economic data

Unemployment, Hourly Pay Decline In November; Employers Add 178,000 Jobs

U.S. employers added 178,000 new non-farm jobs during November, according to a government employment report that’s only surprise was a sharp decline in the unemployment rate to 4.6 percent. Today’s monthly report from the U.S. Department of Labor showed private-sector employers added 156,000 jobs. The service sector accounted for 139,000. Goods producers accounted…

Jobs Up 178,000 In November; Unemployment Takes Sharp Drop

U.S. employers added 178,000 new non-farm jobs during November, according to a government employment report that’s only surprise was a sharp decline in the unemployment rate to 4.6%. Today’s monthly report from the Department of Labor showed private sector employers added 156,000 jobs. The service sector accounted for 139,000. Goods producers accounted for…

ADP Report: Employers Added 216,000 More Jobs This Month

Private-sector employers hired nearly 100,000 more workers this month than in October, adding 216,000 more workers, almost all of them in the services sector. HR services and payroll processor ADP and its partner, Moody’s Analytics, reported this morning that consumer-driven hiring especially by mid-size and large employers fueled the growth. Hiring was strong…

Private Sector Hiring Soared to 216,000 This Month

Private sector hiring soared in November as employers added 216,000 new workers, just shy of 100,000 than the 119,000 hired in October. HR services and payroll processor ADP and its partner, Moody’s Analytics, reported this morning that consumer-driven hiring especially by mid-size and large employers fueled the growth. Hiring was strong in most…

Wages Jump In October As Employers Add 161,000 New Workers

Wages were the October economic surprise as a government report this morning said average annual hourly pay increased to 2.8% during the month, while employers added 161,000 workers to their payrolls and unemployment dipped to 4.9%. Both job growth and the unemployment rate were largely in line with what economists were expecting. The…

ADP Report: Private Employers Added 147,000 Workers In October

ADP said private employers added 147,000 new workers to the payrolls last month, the smallest private sector jobs increase reported by the payroll processing and HR services company since April. Economists were expecting the ADP National Employment Report would show an increase in the range of 165,000 to about 170,000. However, ADP, and…

Wages Rise In July As Employers Add 255,000 More Workers

Whatever caused May’s payrolls to grow hardly at all now looks like a bad blip after the Labor Department’s report this morning showing hiring surged in July, adding 255,000 new nonfarm jobs. The Labor Department’s monthly jobs report blew through the consensus forecasts of labor economists which predicted July saw about 180,000 new…

Temp Keeps Growing As Nation Adds 223,000 Jobs In June

Employment agencies were among the biggest contributors last month to the 223,000 new jobs added to the U.S. economy. Temp agencies grew their workforce by 19,800, while placement services and registries added another 9,300 jobs. The report this morning from the Labor Department’s Bureau of Labor Statistics said that overall, the nation’s service…

ADP Says Small Businesses Powered June’s 237,000 New Jobs

Small businesses again led the way to the largest number of new private sector jobs to be created in six months. The ADP National Employment Report counted 237,000 new jobs in June, 120,000 of them created at companies with fewer than 50 employees. June’s job growth handily exceeded consensus estimates by labor economists….

Strong Private Sector Job Growth In June Adds 237,000 Workers; Small Businesses Lead the Way

Small businesses again led the way to the largest number of new private sector jobs to be created in six months. The ADP National Employment Report counted 237,000 new jobs in June, 120,000 of them created at companies with fewer than 50 employees. The sector that includes temp workers and some of the…