Jobs Top Forecasts, Unemployment Up in Mixed Picture for Fed
U.S. businesses reported strong hiring and wage increases in October although the unemployment rate climbed, offering a mixed picture as Federal Reserve officials debate how long to extend their campaign to curb elevated inflation.
Hiring Stayed Solid in September, but Trucking Sheds 11,400 Jobs
WASHINGTON — America’s employers slowed their hiring in September but still added a solid 263,000 jobs — a dose of encouraging news that may mean the Federal Reserve’s drive to cool the job market and ease inflation is starting to make progress. Trucking however saw a sizable decline in truck transportation payrolls.
US Employers Add a Solid 372,000 Jobs
WASHINGTON — America’s employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates to cool the economy and slow price increases.
US Added 390,000 Jobs in May as Hiring Remained Robust
WASHINGTON — U.S. employers added a healthy 390,000 jobs in May, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.
Job Openings Fell in April From March’s Record High
U.S. job openings fell in April from a record in the prior month though remained elevated at about double the number of unemployed Americans, suggesting little relief for employers struggling to attract and retain workers.
US Added 428,000 Jobs in April Despite Surging Inflation
WASHINGTON — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.
US Job Openings Rose Unexpectedly to Record 11.5 Million
U.S. job openings and the number of Americans who quit their jobs in March rose to record highs, indicating that employers continue to struggle to retain and hire workers.
US Added 431,000 Jobs in March in Sign of Economic Health
America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
Companies Added 455,000 Jobs in March, ADP Reports
Employment growth at U.S. companies in March advanced strongly, indicating higher wages are helping firms fill a near-record number of vacancies.
US Added Robust 678,000 Jobs in February
WASHINGTON — U.S. employers added a robust 678,000 jobs in February, another gain that underscored the economy’s solid health as the omicron wave fades and more Americans venture out to spend at restaurants, shops and hotels despite surging inflation.