jobs report

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Employers Defy Expectations on Hiring

Latest report is much stronger than expected, and Wall Street isn't thrilled

(Newser) - The latest jobs report came in much stronger than expected, but that sign of continued economic strength isn't playing well on Wall Street:
  • New jobs: Employers added 272,000 jobs in May, well above expectations of 190,000, reports CNBC . The figure is also up sharply from April's

New Jobs Report Is Weaker Than Expected
US Hiring Slows
More Than Expected

US Hiring Slows More Than Expected

Modest numbers please Wall Street

(Newser) - The nation's employers pulled back on their hiring in April in a sign that persistently high interest rates may be starting to take a bigger toll on the economy, per the AP .
  • Main number: Employers added 175,000 jobs last month, down from a robust 315,000 in March

Jobs Report Defies Expectations Yet Again

Wage growth was low, reducing inflation fears

(Newser) - America's employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates, the AP reports. Last month's job growth was up...

February Jobs Report Contained a Surprise

About 200K jobs were expected; the reality was higher

(Newser) - The February jobs report was an eagerly anticipated one, and it held a surprise. Economists had not expected a repeat of January's originally reported 353,000 new jobs, with most predicting the addition of 200,000 jobs last month. But February delivered 275,000 new jobs, a number the...

US Employers Keep Defying Expectations

They added 353K jobs in January, much higher than expected

(Newser) - A new report out of the Labor Department on Friday shows that American employers continue to hire at what the AP calls a "stunning" pace:
  • Employers added 353,000 jobs in January, well above expectations of 185,000, reports the Wall Street Journal . It's also higher than the

Hiring Once Again Defies Expectations

Employers added 216K jobs last month, higher than anticipated

(Newser) - The nation's employers added a robust 216,000 jobs last month, the latest sign that the American job market remains resilient even in the face of sharply higher interest rates. Friday's report from the Labor Department showed that December's jobs gain exceeded the 173,000 that were...

Hiring Remains Stronger Than Expected

Employers added nearly 200K jobs in November

(Newser) - The nation's employers added a solid 199,000 jobs last month and the unemployment rate fell—fresh signs that the economy could achieve an elusive "soft landing," in which inflation would return to the Federal Reserve's 2% target without causing a steep recession. Friday's report...

Jobs Report Absolutely Smashes Expectations

Dow futures dropped 200 points on the news

(Newser) - The highly anticipated September jobs report is out, and it shows employers added 336,000 jobs last month, blowing expectations out of the water. It's the biggest gain since January. The Wall Street Journal reports that economists were anticipating a gain of 170,000 jobs. The unemployment rate held...

Jobs Market Is Cooling, but With Few Layoffs

Companies are posting fewer openings, not cutting jobs

(Newser) - The nation's employers added a solid 187,000 jobs in August in a sign of a still-resilient labor market despite the high interest rates the Federal Reserve has imposed. The job growth marked an increase from July's revised gain of 157,000 but still pointed to a moderating...

Employers Add Fewer Jobs Than Expected

But the figure of 187K in July is still a solid one

(Newser) - US employers added 187,000 jobs last month, fewer than expected, as the higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5% in a sign that the job market remains resilient, per the AP . Hiring was up from 185,000 in June,...

Strong Jobs Numbers Put Dow in a Sour Mood

Job openings fall below 10M, but they remain historically high

(Newser) - US job openings slipped in May but remained at levels high enough to illustrate that the American labor market remains resilient in the face of sharply higher interest rates. Employers posted 9.8 million job vacancies, down from 10.3 million in April, the Labor Department said Thursday. But layoffs...

Jobs Report Comes in Way Stronger Than Expected

Employers added 339K jobs in May, above estimates of 190K

(Newser) - The new jobs report is out, and it shows that American employers continue to hire workers at a pace that defies expectations, reports the Wall Street Journal . More:
  • New hires: Employers added 339,000 jobs in May, well above predictions of 190,000. Economists keep expecting to see a sharp

Hiring Cools Off a Bit, Still Remains Solid

Employers added 236K jobs in March, about in line with expectations

(Newser) - America’s employers added a solid 236,000 jobs in March, reflecting a resilient labor market and suggesting that the Federal Reserve may see the need to keep raising interest rates in the coming months, per the AP . The unemployment rate fell to 3.5%, not far above the 53-year...

Powell Sees Progress Getting Inflation in Check

But Fed chief warns it will be a long process

(Newser) - Wall Street investors waited Tuesday to read the tea leaves in the latest public comments from Fed chief Jerome Powell, and they seem conflicted about the message. After Powell said the process of getting inflation in check was showing progress, the Dow quickly erased morning losses and rose more than...

Unemployment Rate Hasn't Been This Low Since 1969

Falls to 3.4%; stock market isn't happy with surprisingly strong jobs report

(Newser) - America’s employers added a robust 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates, per the AP . Analysts expected a figure of 187,000, notes the Wall Street Journal ...

Latest Jobs Report Pleases the Markets

Hiring is above expectations, but wage growth is lower, causing Dow futures to jump

(Newser) - Hiring cooled off a bit in December from the previous month, though the numbers reflect a still-strong labor market. Another part of Friday's unemployment report—on wage gains—has the stock market in a pretty good mood:
  • Hires: Employers added 223,000 jobs in December, slightly above expectations of

Hiring Is Again Stronger Than Expected

Employers added 261K jobs in October

(Newser) - The latest jobs report came in stronger than expected, which may not be great news for investors hoping the Fed eases up on rate increases. As the AP puts it, "the economy remains a picture of solid job growth and painful inflation." The details:
  • New jobs: Employers added

263K Jobs Added Last Month, Plus a Surprise Dip

Unemployment rate fell from 3.7% to 3.5%, matching a 5-decade low

(Newser) - America's employers slowed their hiring in September but still added a solid 263,000 jobs—a dose of encouraging news that may mean the Federal Reserve's drive to cool the job market and ease inflation is starting to make progress. Friday's government report showed that last month'...

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

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