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Employment figures

Nonfarm payroll growth revised down by 818,000, Labor Department says

by Walter Watson
Nonfarm payroll growth revised down by 818,000, Labor Department says

The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday. As part of its preliminary annual benchmark revisions …

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U.S. job gains totaled 272,000 in May

by Walter Watson
U.S. job gains totaled 272,000 in May

The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market and likely reducing the Federal Reserve’s impetus to lower interest …

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U.S. job growth totaled 175,000 in April

by Walter Watson
U.S. job growth totaled 175,000 in April

The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, reversing a trend of robust job growth that had kept the Federal Reserve cautious as …

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Here’s what to expect from the April jobs report on Friday

by Walter Watson
Here’s what to expect from the April jobs report on Friday

A jobseeker takes a flyer at a job fair at Brunswick Community College in Bolivia, North Carolina, on April 11, 2024. Allison Joyce | Bloomberg | Getty Images Hiring likely …

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ADP jobs report April 2024: 192,000 jobs added

by Ron Morgan
ADP jobs report April 2024: 192,000 jobs added

Private payrolls increased at a faster-than-expected pace in April, indicating there are still plenty of tail winds for the U.S. labor market, according to ADP. The payrolls processing firm reported …

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Something strange has been happening with jobless claims numbers lately

by Walter Watson
Something strange has been happening with jobless claims numbers lately

A “Now Hiring” sign is displayed on a shopfront on October 21, 2022 in New York City. Leonardo Munoz | View Press | Corbis News | Getty Images Calling the …

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Fed caution may be justified if the labor market starts to deteriorate

by Walter Watson
Fed caution may be justified if the labor market starts to deteriorate

March’s robust job gains may push the Federal Reserve into a more cautious stance regarding potential rate cuts, with conflicting signs emerging about the labor market’s strength. After the Labor …

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Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%

by Walter Watson
Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%

Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and resilient labor market. Nonfarm payrolls increased 303,000 for the month, …

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Job gains expected again in March. What to look for in Friday’s report

by Walter Watson
Job gains expected again in March. What to look for in Friday’s report

A person works on a Bowlus recreational vehicle at Bowlus’ factory in Oxnard, California, Feb. 23, 2024. Timothy Aeppel | Reuters The March nonfarm payrolls count likely will indicate hiring …

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Australia’s central bank warns of another tough year for borrowers, businesses

by Walter Watson
Australia’s central bank warns of another tough year for borrowers, businesses

The Australian Flag is seen on June 25, 2017 in Melbourne, Australia. Darrian Traynor | Stringer | Getty Images Australia’s central bank expects another tough year for households and businesses, signaling little rate relief in months ahead, but …

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