Posts Tagged Jobs Report
The economy produced 304,000 in January, according to the Labor Department. This is a lot more than the 165,000 economists were expecting for the month, given that the longest-ever government shutdown occurred during the period surveyed. There was a lot of good news in this report. Wage growth also beat expectations, growing at an annualized […]
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Just when the economic news becomes troubling, along comes a jobs report from the Labor Department that dazzles the sceptics. A jobs report that can only be described as awesome, boffo and fantabulous. Total nonfarm payroll employment increased by 312,000 in December, and the unemployment rate rose to 3.9 percent. That headline number absolutely blew […]
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The economy produced fewer jobs in November than experts were expecting. However, the unemployment rate remained unchanged, unemployment claims are down and wages are up. So, the overall picture remains bright. Total nonfarm payroll employment increased by 155,000 in November, and the unemployment rate remained unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics […]
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As we await the November jobs numbers from the government, it’s a good time to review the data from October. Unemployment rates were lower in October than a year earlier in 272 of the 388 metropolitan areas, higher in 95 areas, and unchanged in 21 areas, the U.S. Bureau of Labor Statistics reports. A total […]
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At first blush, the September jobs report from the Labor Department seems a disappointment. The economy produced just 134,000 jobs during the month – well shy of the 185,000 economists had expected. But a closer look exposes some very strong trends. For starters, the unemployment rate – at 3.7% — is the lowest it’s been […]
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The latest jobs report from the government is a particularly strong one. Not only did the economy produce about 20,000 more jobs than expected in January, but paychecks are finally growing at a strong pace. According to the labor department, total nonfarm payroll employment increased by 200,000 in January and the unemployment rate was unchanged […]
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The economy added 228,000 jobs in November and the unemployment rate was unchanged at 4.1 percent, according to the U.S. Bureau of Labor Statistics. BLS said the number of unemployed persons was essentially unchanged at 6.6 million. Over the year, the unemployment rate and the number of unemployed persons were down by 0.5 percentage point […]
Continue Reading →It is now official: the economy is producing a healthy number of new jobs in 2017. According to the U.S. Bureau of Labor Statistics, the economy produced 235,000 in February. This is more than the 190,000 new jobs that economists expected to see. It was an unexpectedly strong showing, in other words. This was especially […]
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