The labor market is tightening, and wages are rising in what is the best labor market for workers since the late 1990s. … READ MORE >
jobs report
U.S. October jobs report: Hiring booms as unemployment falls to 4.6%
The October U.S. employment report released on Friday showed an increase of 531,000 jobs and a decline of roughly 255,000 in the jobless rolls as the unemployment rate fell to 4.6%. … READ MORE >
ADP private payrolls: Large companies continue to attract workers
The ADP estimate for nonfarm private employment in October continued to show an increase in net job gains, led by a sharp rise from small service-providing companies as the delta variant’s surge crested. … READ MORE >
U.S. jobs report preview: Expect a gain of 475,000 in October
When the October U.S. employment report is released on Friday, a central area of focus will be on the potential return of women in their prime working years to the labor force. … READ MORE >
September U.S. jobs report: One-time factors dampen hiring as unemployment rate falls to 4.8%
Widespread disruption to supply chains, the impact of Hurricane Ida, modest delays in the reopening of schools and day care centers and seasonal noise in the employment data all combined to dampen hiring in September. … READ MORE >
U.S. September jobs preview: Expect a modest gain amid special factors and seasonal adjustments
The U.S. September employment report will most likely feature a net change in total employment of 375,000 and a decline in the unemployment rate to 5.1% when it is released on Friday. … READ MORE >
August jobs report preview: Expect a hint of delta drag on hiring
We expect an increase in total employment of 600,000 in August with the chance of a stronger number linked to seasonal hiring in education when the jobs report is released on Friday. … READ MORE >
July employment report: Robust gains mark summer hiring peak
The U.S. economy is expanding in a robust manner and it should be of little surprise that hiring is on a tear, averaging 831,000 new jobs over the past three months as the service sector continues to gain pace. … READ MORE >
Jobs report preview: Education and service hiring to drive gains in July
We expect a net increase in total employment of 950,000 and a decline to 5.7% in the unemployment rate when the Bureau of Labor Statistics releases its jobs report on Friday. … READ MORE >
CHART OF THE DAY: April JOLTS data shows tightening in the labor market, but it’s nothing new
The federal government’s job openings and labor turnover data for April, also known as JOLTS, implies that while the labor market has tightened, this is nothing new. … READ MORE >