Inside these posts: Jobs report

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Unemployment rate in U.S. falls below 9%

Job seekers in Chicago speak with recruiters at a career fair at Malcolm X College last summer. (Scott Olson/Getty Images)

The U.S. jobs market rebounded in February and unemployment fell below 9 percent for the first time in nearly two years, the latest signs of a steadily improving economy.

Nonfarm payrolls rose by 192,000 last month as private-sector employers added 222,000 jobs, the Labor Dept. said Friday in its survey of employers. The January number was revised to show an increase of 63,000 jobs, from a previous estimate of 36,000.

In Illinois, the unemployment rate fell to 9.0 percent in January, the Illinois Department of Employment Security reported Thursday.

The unemployment rate, which is obtained from a separate household survey, fell to 8.9 percent last month, the first time it dipped below 9 percent since April 2009. About 13.67 million people who would like to work can’t get a job. Get the full story »

Unemployment claims drop sharply to 434K

Fewer people applied for unemployment benefits last week, the second drop in a row and a hopeful sign the job market could be improving.

The Labor Department said Thursday that initial claims for jobless benefits dropped by 21,000 to a seasonally adjusted 434,000 in the week that ended Oct. 23.

CEOs less willing to hire; sales a worry

U.S. chief executive officers’ view of the economy darkened in the third quarter, with top executives saying they were less willing to hire new workers as they fear sales growth will slow. Get the full story »

Job openings flat at 2.9 million in June

U.S. job openings were flat in June while the number of new hires slipped, according to a government report on Wednesday that underscored the persistent weakness in the labor market.

The Labor Department said there were 2.9 million job openings in June, almost identical to May’s tally. Get the full story »

Economy loses jobs in June

A wave of census layoffs cut the nation’s payrolls in June for the first time in six months, while private employers added a modest number of jobs. The unemployment rate fell to 9.5 percent, its lowest level in almost a year.

Employers cut 125,000 jobs last month, the most since last October, the Labor Department said Friday. The loss was driven by the end of 225,000 temporary census jobs. Businesses added a net total of 83,000 workers, an improvement from May. But that’s also below March and April totals.

The nation has 7.9 million fewer private payroll jobs than it did when the recession began.