News / USA

US Job Market Improves

TEXT SIZE - +

The battered U.S. job market got a bit better as private employers cut just 22,000 jobs in January.

That is about one-third the number of jobs cut the prior month.

The information comes from ADP, a company that processes paychecks across the nation.

On Friday, government experts will publish the national unemployment rate and the net number of jobs lost or gained across the economy.

The U.S. economy lost 85,000 jobs in December, but economists interviewed by news organizations say there could be a net gain in January.

They also say the jobless rate might edge up slightly to 10.1 hit percent.

Some information for this report was provided by AFP, AP and Reuters.

You May Like

Experts Weigh In on Challenges of Closing Guantanamo Prison

Former chief military prosecutor at Guantanamo delivers petition to White House with more than 370,000 signatures, demanding facility be closed down immediately More

Karzai to Discuss Enhancing Defense Ties with India

Afghanistan looking for more military aid as it prepares for withdrawal of NATO forces by next year More

India, China Pledge to Overcome Border Tensions

Indian prime minister and Chinese premier attempt to move past tense standoff in the Himalayas during Delhi talks More

Burmese President Opens US Visit with VOA Town Hall Meeting

Ahead of his meeting with President Obama Monday, Thein Sein answered questions on human rights and economic development in his country More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Video

Video US Oil Surge Could Impact Mideast Geopolitics

The United States will account for a third of new oil supplies over the next five years, and will become energy self-sufficient in 20 years, according to a new report by the Paris-based International Energy Agency (IEA). Although U.S. oil imports from Arab Gulf countries increased last year, analysts predict the U.S. will lose its dependence on Middle East imports, which is expected to have a huge impact on international relations and the balance of power. VOA's Henry Ridgewell reports.