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Texas jobless at 4.4 percent for February, down 0.1 percent

Texas jobless at 4.4 percent for February, down 0.1 percent

AUSTIN, Texas (AP) — Texas’ unemployment rate in February fell to 4.4 percent, down one-tenth of a percentage point from the previous month, showing job growth in seven of the 11 major industries monitored by the Texas Workforce Commission, the agency said Friday. Education and health services added 6,100 jobs, marking the 37th straight month of gains in those sectors. ...

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Private-sector hiring accelerated in December to 257,000, ADP says

Private-sector hiring accelerated in December to 257,000, ADP says

Companies accelerated their hiring in December, adding a robust 257,000 net new jobs in a sign that the labor market finished last year strong, according to a report Wednesday from payroll firm Automatic Data Processing. The job growth figure exceeded analyst expectations. It was the most net new private-sector jobs since December 2014 and a big jump from a downwardly ...

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Stocks rise a day after plunge, oil prices slide

US stocks rise a day after sharp plunge, lifted by job gains

NEW YORK — Stocks are inching upward Friday morning as investors were encouraged by continuing job growth in the U.S. The market is coming off its worst day in more than three months. KEEPING SCORE: The Dow Jones industrial average gained 38 points, or 0.2 percent, to 16,551 as of 10:15 a.m. Eastern time. The Dow lost 392 points the ...

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Why job growth and cheap gas aren’t doing what they should

WASHINGTON — Steady hiring is supposed to fire up economic growth. Cheap gasoline is supposed to power consumer spending. Falling unemployment is supposed to boost wages. Low mortgage rates are supposed to spur home buying. America’s economic might is supposed to benefit its workers. Yet all those common assumptions about how an economy thrives appear to have broken down during ...

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U.S. adds surprisingly strong 295,000 jobs, but wage growth slows

jobs

U.S. employers shook off some severe winter weather and added a surprisingly strong 295,000 net new jobs in February while the unemployment rate fell to a post-Great Recession low of 5.5%, the Labor Department said Friday. The jump in job creation exceeded economists’ forecasts and was an improvement over January’s 239,000 jobs. But the increase was offset somewhat by a ...

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ADP reports 212,000 new U.S. jobs in February

Payroll processor ADP reported 212,000 new U.S. nonfarm private sector jobs in February. While small, midsized and large businesses all reported growth, indicating strong hiring should boost the economy this coming year, small businesses led the pack. February was the 13th straight month in which U.S. businesses added more than 200,000 new jobs, although the 212,000 figure was down slightly ...

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Lieutenant governor advocates for shale gas tax at Squirrel Hill school

Lt. Gov. Mike Stack on Thursday blamed slow job growth in Pennsylvania on cuts to state public education funding, something he said a tax on natural gas extraction would remedy. “We’re at the exact bottom in job creation, and that’s because we’re not investing in our young people,” Stack said at Taylor Allderdice High School in Squirrel Hill. He, three ...

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Study: Oil keeps fueling Odessa economic growth. But could that slow in coming months?

Corey Paul | The Odessa American Higher-than expected oil prices buoyed Odessa’s economy this year despite forecasts of flattening growth, according to the latest Odessa Economic Index by the Amarillo Economist Karr Ingham, released Friday. Ingham was one of those who had anticipated that job growth, building and other signs of the booming economy would slow down after years of ...

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Energy News Roundup: Contested Iraqi dam, solar jobs explosion and fracking protesters superglue themselves

Jared Anderson | Breaking Energy Iraqi Kurdish peshmerga forces and Iraq military personnel reportedly took control of a key dam in the northern part of the country. The dam that supplies water and 1 GW of electricity to local populations had been seized by Islamic State militants. There were still conflicting reports Monday morning about which side controlled the strategic ...

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