Tag Archive

Strong Job Growth Seen in November

December 8, 2017 No Comments

Payrolls rose more than expected last month, with 228,000 new jobs tallied. Growth occurred in professional and business services, which added 46,000 jobs; in manufacturing, with 31,000 jobs; and health care, which gained 30,000. According to a Reuters report, economists expected job growth to be around 200,000 in November. In an analysis, economist Diane Swonk […]

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Employers Add 261,000 Jobs in October

November 3, 2017 No Comments

After a tough September, the economy has rebounded, with employers creating 261,000 jobs last month. The Labor Department initially reported that 33,000 jobs were lost in September, although it revised that to show 18,000 jobs created that month. The sluggish results for September have been attributed largely to the effects of Hurricanes Harvey and Irma. […]

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Economy Sheds Jobs for First Time in Seven Years

October 6, 2017 No Comments

The U.S. economy lost 33,000 jobs last month, a decline that was probably attributable to Hurricanes Harvey and Irma, the Labor Department reported today. It was the first net monthly job loss since 2010. One hard-hit sector was food services and drinking places, which lost 105,000 jobs “as many workers were off payrolls due to the […]

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Job Growth Fails to Meet Expectations

September 1, 2017 No Comments

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 […]

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U.S. Job Market Shines in July

August 4, 2017 No Comments

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 […]

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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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