Items Tagged with 'Employment'

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  • U.S. economy adds only 20,000 jobs in February

    Unemployment rate retreats to 3.8%
    The U.S. economy added only a meager 20,000 jobs in February, according to the latest Employment Situation Summary report from the U.S. Bureau of Labor Statistics. The National Association of Federally-Insured Credit Unions Chief Economist Curt Long said that one poor report should not set off alarm bells, but given that the labor market is the linchpin for the entire economy, it does add to existing concerns.
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  • Jobs Report: Economic headwinds dampen job growth in February

    Private sector employment increased by 183,000 jobs
    In February, U.S. employment rates increased in nearly every sector, according to the ADP and Moody's Analytics National Employment Report. However, Moody’s Analytics Chief Economist Mark Zandi says both the economy and job growth have began to throttle backwards.
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  • ADP: Economy adds 227,000 jobs in October

    Construction jobs continue to rise
    U.S. employment rates climbed further, rising in every sector in October, according to the ADP and Moody's Analytics National Employment Report. ADP Research Institute Vice President and Co-Head Ahu Yildirmaz said despite a significant shortage in skilled talent, the labor market continues to grow.
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  • September jobs report: Unemployment falls to 3.7%

    Non-farm payrolls increased by 134,000
    The unemployment rate moderately fell to 3.7% in September, according to the latest Employment Situation Summary report from the U.S. Bureau of Labor Statistics. One expert said although September’s wage increase pales in comparison to growing home prices, any increase is helpful for buyers trying to get in the market.
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  • ADP: Employment increases 230,000 jobs in September

    Construction jobs are on the rise
    U.S. employment rates continue to climb, increasing in nearly every sector in September, according to the ADP and Moody's Analytics National Employment Report. ADP Research Institute Vice President and Co-Head Ahu Yildirmaz said the labor market continues to impress.
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  • August jobs report: Unemployment holds steady at 3.9%

    Non-farm payrolls increased by 201,000
    The unemployment rate in August remained at 3.9%, according to the latest Employment Situation Summary report from the U.S. Bureau of Labor Statistics. One economist said the 9 year high in wage growth ensures the federal government will raise rates at their meeting later in September.
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  • ADP: Employment increases 219,000 in July

    Construction jobs increase from last month
    U.S. employment rates continue to rise, increasing in almost every sector in July, according to the ADP and Moody's Analytics National Employment Report. ADP Research Institute Vice President and Co-Head Ahu Yildirmaz said the labor market is on a roll with no signs of a slowdown in sight.
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  • ADP: Employment increases 177,000 in June

    Construction jobs are steadily increasing
    As unemployment rates fall, the labor market is expected to reach full employment, according to the ADP and Moody's Analytics National Employment Report. But Moody Chief Economist of Analytics Mark Zandi believes that business’ number one problem is finding qualified workers, and as the rate of employment increases the problem will worsen.
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  • Jobs increase falls below expectations in March

    Construction job growth drops by 15,000
    Total jobs growth in March increased, but far below experts’ expectations, and much-needed construction jobs decreased. However, one expert pointed out the decrease in construction jobs could be due to this year’s harsh winter.
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