Blog
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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:
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New Jobs Report Is Out, and It’s Disappointing
Economists had high hopes about the new monthly jobs report, but those hopes fizzled when the stats came out Friday morning. Employers heartily missed expectations in regard to new hires. The details: New jobs: Employers added 210,000 jobs in November, well below expectations that were well north of 500,... Go to Source Author: John Johnson
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New Jobs Report Is Out, and It’s Disappointing
Economists had high hopes about the new monthly jobs report, but those hopes fizzled when the stats came out Friday morning. Employers heartily missed expectations in regard to new hires. The details: New jobs: Employers added 210,000 jobs in November, well below expectations that were well north of 500,... Go to Source Author: John Johnson
