We expect the U.S. jobs report for February to show a net increase in employment of 160,000 and an unemployment rate of 4%. … READ MORE >
Bureau of Labor Statistics
Morning market minute: The divergent unemployment rates of foreign-born and native-born workers
The unemployment rate of native-born workers stood at 3.7% through the end of last year, compared with the 4.3% jobless rate of foreign-born workers. … READ MORE >
Job openings inch down as economy stays on track for a soft landing
Job openings cooled in back-to-back months to 8.86 million in January with December’s figure revised down to 8.89 million from 9.03 million previously, according to the Bureau of Labor Statistics. … READ MORE >
Job openings exceed 10 million as labor market imbalance widens
With 10.1 million job vacancies in April, the openings-to-unemployed ratio—a proxy for labor demand and supply mismatches—surged to 1.79 from 1.64 previously. … READ MORE >
Jobless claims and producer prices point to a further slowdown
For the Federal Reserve, the new data bolstered the case that it will pause its rate increases after one final hike in this cycle on May 3. … READ MORE >
Food manufacturing job numbers could signal slowing food inflation
Last Friday’s jobs report brought good news for the food manufacturing industry and a potential signal that surging food costs may begin to temper. … READ MORE >
U.S. April jobs report: Another month of solid payroll gains
Sustained strength in wages continues to attract workers back into the American labor force which resulted in a net increase of 428,000 in April. … READ MORE >
Robust job openings data might accelerate Fed’s rate hikes
Job openings in February came in blazing hot again at 11.3 million, which translated into 1.8 jobs available per unemployed worker, the Bureau of Labor Statistics reported on Tuesday. … READ MORE >
U.S. January jobs report shows strong gains and significant upward revisions
The net increase of 467,000 in total employment on the back of a significant upward revision to the December estimate, from a gain of 199,000 to 510,000, affirms what the household survey has implied for the past two months: The U.S. economy is quickly approaching full employment. … READ MORE >
Chart of the day: Job openings rise to second highest on record as quit rate slowed
Job openings, a proxy for labor demand, reached 11.03 million, exceeding 11 million for the second time on record, slightly lower than the all-time high set in July. … READ MORE >