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Unemployment ticks down, labor market remains strong, latest numbers show
A month before voters cast their ballots, the U.S. Bureau of Labor Statistics released a report showing a strong labor market with growing wages, a lower unemployment rate, and the addition of 254,000 jobs to the economy.
US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market
America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy.
As the labor market cools, keep an eye on this number in the jobs report
It looks at the concentration of job growth. When it's above 50, more industries added jobs than shed them that month.
The Labor Market in Charts: How Unemployment Has Trended Since 2021
Ahead of this morning's payrolls report, here is a look at how unemployment has trended in recent years. After hitting a trough of 3.4% early last year, the lowest in more than half a century, the r
US job openings rise to 8 million as labor market remains sturdy
The Labor Department reported Tuesday that employers posted 8 million vacancies in August, up from 7.7 million in July. Economists had expected openings to be virtually unchanged. Openings were up in construction and in state and local government.
US adds a robust 254,000 jobs in sign of still-sturdy labor market
Last month’s hiring gain was up sharply from the 159,000 jobs that were added in August, and the unemployment dropped from 4.2 percent to 4.1 percent, the Labor Department said Friday.
U.S. Added 100,000 More Jobs Than Expected Last Month As Labor Market Rockiness Eases
The last two weaker-than-expected job reports set off alarms about the health of the U.S. labor market and the potential for a recession, though most economists be
US Jobs Report Is Expected to Show Stable Growth in September
Economists anticipate that hiring picked up slightly in September while the unemployment rate held steady at 4.2%, an outcome that would assuage any lingering concerns that labor demand is deteriorating.
U.S. job growth blows past expectations, unemployment rate falls
WASHINGTON >> U.S. job gains increased by the most in six months in September and the unemployment rate fell to 4.1%, pointing to a resilient economy that likely does not need the Federal Reserve to deliver large interest rate cuts for the rest of this year.
5h
on MSN
The job market is in the 'Twilight Zone,' top economist Claudia Sahm says
"One month does not make a trend, and even with the Federal Reserve cutting interest rates, a sustained turnaround in hiring ...
2d
on MSN
Jobs report upshot: Economy, labor market are strong, Fed on track for 25-bp cut
"This month, the labor market looks stronger than we previously thought," Dan North, senior economist at Allianz Trade North ...
2d
on MSN
U.S. Labor Market Shows Unexpected Strength, Adding 254,000 Jobs in September
Many have doubted it. Even the optimists have worried about it. But despite the hand-wringing, the American economy appears ...
6d
on MSN
A sign of strength in the labor market: Job openings increased in August
The number of available jobs in the US grew in August, signaling an undercurrent of strength in the labor market at a time ...
Marketplace
6h
Why labor force participation has stayed about the same for years, apart from the pandemic
Aside from the pandemic, labor force participation has hovered at around 62.7% for a while, even as baby boomers retire.
5d
These 3 indicators are pointing to a healthy labor market similar to the pre-pandemic boom, according to Goldman Sachs
Investors shouldn't be anxious about the labor market preventing a soft landing, says Goldman's Joseph Briggs. 3 indicators ...
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