Wage growth decelerated slightly, with those remaining in their jobs seeing a 7.2% annual increase, down 0.1 percentage point from a month ago. Job changers saw growth of 14.3%, compared with 14.9% in January. The report comes with Federal Reserve officials watching jobs data closely for clue...
The report also indicated that December’s job gains were much better than originally reported. The month posted a gain of 333,000, which was an upward revision of 117,000 from the initial estimate. November also was revised up, to 182,000, or 9,000 higher than the last estimate. DON...
By Joseph Adinolfi This was the week investors were supposed to receive some clarity on how deeply the Federal Reserve would cut borrowing costs later this month. But heading into the market close on Friday, the central bank's plans appeared ...
Again, the government sector in December ranked high in job creation. It created 52,000 jobs in the final month of 2023. As FOX Business's Edward Lawrence points out, that brings the three-month average of jobs created by the government sector to 50,000 per month. Lawrence says Acting La...
Sector by Sector News: July 2024 Manufacturing Jobs Report July Manufacturing PMI: 46.8%* July ISM Employment Index: 43.4% *A PMI reading below 50% suggests economic activity is contracting. Economic activity in the manufacturing industry diminished for the fourth consecutive month in July (down...
The U.S. labor market capped off 2023 on a high note, with the final monthly jobs report of the year dampening thoughts that an interest rate cut by the Federal Reserve is coming soon. Employers added 216,000 jobs in the final month of the year, with the larger-than-expected gain exce...
According to a new report from the federal government's Bureau of Labor Statistics last Friday, the US economy added 353,000 jobs for the month of January while the unemployment rate held at 3.7%. CNN news was sure to tell us that this was a "shockingly
Jobs Report, First Impressions: A Strong June for the Job Market July 3rd, 2014 at 9:16 am Payrolls were up 288,000 and the unemployment rate ticked down to a near six-year low of 6.1% last month, according to today’s employment report from the BLS (a rare Thursday edition due to...
All eyes were on the jobs report on Friday as investors gauged whether any sign of weakness in the U.S. labor market would prompt the Fed to go easier on <...
Average hourly earnings rose 0.5% for the month and increased 4.4% from a year ago, both higher than expected. watch now VIDEO02:30 Job growth totals 253,000 in April, beating forecasts even as U.S. economy slows Job growth fared better than expected in April despite bank turmoil and a...