“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...
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. President Joe Biden called the jobs report “strikingly good news” and asserted that his Republican critics were wrong...
File - A worker from Portland General Electric replaces a power line as crews work to restore power after a storm on Jan. 16, 2024, in Lake Oswego, Ore. On Friday, Feb. 2, 2024, the U.S. government issues its January jobs report. (AP Photo/Jenny Kane, File) ...
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...
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When is the next jobs report? The next jobs report will show data for December and it will be released on Jan. 10. (Photo by Spencer Platt/Getty Images News via Getty Images) About the author Anna Helhoski is a senior writer covering economic news and trends. Her work has appeared in...
File - A worker from Portland General Electric replaces a power line as crews work to restore power after a storm on Jan. 16, 2024, in Lake Oswego, Ore. On Friday, Feb. 2, 2024, the U.S. government issues its January jobs report.Credit: AP/Jenny Kane ...
“Today’s report speaks to the bumpy road ahead for the Fed’s journey back to 2% inflation,” said Andrew Patterson, senior international economist at Vanguard. “The decision of when to first cut policy rates remains one for the second half of the year in our view.” ...