Beating economist predictions, the mid-summer jobs report revealed steady growth for the month of July. Amidst solid hiring, wages also rose. Solid job gains beat expectations According to the Bureau of Labor Statistics, nonfarm payroll employment advanced by 255,000 last month with hiring in healthcare, financial activities and professional and business services. Both the number[…]
Employment Summary for May 2016 With the looming anticipation of a Federal Reserve interest rate hike, all eyes were on the numbers this morning but the newly released data for job growth fell far short of expectations. Halt in U.S. job growth Despite early predictions that the May labor market would hold steady to support[…]
Employment Summary for February 2016 U.S. employment gains beat expectations in February as the unemployment rate held steady. Payrolls rise The country added 242,000 nonfarm payroll jobs in February, far ahead of the January gains and beating economist forecasts. According to Reuters, analysts had predicted that the U.S. would add only 190,000 jobs in February.[…]
