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Today’s release of the U.S. Labor Department’s statistic for the month of February marked good news for stock holders as 236,000 new jobs were added to the U.S. economy. As it stands, the unemployment rate fell to 7.7 percent, its lowest figures in over four years.
The unemployment rate dropped to 7.7 percent, the lowest number since President Bush was in office in 2008. According to the report released by the Labor Department, Friday (Dec. 7), roughly 146,000 jobs were created in the month of November, in spite of Hurricane Sandy whose destruction halted economic activity.
The final job report before Election Day was released Friday (Nov. 2), and it’s much of the same. 171,000 new jobs were added for the month of October, a number which is not terrible, but shows only a small ripple in growth pool.
The Democratic National Convention has given President Obama a slight bump in the polls, but Mitt Romney doesn’t want voters to be sidetracked by the figures. According to a Gallup daily tracking poll –conducted between Sept. 4 to 6—the president’s approval rating has risen to 52 percent, the largest number for Obama reported by the […]
The job report for the month of August was released Friday (Sept. 7), and the numbers are not looking good. A dismal 96,000 jobs were created, falling short of the expecting 125,000, predicted by economists. The unemployment rate dropped to 8.1 percent from 8.3. in the previous month, but the figures were likely due to […]
The economy is not in a good place. A job report released Friday (July 6) revealed that only 84,000 jobs have been created in the last month, falling short of the expected 100,000. While the number is up from previous months, the lack of steady job creation is a damaging blow to the Obama administration. […]