Archive for Jobs Report

98,000 jobs added to the Economy in March

The latest From the BLS Employment Report: The third jobs report of 2017 showed that the economy continues to trend positively. The Labor Department reports that 98,000 jobs were added in March. The unemployment rate dropped to noticeable 4.5 percent, down .2 percent from last month. The change in total nonfarm payroll employment for January was revised down from 238,000 to 216,000. The numbers for February were revised down from 235,000 to 219,000. With these revisions, employment gains in January and February combined were 38,000 less than previously reported.

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235,000 Jobs Added in February

The Latest From the BLS Employment Report: The second jobs report of 2017 showed that the economy continues to trend positively. The Labor Department reports that 235,000 jobs were added in February. The unemployment rate dropped slightly to 4.7 percent, down .2 percent year-over-year. The actual number of jobs added far exceeded the predicted number of 190,000, and as a result, there is an increased likelihood of a rate increase by the Fed when they meet next week.

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227,000 Jobs Added in January

The Latest From the BLS Employment Report: The first jobs report under President Donald Trump showed the economy added 227,000 jobs in January, the Labor Department reported on Friday, up from December’s 157,000 jobs. The unemployment rate rose slightly to 4.8 percent this month. Market reactions to the news saw stock market futures move higher while government bond yields fell. In January, employment increased in retail trade, construction, and financial activities.

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156,000 Jobs Added in December

The Latest From the BLS Employment Report: The US economy added 156,000 jobs in December according to employment data released Friday by the Bureau of Labor Statistics. The unemployment rate raised slightly to 4.7 percent this month. In December, employment gains occurred in health care and social assistance. The change in total nonfarm payroll employment for October was revised down from 142,000 to 135,000 and November was revised up from 178,000 to 204,000.

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178,000 Jobs Added in November

The Latest From the BLS Employment Report: The US economy added 178,000 jobs in November, and the unemployment rate dropped, according to employment report data released Friday by the Bureau of Labor Statistics. The unemployment rate — which has held near 4.9 percent since the spring — dipped to 4.6 percent this month. In November, employment gains occurred in professional and business services and in health care.

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SEPTEMBER JOBS REPORT ADDS 156,000 JOBS

The Latest From the BLS Employment Report: 156,000 Jobs Added in September The US economy added 156,000 jobs in September, and the unemployment rate unexpectedly edged higher, according to data released Friday by the Bureau of Labor Statistics. The unemployment rate, which has held at 4.9 percent since the spring, inched up to 5 percent as the labor participation rate inched up. The unexpected slowing of growth for US employment – for the third straight month – could make the Federal Reserve more cautious about raising interest rates.

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AUGUST JOBS REPORT SHOWS 151,000 JOBS ADDED

The Latest From the BLS Employment Report: 151,000 Jobs Added in August A slowing down from the gains of the last couple of months was expected ahead of this month’s jobs report, but a promising 151,000 were added in August nonetheless. Job creation has been volatile in recent months, with 275,000 jobs added in July (revised up from 255,000) and 271,000 positions created in June (revised from 292,000), and only 24,000 were added in May.

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July Jobs Report Shows 255,000 Jobs Added

The Latest From the BLS Employment Report: 255,000 Jobs Added in July After picking up last month, private-sector employment showed a second consecutive month of job gains — reinforcing again that the weak May nonfarm-payroll report was just a temporary dip. The Bureau of Labor Statistics’ jobs report showed that 255,000 private-sector jobs were added in July, far exceeding economists’ expectations for a gain of 179,000 jobs.

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June Jobs Report Shows 287,000 Jobs Added

The Latest From the BLS Employment Report: 287,000 Jobs Added in June After a disappointing jobs numbers showing last month, private-sector employment picked up significantly in June — suggesting the weak May nonfarm-payroll report may have been an anomaly. The Bureau of Labor Statistics’ jobs report showed that 287,000 private-sector jobs were added in June, above economists expectations for a gain of 150,000 jobs.

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38,000 Jobs Added to the Economy in May

The Latest From the BLS Employment Report: 38,000 Jobs Added in May All eyes were on this morning’s jobs report as Federal Reserve officials are expected to discuss raising the key U.S. interest rate in June. The Bureau of Labor Statistics’ jobs report provides economic data that the Fed uses as key indicators in deciding an interest rate hike, which could happen at their meeting this month. Economists predictions Economists predicted 160,000+ job additions ahead of this morning’s jobs report and the report fell very short.

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