The March jobs report fell far short of expectations, adding only 98,000 to non farm payrolls this month. Economists were predicting around 180,000 jobs on average. Although at first glance this may indicate a weak economy, the jobs report wasn’t all disappointing. A drop in the unemployment rate and jobless rate were the highlights of the March […]
economy
February Jobs Report Blows Past Expectations
The Bureau of Labor Statistics released the February jobs report on Friday, which blew past estimated projections. Instead of the median forecast of 200,000 by Bloomberg’s survey, the U.S. economy added 235,000 jobs to payrolls for the month. The February jobs report continued the streak of adding more jobs than economists expected. Construction, private educational services, manufacturing, healthcare and mining drove […]
January Jobs Report Sets Precedent for 2017
It’s been a big month for the U.S. economy. History was made when the Dow hit 20,000 on January 25th, a mere five days after a new president was installed into the oval office. The streak continues with the first jobs report of 2017, overshooting projections by a massive 47,000 jobs. Median projections called for 180,000 jobs to […]
November Jobs Report Falls Short of Expectations
The November Jobs Report released last Friday showed a steady labor market, but fell short of Wall Street’s expectations. The economy added 178,000 jobs in the past month, two thousand short of the projected 180,000. So far in 2016, average monthly job growth rolls in at 180,000 jobs per month compared to 229,000 in 2015. […]
October jobs report shows signs of a steady labor market
The October jobs report is in – and it’s not what people were expecting. About 160,000 jobs were added to the U.S. economy in October, fewer than the anticipated 175,000. Although the jobs number missed its mark, the number continued the record 73-month streak for total job growth. Other factors including wage growth and labor […]