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Job gains slow in November as pandemic hampers recovery

Dec 4, 2020
Employers added 245,000 jobs, many fewer than the previous month. The economy is still down nearly 10 million jobs since February.
A "now hiring" sign at a business in Arlington, Virginia. Hiring is sluggish across the economy and economists worry that the trend will turn negative.
Olivier Douliery/AFP via Getty Images

The good news? The economy added 1.4 million jobs in August. The bad news? The economy only added 1.4 million jobs in August.

Sep 4, 2020
The economy's clawing its way back from historic job losses in the spring, but it's only halfway back to pre-pandemic levels.
A barista making coffee at an Oklahoma cafe. While 1.4 million new jobs were added in August, employment gains are slowing.
Johannes Eisele/AFP via Getty Images

Rising home prices linked to slowing job growth in some cities

Jan 23, 2020
Research suggests a decline in housing affordability can significantly reduce job growth.
Mark Metcalfe/Getty Images

Will job growth hold up in 2020?

Jan 9, 2020
The December jobs report from the Labor Department will cap off a year of decent job growth coupled with declining unemployment.
Justin Sullivan/Getty Images

U.S. employers added a stellar 312,000 jobs in December

Jan 4, 2019
Job growth at this pace is a sign that the economy will continue to expand for a 10th straight year.
Scott Barbour/Getty Images

Here's the problem with low, low unemployment

Sep 13, 2018
Unemployment in the United States currently stands at the low, low 3.9 percent. What’s not to like? A new paper from the Federal Reserve Bank of Boston argues that, historically, a low unemployment rate can signal trouble for the economy. It seems there is some danger in too much employment. Click the audio player above […]
Joe Raedle/Getty Images

What happened to the retail apocalypse?

Aug 28, 2018
About a year ago, we were doing a lot of stories about a retail apocalypse — online shopping leading to the destruction of department stores, malls, anything built out of bricks and mortar. Fast forward to this year and things couldn’t be more different. In the last few weeks, we’ve seen strong quarterly results from everyone […]
A shopper carries away his purchases from a Target store on Aug. 22, 2018 in Chicago, Illinois. Target today reported a 6.4 percent jump in store traffic for the quarter, the biggest increase in at least a decade. The retailer also reported a 41 percent increase in online sales for the quarter. 
Scott Olson/Getty Images

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In the red vs. blue political struggle, which areas are seeing more job growth?

Many voters backed President Donald Trump on the promise of new job growth in their respective parts of the country. But a report from the Associated Press shows that hasn't been the case – instead, it's the places who backed Clinton in 2016 that are reaping the benefits of rising employment.
Nick Dindash, 78, who supports Donald Trump, poses for a portrait at his home back on Aug. 13, 2016 in Windber, Pennsylvania. The small Western Pennsylvania town of just over 4,000 residents was founded as a company town for nearby coal mines, most of which have closed.
Mark Makela/Getty Images

Here’s why U.S. small businesses don’t export more

May 21, 2018
The Commerce Department kicks off World Trade Week on Monday. It’s honoring 43 U.S. exporters. Thirty-three of them are small- or mid-sized businesses. But as it turns out, small businesses could be exporting more. Click the audio player above to hear the full story. 

Moderate job growth in March: aberration, or sign of the future?

Apr 6, 2018
The March jobs report shows there were 103,000 jobs added in the month, though many economists expected something closer to an additional 175,000. And that very well may be because March was a tough month weather-wise, slowing down things like construction in parts of the country. But could we also be seeing something else going […]