Nonfarm Payrolls

The U.S. economy experienced almost no job growth in October as the pace of employment creation slowed to its lowest level since December 2020, according to the official jobs report released Friday. This downturn likely reflects the impact of hurricane disruptions, strikes in manufacturing and...

Traders are eagerly awaiting October’s official jobs data, set for release on Friday at 8:30 a.m. ET — widely viewed as the week’s most crucial economic event. The Employment Situation report is expected to provide valuable insights into the resilience of the U.S. labor market,...

Editor’s note: This story has been updated with additional details. Signs of a healthy labor market emerged from the official September jobs report, as the U.S. economy added 254,000 nonfarm payroll jobs last month, reflecting a strong improvement over August's upwardly revised figure of 159...

Data on the U.S. labor market could signal how aggressive the Federal Reserve will be when deciding if they should cut interest rates in November, after already announcing a rate cut of 50 basis points in September. The Bureau of Labor Statistics is set to release the official September jobs report...

Wall Street breathed a sigh of relief Friday after the August jobs report signaled economic resilience, calming recession fears that had escalated following weak labor data in July and earlier this week. The U.S. economy added 142,000 nonfarm payrolls in August, up from the previous month's...

The August jobs report is the week's most anticipated economic release as investors closely watch for signs of a rebound in the U.S. labor market following the recession-like figures seen in July. The Employment Situation report for July revealed a significant slowdown in job creation, with total...

Editor’s note: This story has been updated to correct a sentence to reflect that nonfarm payrolls totaled 114,000 in July, a slowdown of 65,000 from the previous month. The pace of job creation slowed in July, signaling cooling labor market conditions and strengthening the case for imminent...

The number of job openings held steady at 8.2 million on the last business day of June, surpassing the estimated 8 million and aligning with upwardly revised May 2024 figures. This data released Tuesday kicks off a week filled with significant labor market indicators. On Wednesday, ADP will...

The official June labor market report for the United States indicates mixed conditions, showing robust employment growth but a slowdown in wage increases, which may support expectations for upcoming interest rate cuts. In June, the U.S. economy added 206,000 new jobs, a reduction from the...

The U.S. labor market showcased its resilience in May, with nonfarm payrolls surging by 272,000, far surpassing the anticipated 180,000. The upper range among economist predictions, as compiled by Econoday, was 225,000, so even the most optimistic forecasters had not anticipated the booming...

In April, the U.S. economy added 175,000 jobs, falling short of expectations and down from the 315,000 jobs added the previous month. Surprisingly, the unemployment rate inched up from 3.8% to 3.9%, although maintaining a level below 4% for the 27th consecutive month—a streak not seen since the...

Editor’s note: This story has been updated with additional details. The April performance of the U.S. labor market missed expectations, providing some evidence of cooling economic momentum and potentially leaving the door open for interest rate reductions later this year. U.S. employers added...

Bank of America U.S. economist Michael Gapen recently provided insights into the expected performance of the U.S. employment sector for April, forecasting nonfarm payrolls will see an increase of 250,000, marking a slight deceleration from the 276,000 average gain over the previous three months....

The pace of employment growth beat economist expectations to the upside in November, indicating a more pronounced strength in the U.S. labor market than initially projected. Non-farm payrolls (NFPs) grew by 199,000 in November, an increase from the 150,000 reported in October and above the expected...

The October nonfarm payrolls report released Friday shows an increase of 150,000 jobs and an unemployment rate of 3.9%. Yet the piece of the report that steals the spotlight is the the 33,000-job decline in the motor vehicles and parts manufacturing space, courtesy the UAW strike. The 33K-Job Gap:...