Posts Tagged “unemployment rate”

Unemployment Holds Steady at 9.7% While Job Market Gains

April 2 2010 No Commented

In March, residual signs of a market turnaround continued as unemployment held steady at 9.7%. The total number of jobs gained was 162,000, a dramatic raise since the market began shedding jobs almost two years ago.  About a third of the added jobs come from the U.S. census, which has taken many employees under its [...]

Tenuous Recovery Bolstered By Job Loss News

March 5 2010 No Commented

(bars indicate rate of job loss) In February only 36,000 jobs were lost keeping the unemployment rate at 9.7%. This news has caused mild relief on the part of many economists who were foreseeing a larger molt in the job market due to heavy snowstorms that swept across the Northeast and Midwest this past month. [...]