Economy Added 295,000 Jobs in February

The economy added 295,000 jobs in February according to the U.S. Bureau of Labor Statistic. The unemployment rate fell to 5.5% percent. The number of unemployed persons also edged down to 8.7 million. However, the long-term unemployed (jobless for 27+ weeks) remained unchanged at 2.7 million. The chart above shows the unemployment rate steadily falling over the past two years. Read more... March 6, 2015

Economy Added 257,000 Jobs in January

The Bureau of Labor Statistics (BLS) has released its January 2015 employment report. The economy added 257,000 nonfarm jobs in January. Jobs added for the previous two months were revised upwards. The economy has added 336,000 jobs per month on average over the past 3 months. Read more... February 6, 2015

Glassdoor Raises $70 Million in Financing Led by Google Capital

The Glassdoor job site has raised $70 million in a financing round. Glassdoor made the announcement in a press release. The company says the financing was led by Google Capital and Tiger Global. Read more... January 6, 2015

Economy Added 321,000 Jobs in November

The U.S. economy added 321,000 jobs in November. This was the biggest monthly job increase in three years. The unemployment rate held steady at 5.8%. Read more... December 5, 2014

Seattle to Raise Minimum Wage to $15/Hour

Seattle's city council has voted to raise the minimum wage to $15 per hour. This will be the highest minimum wage in the nation. The state of Washington is currently the state that also has the highest minimum wage at $9.32/hour. Read more... June 4, 2014

Vermont Raises Minimum Wage to $10.50

Vermont has raised the minimum wage to $10.50. It was previously $8.73. CNN/Money reports that the minimum wage in the state will be increased in phases through 2018. Read more... May 13, 2014

U.S. Economy Added 288,000 Jobs in May, 2014

The U.S. economy added 288,000 jobs in May, 2014 according to the new report from the Bureau of Labor Statistics (BLS). This was the biggest monthly job gain since January 2012. The unemployment rate fell 0.4% to 6.3%. Read more... May 2, 2014

Economy Adds 192,000 Jobs in March

The U.S. Bureau of Labor has released the jobs report for March. The economy added 192,000 nonfarm jobs in March, which is a little above the average for the past twelve months. 183,000 per month have been added on average over the past 12 months. The unemployment rate was unchanged at 6.7%. The BLS says 10.5 million remain unemployed. Read more... April 4, 2014

U.S. Economy Adds Just 113,000 Jobs in January

The U.S. economy added only 113,000 jobs in January according to the latest report from the Bureau of Labor Statistics. This suggests the dismal December job report was part of trend and not an anomaly caused by snowstorms. Read more... February 8, 2014

U.S. Economy Adds Just 74,000 Jobs in December

The U.S. economy added just 74,000 jobs in December. This was the weakest report in 3 years. This was much less than the 241,000 jobs the economy gained in November and also lower than the 200,000 jobs gain in October. The unemployment rate fell to 6.7%. Read more... January 10, 2014
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