Author Archive
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Latest Jobs Report Pleases the Markets
Hiring cooled off a bit in December from the previous month, though the numbers reflect a still-strong labor market. Another part of Friday's unemployment report—on wage gains—has the stock market in a pretty good mood: Hires: Employers added 223,000 jobs in December, slightly above expectations of 200,... Go to Source Author: John Johnson
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Latest Jobs Report Pleases the Markets
Hiring cooled off a bit in December from the previous month, though the numbers reflect a still-strong labor market. Another part of Friday's unemployment report—on wage gains—has the stock market in a pretty good mood: Hires: Employers added 223,000 jobs in December, slightly above expectations of 200,... Go to Source Author: John Johnson
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Hiring Is Again Stronger Than Expected
The latest jobs report came in stronger than expected, which may not be great news for investors hoping the Fed eases up on rate increases. As the AP puts it, "the economy remains a picture of solid job growth and painful inflation." The details: New jobs: Employers added 261,000... Go to Source Author: John Johnson
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263K Jobs Added Last Month, Plus a Surprise Dip
America's employers slowed their hiring in September but still added a solid 263,000 jobs—a dose of encouraging news that may mean the Federal Reserve's drive to cool the job market and ease inflation is starting to make progress. Friday's government report showed that last month's job growth was... Go to Source Author:
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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
