“This just reaffirms that the jobs market is entering 2024 on solid ground,” said Daniel Zhao, lead economist at Glassdoor. “The fact that job growth was so widespread across industries is a healthy sign. Coming into today’s report, we were concerned about how concentrated jobs were in...
U.S. employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economic strength.
Payrolls increased by 353,000 jobs last month, far more than the185,000that economists expected, according to the report from the U.S. Bureau of Labor Statistics. Meanwhile, the December report was revised up from216,000jobs to 333,000. The unemployment rate remained steady at 3.7 percent,...
The world’s biggest economy added 353,000 jobs in January, after December’s figure was significantly revised upwards to 333,000, said the Department of Labor. The unemployment rate held steady at 3.7 percent for a third straight month. This will likely be positive for Biden, who is struggl...
On top of the sizzling job growth it reported for January, the government on Friday also revised up its estimate of the gains in November and December by a combined 71,000. January’s hiring was broad-based across industries. A category that includes restaurants and bars added 99,000 workers...
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According to a report from the Political Economy Research Institute at the University of Massachusetts, Amherst, $1 billion in education and mass transit spending could produce more than twice the jobs created by military spending. Job creation can help boost the GDP, which can help lower the na...
Wall Street had been looking for an increase of 170,000 new jobs. The unemployment rate held steady at 3.7%. Wall Street had been expecting it to rise to 3.8%. While the jobs numbers for December were decent, the jobs gains for October and November were revised lower to 173,000 and ...
It rose by 4,000 to move to closer to 6.4 million, under newly revised figures. The number of employed grew by 13,000. The state's labor force hit a record high of almost 6.6 million just before the COVID-19 pandemic hit, but remains below 2011's levels. In a separate survey ...
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