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New data from the Bureau of Labor Statistics showed 7.44 million jobs open at the end of June, a decrease from the 7.71 ...
The Labor Department's May jobs report is expected to show that the U.S. economy added 190,000 jobs last month despite aggressive interest-rate hikes.
Another big source of job creation in May was health care, which saw payrolls increase by 52,400. Hospitals accounted for the bulk of those gains, adding 19,600 workers. There were also ...
The pace of hiring was unexpectedly robust in May, showing a gain of 272,000 jobs, but it wasn’t all good news: The unemployment rate ticked up, to 4 percent. Monthly change in jobs +0 +100,000 ...
What To Expect From the Jobs Report According to a survey by Dow Jones Newswires and The Wall Street Journal, economists expect the report to show 125,000 jobs were added in May.
The jobs data reflected solid growth but an increasing unemployment rate. In the wake of rising bond yields, Wednesday’s CPI report and Fed meeting take on more meaning.
May Jobs Report Key Stats Total nonfarm payrolls rose by 339,000 versus 294,000 in April. The unemployment rate increased to 3.7% from 3.4% in April.
Even people who lost their old jobs permanently made progress last month: The number of such people dropped by 295,000 in May to 3.2 million. But that is still up 59% from 2 million in April 2020.
U.S. hiring accelerated in May as employers added a booming 339,000 jobs and the labor market shrugged off high interest rates and persistent inflation. The unemployment rate, which is calculated ...
The Trump administration’s immigration crackdown is taking a growing toll on a weakening labor market, economists say. Forecasters surveyed by Bloomberg estimate the Labor Department on ...
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