US Jobs data: Payroll gains miss expectations at a disappointing 142,000
6 months, 3 weeks ago

US Jobs data: Payroll gains miss expectations at a disappointing 142,000

Hindustan Times  

August payrolls expanded by 142,000, weaker than expected. US job gains for the past twelve months ending in March showed there were 818,000 fewer jobs than previously reported in the largest downward revision since 2009. It’s not disaster, but it’s below expectations on the headline, and what really bothers me is the revisions,” said Dan North, senior economist for North America at Allianz Trade, per CNBC's reporting. Sharp payroll gains revisions for the past two months went from 179,000 to 118,000 in June and from 114,000 to 89,000 in July. USA Today reported that economists are already implying these downward updates may lead the Federal Reserve to consider further lowering its key interest rate at a meeting later in September.

 expectations  data  labour  revisions  past  weaker  rate  north  reported  months  miss  jobs  gains  disappointing  142000  usersubscribedusersubscribed  payroll

History of this topic

US job openings rose to 7.7 million in January, a sign Trump inherited a strong labor market
2 weeks, 3 days ago

US job openings rose to 7.7 million in January, a sign Trump inherited a strong labor market

Associated Press  

U.S. job openings rose at the start of the year, another sign the job market was solid when President Donald Trump returned to the White House. The outlook for the labor market is murky as Trump wages a trade war with foreign countries, purges federal workers and threatens to deport millions of immigrants. The fallout from purges of federal workers …

The number of available jobs in the US grew in January
2 weeks, 4 days ago

The number of available jobs in the US grew in January

CNN  

CNN — The latest snapshot of job openings in the US shows that there were 7.74 million available positions at the end of January, signaling renewed optimism from US employers to start the year. The number of job openings rose from December’s downwardly revised total of 7.51 million, according to the latest Job Openings and Labor Turnover Survey released Tuesday …

US jobs report: 151,000 new jobs added, unemployment rises to 4.1%
3 weeks ago

US jobs report: 151,000 new jobs added, unemployment rises to 4.1%

India Today  

WASHINGTON: U.S. employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald Trump threatens a trade war, purges the federal workforce and promises to deport millions of immigrants. The federal government shed 10,000 jobs, the most since June 2022, though economists don’t expect Trump’s federal layoffs to have much of an impact until the March …

US Jobs Report: Employers added 151,000 jobs in February, unemployment rate up to 4.1%
3 weeks ago

US Jobs Report: Employers added 151,000 jobs in February, unemployment rate up to 4.1%

Hindustan Times  

US job growth steadied last month while the unemployment rate rose — a mixed snapshot of a job market hanging in the balance of quickly changing government policy. Here are five key takeaways from Bloomberg’s TOPLive blog Friday’s report is the latest evidence that the labor market is softening, with more people permanently out of work, fewer workers on federal …

US added 151,000 jobs in February but sees unemployment tick up in first report of Trump’s new term
Trending News
3 weeks ago

US added 151,000 jobs in February but sees unemployment tick up in first report of Trump’s new term

Firstpost  

The US added 151,000 jobs in February, while the unemployment rate edged up to 4.1 per cent from 4 per cent the month before in the first jobs report of President Donald Trump’s second term, according to a report The US added 151,000 jobs in February, while the unemployment rate edged up to 4.1 per cent from 4 per cent …

US employers add a solid 151,000 jobs last month though unemployment up to 4.1%
Trending News
3 weeks, 1 day ago

US employers add a solid 151,000 jobs last month though unemployment up to 4.1%

Associated Press  

WASHINGTON — U.S. employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald Trump threatens a trade war, purges the federal workforce and promises to deport millions of immigrants. The federal government shed 10,000 jobs, the most since June 2022, though economists don’t expect Trump’s federal layoffs to have much of an impact until the …

U.S. employers add a solid 151,000 jobs last month, but unemployment rises to 4.1%
3 weeks, 1 day ago

U.S. employers add a solid 151,000 jobs last month, but unemployment rises to 4.1%

LA Times  

A person waits in a line for a prospective employer at a job fair in August in Sunrise, Fla. U.S. employers added a solid 151,000 jobs last month, but the outlook is cloudy as President Trump threatens a trade war, purges the federal workforce and says he plans to deport millions of immigrants. The federal government shed 10,000 jobs, the …

American businesses are getting nervous about hiring more workers
3 weeks, 3 days ago

American businesses are getting nervous about hiring more workers

CNN  

CNN — The Trump administration’s frenetic policy changes appear to be making US businesses think twice about hiring new workers. New data released Wednesday showed that hiring by US private-sector companies fell sharply last month, much more than economists had expected. “Policy uncertainty and a slowdown in consumer spending might have led to layoffs or a slowdown in hiring last …

American businesses are getting nervous about hiring more workers
3 weeks, 3 days ago

American businesses are getting nervous about hiring more workers

CNN  

CNN — The Trump administration’s frenetic policy changes appear to be making US businesses think twice about hiring new workers. New data released Wednesday showed that hiring by US private-sector companies fell sharply last month, much more than economists had expected. “Policy uncertainty and a slowdown in consumer spending might have led to layoffs or a slowdown in hiring last …

Sightly more Americans apply for unemployment benefits last week, but layoffs remain relatively low
1 month, 1 week ago

Sightly more Americans apply for unemployment benefits last week, but layoffs remain relatively low

Associated Press  

Slightly more Americans applied for jobless benefits last week, but layoffs remained in the same recent healthy range. The number of Americans filing for jobless benefits rose by 5,000 to 219,000 for the week ending Feb. 15, the Labor Department said Thursday. Despite showing some signs of weakening during the past year, the labor market remains healthy with plentiful jobs …

Wages growth outstrips inflation rate as unemployment rate remains steady
1 month, 1 week ago

Wages growth outstrips inflation rate as unemployment rate remains steady

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK earnings growth accelerated for …

US employers added 143k jobs in January, unemployment rate at 4%
1 month, 3 weeks ago

US employers added 143k jobs in January, unemployment rate at 4%

Hindustan Times  

U.S. employers added just 143,000 jobs last month, but the jobless rate slipped to 4% to start 2025 and the government revised November and December payrolls higher. A federal judge on Thursday temporarily blocked President Donald Trump's plan to push out federal workers by offering them financial incentives, yet a federal hiring freeze that Trump imposed Jan. 20 is a …

US job market likely began the year strong, but faces cloudier future
1 month, 3 weeks ago

US job market likely began the year strong, but faces cloudier future

Hindustan Times  

WASHINGTON — The U.S. labor market probably started 2025 the way it spent most of last year: Generating decent, but unspectacular, job growth. US job market likely began the year strong, but faces cloudier future When the Labor Department releases January employment numbers Friday, they’re likely to show that companies, government agencies and nonprofits added 170,000 jobs last month, according …

US job market likely began the year strong, but faces cloudier future
1 month, 3 weeks ago

US job market likely began the year strong, but faces cloudier future

Associated Press  

WASHINGTON — The U.S. labor market probably started 2025 the way it spent most of last year: Generating decent, but unspectacular, job growth. When the Labor Department releases January employment numbers Friday, they’re likely to show that companies, government agencies and nonprofits added 170,000 jobs last month, according to a survey of economists by the data firm FactSet. The first …

Job market might be losing momentum
Trending News
1 month, 3 weeks ago

Job market might be losing momentum

Salon  

Just 143,000 jobs were added to the U.S. labor market in January, a number that fell short of forecasts and signaled a slowdown in the pace of hiring. But the numbers suggest those still looking for jobs may find it more challenging as the labor market cools from its two-year hiring streak. "Employers are really maintaining their workforce, but they …

U.S. hiring cools in January; California’s outlook is dimmed by looming cuts in government and aid
1 month, 3 weeks ago

U.S. hiring cools in January; California’s outlook is dimmed by looming cuts in government and aid

LA Times  

U.S. job growth slowed at the start of the year, the government said Friday, as business services, manufacturing and other major industries held back on adding jobs amid increased uncertainty about the economy. “Are we going to have a price shock?” The jobs report Friday showed that the nation’s unemployment rate ticked back down to just 4%, from 4.1% in …

US job openings fall to 7.6 million in December, suggesting the job market is slowing but healthy
1 month, 3 weeks ago

US job openings fall to 7.6 million in December, suggesting the job market is slowing but healthy

Associated Press  

U.S. job openings fell in December, a sign that the labor market is cooling but still healthy. The Labor Department’s Job Openings and Labor Turnover Summary showed professional and businesses services companies – a broad category that includes managers and technical workers — scaled back their job postings. When the Labor Department releases its jobs report for January on Friday, …

US added 256k jobs in December, unemployment rate fell to 4.1%
2 months, 2 weeks ago

US added 256k jobs in December, unemployment rate fell to 4.1%

Hindustan Times  

U.S. hiring picked up unexpectedly in December as employers added a strong 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates. Friday’s job report is expected to show that average hourly wages rose 0.3% last month from November and 4% from December 2023, according to the FactSet survey. The Fed sometimes frets that wage …

US economy likely added 153,000 jobs last month, returning to normal after strike and hurricanes
Trending News
2 months, 2 weeks ago

US economy likely added 153,000 jobs last month, returning to normal after strike and hurricanes

Associated Press  

WASHINGTON — Getting a clear view of the U.S. job market hasn’t been easy the past few months. Forecasters surveyed by the data firm FactSet expect that U.S. payrolls grew by 153,000 last month, compared to 227,000 in November and a mere 36,000 in strike- and hurricane-hit October Boston College economist Brian Bethune is slightly more optimistic about last month’s …

U.S. hiring picks up in December; wildfires add to cloudy jobs outlook for California
2 months, 2 weeks ago

U.S. hiring picks up in December; wildfires add to cloudy jobs outlook for California

LA Times  

Employers stepped up their hiring in December. The American economy created a burst of new jobs in December, capping a solid year of employment growth marked by big gains in healthcare and government payrolls, according to new figures released Friday. While Friday’s jobs report was good news for workers, U.S. stocks slumped badly as investors fretted that the Federal Reserve …

November jobs report shows healthy labor market with 227,000 new roles - up dramatically from slow October
3 months, 3 weeks ago

November jobs report shows healthy labor market with 227,000 new roles - up dramatically from slow October

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy America's job market rebounded …

US added a strong 227,000 jobs in November in bounce-back from October slowdown
Top News
3 months, 3 weeks ago

US added a strong 227,000 jobs in November in bounce-back from October slowdown

Associated Press  

WASHINGTON — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes had sharply diminished employers’ payrolls. The November employment report provided the latest evidence that the U.S. job market remains durable even though it has lost significant momentum from the 2021-2023 hiring boom, when the …

US hiring rebounds after slump on hurricanes, strike
3 months, 3 weeks ago

US hiring rebounds after slump on hurricanes, strike

New Indian Express  

WASHINGTON: The US economy added more jobs than expected last month, government data showed Friday, bouncing back from a dramatic slowdown triggered by hurricanes and labor strikes. While Boussour said she expects job growth to settle "below trend" as the labor market cools gradually, she added that "a labor market downturn isn't on the near-term horizon" with layoffs remaining relatively …

Job growth beats expectations in November, rising by 227,000
Trending News
3 months, 3 weeks ago

Job growth beats expectations in November, rising by 227,000

Salon  

Job growth that stalled in October rebounded the following month as the effects of hurricanes and labor disputes subsided, the Bureau of Labor Statistics reported Friday. Employment rates showed “little or no change over the month in other major industries,” according to the Bureau of Labor Statistics, including the construction, transportation, information, financial professions and business services sectors. “Job creation …

U.S. job growth bounces back in November, a reassuring sign that the labor market remains healthy
3 months, 3 weeks ago

U.S. job growth bounces back in November, a reassuring sign that the labor market remains healthy

LA Times  

Job growth rebounded in November from the weather-related stall in hiring the previous month, fresh evidence that the U.S. labor market remains healthy despite signs of a slowing economy overall, according to new government data released Friday. Friday’s report showed that employers nationwide added 227,000 jobs in November, led by big gains in healthcare and leisure and hospitality. November’s overall …

US job openings rose last month, though hiring slowed, in mixed picture for labor market
3 months, 3 weeks ago

US job openings rose last month, though hiring slowed, in mixed picture for labor market

Associated Press  

WASHINGTON — The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Last month, job openings rose sharply in professional and business services, a category that includes engineers, managers, and accountants, as well as in the restaurant …

Job openings rose while hiring dropped in October, labor report shows
3 months, 3 weeks ago

Job openings rose while hiring dropped in October, labor report shows

Salon  

Job openings and resignations increased substantially in October while the number of hires and layoffs dropped, according to a Tuesday report from the Bureau of Labor Statistics that showed a mixed picture of the U.S. labor market. The increased number of job openings appeared mostly in professional and business services, as well as service and IT industries, jumping by 372,000 …

US Jobs Report October 2024: Live News on Employment, Payrolls
4 months, 4 weeks ago

US Jobs Report October 2024: Live News on Employment, Payrolls

Bloomberg  

Hiring last month advanced at the slowest pace since 2020. Nonfarm payrolls increased 12,000 last month, following a downward revision to the prior two months. The unemployment rate held at 4.1% and hourly earnings remained firm Importantly, the BLS said the hurricanes likely affected payrolls in some industries, but said it is not possible to quantify the net effect on …

"Very good news": Strong September report shows U.S. added 254k jobs
5 months, 3 weeks ago

"Very good news": Strong September report shows U.S. added 254k jobs

Salon  

The U.S. added 254,000 jobs in September, demonstrating strong economic vitals just 31 days before the election. Former President Donald Trump has hit Kamala Harris hard on economic issues in recent speeches, claiming that she would usher in the worst recession since the Great Depression. “The past two days, we’ve gotten some very good news about the American economy,” President …

U.S. job growth improved in August, but hiring trend is slowing. What will the Fed do?
6 months, 3 weeks ago

U.S. job growth improved in August, but hiring trend is slowing. What will the Fed do?

LA Times  

Job growth picked up in August from the sluggish pace of hiring the previous month, providing a bit of relief after a sharp slowdown earlier in the summer roiled financial markets, sparked fears of a recession and threatened to disrupt the momentum Vice President Kamala Harris and her campaign had built up. August job numbers for individual states won’t be …

Revised figures show annual U.S. job growth was much lower than previously reported
7 months, 1 week ago

Revised figures show annual U.S. job growth was much lower than previously reported

LA Times  

The number of workers on payrolls will likely be revised down by 818,000 for the 12 months through March 2024, according to the Bureau of Labor Statistics’ preliminary revision. U.S. job growth was probably far less robust in the year through March than previously reported, according to government data out Wednesday. The number of workers on payrolls will likely be …

US sharply lowers number of jobs added in year ending in March
7 months, 1 week ago

US sharply lowers number of jobs added in year ending in March

Al Jazeera  

Economists are divided on the extent of the rate cuts that the US Federal Reserve should undertake this year in light of the latest employment data. The revised total adds to evidence that the job market has been steadily slowing and likely reinforces the US Federal Reserve’s plan to start cutting interest rates soon. The downgraded estimate follows a jobs …

The job market might be more fragile than previously thought
7 months, 1 week ago

The job market might be more fragile than previously thought

NPR  

The job market might be more fragile than previously thought NPR’s Ailsa Chang talks to senior economist at Wells Fargo, Sarah House, about the revision in jobs numbers that show the U.S. economy employed 818,000 fewer people that originally reported in March. HOUSE: Yeah, so it is pretty surprising to see that sort of downward revision when the economy is …

New data shows US job growth has been far weaker than initially reported
7 months, 1 week ago

New data shows US job growth has been far weaker than initially reported

CNN  

CNN — US job growth during much of the past year was significantly weaker than initially estimated, according to new data released Wednesday. The Bureau of Labor Statistics’ preliminary annual benchmark review of employment data suggests that there were 818,000 fewer jobs in March of this year than were initially reported. Every year, the BLS conducts a revision to the …

With 114,000 new jobs in July, hiring slows down in US. Unemployment rate at 4.3%
7 months, 3 weeks ago

With 114,000 new jobs in July, hiring slows down in US. Unemployment rate at 4.3%

Firstpost  

US hiring slowed sharply in July, adding only 114,000 jobs well below the forecasted 175,000, causing the unemployment rate to rise to 4.3%, the highest since October 2021. The unemployment rate unexpectedly surged to 4.3%, its highest level since October 2021, contrary to expectations of it remaining steady at 4.1%. Many economists believe that today’s rising unemployment rates reveal an …

US labour market generates 206,000 jobs in June, unemployment rate increases to 4.1%
8 months, 3 weeks ago

US labour market generates 206,000 jobs in June, unemployment rate increases to 4.1%

Hindustan Times  

The United States added 206,000 jobs in June, which was less than the previous month but still more than predicted. The US unemployment rate increased slightly from 4% to 4.1 percent, according to the Bureau of Labor Statistics' report released on Friday. According to the Bureau of Labor Statistics' report released on Friday, the US unemployment rate increased slightly from …

U.S. employers added a solid 206,000 jobs in June in a sign of continued economic strength
8 months, 3 weeks ago

U.S. employers added a solid 206,000 jobs in June in a sign of continued economic strength

LA Times  

America’s employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again displaying the U.S. economy’s ability to withstand high interest rates. In addition, just two sectors — government and a category that includes healthcare and social assistance, neither of which captures the economy’s underlying strength — accounted for roughly three-quarters of June’s job growth. Economists …

As job growth in California falls back, unemployment rate remains highest in the country
10 months, 1 week ago

As job growth in California falls back, unemployment rate remains highest in the country

LA Times  

A poster explains ways to file for unemployment insurance benefits at the JobTrain employment office in Menlo Park. California posted another month of anemic job growth in April, keeping the state’s unemployment rate the highest in the country, 5.3%, the government reported Friday. Major sectors of California’s economy — including manufacturing, information and professional and business services — showed job …

US weekly jobless claims hit highest level since August of 2023, though job market is still hot
10 months, 2 weeks ago

US weekly jobless claims hit highest level since August of 2023, though job market is still hot

Associated Press  

The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week, another indication that the red hot U.S. labor market may be softening. Though last week’s claims were the most since the final week of August 2023, it’s still a relatively low number of layoffs and not cause for concern. Weekly …

U.S. Employers Scaled Back Hiring In April But Still Added 175,000 Jobs
10 months, 3 weeks ago

U.S. Employers Scaled Back Hiring In April But Still Added 175,000 Jobs

Huff Post  

LOADING ERROR LOADING WASHINGTON — The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market. Yet the moderation in the pace of hiring, along with a slowdown last month in wage growth, will likely be …

US job openings fall to 8.5 million in March, the lowest level in more than 3 years
10 months, 3 weeks ago

US job openings fall to 8.5 million in March, the lowest level in more than 3 years

Associated Press  

WASHINGTON — U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates. The Labor Department reported Wednesday that employers posted 8.5 million vacancies in March, down from 8.8 million in February and the …

Another month of robust US job growth points to continued economic strength
11 months, 3 weeks ago

Another month of robust US job growth points to continued economic strength

Associated Press  

WASHINGTON — America’s employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates. Last month’s job growth was up from a revised 270,000 in February and was far above the 200,000 jobs that …

US job openings rise modestly to 8.8 million in February in strong labor market
11 months, 3 weeks ago

US job openings rise modestly to 8.8 million in February in strong labor market

Associated Press  

WASHINGTON — U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong. But the Job Openings and Labor Turnover Survey, or JOLTS, showed that layoffs ticked up to 1.7 million in February from 1.6 million in January, highest since March 2023. “Job openings are still elevated relative to …

Applications for US unemployment benefits dip to 210,000 in strong job market
1 year ago

Applications for US unemployment benefits dip to 210,000 in strong job market

Associated Press  

NEW YORK — The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security. Applications for unemployment benefits are viewed as a proxy for layoffs and a sign of where the job market is headed. Economists expect some tightening in the jobs market …

US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength
1 year ago

US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy America’s employers delivered another healthy …

U.S. employers add a surprisingly strong 275,000 jobs in sign of continued strength
1 year ago

U.S. employers add a surprisingly strong 275,000 jobs in sign of continued strength

LA Times  

A construction worker on the job in Los Angeles. America’s employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs. America’s employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs and again showcasing the U.S. economy’s resilience in the face of high interest rates. Friday’s government report reflected the job market’s …

US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong
1 year ago

US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong

Associated Press  

WASHINGTON — U.S. job openings barely changed in January but remained elevated, suggesting that the American job market remains healthy. The Labor Department reported Wednesday that U.S. employers posted 8.86 million job vacancies in January, down slightly from 8.89 million in December and about in line with economists’ expectations. Job openings have declined since peaking at a record 12 million …

Unexpected growth in US economy as 353,000 jobs added in January
1 year, 1 month ago

Unexpected growth in US economy as 353,000 jobs added in January

Hindustan Times  

U.S. job growth accelerated in January, likely as a resilient economy and strong worker productivity encouraged businesses to hire and retain more employees, a trend that could shield the economy from a recession this year. Representational Image Nonfarm payrolls increased by 353,000 jobs last month, the Labor Department's Bureau of Labor Statistics said on Friday. The Fed left interest rates …

US jobs report for January is likely to show that steady hiring growth extended into 2024
1 year, 1 month ago

US jobs report for January is likely to show that steady hiring growth extended into 2024

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. That Goldilocks picture is thought to have extended into …

Discover Related