The U.S. economy added 209,000 jobs in July, exceeding analysts’ expectations and indicating continued strength in American hiring. Unemployment edged down to 4.3 percent—matching May’s level and the lowest recorded in 16 years. Average hourly earnings rose 2.5 percent from a year earlier. The Wall Street Journal reports the “food services and drinking places” category…
The Labor Department reported Friday that the U.S. economy added a healthy 178,000 jobs in November, roughly in line with forecasts. Economists surveyed by Reuters had predicted 175,000 new nonfarm jobs; those surveyed by Bloomberg had forecast 180,000. The gains, an improvement over October, nudged the unemployment rate down to 4.6 percent, a nine-year low,…
The U.S. economy added 161,000 non-farm jobs in October, according to the jobs report released Friday. The gains fell just short of the 175,000 increase predicted by economists surveyed by MarketWatch. Hiring figures from the two prior months also were adjusted slightly higher than initially reported. Together, the figures added to recent upbeat data supporting…
The U.S. economy added 156,000 jobs in September, according to a Department of Commerce report released Friday—the last one before Election Day. Economists attribute a slight uptick in the unemployment rate to 5 percent to Americans re-entering the job search. According to revised figures from the government, 167,000 jobs were added in August and 252,000…
The U.S. added 255,000 jobs during the month of July, the Bureau of Labor Statistics annnounced Friday morning. The numbers handily beat expectations of 180,000 jobs, while the unemployment rate remained at 4.9 percent. However, job growth in May was extremely tepid: Just 38,000 new jobs were created, the BLS said originally, but that number…
Total nonfarm payroll employ-ment increased by 287,000 in June, and the unemployment rate rose to 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job growth occurred in leisure and hospitality, health care and social assistance, and financial activities. Employment also increased in information, mostly reflecting the return of workers from a strike. What…
American employers in March added 215,000 jobs, according to new figures Friday from the Bureau of Labor Statistics. Average hourly wages rose 0.3 percent, up from the 0.1 percent registered in February. However, the unemployment rate edged up to 5 percent, a slight bump from 4.9 percent a month ago. So far this year, average…
U.S. companies added 242,000 new jobs last month, far exceeding expectations and possibly helping to ease widespread fears of an economic slowdown. The unemployment rate remained at 4.9 percent. The Bureau of Labor Statistics report amounts to 72 months of uninterrupted job gains, the longest streak on record. However, wages fell 0.1 percent for February,…
U.S. employers added a solid 223,000 jobs in June, and the unemployment rate fell to 5.3 percent, a seven-year low. The drop in the unemployment rate from 5.5% in May to 5.3% June takes it to the level that the US government considers full employment, and heightens expectations that the Federal Reserve will raise interest…
The U.S. economy added 295,000 jobs in February and the unemployment rate fell from 5.7 percent to 5.5 percent, extending the winter’s mounting labor market gains. The February jobs report released by the Bureau of Labor Statistics exceeded investors’ expectations, which were generally for 230,000 new jobs created. Unemployment drops to 5.5%. Here's the February…
Second-quarter GDP Growth Revised Up To 4.2 Percent The U.S. economy rebounded more strongly than initially thought in the second quarter, and details of a report on Thursday pointed to sustainable underlying strength. The Commerce Department said gross domestic product expanded at a 4.2 percent annual rate–instead of the previously reported 4.0 percent pace–reflecting upward…
CEO Satya Nadella says in an email to employees that it was a “difficult” decision, but says changes will lead to “more productive, impactful teams across Microsoft.” A week after writing a 3,100 word company-wide memo on Microsoft’s “bold ambition and our core focus,” the company’s chief executive officer wrote another, shorter memo to his…
ADP NATIONAL EMPLOYMENT REPORT: PRIVATE SECTOR EMPLOYMENT INCREASED BY 281,000 JOBS IN JUNE Private sector employment increased by 281,000 jobs from May to June according to the June ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP®, a leading global provider…
Payroll employment rises by 217,000 in May; unemployment rate unchanged at 6.3% THE EMPLOYMENT SITUATION — MAY 2014 Total nonfarm payroll employment rose by 217,000 in May, and the unemployment rate was unchanged at 6.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, health care and social…
ADP NATIONAL EMPLOYMENT REPORT: PRIVATE SECTOR EMPLOYMENT INCREASED BY 179,000 JOBS IN MAY Private sector employment increased by 179,000 jobs from April to May according to the May ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP®, a leading global provider…
THE EMPLOYMENT SITUATION — APRIL 2014 Total nonfarm payroll employment rose by 288,000, and the unemployment rate fell by 0.4 percentage point to 6.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Employment gains were widespread, led by job growth in professional and business services, retail trade, food services and drinking places,…
Source: ADP®, Automatic Data Processing U.S. Economy Added 139,000 Private-Sector Jobs in February, According to ADP National Employment Report. ADP NATIONAL EMPLOYMENT REPORT: PRIVATE SECTOR EMPLOYMENT INCREASED BY 139,000 JOBS IN FEBRUARY ROSELAND, N.J. –March 5, 2014 –Private sector employment increased by 139,000 jobs from January to February according to the February ADP National Employment…
THE EMPLOYMENT SITUATION — JANUARY 2014 Total nonfarm payroll employment rose by 113,000 in January, and the unemployment rate was little changed at 6.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment grew in construction, manufacturing, wholesale trade, and mining. …. Household Survey Data Both the number of unemployed persons, at 10.2 million,…
Source: Automatic Data Processing, ADP® ADP National Employment Report: Private Sector Employment Increased by 175,000 Jobs in January Roseland, N.J. – February 5, 2014 – Private sector employment increased by 175,000 jobs from December to January according to the January ADP National Employment Report®. …. Goods-producing employment rose by 16,000 jobs in January, down from…
The unemployment rate declined from 7.0 percent to 6.7 percent in December, while total nonfarm payroll employment edged up (+74,000), the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade and wholesale trade but was down in information. —————————————————————————– | Revision of Seasonally Adjusted Household Survey Data | | | | Seasonally…
Customers may have to forgo the chalupas Thursday as fast-food workers are planning walkouts in dozens of cities to pressure chains like Taco Bell, McDonald’s, and Wendy’s to pay higher wages. Organizers claim Thursday’s strike will be the largest ever by fast-food workers. Employees are demanding $15 an hour, for a full-time-employee yearly salary of…
Dozens of workers asking to be paid a minimum of $15 an hour and the right to organize without retaliation are expected to protest outside of McDonald’s (MCD) and Wendy’s (WEN) locations across New York City on Monday. The rallies will move to Chicago, St. Louis, Detroit, Milwaukee, Kansas City and Flint, Michigan the rest…
