Blog
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Jobs Report Misses Expectations by a Mile
The new unemployment report for April is out, and the takeaway number didn't come close to meeting expectations. Details: The number: Employers added 266,000 jobs in the month, even though analysts had expected roughly 1 million, reports CNBC . The outlet characterizes the figure as a "huge letdown." What's more,... Go to Source Author: John Johnson
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Hiring Booms as Jobs Report Exceeds Expectations
Analysts expected a strong jobs report, and the Labor Department delivered. Employers went on a hiring binge in March, and they're expected to continue for the near future. The highlights: A big number: Employers added 916,000 jobs last month, reports the AP , well above expectations of about 675,000.... Go to Source Author: John Johnson
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A Big Sign That the US Economy Is on the Upswing
The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving. Thursday's report from the Labor Department showed that jobless claims fell from 781,000 the week before. It's the... Go to Source Author:
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A Big Sign That the US Economy Is on the Upswing
The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving. Thursday's report from the Labor Department showed that jobless claims fell from 781,000 the week before. It's the... Go to Source Author:
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A Big Sign That the US Economy Is on the Upswing
The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving. Thursday's report from the Labor Department showed that jobless claims fell from 781,000 the week before. It's the... Go to Source Author: