The U.S. economy generated 248,000 jobs in September, the Labor Department said Friday. The unemployment rate dropped to 5.9 percent, its lowest level in six years.
White House Bows To Congressional Pressure, Assures It Doesn’t Want To Regulate Country’s Smallest Farms
Bowing to congressional pressure, the Obama administration is assuring Congress and farmers it doesn’t want to regulate the country’s smallest farms.
A private survey shows U.S. businesses added the most jobs in a year in December, powered by a big gain in construction jobs. The figures add to evidence that the economy gained momentum at the end of 2013.
The number of people seeking U.S. unemployment benefits rose 10,000 last week to a seasonally adjusted 379,000, the highest since March. The increase may reflect volatility around the Thanksgiving holidays.
The number of Americans applying for unemployment benefits fell 10,000 last week to a seasonally adjusted 340,000, a sign that employers are laying off very few workers.
Unemployment rates rose in more than half of U.S. states in July and fewer states added jobs, echoing national data that show the job market may have lost some momentum.
Nearly a dozen safety standards were violated at an Army weapons-testing pond near Baltimore where three people have died this year, the Labor Department said Thursday.
A record number of young adults are living with their parents.
More Americans are quitting their jobs, suggesting many are growing more confident in the job market.
Congressional Republicans and Democrats on Wednesday challenged Attorney General Eric Holder over the Justice Department’s handling of the investigation of national security leaks and its failure to talk to The Associated Press before issuing subpoenas for the news service’s telephone records.