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Strong Employment Growth Seen in June

July 7, 2017 No Comments

Employers added 222,000 jobs last month, according to the latest data on the U.S. job market. In another sign of strong job growth, the employment gains for the previous two months were revised upward by 47,000. “The June jobs report showed that the US jobs market still has a lot of vigor,” wrote Nariman Behravesh, chief […]

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Employers Create 138,000 Jobs in May

June 2, 2017 No Comments

The U.S. economy added 138,000 jobs in May, while job growth for the previous two months was revised downward by 66,000. Over the past year, the monthly employment gain has averaged 181,000, the Labor Department reported. In an analysis, IHS Markit Chief Economist Nariman Behravesh wrote that the “disappointing” employment gains are “less a sign […]

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Unemployment Declines to Lowest Level in 10 Years

May 5, 2017 No Comments

The job-market news was stellar in April. Not only did the jobless rate drop to 4.4 percent – the lowest it’s been in a decade – but payroll growth was also strong, at 211,000. The job growth marks “a sharp rebound from the tepid pace of March,” wrote economist Diane Swonk of DS Economics in […]

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Weak Payroll Growth Seen in March

April 7, 2017 No Comments

Employers added a relatively small number of jobs in March, and the employment picture for the month isn’t very clear. The number of jobs created was just 98,000, the Labor Department reported today. That contrasts with 219,000 new jobs in February, and 216,000 in January. Recommend on Facebook Tweet about it

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Payrolls, Wages Show Impressive Gains in February

March 10, 2017 No Comments

Employers added 235,000 new jobs last month, while wages increased by 6 cents, according to the latest employment report. The job gains were spread among several areas, including construction, professional and business services, educational services, manufacturing, health care, and mining. The average job growth over the past three months has been 209,000 per month, the […]

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Strong Hiring Seen at Start of New Year

February 3, 2017 No Comments

Employment growth was strong at the beginning of the new year, with the economy racking up 227,000 new jobs in January. “That’s a good number,” said Andrew Challenger, vice president of outplacement firm Challenger, Gray & Christmas. The growth was powered partly by retail trade, which added 46,000 new jobs. Other areas of growth included construction, […]

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Wages Shine at End of 2016

January 6, 2017 No Comments

Wages rose by 10 cents in December – a 2.9 percent gain over the year, the Labor Department reported today. In addition, employers added 156,000 new jobs, boosted by health care, food services and drinking places, and social assistance. That payroll figure is down from 204,000 in November, according to revised numbers released by the […]

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November Jobs Report Shows Mixed News

December 2, 2016 No Comments

Payrolls headed up last month, but wages went in the opposite direction, according to the latest government jobs report. The total job growth for November was 178,000, the government reported today. That was powered by a whopping 63,000 new jobs in professional and business services, along with 28,000 jobs in health care. Recommend on Facebook […]

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Bright News on Wages in October Jobs Report

November 4, 2016 No Comments

Wages jumped by 10 cents last month, providing some upbeat news for employees. And workers can expect to see even higher wages in coming years, according to an economist. The October jobs report also showed that employers added 161,000 new jobs, and that job growth for the previous two months was revised upwards. According to […]

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Job Growth Loses Steam in September

October 7, 2016 No Comments

The economy added on another 156,000 jobs last month, but the growth wasn’t particularly impressive. “Job growth is slowing, get used to it,” wrote IHS Global Insight economist Patrick Newport in an analysis. Recommend on Facebook Tweet about it

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