The number of Americans applying for unemployment benefits dropped by 42,000 last week to a seasonally adjusted 338,000, the biggest drop since November 2012.
The government's partial shutdown means the September jobs report is being postponed. The workers who produce it aren't deemed "essential," which is why they're among the 800,000 federal employees being furloughed.
More than 300,000 people stopped working or looking for a job in August. Their exodus shrank the so-called labor force participation rate the percentage of adult Americans with a job or seeking one to 63.2 percent.
American businesses added 176,000 jobs in August, a private survey showed Thursday. That was fewer than in June and July but roughly in line with the monthly average for the year.
The number of Americans applying for unemployment benefits fell 19,000 last week to a seasonally adjusted 326,000, the fewest since January 2008. The decline shows the job market continues to strengthen.
The increase in the week ending July 20 follows a drop of 22,000 the previous week. But the broader trend is consistent with an improving job market.
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{
"uri": "/2013/12/26/weekly-jobless-claims-drop/",
"title": "Weekly jobless claims drop",
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"prettyDate": "December 26, 2013",
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"summary": "The number of Americans applying for unemployment benefits dropped by 42,000 last week to a seasonally adjusted 338,000, the biggest drop since November 2012.",
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{
"uri": "/2013/10/03/with-no-jobs-report-whats-an-economist-to-do/",
"title": "With no jobs report, what's an economist to do?",
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"summary": "The government's partial shutdown means the September jobs report is being postponed. The workers who produce it aren't deemed \"essential,\" which is why they're among the 800,000 federal employees being furloughed.",
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{
"uri": "/2013/09/12/women-regain-lost-jobs/",
"title": "Women regain lost jobs",
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"prettyDate": "September 12, 2013",
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"summary": "U.S. women have recovered all the jobs they lost to the Great Recession. The same can't be said for men, who remain 2.1 million jobs short.",
"body": null
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{
"uri": "/2013/09/10/top-1-percent-took-record-share-of-2012-u-s-income/",
"title": "Top 1 percent took record share of 2012 U.S. income",
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"summary": "The top 1 percent of U.S. earners collected 19.3 percent of household income in 2012, their largest share in IRS figures going back a century.",
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{
"uri": "/2013/09/06/why-fewer-working-age-americans-are-working/",
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"summary": "More than 300,000 people stopped working or looking for a job in August. Their exodus shrank the so-called labor force participation rate the percentage of adult Americans with a job or seeking one to 63.2 percent.",
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{
"uri": "/2013/09/05/businesses-added-176000-jobs-in-august/",
"title": "Businesses added 176,000 jobs in August",
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"summary": "American businesses added 176,000 jobs in August, a private survey showed Thursday. That was fewer than in June and July but roughly in line with the monthly average for the year.",
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{
"uri": "/2013/08/06/job-openings-jump-in-june/",
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"prettyDate": "August 06, 2013",
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"summary": "U.S. employers in June advertised the most jobs in five years but hired fewer workers, a mixed sign for the recovering job market.",
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{
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"summary": "Companies have all but stopped laying off workers. They just aren't hiring many.",
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"uri": "/2013/08/01/jobless-claims-fall-to-five-year-low/",
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"summary": "The number of Americans applying for unemployment benefits fell 19,000 last week to a seasonally adjusted 326,000, the fewest since January 2008. The decline shows the job market continues to strengthen.",
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{
"uri": "/2013/07/25/u-s-unemployment-aid-applications-rise-7k-to-343k/",
"title": "U.S. unemployment aid applications rise 7K to 343K",
"byline": " Paul Wiseman ",
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"prettyDate": "July 25, 2013",
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"summary": "The increase in the week ending July 20 follows a drop of 22,000 the previous week. But the broader trend is consistent with an improving job market.",
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