Incoming U.S. Labor Market Readings Expected to Show Job Growth
Upcoming labor market readings are expected to show moderate yet healthy job growth in the U.S. A historically low unemployment rate is also expected.
Economists polled by Bloomberg forecast a rise in nonfarm payrolls of 225,000 in June. While one of the smallest increases since...
Labor Market Remains Strong as Jobless Claims Fall
The U.S. labor market remains strong despite weaknesses in other areas of the economy, this week's latest jobless claims report indicated. This comes after the national unemployment rate came in at 3.5%; marginally higher than January's half-century low of 3.4%.
Data from the Department of...
Payrolls Rise By 223,000 in Final 2022 Jobs Report
The U.S. labor market remained strong as 2022 came to an end according to the monthly jobs report for December that was released by the Labor Department on Friday.
223,000 non-farm payrolls were added in December, thereby outpacing the 202,000 payroll rise projected by Wall...
U.S. Labor Market Delivers a Surprise With Massive Job Gains
The Bureau of Labor Statistics released its labor market report for July on Friday that delivered some surprising numbers. The biggest shock was 528,000 jobs gained, which was more than double compared to the 250,000 experts predicted.
The massive job gains have brought down the...