We expect an increase of 178,000 in total employment when the Bureau of Labor Statistics releases its first estimate of nonfarm payrolls on Friday, with the unemployment rate holding steady at 3.6%. … READ MORE >
jobs report
Jobs report: Strong growth amid slow wage gains, but uncertainties remain
The economy began the year with a strong pace of growth in the labor market, generating 225,000 jobs, but uncertainties point to modest activity ahead. … READ MORE >
Jobs report preview: Expect slightly slower hiring in January
We expect the economy to generate 155,000 new jobs in the January 2020 employment report, somewhat slower than the 176,000 monthly average observed in 2019. … READ MORE >
Women outnumber men in the workforce, and the middle market must adapt
The December U.S. Employment Report provided a sign that the U.S. labor market, economy and the basic relationship between work and the individual has now reached tipping point. Women now outnumber men in the workforce by 50.04% to 49.96%. … READ MORE >
U.S. added 145,000 jobs in December as women now outnumber men in the workforce
Hiring in the economy closed out the year with a gain of 145,000 jobs in December, making for a overall increase of 2.1 million in 2019, the Labor Department reported on Friday. That figure represents a modest decline compared to a gain of 2.7 million in 2018 and is down from the cyclical high of a little more than 3 million jobs added in 2014. … READ MORE >
Jobs report preview: Expect a cooler December
We expect a net gain of 145,000 in December hiring with downside risk linked to late-year seasonal adjustments and a slower pace of hiring. This slower pace is implied by the hiring data within the ISM Service Sector report and an accelerating pace of contraction within the ISM Manufacturing survey. … READ MORE >
Expect a solid jobs report on Friday, despite manufacturing’s weakness
The November nonfarm payrolls report will be released Friday, and despite early reports of softness in manufacturing, we still expect a net increase in total employment of 165,000 jobs and the unemployment rate to hold at 3.6%, thanks to a healthier service sector. … READ MORE >
The jobs report comes out Friday. Put a big asterisk on it because of the GM strike.
We expect the U.S. employment report to show a net increase of 75,000 in total employment, well below the three-month average of 157,000. … READ MORE >