labor markets

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…

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…

Jobs Jump In June While Wages Predicted to Rise This Year

Non-farm jobs jumped by a surprisingly robust 287,000 in June, exceeding all but the most optimistic expectations. It was the second largest jobs increase in a year and follows a month where new jobs grew by a paltry 11,000, down from an initial report of 38,000. This morning’s report from the Bureau of…

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…