jobs report

Stories 1 - 20 |  Next >>

We Might Need a Better Way to Collect Jobs Data


We Need a
Better Way
to Collect
Jobs Data
the rundown

We Need a Better Way to Collect Jobs Data

Trump firing calls attention to the Labor Department's process

(Newser) - The Labor Department revised previous jobs numbers so dramatically last week that President Trump said they had to have been "rigged." (He even fired the head of the Bureau of Labor Statistics.) Skeptics reject the idea of rigged numbers, but even some in this camp say the...

Trump Wants 'His Own People' Counting Jobs, Hassett Says

Others maintain McEntarfer couldn't have altered report's numbers

(Newser) - The director of the White House National Economic Council defended President Trump's firing of the official charged with compiling employment data, saying Sunday that the president needs information he can trust. "The president wants his own people there, so that when we see the numbers, they're more...

Republicans, Democrats, Data Experts Rip Trump's Firing

Tillis suggests the dismissal over jobs report reflects a lack of maturity

(Newser) - A smattering of Republicans have aligned with the opposition party in denouncing President Trump's firing of the head of the Bureau of Labor Statistics in response to Friday's bleak jobs report. Democrats called the firing corrupt and a totalitarian move, the Hill reports, with Sen. Brian Schatz saying...

Trump Says Job Stats Were Cooked, Orders Firing

President suggests without evidence that Biden appointee distorted Labor Department numbers

(Newser) - Hours after the release of a jobs report that showed hiring has been weak, President Trump ordered the Bureau of Labor Statistics' commissioner fired. "I have directed my Team to fire this Biden Political Appointee, IMMEDIATELY," Trump posted Friday on social media, Bloomberg reports. "She will be...

Jobs Report Suggests Employers Are Nervous

July numbers are weak, and numbers for the previous 2 months dropped sharply in revisions

(Newser) - The latest jobs report shows clear signs of a weakening labor market:
  • Employers added a modest 73,000 jobs in July, below even Wall Street's consensus forecast of 100,000, reports CNBC .
  • The unemployment rate rose to 4.2% from 4.1%.
  • The May and June jobs numbers were
...

Jobs Report Again Defies Expectations

Employers added 147K jobs despite predictions of a slowdown

(Newser) - The new jobs report is out for June, and it came in stronger than expected. In fact, both the AP and CNBC use the same phrase—"surprising resilience"—to describe the state of things.
  • Numbers: Employers added 147,000 jobs in June, above expectations of 110,000, reports
...

Hiring Comes in Stronger Than Expected

It's a slowdown from last month, but not as much as forecast

(Newser) - US employers slowed hiring last month, but still added a solid 139,000 jobs amid uncertainty over President Trump's trade wars. Hiring fell from a revised 147,000 in April, the Department of Labor said Friday. The unemployment rate stayed at 4.2%.
  • Above expectations: The stats are modestly
...

'Tariff Uncertainty' Could Weigh on Jobs Report
Hiring Comes in
Stronger Than Expected
UPDATED

Hiring Comes in Stronger Than Expected

Employers add 177K jobs in March, though full effect of tariffs may not be evident yet

(Newser) - The new jobs report beat expectations, showing that employers added 177,000 jobs in April, reports CNBC . Analysts anticipated about 133,000. The new figure is down from 228,000 in March, though it was positive enough to cheer Wall Street: Dow futures were up more than 300 points in...

Strong Jobs Report Defies Expectations

Employers add more jobs than predicted, nearly 230K

(Newser) - The new jobs report is out, and it reflects hiring that was much stronger than expected. The impact of Friday's data on the markets, however, is being overshadowed by the new trade war that has begun after President Trump's tariffs.
  • Employers added 228,000 jobs in March, up
...

New Jobs Report Lower Than Expected

But unemployment rate falls to 4%

(Newser) - The new unemployment report is out, and the gist seems to be: lower than expected but still solid, reports the Washington Post .
  • Hiring: Employers added 143,000 jobs in January, below expectations of 169,000, reports CNBC .
  • Unemployment: The rate fell to 4% from 4.1%, though it had been
...

Jobs Report Comes in Much Stronger Than Expected

Employers add 256K, above estimates of 155K

(Newser) - The new jobs report is out, and hiring was much stronger than expected in December. The robust number is expected to further dampen the Federal Reserve's appetite for rate cuts. Details:
  • The number: Employers added 256,000 jobs in December, well above Wall Street's expectations of 155,000,
...

New Jobs Report Stronger Than Expected

Employers add 227K workers in November, a big rebound from October

(Newser) - America's job market rebounded in November—a solid recovery from October, when the effects of strikes and hurricanes had sharply diminished employers' payrolls.
  • Main number: Employers added 227,000 jobs, slightly above expectations of 214,000, reports CNBC . The figure also is up considerably from a meager gain of
...

Stronger-Than-Expected Jobs Report Gets a 'Wow'

Feds say employers added 254K jobs last month

(Newser) - America's employers added a surprisingly strong 254,000 jobs in September, the latest evidence that the US labor market is still solid enough to support steady hiring and a growing economy. Last month's hiring gain was up sharply from the 159,000 jobs that were added in August,...

Much-Anticipated Jobs Report a Bit Weaker Than Expected

Employers added 142K jobs in August, fewer than forecast, but that's up from July

(Newser) - One of the most anticipated jobs reports in years is out, and it's a mix of good and bad news. One big takeaway is that the data keeps the Federal Reserve on track to cut interest rates later this month, though the size of the potential cut isn't...

Why the Latest Jobs Report Is Such a Big Deal

It could affect White House race as well as Fed rate cuts

(Newser) - The monthly jobs report comes out Friday morning and since it has the potential to affect both the presidential race and the Federal Reserve's long-anticipated interest rate cut, it's being very closely watched. Economists will be watching to see if the unexpected spike in the unemployment rate in...

All Those Jobs We Added? The Estimate Was Way Off

Preliminary revision moves count down by 818K jobs for 12 months ending in March

(Newser) - Each year, the Labor Department reconciles the monthly estimates of new jobs with the actual unemployment tax records that meander in from the states. This year's preliminary revision, for the 12 months ending in March 2024, is a sizable one: The US added 818,000 fewer jobs over that...

Wall Street Selloff Intensifies After Jobs Report
Dow Is Plunging
After Jobs Report

Dow Is Plunging After Jobs Report

Index down more than 900 points after weak employment data

(Newser) - Friday morning's weak jobs report has led to a selloff on Wall Street: The Dow plunged more than 900 points, or 2.3%, in late-morning trading, while the S&P 500 was off 2.2% and the tech-centric Nasdaq was down 2.4%. In fact, the benchmark S&P...

Jobs Report Shows 'Another Healthy Month of Hiring'

America's employers added 206K jobs in June, a strong gain despite pullback from May's numbers

(Newser) - America's employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again displaying the US economy's ability to withstand continually high interest rates. Last month's job growth did mark a pullback from 218,000 in May. But it was still a strong...

Employers Defy Expectations on Hiring

Latest report is much stronger than expected, and Wall Street isn't thrilled

(Newser) - The latest jobs report came in much stronger than expected, but that sign of continued economic strength isn't playing well on Wall Street:
  • New jobs: Employers added 272,000 jobs in May, well above expectations of 190,000, reports CNBC . The figure is also up sharply from April's
...

New Jobs Report Is Weaker Than Expected
US Hiring Slows
More Than Expected

US Hiring Slows More Than Expected

Modest numbers please Wall Street

(Newser) - The nation's employers pulled back on their hiring in April in a sign that persistently high interest rates may be starting to take a bigger toll on the economy, per the AP .
  • Main number: Employers added 175,000 jobs last month, down from a robust 315,000 in March
...

Stories 1 - 20 |  Next >>
Most Read on Newser