July job growth slowed from June, the Bureau of Labor Statistics said on Friday—but analysts said that’s not necessarily a bad thing.
Tag: Unemployment
March Jobs Report Continues Strong Trend
U.S. employers added 431,000 jobs in March, the Bureau of Labor Statistics reported Friday, while the nation’s unemployment rate fell to 3.6 percent.
December Employment Up 199,000; Unemployment Rate Falls Below 4%
Total nonfarm employment rose by just 199,000 jobs in December, well below consensus expectations, as employers continued to have trouble filling open positions, the Bureau of Labor Statistics reported Friday.
November Jobs Up by 210,000; Unemployment Rate Falls to 4.2%
The November employment report followed a recent and inconsistent pattern: employment rose in November, although well below expectations, while the unemployment rate fell sharply, the Bureau of Labor Statistics reported Friday.
October Employment Bounces Back as Delta Variant Fades
Payroll employment roared back in October after tepid growth the previous two months as the U.S. began to move on from the fading coronavirus Delta variant, the Bureau of Labor Statistics reported Friday.
MBA Chart of the Week Oct. 11, 2021–Monthly Payroll Growth
Friday’s Employment Situation Summary from the U.S. Bureau of Labor Statistics indicated that job growth remained lackluster in September following similarly disappointing gains in August.
September Employment Sees 194,000 Gain; Unemployment Rate Falls to 4.8%
Total nonfarm payroll employment rose by 194,000 in September—well below expectations—but the unemployment rate fell by 0.4 percentage point to 4.8 percent, the Bureau of Labor Statistics reported Friday.
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.
MBA Chart of the Week Apr. 12 2021: Monthly Payroll Growth/Unemployment Rate
This week’s chart summarizes the recent strength of the job market. According to the Bureau of Labor Statistics, job growth accelerated sharply in March, as the economy gained 916,000 jobs over the month, the largest monthly gain since August 2020.