The United States labor market put in a tepid performance in June, with the addition of only 223,000 jobs, according to a report released by the Bureau of Labor Statistics on Thursday. That was short of analysts’ exceptions, which put estimates for June job growth in the 225,000 to 230,000 territory. According to the household survey, unemployment declined to a seven-year low of 5.3% in June, after inching up to 5.5% in May. Though the jobs report’s top line numbers were not too bad, a closely-watched sub-indicator didn’t show such good news: hourly wages remained flat in June.
BING NEWS:
- Unemployment numbers in for Iowa and Illinois
Unemployment numbers are in for both Iowa and Illinois. Iowa’s unemployment rate fell to 2.9%, which is down one-tenth of a point from February. The state’s labor force participation rate fell to 67% ...
04/18/2024 - 10:21 am | View Link - IOWA JOBLESS RATE HOLDS STEADY
THE UNEMPLOYMENT NUMBERS FOR MARCH ARE OUT AND IOWA WORKFORCE DEVELOPMENT EXECUTIVE DIRECTOR BETH TOWNSEND SAYS THINGS ARE HOLDING STEADY. IAJOBLESS1 OC….A GOOD SIGN” :07 TOWNSEND SAYS. THE WORKFORCE ...
04/18/2024 - 8:59 am | View Link - U.S. unemployment would be higher if illegal immigration was properly counted, Goldman Sachs estimates
The unemployment rate would be higher if the full impact of immigration, much of it illegal, was included, according to a new report from Goldman ...
04/18/2024 - 12:09 am | View Link - Unemployment rate hits six-month high as economic uncertainty stalls job market
Employment rates dipped while unemployment reached a six-month high, according to the latest figures from the Office for National Statistics ...
04/16/2024 - 12:23 am | View Link - U.S. GDP growth isn’t cooling off after all—expect more jobs, more inflation, and fewer rate cuts, Wells Fargo says
Wells Fargo Investment Institute just lifted its 2024 GDP forecast from 1.3% to 2.5%, and warned inflation won’t be tamed soon either.
04/15/2024 - 10:19 am | View Link - More
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