U.S. Bureau of Labor Statistics

6:38am

Fri December 7, 2012
The Two-Way

Unemployment Rate Drops To 7.7 percent, As Economy Adds 146,000 Jobs

Originally published on Fri December 7, 2012 9:44 am

The unemployment rate dropped to 7.7 percent in November, the Bureau of Labor Statistics says. That's a four-year low.

The economy added 146,000 jobs, beating expectations. Surprisingly the BLS said that Hurricane Sandy "did not substantively impact the national employment and unemployment estimates for November."

The BLS adds that employment increased "in retail trade, professional and business services, and health care."

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6:52am

Thu December 6, 2012
The Two-Way

Jobless Claims Fell Last Week; But Job Growth Was Likely Weak Last Month

Originally published on Thu December 6, 2012 11:55 am

Looking for work: There was a long line last month as job seekers waited to get into an employment fair at Kennedy-King College in Chicago.
Scott Olson Getty Images

There were 370,000 first-time claims for unemployment insurance last week, down 25,000 from the week before, the Employment and Training Administration says.

The drop is another sign that after several weeks of spikes because many people were thrown out of work due to damage related to late October's Superstorm Sandy, claims have now settled back into the range where they've been for most of the past year.

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6:56am

Wed December 5, 2012
The Two-Way

118,000 Jobs Added To Payrolls Last Month, Report Signals

A "closed" sign at a coffee shop in New York City, where many businesses had to shut down for at least a few days before, during and after Superstorm Sandy.
Carlo Allegri Reuters /Landov

6:39am

Thu November 15, 2012
The Two-Way

Superstorm Sandy Sends Jobless Claims Up Sharply

Originally published on Thu November 15, 2012 6:56 am

The line was long last week at a job fair in Chicago.
Scott Olson Getty Images

There were 439,000 first-time claims for unemployment insurance last week, up by 78,000 from the week before, the Employment and Training Administration says. Behind the big increase: Superstorm Sandy, which threw some people in the Mid-Atlantic onto the unemployment rolls and shut down state unemployment offices the week before — meaning that some claims were postponed into last week.

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5:04am

Fri November 2, 2012
The Two-Way

Job Growth Beats Forecasts; Unemployment Rate Is 7.9 Percent

Originally published on Fri November 2, 2012 9:37 am

How many signs like this were there in October? We got a clue today.
Justin Sullivan Getty Images

The nation's unemployment rate edged up to 7.9 percent in October from 7.8 percent in September, the Bureau of Labor Statistics says.

But private and public employers added 171,000 jobs to their payrolls — nearly 50,000 more than economists had expected.

So the news is somewhat mixed: While the jobless rate remained stuck near 8 percent, job growth was better than forecast.

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