Archive for News

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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July Dazzles with Powerful Job Growth

August 5, 2016 No Comments

Last month brought some solid employment gains, as employers created 255,000 new jobs nationwide. The jobless rate stayed at 4.9 percent, as the labor force increased by 407,000, the Labor Department reported today. The labor force participation rate rose from 62.7 percent to 62.8 percent. On the White House blog, President Obama’s chief economist Jason […]

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Job Creation Plummets in May

June 3, 2016 No Comments

The Labor Department delivered some bleak news today, revealing that employers added just 38,000 jobs last month, and that payrolls for the previous two months were revised downward. “Not only was May itself weak, but there is clear evidence that the pace of employment gains has slowed in the past few months,” wrote IHS Chief […]

Job Growth Slows Down, but Wages Jump

May 6, 2016 No Comments

The headline employment figure from April isn’t very impressive. Employment growth was 160,000, a number that failed to live up to economists’ predictions. In addition, payrolls from previous months were revised downward. For February and March combined, there were 19,000 fewer jobs than earlier reported, according to the Labor Department. Meanwhile, unemployment for April remained at […]

Impressive Data in March Jobs Report

April 1, 2016 No Comments

There are several signs in the March employment report showing that the job market is on the right track. Employment was up by 215,000 nationwide, while average hourly earnings rose by 7 cents and the labor force expanded by 396,000. The payroll growth was powered by gains in retail trade, construction and health care. Recommend […]

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Report Highlights Mixed News on Employment

March 4, 2016 No Comments

Last month, hiring gained steam in the U.S., but the news in some other areas wasn’t as bright. Payrolls rose by 242,000 in February, with growth in health care, retail trade, and various other industries. Unemployment remained at 4.9 percent, the Labor Department said in the new jobs report. Recommend on Facebook Tweet about it

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