May 2, 1986 |
A construction boom fueled by falling interest rates sent unemployment down slightly to 7.1% in April, but the sharp drop in oil prices caused big job losses in the industrial sector, the Labor Department said today. The April jobless rate was a tenth of a percentage point lower than the 7.2% mark recorded in March. The unemployment rate was 6.7% in January and then leaped to 7.3% in February. Oil and gas workers have been devastated by dropping prices, the figures showed.
November 7, 1986 |
About one-third of a million new jobs were created last month to keep up with a growing labor force and maintain national unemployment at 7%, but most of them were either part-time positions held by women and teen-agers or government positions, the Labor Department reported today. The October figures were the same as in September, when American joblessness jumped two-tenths of a percentage point. The economy created about 300,000 to 350,000 jobs last month.
February 5, 1988 |
The nation's jobless rate held steady at a decade-low 5.8% last month as job growth slowed to less than half what it had averaged in late 1987, the government said today. California's jobless rate was 5.1% in January, down slightly from 5.2% in December, the Labor Department reported. Nationwide, about 385,000 people said they found work in January. But the number of unemployed also climbed, by 68,000 to just over 7 million, the department said.
June 1, 1990 |
The nation's unemployment rate slipped to 5.3% in May as weak job growth continued for the third straight month, the government reported today. The jobless rate in April was 5.4%. The nation's unemployment rate has been fluctuating close to 5.3% for more than a year. The number of new jobs increased by 164,000, but that number was artificially bolstered by the federal government's hiring of 145,000 temporary census workers, the Labor Department said.
February 3, 1990 |
Civilian unemployment was unchanged at 5.3% in January for the eighth consecutive month, the Labor Department said Friday in a report that eased recessionary fears but appeared to make the economy seem stronger than it really is. A broader measure that includes members of the armed forces living in the United States showed that the jobless rate declined to 5.2% from 5.3% in January.
March 9, 1990 |
The nation's unemployment rate in February held steady at 5.3% for the ninth consecutive month despite the biggest increase in jobs in 20 months, the government said today. California's rate was 4.9%, down from 5.2% in January. Nationwide, the Labor Department said a survey of employers showed a seasonally-adjusted, non-farm job gain of 372,000, the largest since June, 1988. And the department revised its figure for January to a gain of 332,000, up from an earlier estimate of 275,000.
June 3, 1988 |
The nation's unemployment rate rose to 5.6% in May--only its second increase in 20 months--as 518,000 fewer Americans were at work than in the previous month, the government said today. The 0.2-percentage-point increase from a 14-year-low jobless rate of 5.4% was accompanied by an increase of 173,000 in the number of people listed by the Labor Department as unemployed. The department said the labor force, those either holding jobs or actively looking for them, shrank 363,000 to 122.7 million.
March 4, 1988 |
The nation's economy created half a million jobs last month, dropping the unemployment rate to 5.7%, its lowest since the summer of 1979 during the Carter Administration, the government said today. Total employment grew 280,000, the Labor Department's monthly household survey said, with the number of jobless Americans falling 108,000 to 6.9 million. January's jobless rate had been 5.8%.
January 8, 1988 |
The federal government shut down today as nine inches of snow blanketed the nation's capital. An estimated 340,000 federal workers in the Washington area were given the day off, the Office of Personnel Management reported, with the arrival of a massive storm that had already staggered much of the nation's middle and southern states. The National Weather Service reported nine inches of snow at National Airport at 10 a.m.
January 8, 1988 |
The nation's unemployment rate dropped to 5.8% in December, its lowest since July, 1979, the Labor Department said today, as the economy created 3 million new jobs last year. Employers appeared to be undaunted by a 25% decline in stock values since October, continuing to hire hundreds of thousands of new workers each month. About 235,000 Americans found work in December, raising total employment to 115.5 million and dropping the jobless rate 0.