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US unemployment rate News

05 Jun 2020

US adds 2.5 million jobs in May, unemployment rate dips to 13.3% in May

In a positive development, the unemployment rate in the United States fell to 13.3% in May from 14.7%, and 2.5 million jobs were added in the month.

Federal Reserve

13 Jun 2017

Inflation fizzle may once again leave Fed rate path in doubt

The Federal Reserve will probably express its confidence inflation will climb towards its 2 percent target when it meets this week and delivers a widely expected rate rise, but such assurances are a poor indicator of the Fed`s future policy.

16 Mar 2017

'India strong enough to absorb US Fed rate hike'

The Indian economy is strong enough to absorb the impact of the US Federal Reserve's interest rate hike, the government said on Thursday.

02 Dec 2016

US unemployment lowest in 9 years as job creation continues

The US unemployment rate in November fell to its lowest level since August 2007 as the economy continued to add new jobs, all but guaranteeing an interest rate hike this month.

10 May 2016

US job openings hit eight-month high, skills mismatch emerging

US job openings increased in March to the highest level in eight months and layoffs continued to decline, indicating the labor market remains fairly robust despite April`s slowdown in employment gains.

American businesses

06 May 2016

US added 160,000 jobs in April; jobless rate 5%

This is the weakest gain since September, which The Wall Street Journal said is a sign that employers may be turning cautious after the economy slowed early in the year.

07 Apr 2016

US jobless claims fall despite anemic economic growth

The number of Americans filing for unemployment benefits fell more than expected last week, suggesting the labor market continued to strengthen despite tepid economic growth.

05 Feb 2016

US job growth slows, unemployment rate at 8-year low

Nonfarm payrolls increased by 151,000 jobs last month and the unemployment rate slipped to 4.9 percent, the lowest since February 2008, the Labor Department said on Friday.

04 Sep 2015

Wall Street falls as jobs report fuels rate hike anxiety

U.S. stocks were down in afternoon trading on Friday as a mixed August jobs report did little to quell investor uncertainty over whether the Federal Reserve will increase rates by mid-September.

23 Jul 2015

US jobless claims drop to 41-1/2-year

The number of Americans filing new applications for unemployment benefits last week fell to its lowest level in more than 41-1/2 years, suggesting the labor market maintained a solid pace of job growth in July.

14 May 2015

US jobless claims near 15-year low; producer prices fall

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, indicating the jobs market was on solid footing even as the economy struggles to regain momentum after abruptly slowing in the first quarter.

09 May 2015

US job growth rebounds, keeps 2015 Fed rate hike in play

US job growth rebounded last month and the unemployment rate dropped to a near seven-year low of 5.4 percent, signs of a pick-up in economic momentum that could keep the Federal Reserve on track to hike interest rates this year.

16 Apr 2015

US jobless claims hit 6-week high

New claims for US unemployment insurance benefits rose more than expected last week to their highest level in six weeks, the Labor Department reported Thursday.

03 Apr 2015

US job growth brakes sharply, clouds Fed rate hike timing

Nonfarm payrolls rose 126,000 last month, less than half February`s pace and the smallest gain since December 2013, the Labor Department said on Friday.

03 Apr 2015

US job growth weakest since 2013; unemployment rate steady

Nonfarm payrolls increased 126,000 last month, the smallest gain since December 2013, the Labor Department said on Friday.

05 Mar 2015

US jobless claims rise; Q4 productivity revised down

The number of Americans filing new claims for unemployment benefits last week rose to its highest level since May, which could raise concerns about some weakness in the labor market.

US Federal Reserve

27 Jan 2015

Fed opens policy meeting with rate hike looming

The Federal Reserve opened its first monetary policy meeting of the year Tuesday to take the pulse of the US economy and mull the first interest rate hike since 2006.

US unemployment rate

09 Jan 2015

2014 the best year of job growth in US since 1999

The US unemployment rate has dropped to 5.6 percent with the addition of over 2.5 lakh new jobs last month, making 2014 the best year of job growth since 1999.

US jobless claims

31 Dec 2014

US jobless claims rise, but labor market still strengthening

The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the trend remained consistent with sustained strength in the labor market.

11 Dec 2014

US retail sales, jobless claims data improves

US retail sales and jobless claims data showed a strengthening economy Thursday, but prices for exports and imports both fell, signalling little added inflationary pressure in the past month.

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