US payrolls growth in the year through March is forecasted to be weaker by an estimated 500,000 jobs, according to a preliminary benchmark revision, however, average job growth is expected to remain strong at around 300,000 payrolls per month and economists do not anticipate a significant shift in labor market conditions.
Job creation in the US slowed in August, indicating that the strong economy could be starting to weaken under pressure from higher interest rates. Private employers added 177,000 jobs, well below the previous month's total of 371,000. Pay growth also slowed, suggesting more sustainable growth as the effects of the pandemic recede. Investors and economists remain uncertain about the future of US inflation and whether the economy can continue to grow without a significant slowdown.
The US economy added 177,000 jobs in August, slightly below expectations, but indicating sustainable growth in pay and employment as the effects of the pandemic diminish.
The US added more jobs than expected in August, but the unemployment rate increased, while average hourly earnings and nonfarm payrolls growth were slightly below forecasts.
US job growth picked up in August, but the unemployment rate rose to 3.8% and wage gains moderated, signaling a slowing labor market and reducing expectations for a September interest rate hike by the Federal Reserve.
The US economy added 187,000 jobs in August, but unemployment unexpectedly increased, indicating a cooling labor market, while wages and job growth trend continued to slow.
The August employment report showed an increase in unemployment and a jump in the number of workers unemployed for more than 27 weeks, indicating a normalization of the labor market; however, the report also highlighted the potential for further job gains in September as new labor force entrants search for employment.
The latest jobs report shows 187,000 jobs gained in August, but the unemployment rate also rose to 3.8%.
U.S. private employers added the fewest workers in more than 2-1/2 years in September, with large establishments shedding jobs, but that likely exaggerates the pace of slowdown in the labor market.
Private sector employment increased by 89,000 jobs in September and annual pay was up 5.9 percent year-over-year, signaling a decline in jobs and wages in the past 12 months, according to the September ADP National Employment Report.
The US economy added 89,000 private-sector jobs in September, falling well below expectations of 160,000 jobs, indicating some labor market weakness despite other signs of strength.
According to a report by ADP, US employers added 89,000 new private-sector jobs in September, which is significantly lower than the expected 153,000 new hires. However, data from the Bureau of Labor Statistics showed a surge in available jobs, indicating a contrasting picture of the labor market.
The September jobs report is expected to show a slowdown in job growth in the US, with nonfarm payrolls rising by 170,000 and the unemployment rate dropping slightly to 3.7%.
The US economy added 336,000 jobs in September, surpassing economist predictions and causing a slight dip in the price of bitcoin, while stock and bond prices continue to decline.
US job growth exceeds expectations, with 336,000 jobs added in September, increasing the likelihood of further rate hikes by the Federal Reserve, while in Canada, job gains of 63,800 in September and soaring wages also raise the chances of another rate hike.
Employers added 336,000 jobs in September, beating expectations and indicating the strength and resilience of the US labor market.
The latest U.S. Jobs Report shows 336,000 new jobs added in September, exceeding expectations and indicating a strong economy that may lead to another rate hike from the Fed. Higher Treasury yields may result in more volatility in stocks and impact sectors such as mortgages and finance. However, this may also present attractive buying opportunities in beaten-down market sectors. Investors should conduct solid research and diversify their portfolios.
The US economy added an impressive 336,000 jobs in September, indicating its resilience and suggesting that higher interest rates are here to stay, which could potentially lead to a new bull market for risk assets and cryptocurrencies.
US private sector employers added 113,000 jobs in October, with annual pay up 5.7%, according to a National Employment Report by ADP, indicating steady growth that could boost consumer spending.
The U.S. job market remains strong with 9.6 million job openings in September, despite higher interest rates and attempts by the Federal Reserve to cool the economy.
Private sector employment increased by 113,000 jobs in October, with annual pay up 5.7 percent year-over-year, according to the October ADP National Employment Report.
The October jobs report is expected to show more modest employment growth of around 180,000 jobs, although there are uncertainties due to the impact of labor strikes in various industries, and economists believe that the pace of job growth seen in September is not sustainable for an economy with low unemployment.
The US is projected to have gained about 180,000 jobs in October, with solid but decelerated earnings growth, although the numbers may be held down due to striking autoworkers, according to economists' forecasts; meanwhile, the labor market is loosening, but companies are still struggling to find skilled workers amid cost concerns and elevated interest rates. There are also concerns of a government shutdown in mid-November, which could disrupt data releases and have broader consequences for the economy, though the overall economic picture remains bright with the possibility of the economy continuing to perform well unless major shocks occur or household savings drain faster than expected.
U.S. job growth slows in October, with employers adding 150,000 jobs and the unemployment rate ticking up to 3.9%, signaling a softening labor market.
Despite falling short of expectations, the US labor market remains strong with 150,000 jobs added in October, revisions showing a decrease in job figures for August and September, and a rise in unemployment rate, but overall job creation still appears healthy in the face of extenuating factors and current market conditions.
The US labor market added 150,000 jobs in October, falling below expectations but still showing solid employment growth, despite a decline in the manufacturing sector due to strike activity.
