Courier Jobs In December

(Reuters) - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama. Nonfarm payrolls jumped 243,000, the Labor Department said on Friday, as factory jobs grew by the most in a year. The jobless rate fell to 8.3 percent - the lowest since February 2009 - from 8.5 percent in December. The gain in employment was the largest since April and it far outstripped the 150,000 predicted in a Reuters poll of economists. It hinted at underlying economic strength and lessened chances of further stimulus from the Federal Reserve. "More pistons in the economic engine have begun to fire, pointing to accelerating economic growth. One of the happiest persons reading this ...

Weekly Economic and Financial Commentary : 29/01/2012 U.S. Review Less Strength Than Meets The Eye Real GDP grew at a 2.8 percent annualized rate during the fourth quarter, but the underlying data show the economy has less momentum going into 2012. Durable goods orders and shipments rebounded solidly in December, casting some doubt on the earlier weak readings and bringing the data more closely in line with anecdotal reports and regional manufacturing surveys. Expectations for a housing rebound may have gotten a little ahead of themselves. New home sales fell slightly in December, and sales remain stuck near their average for the past 8 months. A Little Less Strength than Meets the Eye Real GDP grew at a 2.8 percent annualized rate during the fourth quarter. Growth was ...

Weekly Economic and Financial Commentary : 07/01/2012 U.S. Review Great Car, Just Be Sure to Look Under the Hood Total nonfarm payrolls jumped 200,000 in December and the unemployment rate dropped to a cycle-low 8.5 percent. Coming on the heels of several weeks of improvement in unemployment insurance claims and improving business sentiment, this seems to put an exclamation point on recent firming in the labor market. To be sure, the job market is healing but we suspect the jump in December may overstate the extent of this improvement. In this week's U.S. Review, we point to some one-off factors and benchmark revisions affecting the job numbers. Overstating the Might of the Labor Market? The economic indicators released in the first week of 2012 offered a mixed, but mostly ...

(Reuters) - U.S. employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam. Nonfarm payrolls increased 200,000 in December, the Labor Department said on Friday. It was the biggest rise in three months and beat economists' expectations for a 150,000 gain. The unemployment rate fell from a revised 8.7 percent in November to its lowest level since February 2009, a heartening sign for President Barack Obama whose re-election hopes could hinge on the state of the labor market. "The labor market is healing, but we still have a long way to go to recoup the losses we have endured. We may be close to a tipping point where gains can become more self-feeding," said Diane Swonk, ...

Employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam. Nonfarm payrolls increased 200,000 in December, the Labor Department said on Friday. It was the biggest rise in three months and beat economists' expectations for a 150,000 gain. The unemployment rate dropped from a revised 8.7 percent in November to its lowest level since February 2009, a heartening sign for President Barack Obama whose re-election hopes could hinge on the state of the labor market. "The labor market is healing, but we still have a long way to go to recoup the losses we have endured. We may be close to a tipping point where gains can become more self-feeding," said Diane Swonk, chief economist ...

(Reuters) - Employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet the economic recovery was gaining steam. Nonfarm payrolls increased 200,000 in December, the Labor Department said on Friday. It was the biggest rise in three months and beat economists' expectations for a 150,000 gain. The unemployment rate dropped from a revised 8.7 percent in November to its lowest level since February 2009, a heartening sign for President Barack Obama whose re-election hopes could hinge on the state of the labor market. "The labor market is healing, but we still have a long way to go to recoup the losses we have endured. We may be close to a tipping point where gains can become more self-feeding," said Diane ...

(Reuters) - The job market looks quite different depending on which of the two Labor Department surveys you read. The headline figure showing a paltry January jobs gain of 36,000 was skewed by winter weather that kept an estimated 886,000 people from working, according to a Labor Department official. But the unemployment rate, which is drawn from a survey of households rather than business establishments, dropped to 9.0 percent from 9.4 percent in December, the lowest level since April 2009 and down nearly a full percentage point in the span of two months. WHAT GIVES? * January employment reports are typically tricky to interpret because the Labor Department makes adjustments to its population counts, which means comparisons to December are not always apples-to-apples when looking at ...