Tag Archives: employment situation

223,000 Jobs Added in May, Unemployment Down to 3.8%

Total nonfarm payroll employment grew by 223,000 in May, an increase from last month’s downwardly revised reading of 159,000, according to the Bureau of Labor Statistics. The national unemployment rate fell to 3.8%, matching April 2000 as the lowest since 1969. Private service-providing industries gained 171,000 jobs, led by education and health services and retail trade, adding 39,000 and 31,100, ...

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164,000 Jobs Added in April, Unemployment Down to 3.9%

Total nonfarm payroll employment grew by 164,000 in April, an increase from last month’s reading of 135,000, according to the Bureau of Labor Statistics. The national unemployment rate fell to 3.9%, the first sub-4% unemployment figure since 2000. Private service-providing industries gained 119,000 jobs, led by professional and business services and education and health care, adding 54,000 and 31,000, respectively. ...

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Powell: Low Inflation Caught Fed by ‘Surprise’

Inflation running under the Federal Reserve's 2 percent target was "a bit of a surprise" to monetary policymakers over the past few years, especially the decline in inflation in 2017 even as the labor market improved, Fed Chairman Jerome Powell said at an event in Chicago today.

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103,000 Jobs Added in March

Total nonfarm payroll employment grew by 103,000 in March, a decrease from last month’s strong reading of 326,000, according to the Bureau of Labor Statistics. The national unemployment rate remained at 4.1%, maintaining the lowest level since December 2000. Private service-providing industries gained 87,000 jobs, led by professional and business services and education and health care, adding 33,000 and 25,000 ...

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313,000 Jobs Added in February

Total nonfarm payroll employment grew by 313,000 in February, an increase from last month’s reading of 239,000, according to the Bureau of Labor Statistics. The national unemployment rate remained at 4.1%, maintaining the lowest level since December 2000. Private service-providing industries gained 187,000 jobs, led by retail trade and professional and business services, adding 50,000 apiece. Goods-producing employment rose by ...

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200,000 Jobs Added in January

Total nonfarm payroll employment grew 200,000 in January, an increase from last month’s reading of 160,000, according to the Bureau of Labor Statistics. The national unemployment rate remained at 4.1%, maintaining the lowest level since December 2000. Private service-providing industries gained 139,000 jobs, led by health care and social assistance services, which added 25,800. Goods-producing employment rose by 57,000 jobs ...

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148,000 Jobs Added in December

Total nonfarm payroll employment grew 148,000 in December, a decline from last month’s reading of 252,000, according to the Bureau of Labor Statistics. The national unemployment rate remained at 4.1%, maintaining the lowest level since December 2000. Private service-providing industries gained 91,000 jobs, led by health care and social assistance services, which added 29,200. Goods-producing employment rose by 55,000 jobs ...

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228,000 Jobs Added in November

Total nonfarm payroll employment grew 228,000 in November, a small decline from last month’s reading of 244,000, according to the Bureau of Labor Statistics. The national unemployment rate remained at 4.1%, maintaining the lowest level since December 2000. Private service-providing industries gained 159,000 jobs, led by professional and business services, which added 46,000. Goods-producing employment rose by 62,000 jobs during ...

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231,000 Jobs Added in October

Total nonfarm payroll employment grew 231,000 in October, rebounding from last month’s dismal reading due to Hurricane activity, according to the Bureau of Labor Statistics. The national unemployment rate ticked down from 4.2% to 4.1%, the lowest level since December 2000. Private service-providing industries gained 252,000 jobs, led by leisure and hospitality services, which added 106,000 after shedding 102,000 last ...

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