Private-sector employers shed 32,000 jobs in September, according to payroll processor ADP, signaling a sharp and unexpected slowdown in the U.S. labor market as the government shutdown delays official data releases. The report, released Wednesday, showed the first monthly decline in private payrolls since early 2023. Economists surveyed by Wall …
Read More »U.S. Job Growth Stalls as Trump Faces Mounting Economic Pressures
U.S. job growth nearly came to a halt in August, with the economy adding just 22,000 jobs, far short of expectations, the Bureau of Labor Statistics reported Friday. The weak reading, coupled with an uptick in unemployment to 4.3%, is fueling concerns that President Donald Trump’s economic policies are pushing …
Read More »Trump Fires U.S. Labor Stats Chief After Disappointing Jobs Report
President Donald Trump on Friday fired Bureau of Labor Statistics (BLS) Commissioner Erika McEntarfer just hours after the release of a dismal jobs report, accusing her of manipulating employment data to damage his administration politically. The abrupt termination follows the BLS’s announcement that only 73,000 jobs were added in July …
Read More »U.S. Job Growth Craters in July as Trump Tariff Impact Begins to Bite
The U.S. job market showed alarming weakness in July, with just 73,000 new jobs added and deep revisions to prior data suggesting economic conditions are far worse than previously believed. The latest report from the Bureau of Labor Statistics, released Friday, left the unemployment rate unchanged at 4.2%. But the …
Read More »Private Sector Jobs Fall Unexpectedly in June, Raising Economic Concerns
Private sector hiring unexpectedly contracted in June, payrolls processing firm ADP reported Wednesday, marking the first monthly decline in job growth since March 2023 and raising questions about the underlying strength of the U.S. economy. In a sharp contrast to Wall Street expectations, private payrolls shrank by 33,000, well below …
Read More »December Jobs Report: Wages Up, Hiring Steady As Job Market Ends Year Strong
Casey Quinlan, Virginia Mercury Friday’s jobs data showed a strong, resilient U.S. labor market with wages outpacing inflation — welcome news for Americans hoping to have more purchasing power in 2024. The December jobs report unveiled another unemployment rate below 4%, as it has for two years, at 3.7%, the …
Read More »Jobs Report Surprises As Employers Add 336,000 Jobs In September
Casey Quinlan Employers continued their hiring streak in September, surprising economists by boosting jobs for workers in restaurants, health care, and government. The Bureau of Labor Statistics monthly jobs report, released Friday, showed a gain of 336,000 jobs. The unemployment rate held steady at 3.8%. The BLS also revised up …
Read More »U.S. Economy Adds More Jobs In June Even As Hiring Slows
Casey Quinlan, Pennsylvania Capital-Star Although hiring inched down in June, the U.S. labor market is still showing signs of strength, with unemployment falling and earnings continuing to rise, the latest jobs report from the U.S. Department of Labor showed. The economy added 209,000 jobs as the unemployment rate fell to 3.6% from …
Read More »Biden Accuses GOP of ‘Rooting for Recession’ After Jobs Report
President Joe Biden on Friday accused the Republican leadership of “rooting for a recession” after new Labor Department figures showed the U.S. economy added 261,000 jobs in October, more than analysts expected but down slightly from the previous month. “Today’s jobs report—adding 261,000 jobs with the unemployment rate still at …
Read More »U.S. Gains 428,000 Jobs in April; Unemployment Remains Unchanged
The U.S. economy added 428,000 jobs and the jobless rate held even at 3.6 percent, according to data released Friday by the Labor Department. It was the 16th straight month of job growth and the 12th straight month that more than 400,000 jobs were added. Average hourly earnings for workers …
Read More »Biden Touts Strong January Jobs Report That Beat Expectations
President Joe Biden touted a surprisingly strong U.S. jobs report for January, declaring, “America’s job machine is going stronger than ever.” “Our country is taking everything that Covid has to throw at us and we’ve come back stronger,” Biden said, speaking from the White House. Pres. Biden on expectedly strong …
Read More »Employers Added 850,000 Jobs in June, Better Than Expected
Employers added 850,000 jobs in June, well above expectations, the Bureau of Labor Statistics reported Friday. That compares to 559,000 jobs in May and forecasts of a 700,000 increase. Meanwhile, the unemployment rate was slightly changed at 5.9%, up from its 5.8% rate in May. “Notable job gains occurred in …
Read More »U.S. adds 916,000 jobs in March; unemployment down to 6%
The U.S. economy added close to 920,000 jobs in March, the Labor Department said Friday in its monthly report. The report showed an addition of 916,000 jobs, beating many analysts’ expectations of about 850,000. As expected, the figures show a large number of American workers returning to the workforce. Even …
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