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Would raising wages lead to more or fewer jobs?

May 3, 2013
Economists don't agree on whether higher wages boost the economy, or discourage employers from hiring.
Understanding your salary can be like trying to read a foreign language. Even economists can't agree on whether higher wages boost the economy, or discourage employers from hiring.
PHILIPPE HUGUEN/AFP/Getty Images

Unemployment falls to 7.5%, 165,000 jobs added

May 3, 2013
The Bureau of Labor Statistics is reporting the economy added 165,000 jobs last month and the unemployment rate fell to 7.5 percent, beating analyst expectations.

Private sector job gains miss the mark

Apr 3, 2013
The payroll processing company ADP reported this morning that 158,000 private sector jobs were added last month, falling below analyst expectations.

Unemployment falls to 7.7%, 236,000 jobs added

Mar 8, 2013
The Bureau of Labor Statistics is reporting that the economy added 236,000 jobs last month and the unemployment rate fell to 7.7 percent, beating analyst expectations.

Despite D.C. roadblocks, markets keep chugging

Mar 6, 2013
The Dow posted another record high this morning. The surge came on the heels of a new report from the payroll processing company ADP, which showed that private employers added 198,000 jobs in February.

Obama adviser: Jobs report shows continued progress

Jan 4, 2013
Alan Krueger, chair of President Obama's Council of Economic Advisers, weighs in on the government's December jobs report

Unemployment ticks up to 7.8 percent, 155,000 jobs added

Jan 4, 2013
The Bureau of Labor Statistics is reporting that unemployment has stayed steady at 7.8 percent, and the economy added 155,000 jobs last month.

For public good, not for profit.

Economists cautiously hopeful ahead of monthly jobs data

Jan 4, 2013
Private payroll data points to an encouraging trend in service-related jobs that are key to economic growth.

Report: Job cuts fall to lowest level since 1997

Jan 3, 2013
Last year saw the fewest job cuts since 1997 according to a report this morning from the job placement firm Challenger, Gray & Christmas.

Obama adviser says jobs news helps color in hopeful picture

Dec 7, 2012
Alan Krueger, chairman of President Obama's Council Of Economic Advisers, shares his thoughts on what the latest jobs report says about the state of the U.S. economic recovery.