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BUSINESS
April 9, 2012 | By Walter Hamilton
The stock-market softness that began last week accelerated Monday as investors finally got a chance to react to Friday's disappointing employment report. As of 9:20 a.m. Pacific, the Dow Jones industrial average was off 128.62 points, or 1%, to 12,931.68 - dropping the blue-chip index back below 13,000. The selling put the Dow on track for its second triple-digit loss in the last three trading days and only its third such decline this year. Other market barometers are also down.
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BUSINESS
April 4, 2014 | By Don Lee
WASHINGTON -- It took more than four years, but the economy last month finally recovered all the millions of private-sector jobs lost in the last downturn. The March employment report released Friday showed employers added a reassuringly solid 192,000 jobs last month, shaking off the winter hiring doldrums. All of that came from private employers, bringing total nongovernment payrolls above the previous peak of 115.98 million in January 2008, near the start of the Great Recession.
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BUSINESS
January 10, 2014 | By Michael Hiltzik
UC Berkeley economist Brad DeLong calls "nuh-uh" on the Obama administration's wan attempt to put the best face on Friday's dispiriting employment report, pointing to the "absolute and total complete disaster" lurking not far beneath the  "flat-lining employment-to-population ratio. " Jason Furman, the White House chief economist, underscored that the private sector has added jobs for 46 consecutive months, though he could hardly avoid noting that the December figure was a meager gain of 74,000 (attributed by most to that all-purpose winter rascal, the weather)
BUSINESS
February 5, 2014 | By Don Lee
WASHINGTON -- After the poor job growth in December and a recent series of weak economic data, all eyes will be on this Friday's employment report for January from the Labor Department. Another bad month will further darken the outlook, while a strong rebound could revive the optimism that many had at the start of the year. There's a good chance, however, that the numbers will be somewhere in the middle. In what may be a preview of Friday's report, the payroll firm Automatic Data Processing Inc. said Wednesday that its data showed private businesses added a moderate 175,000 jobs last month.
BUSINESS
February 6, 1998 | From Times Staff and Wire Reports
U.S. stocks closed mixed but mostly higher Thursday, as bond yields rose ahead of today's January employment report. Elsewhere, oil prices gained after the White House ordered more troops into the Middle East. Silver continued to surge, while the dollar eased again. In Asia, most stock markets continued to rebound. On Wall Street the Dow Jones industrial average slipped 12.46 points to 8,117.25 after recovering from a midday deficit of 57 points.
BUSINESS
June 3, 2002 | Reuters
Stocks are set to churn sideways to higher this week as Wall Street digests a pile of key economic data. But increasing tensions between India and Pakistan could throw a wrench in the works. The Street will pick apart reports on the giant U.S. manufacturing sector, the services sector, car sales and the crucial monthly jobs data, all covering the month of May, plus April construction spending. For the next five trading sessions, investors have slim pickings from the earnings basket.
BUSINESS
October 3, 1986 | From Times Wire Services
The stock market went nowhere in a quiet session Thursday, bogging down after the rally of the past two days. The Dow Jones average of 30 industrials, which gained 27.70 points in trading on Tuesday and Wednesday, slipped back 1.69 to 1,781.21. Volume on the New York Stock Exchange amounted to 128.05 million shares, down from 143.55 million the day before.
NEWS
April 6, 1999 | From Times Wire Services
The Dow shot back above 10,000 and other stock indexes also surged to new peaks Monday after a report showed the U.S. economy is growing steadily with little inflation. The technology-oriented Nasdaq composite index rose to a record for the first time in two months, and the Dow Jones industrial average closed above 10,000 for the second time in a week, besting its previous mark. The broader blue-chip Standard & Poor's 500 index also reached a new high.
BUSINESS
August 1, 2012 | By Andrew Tangel
Stocks gained in early trading Wednesday on Wall Street after a better-than-expected employment report and ahead of a Federal Reserve announcement. But major U.S. stock indexes lost some ground following a report by the Institute for Supply Management showed manufacturing declined last month. The Dow Jones industrial average was up 19 points, or 0.2%, to 13,028, about an hour after the opening bell. The broader Standard & Poor's 500 index was up only 0.5 point, essentially flat at 1,380.
BUSINESS
May 6, 1989 | From Times Wire Services
Blue chip stocks shot up Friday morning, buoyed by news of slower job growth last month, but later lost the rally on a wave of program selling amid fears of a possible recession. The Dow Jones industrial index closed down 2.94 points at 2,381.96, ending the week with a 36.84-point loss and extending a losing streak to six days. But the broader market ended higher. Advances led declines 796 to 609 in active New York Stock Exchange volume of 180.81 million shares. Volume was 816.24 million shares for the week.
BUSINESS
January 10, 2014 | By Michael Hiltzik
UC Berkeley economist Brad DeLong calls "nuh-uh" on the Obama administration's wan attempt to put the best face on Friday's dispiriting employment report, pointing to the "absolute and total complete disaster" lurking not far beneath the  "flat-lining employment-to-population ratio. " Jason Furman, the White House chief economist, underscored that the private sector has added jobs for 46 consecutive months, though he could hardly avoid noting that the December figure was a meager gain of 74,000 (attributed by most to that all-purpose winter rascal, the weather)
BUSINESS
January 10, 2014 | By Don Lee
WASHINGTON - A surprisingly poor jobs report Friday put a damper on the increasingly rosy projections for economic growth and cast doubt on whether the Federal Reserve will continue to pull back on its stimulus efforts later this month. After a string of uplifting news about the economy and labor market, the government said U.S. employers added a meager 74,000 jobs last month, the smallest in almost three years and a sharp retreat from the 241,000 new jobs in November. Bad weather may have been a factor, and jobs data are often revised a month later.
OPINION
October 28, 2013 | By Brad Schiller
Fed Chairman Ben S. Bernanke could not have been more precise about the projected cutbacks in the monthly $85-billion bond-buying program. He said in December that the Fed would continue the program until the national unemployment rate fell to 6.5%. And the person nominated to succeed him, Janet Yellen, who is widely viewed as an inflation dove, isn't likely to raise that target. That announcement was a historic shift not only in Fed policy (which had heretofore set inflation triggers but not unemployment triggers)
BUSINESS
October 22, 2013 | By Jim Puzzanghera
WASHINGTON -- After a lackluster September employment report, a top White House official warned Tuesday that the partial government shutdown led the labor market to worsen this month and probably cost the economy "a decent number of jobs. " Jason Furman, chairman of the White House Council of Economic Advisers, noted that September was the 43rd straight month of private sector job growth. In a report delayed by the shutdown, the Labor Department said the economy added 148,000 jobs overall last month, well below analyst expectations of 185,000.
BUSINESS
July 3, 2013 | By Don Lee
WASHINGTON -- Private-sector hiring appears to be holding up well despite sluggish economic growth and retrenchment in federal payrolls. Judging from two private industry reports released Wednesday, it looks like Friday's much-anticipated monthly jobs report will show continued moderate employment growth, thanks in good part to the housing recovery and an apparent pickup in hiring at smaller businesses. ADP, the payroll processing firm, said its analysis of customers' records suggest that private employers in the U.S. added a net 188,000 new jobs in June.
BUSINESS
May 1, 2013 | By Andrew Tangel
NEW YORK -- The first day of May gave investors reasons to worry about a sluggish economy, sending stocks down nearly 1% Wednesday. The Dow Jones industrial average fell 138.85 points, or 0.94%, to 14,700.95 at the closing bell on Wall Street. The broader Standard & Poor's 500 index dropped 14.87, or 0.93%, to 1,582.70. The technology-focused Nasdaq fell 29.66 points, or 0.89%, to 3,299.13. After stocks' strong run in April, investors faced downbeat economic data signaling slowing growth in China and the United States.
BUSINESS
August 7, 2012 | By Andrew Tangel
NEW YORK -- Stocks advanced in early trading Tuesday on Wall Street, with major indexes gaining more than half a percentage point. The Dow Jones industrial average was up 72 points, or 0.6%, to 13,192 shortly after the opening bell. The Standard & Poor's 500 index gained 8 points, or 0.5%, to 1,402. The Nasdaq was up 22 points, or 0.8%, to 3,013. The Dow has advanced each day since Thursday of last week, ahead of a better-than-expected employment report that showed American employers added 163,000 jobs in July.
BUSINESS
January 3, 2013 | By Don Lee
WASHINGTON -- The pace of hiring accelerated in the final month of last year, boosted by solid gains in construction, professional services and trade and transportation, according to a closely followed private survey. The report released Thursday by Automatic Data Processing indicates that the private sector added 215,000 jobs in December, up from a revised 148,000 in November. The ADP calculations, which are based on about half a million U.S. private establishments for which it processes payrolls, suggest that job growth was considerably stronger last month than what many analysts have forecast.
BUSINESS
October 20, 2012 | By Marc Lifsher and Adolfo Flores, Los Angeles Times
SACRAMENTO - California's unemployment rate fell to 10.2% in September from 10.6% in August, posting one of the biggest drops of any state for the month. The decline took the rate to its lowest level since March 2009, during the worst recession in half a century. It follows the announcement of a reduction in the national unemployment rate to 7.8% in September from 8.1% the prior month. But the employment report released Friday has a less rosy side: The California Employment Development Department reported that only 8,500 net new payroll jobs were created statewide in September.
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