Browsing: Employment situation

Economy

With the Fed’s turn to a more dovish stance, there may not be many more rate hikes in this cycle. As long as monetary policy does not turn restrictive, the opportunity remains to see just how much slack is left in the labor market.

Economy

Total nonfarm payroll employment grew by 304,000 in January, an increase from last month, according to the Bureau of Labor Statistics. The national unemployment rate rose from 3.9 percent to 4.0 percent. Private service-providing industries gained 224,000 jobs, led by leisure and hospitality, which added 74,000 jobs. Goods-producing employment rose by 72,000 jobs during the

Economy

Total nonfarm payroll employment grew by 312,000 in December, an increase from last month’s upwardly revised reading of 176,000, according to the Bureau of Labor Statistics. The national unemployment rate rose from 3.7 percent to 3.9 percent. Private service-providing industries gained 227,000 jobs, led by education and health services, which added 82,000 jobs. Goods-producing employment

Economy

The non-farm private sector added 271,000 jobs in December, according to the ADP National Employment Report. This followed a 179,000 job increase in November. Small businesses with fewer than 50 employees gained 89,000 jobs. Medium-sized businesses with 50-499 employees created 129,000, while large businesses added 54,000 jobs. “We wrapped up 2018 with another month of

Economy

Total nonfarm payroll employment grew by 155,000 in November, a decrease from last month’s downwardly revised reading of 237,000, according to the Bureau of Labor Statistics. The national unemployment rate remained at 3.7%. Private service-providing industries gained 132,000 jobs, led by health care and social assistance, which added 40,000 jobs. Goods-producing employment rose by 29,000

Economy

Total nonfarm payroll employment grew by 250,000 in October, an increase from last month’s downwardly revised reading of 118,000, according to the Bureau of Labor Statistics. The national unemployment rate remained at 3.7%. Private service-providing industries gained 179,000 jobs, led by education and health services, which added 44,000 jobs. Goods-producing employment rose by 67,000 jobs

Economy

Total nonfarm payroll employment grew by 134,000 in September, a decrease from last month’s upwardly revised reading of 270,000, according to the Bureau of Labor Statistics. The national unemployment rate dropped to 3.7%, the lowest rate since 1969. Private service-providing industries gained 75,000 jobs, led by professional and business services, which added 54,000 jobs. Goods-producing

Economy

Total nonfarm payroll employment grew by 201,000 in August, an increase from last month’s downwardly revised reading of 147,000, according to the Bureau of Labor Statistics. The national unemployment rate remained at 3.9%. Private service-providing industries gained 178,000 jobs, led by professional and business services and education and health services, which both added 53,000 jobs.

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