Tag: nonfarm payroll employment

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Jobs Report Offers Major Upside Surprise

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the staff of the Ridgewood blog

Ridgewood NJ, on Friday, concerns about a potential bubble on Wall Street seemed to dissipate amid a robust US jobs report, which bolstered investors’ confidence in America’s ongoing economic strength. Despite any lingering concerns about delayed rate cuts, the blowout report overshadowed them. In March, US payrolls surged by 303,000, surpassing all expectations. Additionally, the unemployment rate dipped to 3.8%, wages exhibited solid growth, and workforce participation saw an uptick, reaffirming the resilience of the labor market, which continues to drive the economy forward. As a result, all major groups in the S&P 500 experienced gains.

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Unemployment rate edged down to 3.5 percent Job Growth Continues to Slow

Fed Chairman Jerome Powell

the staff of the Ridgewood blog

Washington DC, (8:33am) total nonfarm payroll employment increased by 263,000 in September, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality and in health care.

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Payrolls Increased a More than Expected 372,000 in June

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the staff of the Ridgewood blog

Washington DC, total nonfarm payroll employment rose by 372,000 in June, and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, leisure and hospitality, and health care.

Continue reading Payrolls Increased a More than Expected 372,000 in June

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Nonfarm Payroll Employment rose by 390,000 in May with Labor Force Participation Rate, Little Changed at 62.3 percent

the staff of the Ridgewood blog

Washington DC, total nonfarm payroll employment rose by 390,000 in May, and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, in professional and business services, and in transportation and warehousing. Employment in retail trade declined.

Continue reading Nonfarm Payroll Employment rose by 390,000 in May with Labor Force Participation Rate, Little Changed at 62.3 percent

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Leisure and Hospitality, Lead Job Gains in March

CASHIERS WORK AT THE CHECKOUT LANES OF A WALMART STORE IN THE PORTER RANCH SECTION OF LOS ANGELES

staff of the Ridgewood blog

Washington DC, total nonfarm payroll employment rose by 431,000 in March, and the unemployment rate declined to 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains continued in leisure and hospitality, professional and business services, retail trade, and manufacturing. Household Survey Data The unemployment rate declined by 0.2 percentage point to 3.6 percent in March, and the number of unemployed persons decreased by 318,000 to 6.0 million.

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Nonfarm payroll employment rose by 1.4 million in August, and the Unemployment rate fell to 8.4 percent

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the staff of the Ridgewood blog

Washington DC, Total nonfarm payroll employment rose by 1.4 million in August, and the unemployment rate fell to 8.4 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor
market reflect the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. In August, an increase in government
employment largely reflected temporary hiring for the 2020 Census. Notable job gains also occurred in retail trade, in professional and business services, in leisure and hospitality, and
in education and health services.

Continue reading Nonfarm payroll employment rose by 1.4 million in August, and the Unemployment rate fell to 8.4 percent