The slow hire, slow fire economy remained intact in August as the demand for new workers continued to sag, resulting in the creation of 22,000 jobs. … READ MORE >
U.S. jobs report
Market Minute: U.S. August jobs report to show mild gain of 45,000
We anticipate that the unemployment rate will climb to 4.3% while average hourly earnings will advance by 0.3% on the month. … READ MORE >
The big chill hits the labor market as job creation cools in July
Job creation in July slowed to 73,000 in July on the back of a large downward revision of 258,000 in May and June, capturing a big chill spreading out over the domestic economy and labor market. In addition, the unemployment rate rose to 4.2%, but that increase was partially masked … … READ MORE >
Market Minute: U.S. July jobs report preview
We expect a net gain of 150,000 jobs and an increase in the unemployment rate to 4.2% when the U.S. employment report for July is released on Friday. … READ MORE >
U.S. June jobs report: Do not judge a book by its cover
Outside of a one-time, non-replicable increase of 80,000 state and local jobs in June, the labor market, like the economy, is cooling. … READ MORE >
Market Minute: U.S. June jobs report preview
We forecast an increase of 100,000 in nonfarm payrolls when the report for June is released on Thursday, down from 139,000 in May, and an increase to 4.3% in the unemployment rate. … READ MORE >
U.S. job creation continues to cool as tariffs begin to take hold
Job creation continued to cool in May as the economy created 139,000 jobs, just above the RSM forecast of 125,000, and the unemployment rate held steady at 4.2%. … READ MORE >
Market Minute: May jobs report to reflect a modest cooling
We expect a gain of 125,000 jobs and a modest increase in the unemployment rate to 4.3% when the U.S. employment report for May is released on Friday. … READ MORE >
Market Minute: Part-time employment boosted jobs numbers, but it won’t last
The rise in transportation and warehousing employment in April can be attributed to businesses front-running the tariffs. … READ MORE >
Last call on the current business cycle? U.S. added 177,000 jobs in April.
The labor market expanded at a solid pace in April, which should be taken as a positive given the price shock that will soon begin showing up. … READ MORE >