Tag: unemployment rate

December 2, 2022

The Labor Department’s Bureau of Labor Statistics said the economy added 263,000 jobs in November, higher than the anticipated 200,000; and the unemployment rate held steady at 3.7 percent. But there are troubling trends in Friday’s employment report: Despite the […]

September 2, 2022

The U.S. dollar, as measured by the DXY index, maintained a slightly bearish bias after the NFP report crossed the wires despite the U.S. Treasury yields’ attempt to perk up. However, the greenback could resume its ascent soon as the […]

March 4, 2022

Non-farm payrolls added a whopping 678,000 jobs in February, well above the consensus estimate of 400,000; and the unemployment rate dropped two-tenths of a point to 3.8 percent, the lowest of Biden’s presidency, the U.S. Bureau of Labor statistics reported […]

July 2, 2021

Total nonfarm payroll rose by 850,000 in June, the strongest number of the year so far, and well above the 583,000 (revised) jobs added in May. The 850,000 jobs added exceeds analysts’ estimates, which ran as high as 700,000 for […]

April 2, 2021

As more cities and states reopen, the number of jobs created and the number of employed Americans continues to substantially increase. In March, according to the Bureau of Labor Statistics, the economy added a whopping 916,000 jobs, compared with +468,000 […]

December 16, 2020

The Federal Reserve dialed up its economic expectations slightly for the end of this year as well as for 2021, according to the central bank’s Summary of Economic Projections released on Wednesday. The central bank now expects real gross domestic […]

December 4, 2020

The U.S. economy added back the smallest number of jobs in seven months in November, as the labor market endured mounting pressure from the coronavirus pandemic while businesses wait for a vaccine to be distributed next year. The U.S. Department […]

November 6, 2020

October marked the sixth straight month of post-pandemic employment gains, as the economy added 638,000 jobs and the nation’s unemployment rate dropped to 6.9 percent, a point below September’s 7.9 percent and far lower than the record-shattering, COVID-induced 14.7 percent […]

October 2, 2020

The US economy saw another 661,000 jobs added back in September and a modest improvement in the unemployment rate, as the recovery in the labor market continues as a stagnating rate. The Labor Department released its September jobs report Friday […]

March 6, 2020

Nonfarm payrolls grew far more than expected in February as companies continued to hire leading into a growing coronavirus scare. The Labor Department reported Friday that the U.S. economy added 273,000 new jobs during the month, while the unemployment rate […]

May 3, 2019

Economists expect that the job market remained strong in April, and the economy added 190,000 jobs, about the same as March. Markets were already on edge heading into the Friday employment report, and economists point to some variables that could […]

December 7, 2018

The U.S. saw declining jobs growth last month, keeping the unemployment rate at a half-century low even amid signs that the economy might be slowing down. A report from the Labor Department on Friday showed that nonfarm payrolls rose by […]