Employers Add 235,000 August Jobs

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.

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.

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.

MBA Chart of the Week: Unemployment Insurance Continued Claims

The COVID-19 pandemic continued to impact the labor market to close 2020. Friday’s release from the Bureau of Labor Statistics showed that faster layoffs led to a loss of 140,000 jobs in December and kept the headline unemployment rate (U-3) at 6.7 percent.

Consumer Confidence Dips for 2nd Straight Month

The Conference Board, New York, said its Consumer Confidence Index declined in December, the second straight monthly decline economic uncertainty following a resurgence in the coronavirus pandemic.