Archive for Jobs Report

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.

Read more »

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.

Read more »

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.

Read more »

160,000 Jobs Added to the Economy in April

The Latest From the BLS Employment Report: 160, 000 Jobs Added in April Economists predicted another month of 200k+ job additions ahead of this morning’s jobs report but the latest data told a different story. The Bureau of Labor Statistics announced 160,000 jobs were added in April and while this was below expectations, we still boast 65 straight months of positive job growth. Employment growth has averaged 232,000 per month.

Read more »

215,000 Jobs Added to the Economy in March

The Latest From the BLS Employment Report: 215, 000 Jobs Added in March March’s job report numbers typically come in close to 45,000 lower than economists’ predictions, but this morning’s report was a bit of a surprise. Just over 200k jobs were expected to be added in the last month, but the Bureau of Labor Statistics reported 215,000 jobs were added. This could calm jittery investors and help reassure the Federal Reserve, which is currently weighing further interest rate hikes.

Read more »

242,000 Jobs Added to the Economy in February

The Latest Numbers From the BLS Employment Situation Report This morning’s Jobs Report is providing a bit more clarity to the state of the U.S. economy amid record low oil prices, a tempestuous stock market and fears about a second recession. Economists predictions were shattered with 242,000 new jobs added in February, more than the 172,000 (revised from 151,000) jobs added in January. Another big indicator that is quashing those second recession fears is the unemployment rate. While it remained at 4.

Read more »

ACCOUNTING AND FINANCE JOBS REPORT: JANUARY 2016

An employment summary based on the U.S. Bureau of Labor Statistics’ (BLS) January 2016 monthly jobs report. December was a good month for job seekers. According to the BLS jobs report, the U.S. economy added 292,000 jobs, and that figure beat economists’ expectation of 200,000. The unemployment rate held steady at 5 percent, according to the BLS’s January 8 report. However, the labor participation rate essentially remain unchanged at 62.

Read more »

ACCOUNTING AND FINANCE JOBS REPORT: DECEMBER 2015

An employment summary based on the U.S. Bureau of Labor Statistics’ (BLS) December 2015 monthly jobs report.   The U.S. economy added 211,000 jobs in November, beating Wall Street’s projection of 200,000 new jobs for the month, according to BLS. The unemployment rate remains unchanged at 5 percent. These figures make it more likely that the Federal Reserve will raise interest rates later this month. The government also revised employment gains for October and September to show net gains of 35,000 new jobs.

Read more »

Accounting and Finance Jobs Report: November 2015

An employment summary based on the U.S. Bureau of Labor Statistics’ (BLS) November 2015 monthly jobs report. On November 6, BLS announced that the U.S. economy created 271,000 jobs for the month of October. That’s a robust increase over last month’s weaker-than-expected 142,000 new jobs. The unemployment rate remains unchanged at 5 percent. The civilian labor force participation rate was also unchanged at 62.4 percent.

Read more »

ACCOUNTING AND FINANCE JOBS REPORT: OCTOBER 2015

An employment summary based on the U.S. Bureau of Labor Statistics’ (BLS) October 2015 monthly jobs report. On October 2nd, BLS announced that the U.S. economy created a weaker-than-expected 142,000 new jobs for the month of September. The government also revised last month’s jobs data to show that the economy created only 136,000 jobs, down from 173,000. Last month, the more optimistic (and outdated) 173,000 number had already fallen short of Wall Street’s expectations by 47,000 jobs.

Read more »