Tag Archives: Payrolls

The last read on U.S. job growth in 2022 showed the labor market remained strong in the final month of the year, even as the Federal Reserve raised interest rates to the highest level in 15 years. The Labor Department published its monthly jobs report for December at 8:30 a.m. ET on Friday. Here are highlights from the release, compared to Wall Street estimates compiled by Bloomberg: Non-farm payrolls: +223,000 vs. +202,000 expected Unemployment rate: 3.5% vs. 3.7% expected Average hourly… Source link

You can criticize New York Mets owner Steve Cohen’s approach. You can bemoan his seemingly unlimited budget and post a thread on Twitter about how this is “bad for the game.” But you can’t deny one thing: Cohen desperately wants to win. After signaling in March that he didn’t care about the luxury tax, Cohen has backed up that assertion this offseason. With the reported signing of Carlos Correa on Wednesday, the Mets’ offseason spending splurge jumped to an unfathomable $806.1 million. As a… Source link

Job growth slightly abated in November alongside rising interest rates but reflected stronger-than-expected hiring momentum, even as worries of a recession grow. The Labor Department released the monthly jobs report for November at 8:30 a.m. ET on Friday. Here are the highlights, compared to Wall Street estimates compiled by Bloomberg: Non-farm payrolls: +263,000 vs. +200,000 expected Unemployment rate: 3.7% vs. 3.7% expected Average hourly earnings, month-over-month: +0.6% vs. +0.3%… Source link

The U.S. economy added more jobs than expected in October even as the Federal Reserve pressed on with the central bank’s most aggressive monetary tightening campaign in decades. Here are the highlights from the Labor Department’s monthly jobs report released Friday, compared to consensus estimates from Bloomberg: Non-farm payrolls: +261,000 vs. +195,000 expected Unemployment rate: 3.7% vs. 3.6% expected Average hourly earnings, month-over-month: +0.4% vs. +0.3% expected Average hourly earnings,… Source link

Job growth slowed for a second month in September as a series of supersized interest rate hikes permeated the U.S. economy, but the softer non-farm payroll gain is still unlikely to deter policymakers from aggressive monetary action to fight inflation that remains at a decades-high. Here are highlights from the latest monthly jobs report released by the Labor Department on Friday, compared to consensus estimates from Bloomberg. Non-farm payrolls: +263,000 vs. +255,000 expected Unemployment… Source link

U.S. job growth remained robust in April as the unemployment rate held near its pre-virus low, further underscoring the still-tight domestic labor market. The Labor Department released its monthly jobs report for April Friday morning at 8:30 a.m. ET. Here were the main metrics from the print, compared with consensus data compiled by Bloomberg: Non-farm payrolls: +428,000 vs. +380,000 expected and a revised +428,000 in March Unemployment rate: 3.6% vs. 3.5% expected, 3.6% in March Average hourly… Source link

U.S. private sector employers brought back slightly more jobs than expected in March as the economy faced ongoing labor shortages and widespread vacancies. Private sector payrolls rose by 455,000 in this past month, ADP said in its latest report Wednesday. Consensus economists were looking for 450,000 jobs to return, according to Bloomberg data. In February, employers brought back 486,000 payrolls, based on ADP’s upwardly revised monthly print. The private services sector saw jobs return… Source link

The U.S. economy added back the most jobs since July 2021 in February, with job growth accelerating even in the already-tight labor market as new Omicron cases from earlier this year came down. The Labor Department released its February jobs report Friday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Non-farm payrolls: +678,000 vs. +423,000 expected and an upwardly revised +481,000 in January Unemployment rate: 3.8% vs. 3.9%… Source link

U.S. private-sector employers brought back more jobs than expected in February as virus-related disruptions receded following the Omicron variants spread. Private payrolls rose by 475,000 in February compared to January, ADP said Wednesday. Economists were looking for payrolls to grow by 375,000, according to Bloomberg consensus data. February’s report also came alongside a sharp upward revision to January’s payrolls. In January, private sector employment rose by 509,000, ADP said in its… Source link

U.S. employers added back far more jobs than expected in January even as Omicron cases surged at the beginning of the new year. The Labor Department released its January jobs report Friday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Non-farm payrolls: +467,000 vs. +125,000 expected and a revised +510,000 in December Unemployment rate: 4.0% vs. 3.9% expected, 3.9% in December Average hourly earnings, month-over-month: 0.7%… Source link