Tag Archives: unemployment

Payrolls rise by 223,000, unemployment rate falls to 3.5%

Payrolls rise by 223,000, unemployment rate falls to 3.5%

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

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Payrolls rise 263,000, unemployment rate holds at 3.7%

Payrolls rise 263,000, unemployment rate holds at 3.7%

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

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U.S. payrolls grew by 261,000 in October, unemployment rate rises to 3.7%

U.S. payrolls grew by 261,000 in October, unemployment rate rises to 3.7%

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

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U.S. payrolls grew by 263,000 in September, unemployment rate falls to 3.5%

U.S. payrolls grew by 263,000 in September, unemployment rate falls to 3.5%

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

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U.S. economy adds 528,000 jobs in July, unemployment rate falls to 3.5%

U.S. economy adds 528,000 jobs in July, unemployment rate falls to 3.5%

The U.S. labor market remained red-hot in July despite expectations job growth would cool as tighter monetary conditions and company layoffs stoked fears of a recession. The Labor Department released its latest monthly jobs report at 8:30 a.m. ET on Friday. Here were the key numbers from the report, compared to economist estimates compiled by Bloomberg: Non-farm payrolls: +528,000 vs. +250,000 Unemployment rate: 3.5% vs. 3.6% Average hourly earnings, month-over-month: +0.5% vs. +0.4% Average… Source link

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US economy adds 372,000 jobs, unemployment rate steady at 3.6%

US economy adds 372,000 jobs, unemployment rate steady at 3.6%

The U.S. labor market remained a bright spot in the economy last month despite mounting talks of a recession, data from the Labor Department showed Friday. Here are the key numbers from Friday’s report: Non-farm payrolls: +372,000 vs. +268,000 expected and a revised +384,000 in May Unemployment rate: 3.6% vs. 3.6% expected and 3.6% in May Average hourly earnings, month-over-month: +0.3% vs. +0.3% expected and a revised +0.4% in May Average hourly earnings, year-over-year: +5.1% vs. +5.0%… Source link

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Payrolls rise by 428,000 as unemployment rate holds at 3.6%

Payrolls rise by 428,000 as unemployment rate holds at 3.6%

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

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Payrolls rise by 678,000 as unemployment rate falls to 3.8%

Payrolls rise by 678,000 as unemployment rate falls to 3.8%

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

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