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The increase was about 100,000 more than expected and unemployment dipped to 3.5%. The labor market appears resilient, but fears are growing that the coronavirus will take a toll on the economy.
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The latest numbers from state officials show that Ohio's unemployment rate didn't change at all last month.The Ohio Department of Jobs and Family Services…
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December's job growth is down slightly from the three previous months, when employers added an average of 200,000 jobs. But the unemployment rate held steady at 3.5%, matching a 50-year low.
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U.S. employers added a better-than-expected number of jobs last month, boosted in part by the return of General Motors workers who had been on strike in October. The unemployment rate fell to 3.5%.
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The long economic recovery has brought unemployment to historic lows. But the number of men in the labor force during their prime working age has dropped significantly over the past 50 years.
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Ohio's unemployment rate stayed level last month at 4.2%, the same as in September.It's an improvement from a year ago in October 2018, when the…
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GDP numbers out Wednesday show the U.S. economy lost some steam in the third quarter. President Trump is banking on a strong economy as his ticket to a second term.
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U.S. employers added 136,000 jobs in September — a sign of continued resilience in the labor market amid growing signals that the economy is losing steam. The jobless rate was the lowest since 1969.
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The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.
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Job growth rebounded strongly last month as employers added 224,000 jobs. That followed a disappointing May when employers added just 72,000 jobs.