Monthly Jobs Report

Without the Gov't jobs, the unemployment rate would have been 4.5%.

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https://www.zerohedge.com/economics...g-jobs-report-record-surge-government-workers
 

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U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike

Nonfarm payrolls increased by 12,000 for the month, down sharply from September and below the Dow Jones estimate for 100,000.

The unemployment rate held at 4.1%, in line with expectations.

The BLS noted that the Boeing strike likely subtracted 44,000 jobs in the manufacturing sector, while hurricanes also likely held back the total.

Revisions lowered previously reported job creation totals by 112,000 for August and September combined.

 

Transmission of material in this news release is embargoed until USDL-24-2477
8:30 a.m. (ET) Friday, December 6, 2024
Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate
changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment
trended up in health care, leisure and hospitality, government, and social assistance. Retail
trade lost jobs.
 
US labor market finishes 2024 on high note, adding 256,000 jobs in December as unemployment falls to 4.1%

Data from the Bureau of Labor Statistics released Friday showed 256,000 new jobs were created in December, far more than the 165,000 expected by economists and higher than the 212,000 seen in November. The unemployment rate fell to 4.1% from 4.2% in November. December marked the most monthly job gains seen since March 2023.

 
U.S. economy added just 143,000 jobs in January but unemployment rate fell to 4%

Nonfarm payrolls climbed by a seasonally adjusted 143,000 for the month, down from an upwardly revised 307,000 in December and below the 169,000 forecast from Dow Jones. The unemployment rate nudged lower to 4%.

The report also featured significant benchmark revisions to the 2024 totals that saw substantial downward changes to the previous payrolls level though upward revisions to those who reported holding jobs.

Along with the upward revision to the December count, the BLS took up the November total to 261,000, a change of 49,000. The two months together saw upward revisions of 100,000.

 
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U.S. payroll growth totals 151,000 in February, less than expected

Nonfarm payrolls increased by a seasonally adjusted 151,000 on the month, better than the downwardly revised 125,000 in January but less than the 170,000 consensus forecast.

Federal government employment declined by 10,000 in February though government payrolls overall increased by 11,000.

Average hourly earnings increased 0.3%, as expected, though the annual increase of 4% was a bit softer than the 4.2% forecast.

 
Despite the massive layoffs in gov't jobs last month, the jobs report easily tops estimates? This is either really good, or really fishy. :unsure:


U.S. payrolls rose by 228,000 in March, but unemployment rate increases to 4.2%

Nonfarm payrolls in March increased 228,000 for the month, up from the revised 117,000 in February and better than the Dow Jones estimate for 140,000.

Health care was the leading growth area, consistent with prior months. The industry added 54,000 jobs, almost exactly in line with its 12-month average.

Average hourly earnings increased 0.3% on the month, in line with the forecast, while the annual rate of 3.8%, the lowest level since July 2024.

 
I just heard the the gov't layoffs were not in the jobs report because the judge reinstated many of them with back pay.
 
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