Items Tagged with 'jobs report'

ARTICLES

  • Employment surges in January lead by construction jobs increase

    Average hourly earnings increase at fastest pace since 2009
    Jobs increased in January, lead in part by gains in construction employment. But experts were especially interested in this month’s wage growth, which posted the highest annual increase since 2009. However, not everyone saw January’s wage growth as a positive sign.
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  • Experts: 2018 set to be best economic year since housing crisis

    Increase in construction jobs is just what housing market needed
    Although December’s job report numbers disappointed experts’ expectations, many explained that the end-of-year increase in construction jobs is just what the housing market needed. One expert explained that despite the lower than expected increase in December, the jobs market remains strong, and is a key reason why the economy is poised for its best year since the crisis in 2018.
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  • ADP predicts employment increase of 190,000 in November

    But says construction will fall
    Job growth will slow in November to an increase of 190,000 new jobs, according to the ADP and Moody's Analytics National Employment Report. And while ADP’s report isn’t always the most accurate prediction of how many jobs will be added in any given month, another expert agrees with this forecast, saying 200,000 new jobs will be added in November.
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  • Fed member pencils in December interest rate hike

    Members undeterred by September job loss
    The most recent employment report from the Bureau of Labor Statistics showed jobs fell by 33,000, the first decrease since 2010. However, even after this significant loss, Philadelphia Fed President Patrick Harker explained the Fed still plans to raise rates in December.
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  • Hurricanes pull down job growth in September

    Small business struggle to hire skilled talent
    The most recent ADP employment report predicts an increase of just 135,000 jobs in September. And while ADP may not always hit the nail on the head, it serves as a general measure for the trend of the jobs market. Or does it?
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  • Job creation increase misses the mark in August

    Slowdown not caused by Hurricane Harvey
    Employment increased in August, but the jump was significantly lower than predicted and last month’s increase. The Bureau of Labor Statistics explained the job numbers for August were not affected by Hurricane Harvey. But on the positive side of things, construction jobs saw a much-needed increase.
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