#Five takeaways from a strong March jobs report

#Five takeaways from a strong March jobs report

Unemployment fell to 3.5 percent and the U.S. economy added 236,000 jobs in March as the labor market continued to show signs of strength, the Labor Department reported Friday. Wage growth appears to be cooling along with corporate profits, which are still way above their pre-pandemic levels, as inflation has been declining since the middle…

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#Five takeaways on a surprisingly strong January jobs report

#Five takeaways on a surprisingly strong January jobs report

Five takeaways on a surprisingly strong January jobs report The U.S. economy added 517,000 jobs in January, more than doubling Wall Street expectations and turning up its nose at prognosticators of an imminent recession. The unemployment rate dropped to 3.4 percent, the lowest level since 1969. Analysts were expecting it to move in the opposite…

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#US job growth solid in December; unemployment falls to 3.5%

#US job growth solid in December; unemployment falls to 3.5%

“US job growth solid in December; unemployment falls to 3.5%” The U.S. economy maintained a strong pace of job growth in December, with the unemployment rate falling to 3.5%, but higher borrowing costs as the Federal Reserve fights inflation could see the labor market momentum slowing significantly by mid-year. Nonfarm payrolls increased 223,000 last month, the Labor…

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#US hiring strong in November as employers added 263,000 jobs

#US hiring strong in November as employers added 263,000 jobs

“US hiring strong in November as employers added 263,000 jobs” The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes. The economy added 263,000 jobs, while the unemployment rate stayed 3.7%, still near a…

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#Economy adds 261K jobs in October, unemployment ticks up

#Economy adds 261K jobs in October, unemployment ticks up

Economy adds 261K jobs in October, unemployment ticks up The U.S. added 261,000  jobs in October and the unemployment rate rose slightly to 3.7 percent, according to data released Friday by the Labor Department. Economists expected the U.S. to add roughly 190,000 jobs last month and keep the unemployment rate steady at 3.5 percent, according…

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