Employment Summary for December 2020

Total nonfarm payroll employment in December declined by 140,000 in December, well below the consensus forecast of a job gain of 45,000. The unemployment rate remained unchanged at 6.7 percent or 10.7 million unemployed persons. The Bureau of Labor Statistics (BLS) noted in today’s release that both unemployment measures are much lower than their April ...

2021-01-11T22:29:27-06:00January 11th, 2021|

Employment Summary for December 2019

In the Bureau of Labor Statistics’ latest report, the manufacturing industry took a hit in the number of jobs available for U.S. workers. In fact, the industry lost 12,000 jobs in December and increased by only 46,000 over the course of the year, according to CNBC. That’s compared to a net increase of 264,000 in 2018. ...

2020-01-16T16:36:00-06:00January 16th, 2020|

BLS Employment Situation Report: August 2019

Sep 06, 2019 The August Employment Situation showed a nonfarm payroll employment increase of 130,000, which comes off the heels of a higher increase of 164,000 jobs for July. Notably, this missed estimates by economists and media publications that predicted higher job growth for the month. More specifically, CNBC reported that Wall Street estimates suggested there would ...

2019-11-12T17:51:06-06:00November 12th, 2019|

BLS Employment Situation Report: August 2019

The August Employment Situation showed a nonfarm payroll employment increase of 130,000, which comes off the heels of a higher increase of 164,000 jobs for July. Notably, this missed estimates by economists and media publications that predicted higher job growth for the month. More specifically, CNBC reported that Wall Street estimates suggested there would be an increase ...

2019-10-07T17:41:15-05:00October 7th, 2019|

BLS Employment Situation Report: August 2019

The August Employment Situation showed a nonfarm payroll employment increase of 130,000, which comes off the heels of a higher increase of 164,000 jobs for July. Notably, this missed estimates by economists and media publications that predicted higher job growth for the month. More specifically, CNBC reported that Wall Street estimates suggested there would be an increase ...

2019-09-09T15:14:29-05:00September 9th, 2019|

Employment Summary for July 2019

The July Employment Situation showed a nonfarm payroll increase of 164,000, which comes off the heels of a stronger increase of 224,000 roles from the month prior. This number nearly matched projections by various media outlets and was “in line with average employment growth in the first 6 months of the year,” according to the ...

2019-08-06T15:32:08-05:00August 6th, 2019|

Employment Summary for June 2019

The June Employment Situation showed a large increase in nonfarm payroll employment to the tune of 224,000 new jobs, according to the U.S. Bureau of Labor Statistics. This comes off the heels of a growth reduction for May’s figures which saw just 75,000 jobs added, which was the only month in 2019 (since February) to ...

2019-07-10T15:35:23-05:00July 10th, 2019|

Employment Summary for May 2019

The stretch of economic good fortune the U.S. has experienced for much of 2019 has shown some signs of cooling off in recent weeks. Numbers from the latest edition of the Employment Situation Summary compiled by the Bureau of Labor Statistics appear to represent more evidence of this growth reduction: American nonfarm payroll organizations added ...

2019-06-11T15:49:45-05:00June 11th, 2019|