms, and lawmakers in Washington, D.C., have shown little progress in reaching a deal to avert the tax increases and spending cuts that […]

Drop in Unemployment an Upside Surprise; Jobs Recovery Positive but Sluggish

October 5, 2012 The U.S. economy continues to slowly improve as the unemployment rate fell below 8 percent for the first time in four years, though employers await signs that the global economic recovery has taken root before hiring at a faster pace. Recent developments helped stabilize the financial situation in the eurozone, which should […]