Private payrolls increased at a faster-than-expected pace in April, indicating there are still plenty of tail winds for the U.S. labor market, according to ADP. A separate report indicated that job openings continue on the decline, falling to their lowest level since early 2021. The payrolls...
Nonfarm payrolls increased 253,000 for April, beating Wall Street estimates for growth of 180,000. The unemployment rate was 3.4% against an estimate for 3.6% and tied for the lowest level since 1969. Average hourly earnings rose 0.5% for the month and increased 4.4% from a year ago, both...
April 2024 Contraction March 2024 Contraction Feb. 2024 Contraction Jan. 2024 Contraction Dec. 2023 Contraction Nov. 2023 Contraction Oct. 2023 Contraction Additionally, the 1,000 added jobs were accompanied by layoffs and hiring freezes across the six large manufacturing sectors, according ...
August 28, 2024 Small Business Tax Surveys Review the current survey report to learn the outcomes and challenges small… Read More August 28, 2024 SBET Report A quarterly Small Business Economic Trends industry report highlighting the… Read More...
April jobs report: Unemployment is below 4% for the first time since 2000CNN Money
ADP: April Jobs Gains Double Forecast More Nam Y. Huh The hospitality sector led the way as job gains doubled in April, according to hiring firm ADP. Employment surged in April, with the monthly jobs survey from private payroll firm ADP showing 296,000 jobs added and the bulk of t...
(April, 2024) 7 Institute for Supply Management. “March 2024 Services ISM Report on Business.” 8 Federal Reserve. “Federal Reserve issues FOMC statement.” 9 Bureau of Labor Statistics. “Consumer Price Index – February 2024.” 10 Board of Governors of the Federal Reserve System. “...
Updated on: August 2, 2024 / 4:42 PM EDT / CBS News Mortgage rates tumbled on Friday to their lowest since April 2023 after a weak jobs report sent bond yields sharply lower and boosted Wall Street's expectations for an interest rate cut from the Federal Reserve at its September meeting...
The recent tech-driven rally had some of the wind taken out of its sails earlier this week after a report showed that Apple’s iPhone sales in China had fallen by 24% in the first six weeks of 2024, adding to significant problems for Apple and other Western tech companies in a crucial...
Don’t be surprised if Friday’s jobs report shows that February’s employment gains were far below those reported for January.