The U.S. economy added only 75,000 jobs in May. Does that lend credence to the likelihood that the Federal Reserve is preparing for a rate in the near term? RSM US Chief Economist Joe Brusuelas weighs in on this podcast with the Wall Street Journal's Charlie Turner on Friday, June 7. "The weakness in goods-producing and manufacturing (jobs) has now ... READ MORE >
jobs
US employment report–April springs ahead
A dynamic U.S. labor market did not disappoint in April as the private sector created 236,000 new jobs and government added 27,000 for a net gain of 263,000 on the month. The monthly report from the Bureau of Labor Statistics saw the unemployment rate decline to 3.6 percent, the lowest level since December 1969. Upward revisions to the previous two months ... READ MORE >
ADP private sector payroll estimate: Strong gains in middle market hiring
The ADP April estimate of private sector hiring released on Wednesday pointed to strong hiring by middle market businesses amid robust service sector and goods producing sector hiring. The middle market accounted for 52.7 percent, or 145,000 out of 275,000, of the total change in private sector employment. Small firms added 77,000 jobs, or 28 percent of ... READ MORE >