The employment situation in June has shown promise in creating opportunities and increasing wage growth. The performance by the US economy has exceeded the expectations as it added nearly 224,000 jobs, thus providing more opportunities against the market expectations of 162,000 jobs. The employment situation in June, th.... Read more »
The employment situation for the month of May has steadfastly maintained the growth achieved in the month of April. The unemployment rate has remained at 3.6 percent, which still remains to be the lowest rate in the last 50 years. The month of May will be the record 15th month to witness the rate of unemployment grow und.... Read more »
The rate of unemployment in the United States reached a record low by the end of April, which is said to have the lowest rate of unemployment in the last 50 years. The unemployment rate dropped to 3.6%, and the month of April will be the 14th consecutive month to record an unemployment rate below 4 percent. While the drop in the rate of unemploy.... Read more »
In March, the total non-farm payroll increased by 196,000 while the unemployment rate remained unchanged at 3.8 percent. The major gainers were in the field of health care and people employed in technical and professional services.
The total nonfarm payroll employment in February changed a little by 20,000 as compared to January. The unemployment rate has decreased to 3.8 percent. The main reason for improvement in unemployment rate is based on professional and business services, wholesale trade, health care that saw a trend up while construction employment decreased.
Total employment in the nonfarming sector has seen a considerable rise in the month of December. The nonfarm sector witnessed an addition of 312,000 jobs, which in comparison to November (added 155,000 jobs), is substantial growth. The rate of unemployment, however, increased in December from 3.7% Read more »
The US government has been in partial shutdown since December 22, 2018, as President Trump continues to demand more than $5 billion for the border wall between US and Mexico. At this time, since the Democrats control the House, they continue to suggest that they won’t agree to any new money for the wall. Though Trump would not declare a state of national emergency.... Read more »
Total employment in the non-farm category increased by 155,000 for the month of November. The rate of employment has remained unchanged at 3.7%, as per the reports of the U.S. Bureau of Labor Statistics. The report also states that sectors such as healthcare, manufacturing, transportation, and warehousing have recorded job gains.
The drop in soybean exports and the record high increase in imports of consumer goods has created a US trade deficit which is at a 10-year high. This would mean that the Trump administration’s tariff-related measures to reduce the trade gap have been ineffective.
New data suggests that private employers hired fewe.... Read more »
The Total non-farm payroll employment in the United States rose by 250,000 in October and the unemployment rate remained unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reports. Job gains occurred in the health care industries, manufacturing, construction, and in transportation Read more »