In February 2026, with job losses in health care due to labor strikes, there was nothing left to support aggregate job growth, and total nonfarm payrolls declined by 92,000. Furthermore, job growth for December and January was revised down by a total of 69,000. Wage growth increased slightly to 3.8% over the past year.
Tag: Mike Fratantoni
Job Market Softens; MBA Economist Weighs In
February’s job creation was weaker than expected as employers cut more than 90,000 positions.
Job Growth Starts 2026 on a Stronger Note; Fratantoni Weighs In
The U.S. economy added 130,000 nonfarm jobs in January, exceeding consensus expectations.
Employment Growth Rate Slows; Industry Economists Weigh In on Latest Jobs Data
The pace of employment growth slowed in December to 50,000, in line with the average pace of 49,000 for all of 2025, the U.S. Bureau of Labor Statistics reported Friday.
Unemployment Rate Rises; Industry Economists Weigh in on Latest Jobs Data
The delayed report released Dec. 16 by the Bureau of Labor Statistics showed 64,000 jobs were added in November, with the unemployment rate up slightly to 4.6%.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Market Committee cut the federal funds rate target by 25 basis points on Dec. 10.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Markets Committee cut the federal funds rate target by 25 basis points Oct. 29.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Markets Committee cut the federal funds rate target by 25 basis points Sept. 17.
Jobs Up by 22,000 in August, Unemployment at 4.3%, BLS Reports
The Bureau of Labor Statistics released August jobs data Friday morning, finding that total nonfarm payroll employment ticked up by 22,000, and the unemployment rate is little changed at 4.3%.
MBA Chart of the Week: Monthly Payroll Growth and Unemployment
Job growth slowed to just 22,000 jobs in August and estimates for the prior two months were revised down by 21,000.