The U.S. economy added 216,000 jobs in December, closing out an extraordinary year that saw an increase of 2.7 million in total employment and a record 167 million Americans employed. … READ MORE >
jobs report
Initial jobless claims tick up in a still-tight labor market
New filings rose 2,000 to 207,000 for the week ending Sept. 30, lower than the median forecasts of 210,000. … READ MORE >
Manufacturing sector gained jobs in June, labor shortage remained
Even with the job growth in June, the softening in the manufacturing job market has continued since November as the sector adapts to the slowdown in overall manufacturing activity. … READ MORE >
Tech employment levels off; layoffs may be shifting toward middle market
Tech employment fluctuations have calmed over the past few months as layoff announcements from large public technology companies slow. … READ MORE >
June jobs preview: Low unemployment shows a rapidly evolving labor market
We expect this strength to continue when the June employment report is released next Friday. Our provisional forecast implies a net gain of 225,000 jobs and an unemployment rate of 3.7%. … READ MORE >
Economy added 339,000 jobs in blowout May employment report
The unemployment rate increased to 3.7% as workers rejoined the labor force. … READ MORE >
AI advancements may be easing impact of tech sector layoffs
Two focus areas in the technology sector so far this year—advancements in generative artificial intelligence and industry layoffs—may be offsetting each other when it comes to their net impact on the tech workforce. … READ MORE >
Canada jobs report tops forecasts, showing resilience amid recession fears
Canada’s March job report came out hotter than expected, adding more pressure on the Bank of Canada’s fight against inflation. … READ MORE >
U.S. manufacturing payrolls negative for first time in 21 months
The negative figure wasn’t unexpected; the soft manufacturing labor data is simply catching up to the slowdown in activity. … READ MORE >
U.S. job creation remains robust, implying more aggressive rate hikes
February showed a 311,000 net change in total employment amid a 3.6% unemployment rate and 4.6% increase in average hourly earnings on a year-ago basis. … READ MORE >