The strong jobs report comes amid a challenging year for the U.S. economy. Recession fears surged in late-summer amid worries that a global slowdown would spread to American shores. The back-and-forth lobbing of tariffs between the U.S. and China also raised fears of instability, and the...
January 4, 2019 at 11:51 PM GMT+8 Friday’s jobs report went a long way toward quelling concern that a recession is imminent. Stocks jumped, though they remain flat over 2019’s first three days and barely dented a 15 percent tumble since September. ...
The October 2019 employment report showed U.S. companies collectively added way more jobs than expected during the month, as robust gains in leisure and hospitality and persistent strength in health care offset expected softness in manufacturing. The government reported Friday that payrolls increased by...
The number of people in employment has been rising since Kenya started making public the job report in March 2019 before the economy started shedding jobs in January. Workers on payroll or business increased from 16.35 million in March 2019 to a peak of 18.1 million in December. It droppe...
In 2019, payroll employment rose by 2.1 million, down from a gain of 2.7 million in 2018, an earlier report showed. Divided by months, job gains have averaged 175,000 in 2019, a sharp drop from the 225,000 figure in the prior year. ...
January 4, 2019 According to the latest jobs report from the US Department of Labor we end the year with a surge in job growth. The economy added 312,000 jobs in December, more than expected, and the unemployment rate rose to 3.9%. ...
The largest component of the U.S. economy — consumption — is well-poised for sustained growth as we begin 2019. The stock market appeared to welcome the jobs report as major indexes were up significantly at midday. However, much of this surge was likely due to comments made by Federal ...
ADP’s tabulations don’t always directly correlate with the official federal report — BLS’ January private-sector payroll gains were three times that of ADP’s. “ADP hasn’t been too reliable in predicting first prints of BLS payrolls recently, and whereas yesterday’s JOLTS figures pointed...
The American jobs machine churned out another 2.1 million new jobs in 2019, driving the unemployment rate to the lowest level since 1969. At a 3.5 percent jobless rate, employers report difficulty finding workers to fill the 7.3 million unfilled jobs in America. Textbook economics would suggest...
"Today's jobs report shows the U.S. economy continues to create jobs at a strong pace even as we enter the longest period of economic expansion on record," said Tony Bedikian, head of global markets at Citizens Bank. "The bounce back in the June jobs number may splash cold water on ...