Unemployment rate: 3.7% Source: Jeff Cox, CNBC Bureau of Labor Statistics The unemployment rate in July remained unchanged at 3.7%. Payrolls rose to 164,000 during the month, which is keeping with analysts’ predictions of 165,000. The size of the labor force also jumped sharply as 370,000 new workers entered the labor force, which brought …
Unemployment rate: 3.6% Source: Jeff Cox, CNBC Job creation slowed significantly in May. The economy only added 75,000 jobs last month, compared to 263,000 jobs the previous month. Analysts had expected the economy to add 180,000 jobs in May. “We had expected a slowdown after several years of job gains holding around 200,000, but …
April 2019 Jobs Report Unemployment rate: 3.6% Source: Nelson D. Schwartz, New York Times The economy added 263,000 jobs in April 2019, a big gain over over the 190,000 jobs that analysts expected. The unemployment rate declined by 0.2%, to 3.6%, which is the lowest in 50 years. The average hourly wage increased …
April 9, 2019 The JOLTS report (Job Openings and Labor Turnover Summary) from the Bureau of Labor Statistics is a snapshot of job openings and hiring. The latest JOLTS report was published on April 9, 2019 and covers February 2019. Job Openings Job openings fell to 7.1 million (4.5%) in February, down from a …
Source: Peter Eavis, New York Times March 2019 Jobs Report Unemployment rate: 3.8% The economy added 196,000 jobs in March 2019, which is a big increase compared to February’s disappointing report of only 20,000 jobs added versus the previous month. Even better, employers appear to finally be offering wages increases after years …
In a report released today, the Federal Reserve announced a rise in industrial production in February 2019. Industrial production rose by 0.1 percent last month. However, manufacturing production fell by 0.4 percent – its second month of decline. February’s drop in manufacturing production, along with a disappointing jobs report, added to analysts’ concerns of an …
February 2019 Job Numbers Unemployment rate: 3.8% The economy added 20,000 jobs in February 2019. This number fell far short of economists’ forecasts, which predicted that the economy would add 180,00 jobs last month. Unemployment edged downward to 3.8% (versus 4.0% the previous month). The country lost 31,000 construction jobs as construction employment …
A snapshot of the latest Job Openings and Labor Turnover Summary (JOLTS) report from the Bureau of Labor Statistics. The latest JOLTS report was published on February 12, 2019 and covers December 2018. Job Openings On the last business day of December, the job openings level reached a series high of 7.3 million – or …
Every hiring manager knows that competition for qualified warehouse and fulfillment center workers is fierce. Here are 5 tips for getting an edge over your competitors and making the most of the talent pool in your area. 1) Start early Warehouse employee turnover can be high and seem to have no rhyme or reason. …
According to the Congressional Budget Office, the 35-day federal government shutdown cost the economy $3 billion in losses that can never be recovered. But despite this dire statistic, job numbers for January 2019 were strong. In January, the economy added 304,000 jobs, marking one hundred straight months of job gains. The Bureau of Labor Statistics …
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