jobs report

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US Jobs Streak Now at 20 Months and Counting

Employers added 315K workers in August, right in line with expectations

(Newser) - The new monthly jobs report is out, and it shows that employers are continuing to hire, though at a slower pace than in recent months:
  • The number: Employers added 315,000 jobs in August, almost exactly in line with expectations. That's down from 528,000 in July and the
...

Jobs Report Much Stronger Than Expected

Employers added 528K positions, far above estimates

(Newser) - The new jobs report is out, and it shows that the labor market is still booming:
  • Jobs: Employers added 528,000 jobs in July, far above expectations of 258,000, reports CNBC . The leisure and hospitality sector added the most (96,000), followed by health care (70,000).
  • Rate: The
...

Commerce Chief: Let's Stop 'Talking Ourselves Into a Recession'

Gina Raimondo says a severe downturn is not inevitable

(Newser) - Commerce Secretary Gina Raimondo is worried that talk of a recession will become a self-fulfilling prophecy. In an ABC News interview Sunday with George Stephanopoulos on This Week, Raimondo recounted a recent conversation with an unnamed CEO. "He said, 'The economy's strong. Customers are buying. Businesses are...

Strong June Jobs Report Has Investors Worried

Another 372K jobs were added

(Newser) - Hiring continues to defy expectations and remain strong, as the latest monthly report from the Labor Department demonstrates.
  • Big number: Employers added 372,000 jobs in June, well above analysts' predictions of 250,000, reports CNBC .
  • Steady rate: The unemployment rate remained at a low 3.6% for the fourth
...

For Every Unemployed Person, 2 Jobs Are Available

It's a record-high proportion; new jobs figures for April reflect continued hiring

(Newser) - The economy may be threatened on a number of fronts—inflation, a volatile stock market , a war overseas—but hiring is apparently not one of them. The new Labor Department numbers for April are out, and they reflect continued job growth:
  • Jobs: Employers added 428,000 jobs in April, which
...

Hiring Streak in US Sets an 80-Year Record

We've had 11 straight months with gains of more than 400K jobs

(Newser) - Despite red-hot inflation , US employers kept hiring at a solid pace in March. The key numbers:
  • Jobs: Employers added 431,000 jobs for the month, coming in a bit shy of expectations of about 490,000. However, the Wall Street Journal points out this marks 11 straight months with gains
...

Jobs Report Suggests We're on the Road to Recovery

Employers added 678K new jobs, topping expectations

(Newser) - The monthly jobs figures are out for February, and they signal a return to "something resembling normal," reports the New York Times . A drop in coronavirus cases coincided with strong hiring and increased consumer spending. More:
  • Jobs: Employers added 678,000 jobs in February, topping economists' forecasts for
...

Economists Expected Lousy Jobs Report, Got the Opposite

Employers added 467K jobs in January, way above estimates

(Newser) - Economists were expecting a lousy jobs report on Friday, but it came in much stronger than expected. Employers seem to have weathered the omicron surge in January better than anticipated. The numbers:
  • Jobs: Employers added 467,000 jobs in January, the Labor Department reported. Estimates varied widely ahead of the
...

US Hiring Misfires in December
US Hiring Misfires
in December

US Hiring Misfires in December

Employers add fewer than 200K jobs, less than half of expectations

(Newser) - The new monthly jobs figures are out for December, and they came in way under expectations. What's more, these stats are pulled from the first half of the month; in this case, that's before the omicron variant began surging in earnest, notes the AP .
  • Hiring: Employers added 199,
...

New Jobs Report Is Out, and It's Disappointing

Employers added 210K jobs, lower than expected, and that's before omicron

(Newser) - Economists had high hopes about the new monthly jobs report, but those hopes fizzled when the stats came out Friday morning. Employers heartily missed expectations in regard to new hires. The details:
  • New jobs: Employers added 210,000 jobs in November, well below expectations that were well north of 500,
...

Jobs Report Comes In Stronger Than Expected

Employers added 531K jobs in October, more than forecast

(Newser) - The new monthly jobs report is out, and it's stronger than expected. Hiring in October improved significantly over September, though it's still behind the pace set in the first half of the year. The details:
  • New jobs: Employers added 531,000 jobs in October, above expectations of 400,
...

A Swing and a Miss for September's Jobs Report

Just 194K jobs were added last month

(Newser) - US employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy, with many companies struggling to fill millions of open jobs. Friday's report from the Labor Department also showed that the unemployment rate fell...

2 Words on Jobs Report: 'Huge Disappointment'

August numbers come in far below expectations

(Newser) - The new jobs report is in for August, and lackluster might be one word to describe it. "Huge disappointment" ( CNBC ) and "surprisingly weak" (the AP ) are others. The key numbers:
  • New jobs: Employers added 235,000 jobs for the month, but that is far below
...

Hiring Rebounds in May but Falls Short of Expectations

Employers added 559K jobs, double the figure from April

(Newser) - Last month's unemployment report was a bust . The new one for May is twice as strong, though still shy of expectations. The Labor Department reported Friday that employers added 559,000 jobs last month, below expectations of about 670,000, reports CNBC . The unemployment rate, meanwhile, fell to 5....

Jobs Report Misses Expectations by a Mile
Jobs Report Misses
Expectations by a Mile
UPDATED

Jobs Report Misses Expectations by a Mile

Employers added 266K jobs, well under predictions of about 1M

(Newser) - The new unemployment report for April is out, and the takeaway number didn't come close to meeting expectations. Details:
  • The number: Employers added 266,000 jobs in the month, even though analysts had expected roughly 1 million, reports CNBC . The outlet characterizes the figure as a "huge letdown.
...

Hiring Booms as Jobs Report Exceeds Expectations

Employers added more than 900K jobs in March as unemployment falls to 6%

(Newser) - Analysts expected a strong jobs report, and the Labor Department delivered. Employers went on a hiring binge in March, and they're expected to continue for the near future. The highlights:
  • A big number: Employers added 916,000 jobs last month, reports the AP , well above expectations of about 675,
...

Jobs Number Comes In Much Worse Than Expected

Employers added 245K jobs, a big dropoff

(Newser) - The new unemployment report is out, and it has a figure that in normal times would be strong: Employers added 245,000 new jobs in November. Meanwhile, the unemployment rate dropped from 6.9% to 6.7%. But in the context of the surging pandemic, the stat about new jobs...

The Final Jobs Report Before the Election Is Out

Unemployment rate falls to 7.9%

(Newser) - The Labor Department released the final jobs report we'll have before the November election, and it was a mixed bag. The jobless rate fell further than expected, to 7.9% in September from 8.4% in August. But while the Wall Street Journal reports economists had expected about 800,...

Unemployment Rate Officially Worst Since Great Depression

Rises to 14.7% in April

(Newser) - Everyone knew the numbers were going to be bad —and the numbers are bad. The unemployment report released Friday morning shows that 20.5 million Americans lost their jobs in April as the pandemic shutdown took full effect, reports the AP . The figure is staggering but actually a bit...

The Jobs Report Is Coming. It's Going to Be Grim
'And Now, It's Gone':
What the Jobs Report Will Hold
the rundown

'And Now, It's Gone': What the Jobs Report Will Hold

US is expected to have wiped out a decade's worth of jobs

(Newser) - The monthly jobs report is out at 8:30am ET Friday, when we'll find out just how grim the April employment numbers are. The March report was "shocking," without even showing the true brunt of the coronavirus pandemic's impact since the relevant surveys end mid-month. Media...

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