Tag Archives: employment situation

Economy Added 271,000 Jobs, Unemployment Fell to 5.0 Percent

Total nonfarm payroll employment rose by 271,000 in October, an increase from the previous month’s total of 137,000 jobs. The unemployment rate fell from 5.1 to 5.0 percent, the lower-end of the Federal Reserve’s full employment estimate of 5.0 to 5.2 percent. The majority of gains occurred in professional and business services, which added 78,000 jobs, up from 33,000 in ...

Read More »

142,000 Jobs Added in September

Total nonfarm payroll employment rose by 142,000 in September, an increase from last month’s downwardly revised 136,000. The unemployment rate remained at 5.1 percent, within the Federal Reserve’s full employment estimate of 5.0 and 5.2 percent. The majority of job gains were in health care and social assistance, which added 36,400, down from the 47,600 added in August.  The leisure ...

Read More »

173,000 New Jobs in August, Unemployment Fell to 5.1%

Total nonfarm payroll employment rose by 173,000 in August according to the Bureau of Labor Statistics, down from last month’s upwardly revised 245,000. The unemployment rate dropped to 5.1 percent. The Federal Reserve has placed its full employment estimate between 5.0 and 5.2 percent. Education and health services posted strong gains, with healthcare and social assistance adding 56,400 jobs. Professional ...

Read More »

BLS: 215,000 Jobs Added in July

Total nonfarm payroll employment rose by 215,000 in July, down from last month’s upwardly revised 231,000. The unemployment rate remains unchanged at 5.3 percent. The Federal Reserve has placed its full employment estimate between 5.0 and 5.2 percent. Retail trade, healthcare, professional and technical services, and financial activities led the gains in employment. Retail trade and financial activities posted numbers ...

Read More »

U.S. Adds 280,000 jobs in May

Total nonfarm payroll employment rose by 280,000 in May, up from last month’s revised estimate of 221,000. The unemployment rate rose slightly to 5.5 percent. The Federal Reserve has placed its full-employment estimate between 5 percent and 5.2 percent.

Read More »

U.S. Adds 223,000 Jobs in April

Total nonfarm payroll employment rose by 223,000 in April, up from last month’s revised estimate of 85,000. The unemployment rate dropped slightly to 5.4 percent, the lowest since 2008. The Federal Reserve has placed its full-employment estimate between 5 percent and 5.2 percent.

Read More »