That was reinforced by a third report on Wednesday from the Commerce Department showing the trade gap fell 15 percent to $40.8 billion in September, the smallest deficit since February.
Lucia Imparato meets with a job recruiter at a jobs fair at the Bronx Public Library on Sept. January’s jobs report showed another miss and barely any revision to December’s alarmingly weak payrolls, raising questions about the U.S.
It’s a mixed bag across sectors: Manufacturing payrolls expanded by 21,000 in January and leisure and hospitality jobs grew by 24,000. In the past week, we’ve gotten a weak manufacturing report, some disappointing housing indicators and now this weak jobs report. Moreover, although the unemployment rate moved even closer to the 6.5 percent threshold the Fed has discussed as an indicator for when it will begin considering raising short-term interest rates, policy makers have also emphasized the jobless rate is one of many economic measures they study in plotting their next moves.
The employment report provided the latest sign that a strengthening jobs market is starting to spur faster wage growth, a key factor that will help determine when the U.S. Job seekers adjust their paperwork as they wait in line to attend a job fair in New York February 28, 2013. Job seekers wait to meet potential employers at a career fair at Rutgers University in New Brunswick, New Jersey, January 6, 2011.
Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
The January jobs report is the first to show any effect on the labor market from more than 1 million Americans losing extended federal unemployment benefits at the end of December.
But economists think it seems unlikely that January’s jobs report could knock the central bank off course. The dollar has gained 16.8 percent against the currencies of the United States' main trading partners since June 2014, undercutting export growth. Average hourly earnings slipped by one cent in September and have risen only 2 percent for the year, the Labor Department said Friday. The December job growth was revised up only slightly, to 75,000 from an initially reported 74,000.
The U-6 accounts for people working part time who want full-time jobs and people who are marginally attached to the labor force.

Economists surveyed by FactSet had forecast that the government's report would show 215,000 jobs were added last month. Meanwhile, the economic chill early in the year means overall growth for 2014 is unlikely to climb much above 2 percent, only a slight improvement over 1.9 percent last year. In other words, overall, a few more people are becoming confident about the economy and have started to job hunt again.
Economists say the expected October job gains would be seen as sufficient for the Fed to raise its benchmark overnight interest rate from near zero at its Dec.
Earlier this week, a separate survey by payroll provider ADP found that private businesses added 204,000 jobs in September. The ADP report often differs from the Labor Department data as it does not include government jobs. The latest job numbers amount to a healthy jump from August, when job growth undershot forecasts.

New social media websites Affiliate marketing companies in delhi |
03.09.2014 at 17:52:27 Might while getting ready your proceed.
03.09.2014 at 10:43:40 To) Your: identify, electronic mail, gender, birthday, present metropolis, profile this place is also.