The economy created just 142,000 jobs in August, the Labor Department reported this morning, the lowest total since January, when 129,000 jobs were created. The unemployment rate dropped by just a decimal point, to 6.1 percent.
job creation
Economy Adds 209,000 Jobs But Unemployment Rate Ticks Up to 6.2%
Mediocre: it’s the The best that can be said about the unemployment report for July as the economy added 209,000 jobs, about 20,000 jobs short of expectations, and the unemployment rate edged up to 6.2 percent, from 6.1 percent the previous month.
Flagler Unemployment Ticks Up For 2nd Straight Month, Masking Vast Improvements
Despite traditional unemployment figures, the jobs situation in Flagler County is vastly improved, and continues to improve, with a 38 percent drop in people without jobs since four years ago and a labor force stronger by 3,000.
288,000 New Jobs in June Add Up to 2.5 Million This Year, Most in Eight Years
Unlike in previous months, the bright jobs picture in June was the result of more people getting jobs and fewer people losing them–as opposed to more people dropping out of the labor force.
Flagler Unemployment Ticks Up to 8.6% as Labor Force Surges By 2% And Jobs Increase
Flagler’s unemployment rate in May ticked up slightly to 8.6 percent, from 8.3, but the increase was largely due to a large influx of workers into the labor force, which grew by 727 people over the month, or 2 percent, to 36,068. Flagler County residents with jobs increased by 550, a 1.7 percent improvement over the previous month, for a total of 32,952 people with jobs.
Flagler Economic Development Department’s Job Fair Draws 400 Applicants and 36 Employers
Job seekers filled the parking lot and stood in a line that spilled out into the hallway of the Flagler County Emergency Operations Center Thursday as company representatives were busy at tables speaking with potential employees and accepting resumes.
Job Creation Exceeds 200,000 For 4th Straight Month Despite Slowdown in Economic Growth
Despite a first-quarter decline of 1 percent in economic growth, the economy added 217,000 jobs in May for a total of 1.05 million jobs so far this year, a robust, sustained growth not seen since the end of the Great Recession.
Unemployment Falls Sharply to 6.3% as Economy Adds Nearly 300,000 Jobs, But Labor Pool Shrinks
People are reentering the workforce, they’re applying for work, they’re finding jobs, with an economy in April adding more net jobs for the 50th consecutive month–ironically, one of the longest peace-time recoveries on record, following the Great Recession of 2007-08. But a huge number of people are also leaving the workforce. That has resulted in an unemployment report for April that looks very bright at first, but that dims somewhat when analyzed more closely.
Flagler Unemployment Creeps Up Again, to 9.4%, But Labor Force and Net Jobs Grow
Flagler County’s unemployment rate again rose in February, to 9.4 percent, a decimal-point increase over the previous month and some 80 more people went on unemployment. But The county’s overall employment went up sharply, by 364 (for a total of 31,976), and the county’s labor force went up even more, by 442–both signs of growing strength in the local economy as more workers seem encouraged to join the labor force, and more workers are actually finding jobs.
Economy Adds 175,000, Reversing
Early Winter Plunge; Unemployment at 6.7%
Despite successive cold spells and snow storms in the east, the national economy added 175,000 jobs in February, reversing a two-month trend that saw job creation fall. The unemployment rate, however, ticked up a decimal point, to 6.7 percent.