August 2023 Jobs Report
Key Takeaways from the August Jobs Report Assessing the economy in 2023 A mid-year report from JP Morgan identifies several reason for optimism around the economy and job market: Industry-specific…
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July 2023 Jobs Report
Key Takeaways from the July Jobs Report Industry-specific hiring trends in July 2023 Gauging other Signals in the Summer Economic Picture Inflation continued to be moderated by the Fed’s action…
June Jobs Report 2023
The June Jobs Report, released by the Bureau of Labor Statistics, showed job gains of 209,000. This report reveals a slightly tempered arc of job growth, perhaps a sign that…
May 2023 Jobs Report
Total nonfarm payroll employment increased by 339,000 in May, and the unemployment rate rose by 0.3 percentage point to 3.7 percent, according to the U.S. Bureau of Labor Statistics. Job…
April 2023 Jobs Report
Total employment increased by a robust 253,000 in April, compared with the average monthly gain of 290,000 over the prior 6 months. These gains took place against the backdrop of…
March 2023 Jobs Report
Job growth was moderated in March but continued to grow, to the tune of 236,000 jobs in March, according to the Bureau of Labor Statistics. The industries most positively affected…
February 2023 Jobs Report
Key Takeaways from the February 2023 Jobs Report The economy added 311,000 jobs in February, concentrated in Leisure & Hospitality. Job growth continues to be robust, frequently surprising economists on…
January Jobs Report
Hiring surged unexpected in January, traditionally a slower month for job growth, with an addition of over half a million jobs. This rate exceeded the monthly average gain of 400,000…
Jobs Report December 2022
December produced another strong month of job growth in regards to the Bureau of Labor Statistics which reported that employment increased by 223,000 jobs in December, and the unemployment rateedged…
November Jobs Report
According to the Bureau of Labor Statistics, employment increased by 263,000 in November, still on a steady upward trajectory. This is a strong signal of economic resilience and growth, even…
October Jobs Report
According to the Bureau of Labor Statistics, employment increased by 261,000 in October. Monthly job growth has averaged 407,000 thus far in 2022, compared with 562,000 per month in 2021,…
September Jobs Report
The September jobs report offered a mixed message to economic forecasters eager to see the impact of the Fed’s rate cuts on inflation and a potential recessionary threat. This report…
August Jobs Report
In August, employers added 315,000 jobs, which represented a cooling of hiring against fears of an economic slow-down. At the same time, the economic and jobs recovery seems to be…
July 2022 Jobs Report
The economy added half a million jobs in July, signaling another strong month of economic growth and recovery. This happened against a backdrop of surging inflation and rate hikes that…
June Jobs Report
June continued the trend of strong hiring with the U.S. Bureau of Labor Statistics reporting that total nonfarm payroll employment has risen by 372,000 in June. The unemployment rate remained…
May Jobs Report
Amid record high inflation and recessionary fears, the American economy added 390,000 jobs in May. This outperformed the forecasts of economists, and took place against a low employment rate of…
April Jobs Report: Assessing Growth
Employment increased by 428,000 in April, with the unemployment rate remaining unchanged at 3.6 percent, as reported recently by the U.S. Bureau of Labor Statistics. The report detailed job growth…
March Jobs Report
The March jobs report was one of the most newsworthy yet, with a total gain of 431,000 nonfarm employment, as reported by the U.S. Bureau of Labor Statistics. Notably, the…
Inside the February Jobs Report
It’s been another blockbuster month on the jobs front with 678,000 jobs added in February, surprising economists with one of the largest gains since the beginning of the pandemic. One…
January 2022 Jobs Report
The January 2022 Jobs Report from the Bureau of Labor Statistics stunned analysts with blockbuster numbers: a whopping 467,000 jobs added despite the Omicron wave tempering growth expectations. Even those…
Important Takeaways from the December 2021 Jobs Report
The economic recovery continues apace, as reported by the U.S. Bureau of Labor Statistics in their December jobs report. Total nonfarm payroll employment rose by 199,000 The unemployment rate declined…
November Jobs Report: A Mixed Picture on Hiring
November has delivered moderate job gains of 210,000, according to the latest jobs report from the Bureau of Labor Statistics. The most notable job gains occurred in professional and business…
Strong Gains in October Jobs Report
After a sluggish economic picture in September, in October, total nonfarm payroll employment rose by 531,000, and the unemployment rate edged down by 0.2 percentage point to 4.6 percent, the…
Slowing Growth in the September Jobs Report
The September jobs report returned lower-than-expected growth and a decidedly mixed outlook on the overall economic recovery. The economy added 194,000 jobs, in contrast to nearly a million jobs added…
July Jobs Report: A Roaring Recovery
A major surge in hiring in July has sparked fresh optimism about the power of the economic recovery. The unemployment rate reached a new pandemic period low, and hiring continues…
June Jobs Report: Better Than Expect Growth
The economy added 850,000 jobs in June, a better than expected gain amid an economy recovering from the Coronavirus pandemic. Economists see this as a strong sign that the economy…
Breaking Down the May Jobs Report
In contrast to the anemic April jobs report and the blockbuster report in March, the May jobs report has strong but measured signs for the economy in general. Hospitality continues…
Anemic April Jobs Report Has Good News for Hospitality
Based on the start of the year, many economists expected the April jobs report to continue the trend of rapid growth in numerous sectors as the world economy started to…
March Jobs Report Beats Expectations; Shows Strong Growth
The March Jobs Report from the Bureau of Labor Statistics blew past previous expectations showing an economy primed for job growth as the nation recovers from the Coronavirus pandemic. The…
Robust Jobs Report Spells Great News for Food, Beverage and Hospitality
The February Jobs Report was just released by the Bureau of Labor Statistics with great news for those in the leisure and hospitality sectors, and especially those in food and…
Jobs Report for January 2021
The latest jobs numbers were released by the Bureau of Labor Statistics on Friday, February 5, with much information to glean about the pandemic’s impact on key economic sectors. The…
Jobs Report for October 2020
The latest jobs numbers were released by the Bureau of Labor Statistics on October 20, tracking major changes to the job market in September 2020, including some promising signs on…