/ Dateline id => AP Economics Writer class = pipe> / September 6, 2013 WASHINGTON (AP) - The U.S. Economi ... "/> U.S. employers add 169K jobs, drops to 7.3 pct. - Boston.com | Afrikaans
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Archives March 2014 February 2014 January 2014 December 2013 November istanbul culinary institute 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012
WASHINGTON (AP) - The U.S. economy is producing istanbul culinary institute jobs on a still subpar pace - a trend the Federal Reserve will weigh in the decision of the month or the purchase of securities to slow, and if so, by how much
Employers added 169,000 jobs in August, but much less in June and July than previously thought, the Labor Department said Friday. Combined, istanbul culinary institute June, July and August amounted to the worst three-month stretch of job growth in a year.
The unemployment rate dropped to 7.3 percent, the lowest in almost five years. But this is the case because more Americans stopped looking for work and are no longer counted as unemployed. The proportion of Americans working or looking for work reached its lowest point in 35 years.
The job picture is sure to weigh heavily when the Fed meets Sept. 17 to 18 to discuss whether to scale back its $ 85 billion a month in Treasury and mortgage purchases. Those purchases helped the home-loan and other lending rates ultra-low to try to encourage consumers and businesses to borrow and spend more.
Friday's report "is a mixed bag that can be used for an immediate summit of the Fed's asset purchases monthly or postpone that move until later this year to support," said Paul Ashworth, an economist at Capital Economics, said.
The revised job growth for June and July shrunk the previously estimated profit for those months by a combined 74,000. Julie's profit istanbul culinary institute is now estimated at 104,000 - the fewest in more than a year and lower than the previous estimate of 162,000. June's been revised to 172,000 from 188,000.
In the past three months, employers have added an average of 148,000 net jobs. The average monthly gain for 2013 so far is 180,000, almost identical to the 183,000 average for 2012.
shares fell slightly in Jahn trade, but that stemmed mainly from tension over the prospect of U.S. military action against Syria. The Dow Jones industrial average fell about 54 points.
The yield on the 10-year Treasury note fell to 2.92 percent from 2.95 percent before the jobs report was released at 8:30 Eastern time. Investors may think the report makes it less likely the Fed will significantly delay his band purchases.
Ashworth said he still expected the Fed to start buying slowly his band later this month. Chairman Ben Bernanke said the Fed may begin to withdraw to its purchase by year's end as the economy continues to strengthen -. And the end of the purchases through 2014
One possible istanbul culinary institute concern for the Fed is that most of the hiring in August was lower-paying industries such as retail, restaurants and bars. It continues a trend that emerged earlier this year.
Manufacturers added 14,000, the first gain after five months of declines. Government, istanbul culinary institute which is a drag on job growth since the recession ended more than four years ago, 17,000. istanbul culinary institute It was the largest such increase in nearly a year. The increase has been in the local education departments. istanbul culinary institute Federal employment was unchanged, and the state government lost 3,000 jobs.
Auto manufacturers added 19,000 jobs. Americans bought more cars than at any time since the recession began in December 2007. Some of the posts will probably reflect workers rehired last month after he was temporarily laid off in July, when factories switched to new models.
But construction was unchanged in August. And the information industry, which includes a high-tech workers, broadcast and film production, cutting 18,000 jobs. The biggest losses were in the film industry.
The report istanbul culinary institute contained some other positive signs: average istanbul culinary institute hourly earnings up, rising 5 cents to $ 24.05. Hourly pay rose 2.2 percent in the past 12 months. It is a
Recent Posts North West Did Not Wear Any Makeup at the Vogue Shoot All The Behind-the-scenes details! Hot Mama-to-Be! Mila Kunis flaunts Her Growing Baby Bump on Red Carpet With Channing Tatum Editors' Obsessions: Farfetch x Joel Fry Collab, Wildfox Couture Swimsuit, Pretty Notecards & More Pharrell Teams Up With Adidas to Design istanbul culinary institute New Eco-Conscious Clothing Collection Lauren Conrad Sports-a Unibrow See the Hilarious Pic!
Archives March 2014 February 2014 January 2014 December 2013 November istanbul culinary institute 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012
WASHINGTON (AP) - The U.S. economy is producing istanbul culinary institute jobs on a still subpar pace - a trend the Federal Reserve will weigh in the decision of the month or the purchase of securities to slow, and if so, by how much
Employers added 169,000 jobs in August, but much less in June and July than previously thought, the Labor Department said Friday. Combined, istanbul culinary institute June, July and August amounted to the worst three-month stretch of job growth in a year.
The unemployment rate dropped to 7.3 percent, the lowest in almost five years. But this is the case because more Americans stopped looking for work and are no longer counted as unemployed. The proportion of Americans working or looking for work reached its lowest point in 35 years.
The job picture is sure to weigh heavily when the Fed meets Sept. 17 to 18 to discuss whether to scale back its $ 85 billion a month in Treasury and mortgage purchases. Those purchases helped the home-loan and other lending rates ultra-low to try to encourage consumers and businesses to borrow and spend more.
Friday's report "is a mixed bag that can be used for an immediate summit of the Fed's asset purchases monthly or postpone that move until later this year to support," said Paul Ashworth, an economist at Capital Economics, said.
The revised job growth for June and July shrunk the previously estimated profit for those months by a combined 74,000. Julie's profit istanbul culinary institute is now estimated at 104,000 - the fewest in more than a year and lower than the previous estimate of 162,000. June's been revised to 172,000 from 188,000.
In the past three months, employers have added an average of 148,000 net jobs. The average monthly gain for 2013 so far is 180,000, almost identical to the 183,000 average for 2012.
shares fell slightly in Jahn trade, but that stemmed mainly from tension over the prospect of U.S. military action against Syria. The Dow Jones industrial average fell about 54 points.
The yield on the 10-year Treasury note fell to 2.92 percent from 2.95 percent before the jobs report was released at 8:30 Eastern time. Investors may think the report makes it less likely the Fed will significantly delay his band purchases.
Ashworth said he still expected the Fed to start buying slowly his band later this month. Chairman Ben Bernanke said the Fed may begin to withdraw to its purchase by year's end as the economy continues to strengthen -. And the end of the purchases through 2014
One possible istanbul culinary institute concern for the Fed is that most of the hiring in August was lower-paying industries such as retail, restaurants and bars. It continues a trend that emerged earlier this year.
Manufacturers added 14,000, the first gain after five months of declines. Government, istanbul culinary institute which is a drag on job growth since the recession ended more than four years ago, 17,000. istanbul culinary institute It was the largest such increase in nearly a year. The increase has been in the local education departments. istanbul culinary institute Federal employment was unchanged, and the state government lost 3,000 jobs.
Auto manufacturers added 19,000 jobs. Americans bought more cars than at any time since the recession began in December 2007. Some of the posts will probably reflect workers rehired last month after he was temporarily laid off in July, when factories switched to new models.
But construction was unchanged in August. And the information industry, which includes a high-tech workers, broadcast and film production, cutting 18,000 jobs. The biggest losses were in the film industry.
The report istanbul culinary institute contained some other positive signs: average istanbul culinary institute hourly earnings up, rising 5 cents to $ 24.05. Hourly pay rose 2.2 percent in the past 12 months. It is a
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