Although anxiety spiked following aweaker-than-expected July jobs reportcoupled with a drasticdownward annual employment numbers revision, August’s solid job gains and Friday’s report — which included upward revisions to both July and August — should put those concerns to rest, Elise Gould, sen...
There were 130,000 more jobs created in July than there were in June, and the most since February. The red-hot jobs numbers from the Labor Department on Friday arrive amid a growing consensus that the economy is losing momentum. The U.S. economy shrank in the first two quarters of 2022...
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Employment Growth Over 3 Years Growth in Hourly Wages Over 1 Year Unemploy- ment Rate Labor Force Size Ratio of Monthly Wages to Monthly Rents 1 Oklahoma City, OK 100.0 3.8% 9.6% 1.5% 3.2% 749,348 4.1 2 Cape Coral, FL 98.3 3.7% ...
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and Local government. Today that number has increased to 17.1%. Today 14.7% of the people in the country work in education and healthcare (vs. 13.5% in January of 2008). Manufacturing jobs dropped from 10% to 9% of total employment, construction positions dropped from 5.4% to 4.6% of ...
“We’ve created more jobs in two years than any administration has created in the first four years,” President Joe Biden said Friday about the employment report. “It means our economic plan is working.” Economists note, however, that the very strength of the job market is...
The president's full remarks on the January employment numbers. WASHINGTON - U.S. job growth blew past expectations in January, as the economy brushed off a record-breaking surge in COVID-19 cases nationwide that threatened to sideline millions of workers and kept many consumers at home. Th...
But that recovery has been uneven. In places like upstate New York and the Rust Belt, and Louisiana, cities still have lower employment than they did before COVID-19, the researchers found. The below map shows which metro areas have gotten back to pre-pandemic job numbers, and which are ...
A strong set of US jobs numbers has once more highlighted the dilemma facing the Federal Reserve as it decides when to start lowering interest rates. Some272,000 jobs were added in Maycompared with a forecast of 180,000. The unemployment rate, however, rose from 3.9 per cent to 4 per ce...