The latest jobs report provides a snapshot of how 2024 came to a close, highlighting key labor market trends. Takeaways include: 256,000 jobs were added in December Unemployment decreased from 4.2% in November to 4.1% in December—and has remained either 4.1% or 4.2% for the last 7 months Workforce participation remained unchanged at 62.5% […]
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The latest jobs report revealed a rebound in job growth for November. However, job growth varied across industries, and hiring trends reflect a cautious approach from employers. Here are some of the key takeaways: 227,000 jobs were added in November Unemployment inched up from 4.1% in October to 4.2% in November Workforce participation dipped slightly […]
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The jobs report was released showing a significant decrease in job growth. The data attributes this dip to two hurricanes that took place in October, as well as an ongoing strike among Boeing employees. Some indicators point to strength in the labor market beyond the reported job growth numbers. Here are some of the key […]
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October delivered a hot jobs report, showing strong job gains and a dip in unemployment just weeks before the presidential election. Here are some of the key takeaways: 254,000 jobs were added in September Unemployment decreased from 4.2% to 4.1% Workforce participation held steady at 62.7% Wage growth increased by 0.4% month over month […]
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July’s jobs report indicates a labor market that is performing below expectations and raising some concerns. Here are some of the key takeaways: 114,000 jobs were added in July Unemployment increased from 4.1% to 4.3%—the highest since October 2021 Workforce participation increased from 62.6% to 62.7% Wage growth increased by 0.2% month-over-month. The report was […]
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The latest jobs report for June highlights a cooling labor market in line with expectations. Here are some of the key takeaways: 206,000 jobs were added in June Unemployment increased from 4% to 4.1% Workforce participation increased from 62.5% to 62.6% Wage growth increased by 0.3% month-over-month Some experts are feeling more hopeful of […]
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Despite expectations for a cooler month, employment showed strong growth in May. Here are some of the key takeaways from the latest jobs report: 272,000 jobs were added in May Unemployment increased from 3.9% to 4% Workforce participation decreased from 62.7% to 62.5% Wage growth increased by 0.4% Below we’ll review the latest labor market […]
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Month after month, headlines describe a U.S. labor market that is “strong,” “robust,” “hot”—and so on. This month is no different. Here are some of the key takeaways from the latest jobs report: 303,000 jobs were added in March, above the forecasted 200,000. Unemployment dropped slightly from 3.9 to 3.8%—and remains under 4% […]
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On the surface, February was in many ways, “typical.” This was another month of strong job growth, and little changed in workforce participation and unemployment. But if you look closer at the data, the economic landscape isn’t quite as it appears at first glance. Despite consistently strong job gains, right now, employers and employees are […]
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January was a robust month for job growth—with job gains reminiscent of pre-pandemic levels typical for the first month of the year. The economy remains stronger than ever. People have continued to spend. And the Feds have held interest rates steady again. We’ll discuss what’s going on in the labor market and what this means […]
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