Items Tagged with 'Employment'

ARTICLES

  • May's job report reveals the labor market is tightening

    Construction jobs fell by 36,000 jobs in May
    The National Employment Report indicates that private sector employment increased by only 27,000 jobs from April to May, according to the ADP Research Institute and Moody’s Analytics. ADP Research Institute Vice President Ahu Yildirmaz said May marked the smallest gain since the expansion began.
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  • Jobs Report: Private sector hiring ticks up, championed by growth in the service-providing sector

    The construction sector adds 49,000 jobs
    The National Employment Report indicates that private sector employment increased by 275,000 jobs from March to April, according to the ADP Research Institute and Moody’s Analytics. ADP Research Institute Vice President and Co-head Ahu Yildirmaz said the bulk of growth in April belongs to the service-providing sector.
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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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  • U.S. economy adds 304,000 jobs in January

    Wages for private non-farm payrolls rise to $27.56
    The unemployment rate rose to 4% in January, according to the latest Employment Situation Summary report from the U.S. Bureau of Labor Statistics. MBA Chief Economist Mike Fratantoni said although the partial government shutdown may have temporarily increased the unemployment rate, this pace of job creation will continue to support higher wages, which will likely support strong housing demand.
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  • Jobs report: National employment perseveres despite political turmoil

    Added jobs in December revised down to 263,000
    Even political headwinds couldn't prevent U.S. employment rates from increasing in nearly every sector in January, according to the ADP and Moody's Analytics National Employment Report. Moody’s Analytics Chief Economist Mark Zandi said the job market weathered the government shutdown well.
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  • U.S. economy adds 312,000 jobs in December

    Unemployment at 3.9%, fastest growth since February 2018
    The unemployment rate increased to 3.9% in December, according to the latest Employment Situation Summary report from the U.S. Bureau of Labor Statistics. According to the report, the number of unemployed persons rose 276,000 jobs to 6.3 million in December.
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  • Jobs report: Economy adds 271,000 jobs in December

    Construction jobs are on the rise
    Even stock market woes and seasonal headwinds couldn't prevent U.S. employment rates from strengthening in nearly every sector in December, according to the ADP and Moody's Analytics National Employment Report. In fact, ADP Vice President and Co-head Ahu Yildirmaz said small businesses experienced their strongest month of job growth all year.
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  • Unemployment rate holds ground at 3.7%

    Nonfarm payrolls increase by 155,000
    The unemployment rate held its ground at 3.7% in November, according to the latest Employment Situation Summary report from the U.S. Bureau of Labor Statistics. One expert said this week’s stock market volatility has markets watching November's job report closer than usual.
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  • Jobs Report: American jobs reach a plateau

    Expert says job growth decelerated slightly
    Although U.S. employment rates rose in nearly every sector in November, experts believe American jobs have reached a plateau, according to the ADP and Moody's Analytics National Employment Report. ADP Vice President and Co-head Ahu Yildirmaz said although the labor market performed well, job growth decelerated slightly.
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