USA TODAY Special Report: New analysis reveals huge job growth
By 2017, an estimated 2.5 million new, middle-skill jobs are expected to be added to the workforce, accounting for nearly 40% of all job growth, according to a USA TODAY analysis of local data from Economic Modeling Specialists Intl. And CareerBuilder. Search our interactive database to find jobs in 125 of the USA's largest metro areas. Ref. USAToday
2014 is on track to be the best year for U.S. Job gains since 1999. Another 321,000 jobs were added in November.
The November figure was much higher than expected and confirms recent signs of economic strength. The Labor Department said the gains were widespread. The unemployment rate in November remained unchanged at 5.8%. Ref. CNN
Last year was America's best year of job growth since 1999. More than 2.9 million jobs were created last year, according to the latest figures from the Department of Labor.
The unemployment rate fell to 5.6% in December, down from 5.8% in November. That's also a big drop from the 6.7% rate in December 2013. The rate is expected to hit 5.2% -- around the normal level -- by the end of the year, according to CNNMoney's survey of economists. Ref. CNN
Only 44 Percent Of U.S. Adults Are Employed For 30 Or More Hours Per Week:
Jim Clifton, the Chairman and CEO of Gallup, says that the percentage of Americans that are employed full-time has been hovering near record lows since the end of the last recession. But most Americans don't realize this because the official unemployment numbers are extremely misleading Ref. Source 4
The U.S. Economy added 295,000 jobs in February, better than expected and another sign the labor market has turned around.
The unemployment rate fell to 5.5% from 5.7% -- the lowest since May 2008.
Over the past year, the American economy has been averaging more than 250,000 job gains every month. Ref. USAToday
33% of Americans out of workforce, highest rate since 1978:
The number of Americans aged 16 and older not participating in the labor force hit 92,898,000 in February, tying December's record, according to data released by the Bureau of Labor Statistics (BLS). Ref. Source 5