unemployment

Careful What You Wish For: Weak May Payrolls Meet Lower Revisions for April and March

Posted: June 7, 2019 at 10:00 am

It has to be an interesting time when the stock market is hoping for slower growth and weaker economic news. That's a recipe that might just tempt Jerome Powell and ...
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ADP Payrolls Report Sets Awful Stage for Labor Department Report

Posted: June 5, 2019 at 10:25 am

The monthly ADP National Employment Report gets to act as a preliminary view for the U.S. Department of Labor's Employment Situation Report. While the reports are not expected to be ...
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Consumer Confidence Unwavering Despite China Trade War

Posted: May 29, 2019 at 9:20 am

Despite trade tensions with China in the past few weeks, consumer confidence is relatively high, according to the Conference Board. In fact, the numbers are near an 18-year high after ...
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April Showers Means More Jobs for the Economy

Posted: May 3, 2019 at 10:10 am

If you were expecting a weak jobs report, this was the wrong first Friday of the month for you. ADP had telegraphed a very strong private sector payrolls report earlier ...
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Why Friday’s Employment Report Has to Be Strong

Posted: May 1, 2019 at 1:55 pm

It is an interesting time in the financial markets. The U.S. stock indexes are basically at or close to all-time highs, but the Federal Reserve tilted its tightening bias to ...
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Weekly Jobless Claims and Retail Sales Bring Stocks Back Up on Thursday

Posted: April 18, 2019 at 9:25 am

Thursday will mark the start of a three-day weekend for millions of Americans who will be out for Good Friday, but the economic reports and earnings are coming out either ...
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Black Unemployment Rates at 76% Above National Average

Posted: April 6, 2019 at 8:30 am

The unemployment rate for black Americans was 6.7% in March, as the overall economy added 196,000 jobs, relatively low, historically, but still higher by 76% than the 3.8% rate among ...
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March Payrolls and Unemployment Act as a Goldilocks Report for the Economy

Posted: April 5, 2019 at 9:50 am

It looks like the fears about the jobs market might have been misguided. All the warning signs were signaling that the jobs market strength was waning, but the Bureau of ...
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Black Americans Are More Likely to Be Unemployed Than Any Other Racial or Ethnic Group

Posted: April 4, 2019 at 10:47 am

The 2018 fourth-quarter unemployment rate for African Americans was 6.5%, more than double the 3.1% rate among white Americans and the 3.2% rate among Asian Americans. Washington, D.C., had the ...
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Job Cuts in Q1 Hit 10-Year High

Posted: April 4, 2019 at 7:55 am

The outplacement firm of Challenger, Gray & Christmas on Thursday released its job-cuts report for March showing that a total of 60,587 planned U.S. job cuts were announced last month, ...
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ADP Sets Stage for Another Weak Labor Department Jobs Report on Friday

Posted: April 3, 2019 at 10:10 am

This Friday's unemployment and nonfarm payrolls report from the U.S. Department of Labor will be looked at quite closely by economists and investors alike to see just how strong the ...
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More Evidence That Jobs Market Is Peaking

Posted: March 21, 2019 at 10:05 am

Since the robust growth of the economy began to peter out in late 2018, economists, business owners and investors alike have looked to see if the jobs market would begin ...
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The Real Unemployment Rate Is Nearly Double What You Think

Posted: March 9, 2019 at 9:10 am

The unemployment rate for February was released by the U.S. Bureau of Labor Statistics (BLS). Economists worried that the country added only 20,000 jobs for the most recent period, well ...
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February Unemployment for One Large Group Hit 7%, Almost Double the National Figure

Posted: March 9, 2019 at 8:20 am

The economy added 20,000 jobs in February, a disappointment by almost any measure. In the past two years, the average monthly job additions have been over 200,000. A silver lining ...
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Weak Payrolls May Have Issues Ahead Other Than Just Weaker Business Trends

Posted: March 8, 2019 at 9:45 am

Some reports from the U.S. Department of Labor show stronger than expected monthly payroll gains, while others do not. The case for February was the latter. The U.S. economy reported ...
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