U.S. employers added 235,000 jobs in August—considerably below July’s massive 1.05 million job gain—as the economy struggled to hold momentum amid rising Delta variant coronavirus cases, the Bureau of Labor Statistics reported Friday.
Tag: Bureau of Labor Statistics
Hiring Heats Up in July
The labor market surged again in July with 943,000 new jobs created, the Bureau of Labor Statistics reported Friday.
June Jobs Report Blows Past Expectations
Total nonfarm employment increased by 850,000 in June, the Bureau of Labor Statistics reported Friday, well above expectations amid rising demand for services hit hard by the coronavirus pandemic.
MBA Chart of the Week June 28 2021: Total Job Openings, Hires and Quits
In this week’s MBA Chart of the Week, we examine the monthly data series on job openings, hires and separations produced by the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS) program.
May Employment Up 559,000; Unemployment Rate Drops to 5.8%
Total nonfarm payroll employment rose by 559,000 in May, the Bureau of Labor Statistics reported Friday—up substantially from May’s tepid numbers but still below consensus expectations, as hiring slowly recovers from the coronavirus pandemic.
April Jobs Numbers Come in Well Below Consensus
In the days ahead of last Friday’s employment report from the Bureau of Labor Statistics, prognosticators went big, with consensus anticipating nearly one million new April jobs and even one economist confidently predicting 2.1 million new jobs. Alas, nearly everyone was wrong.
ADP: April Employment Jumps by 742,000
Ahead of this Friday’s Employment report from the Bureau of Labor Statistics and this morning’s Initial Claims report from the Labor Department, ADP, Roseland, N.J. said private-sector employment jumped by 742,000 jobs from March to April.
February Sees Strong 379K Job Gain
Employers added an impressive 379,000 jobs last month, the Bureau of Labor Statistics reported Friday, welcome news for an economy still struggling with the loss of millions of jobs resulting from the coronavirus pandemic.
January Employment Picture Brightens a Little
Employers added 49,000 jobs in January, the Bureau of Labor Statistics reported Friday. And while the unemployment rate fell from 6.7% to 6.3%, Americans are still dealing with nearly 10 million jobs fewer than a year ago as a result of the coronavirus pandemic.
4th Quarter GDP Slows after Explosive 3Q Rebound
Gross domestic product increased at an annual rate of 4 percent in the fourth quarter, according to the “advance” estimate released yesterday by the Bureau of Economic Analysis.