The #JobsReport numbers are out; with 275k jobs added in February, the unemployment rate increased to 3.9%, and the labor participation rate remained at 62.5%.
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The US labor market added 254,000 jobs in September, with the unemployment rate falling to 4.1%, highlighting resilience and continued growth. Read the Latest full News - https://lnkd.in/dsZfCYVB #USJobsReport #LaborMarket #EmploymentGrowth #JobCreation #UnemploymentRate #EconomicOutlook #ConsumerConfidence #FedPolicy
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From Linkedin News: In a sign of a still resilient labor market, the U.S. economy added 272,000 jobs in May, far more than expected, the Bureau of Labor Statistics reported Friday. However, the unemployment rate ticked up to 4.0%, its highest level in two years. Job growth had been undershooting the monthly average seen in the first quarter, with a revised 165,000 new nonfarm payrolls in April. A tighter labor market and its contribution to inflationary pressures may undermine the case for interest-rate cuts anytime soon. https://lnkd.in/gyQ3gjrz
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The job market is heating up again. The US economy added 254k jobs in September, well above expectations of 147K with unemployment falling to 4.1%, August payrolls were also revised up +17k to +159k, along with July being revised up +55k to +144k. Market expectations of deeper rate cuts are certainly being challenged as the bond market is now forecasting a 25 percent reduction rather than 50 at the next meeting #jobs #economy #fed #interestrates
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The US economy LOST 192,000 jobs in Q3 2023, according to the BED report released by the BLS last week. BED data tracks quarterly changes in employment at all private businesses in the US economy. Meanwhile, US nonfarm payrolls data showed that the US labor market added 494,000 new jobs in Q3 2023. This is a WHOPPING 686,000 difference in job count over just one quarter. The BED data from the BLS suggests that the final labor market revisions released in 2025 will be MUCH lower than the headline-reported job numbers. What is happening here? (TKL)
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📉 October Jobs Report Highlights 12,000 jobs added (weakest since Dec. 2020). 🔻 Unemployment is steady at 4.1%. ☀️ The U.S. labor force participation rate held at 62.7%. August & September revisions: 112,000 fewer jobs than reported. Stay tuned for updates. 🎯 #MarketTrends #LaborMarket #JobsReport #EconomyUpdate #AAP #AllAboutPersonnel
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Recent trends show a mixed picture for manufacturing and production, with modest job growth but signs of a stabilizing market. Challenges like automation and supply chain pressures persist, but opportunities are emerging as industries embrace advanced manufacturing technologies and sustainability practices. Looking ahead to 2025, investments in reshoring, green energy production, and workforce development could drive significant growth, creating higher-skilled positions and boosting job opportunities in these sectors. The focus on innovation and domestic production may pave the way for a stronger manufacturing job market. #ManufacturingJobs #FutureOfProduction #WorkforceInnovation
📉 October Jobs Report Highlights 12,000 jobs added (weakest since Dec. 2020). 🔻 Unemployment is steady at 4.1%. ☀️ The U.S. labor force participation rate held at 62.7%. August & September revisions: 112,000 fewer jobs than reported. Stay tuned for updates. 🎯 #MarketTrends #LaborMarket #JobsReport #EconomyUpdate #AAP #AllAboutPersonnel
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📈 Key Takeaways from the September 2024 BLS Jobs Report: • Job Growth: 254,000 jobs added, surpassing expectations. • Unemployment Rate: Decreased to 4.1%. • Labor Force Growth: An increase of 150,000 workers. • Wage Increase: Average wages rose by 4%, outpacing inflation. For more insights, check out the full report here: https://lnkd.in/e8aFakB To learn more about Search Solution Group, visit our website here: https://lnkd.in/gxq36bfb #BLS #JobsReport #EmploymentSituation #Recruitment #JobMarket #JobMarketTrends #JobMarket2024
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Job growth surged in September as unemployment rate edged down: https://ow.ly/Pfxg50TE93i
Job growth surged in September as unemployment rate edged down
axios.com
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Incredible news on the job front! U.S. payrolls jumped an astonishing 303,000 in March, marking the biggest rise in nearly a year. Alongside this, the unemployment rate dropped, indicating an economy powered by a strong labor market. The numbers even exceeded all projections, giving us a clear indicator of a robust and thriving business environment. These aren't just statistics; they're a testament to the hard work of everyone contributing to our thriving economy. As we continue to navigate the professional landscape, it's essential to recognize and celebrate these wins that illustrate the resilience and growth of our economy. This data undoubtedly brings a host of opportunities for businesses looking to expand and individuals seeking new professional avenues. So, are you ready to take advantage of this booming job market? #USJobs #Economy #JobMarket #BusinessNews What's your strategy for leveraging these promising market conditions? News Source → https://lnkd.in/giCPBmxs
US Jobs Roar Again as Payrolls Jump 303,000, Unemployment Drops
bloomberg.com
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The August employment data showed the unemployment rate ticked down to 4.2%, as widely expected, but payrolls growth has slowed and a trend rise in the unemployment rate is still intact. Read the full report here.
US Economic Update - September 2024 | Business Research and Insights
business.nab.com.au
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