Payrolls increased by only 156,000 last month, as job creation in the U.S. missed expectations. Meanwhile, the unemployment rate increased slightly, from 4.3 percent to 4.4 percent. Economists had expected job growth of 180,000 in August, according to a Reuters report. The areas that added jobs included manufacturing, with employment growth of 36,000; construction, with […]
The job market is generating a lot of positive news. Payrolls grew by 209,000 last month, while the unemployment rate declined slightly and wages rose. Employment growth was led by food services and drinking places, which added 53,000 jobs. Other winners were professional and business services, with 49,000 new jobs; and health care, which gained […]
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 […]
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 […]
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 […]
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
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 […]
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, […]
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 […]
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 […]