Author Archive
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US Jobs Streak Now at 20 Months and Counting
The new monthly jobs report is out, and it shows that employers are continuing to hire, though at a slower pace than in recent months: The number: Employers added 315,000 jobs in August, almost exactly in line with expectations. That's down from 528,000 in July and the average... Go to Source Author: John Johnson
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Unemployment Claims Hit Highest Mark Since November
The number of Americans who signed up for unemployment benefits rose last week to the highest level since November, though the US job market continues to show signs of strength. Applications for jobless aid climbed by 14,000, to 262,000 and now have risen five out of the last... Go to Source Author:
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Jobs Report Much Stronger Than Expected
The new jobs report is out, and it shows that the labor market is still booming: Jobs: Employers added 528,000 jobs in July, far above expectations of 258,000, reports CNBC . The leisure and hospitality sector added the most (96,000), followed by health care (70,000). Rate: The... Go to Source Author: John Johnson
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Strong June Jobs Report Has Investors Worried
Hiring continues to defy expectations and remain strong, as the latest monthly report from the Labor Department demonstrates. Big number: Employers added 372,000 jobs in June, well above analysts' predictions of 250,000, reports CNBC . Steady rate: The unemployment rate remained at a low 3.6% for the fourth... Go to Source Author: John Johnson
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Job Numbers Come In Stronger Than Expected
The jobs market remains strong, but it appears to be cooling off a smidge amid signs the labor shortage is easing. That seems to be the gist of coverage related to the new unemployment report released Friday. New hires: Employers added 390,000 jobs in May, above estimates of 328,... Go to Source Author: John Johnson
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For Every Unemployed Person, 2 Jobs Are Available
The economy may be threatened on a number of fronts—inflation, a volatile stock market , a war overseas—but hiring is apparently not one of them. The new Labor Department numbers for April are out, and they reflect continued job growth: Jobs: Employers added 428,000 jobs in April, which... Go to Source Author: John Johnson
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Hiring Streak in US Sets an 80-Year Record
Despite red-hot inflation , US employers kept hiring at a solid pace in March. The key numbers: Jobs: Employers added 431,000 jobs for the month, coming in a bit shy of expectations of about 490,000. However, the Wall Street Journal points out this marks 11 straight months with gains... Go to Source Author: John Johnson
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Economists Expected Lousy Jobs Report, Got the Opposite
Economists were expecting a lousy jobs report on Friday, but it came in much stronger than expected. Employers seem to have weathered the omicron surge in January better than anticipated. The numbers: Jobs: Employers added 467,000 jobs in January, the Labor Department reported. Estimates varied widely ahead of the... Go to Source Author: John Johnson
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Jobless Claims in US Plummet to Lowest Level in 52 Years
The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the US job market is rebounding rapidly from last year's coronavirus recession. Jobless claims dropped by 71,000 to 199,000, the lowest since mid-November 1969.... Go to Source Author:
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Jobless Claims in US Plummet to Lowest Level in 52 Years
The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the US job market is rebounding rapidly from last year's coronavirus recession. Jobless claims dropped by 71,000 to 199,000, the lowest since mid-November 1969.... Go to Source Author:
