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Employers Add Jobs in November, Unemployment Drops Employers added a few more jobs than expected in November, according to the latest employment report from the U.S. Bureau of Labor Statistics (BLS). A total of 199,000 new jobs were created, up from October's 150,000 but down significantly from September's revised level of 262,000. The unemployment rate dropped to 3.7 percent.

Employers Add Jobs in November, Unemployment Drops: Employers added a few more jobs than expected in November, according to latest employment report from the U.S. Bureau of Labor Statistics (BLS). A total of 199,000 new... #HRTech #SHRM #BigData

The Labour Department said on Friday that the hiring pace in the United States was even stronger than anticipated, meaning the labour market finished 2023 in good shape. Employers added 216,000 jobs in December, according to the jobs report, and the unemployment rate remained at 3.7%. Payroll growth was significantly higher than the downwardly revised 173,000 in November. Additionally, October's numbers were downgraded from 150,000 to 105,000, suggesting a somewhat weaker picture of growth in the fourth quarter. Follow for more such content. Stay informed on the latest business news by visiting our website. #globalbusinessandfinancemagazine #businessnews #news #internationalnews #business #globalbusiness #globenews #newsupdates #todaysupdates

The August 2024 Employment Situation report from the Bureau of Labor Statistics shows the U.S. economy added 142,000 jobs, with the unemployment rate steady at 4.2%. Key growth occurred in construction and healthcare, but manufacturing experienced a slight dip. Wages saw a 0.4% rise, marking a 3.8% annual increase, and labor force participation remains at 62.7%. Despite slower job growth compared to previous months, the labor market maintains a steady trajectory. #staffingstatistics #WorkforceTrends #EmploymentGrowth #temporarystaffing #staffingindustry #2024Insights #careeropportunities #b2b #staffing #b2bstaffing #CareerSuccess #employment #contractstaffing #IndustryInsights #EmploymentInsights #staffingagency #staffingsolutions #careerdevelopment #hiringnow #staffinginsight #WorkforceSolutions #laborstatistics #jobsnyc #arizonajobs #newjerseyjobs

📊 According to new data from the Office for National Statistics, the unemployment rate has risen to 4.2% in Q3 as hiring slows down. The latest figures also suggest that even as the UK labour market loosens, finding the right talent remains a challenge, with the average time to hire rising to 6.1 weeks. Explore our breakdown of the data ⬇️ https://lnkd.in/eTfv6BV5

Unemployment increased at the beginning of this year as employers continued to rein in recruitment. The latest official labour market estimates from the ONS showed the unemployment rate increased to 4.2% from December 2023 to February 2024 (a six-month high and a slight increase from the previous three-month period (4.0%)). Those unemployed for over six and up to 12 months increased in the latest quarter, following recent declines, and those unemployed for over 12 months continued to increase. Meanwhile, employers were hesitant to recruit, with the estimated number of vacancies posted in January to March 2024 falling to 916,000, around 13,000 fewer than the previous quarter and the 21st consecutive quarterly fall in vacancies. #statistics #unemployment #recruitment

U.S. Economy Added 216,000 Jobs in December. Hiring picked up as employers added 216,000 jobs last month, the Labor Department said Friday. The unemployment rate held at 3.7% Economists surveyed by The Wall Street Journal estimated that employers added 170,000 jobs in December, a pullback from November’s gain, which was aided by the return of auto workers who had been on strike. The annual job gain is set to slow for the second straight year in 2023, though it remained above prepandemic levels. The unemployment... https://lnkd.in/dXwixbC6

May saw 272K jobs added, significantly above forecasts, however unemployment rose slightly to 4%. Whilst this means interest rates are unlikely to come down in the short term, it shows evidence of a robust labor market. Read more about the latest US employment report at https://lnkd.in/e7J4JttQ #ReedUSA #employment #USEmploymentSituation

May saw 272K jobs added, significantly above forecasts, however unemployment rose slightly to 4%. Whilst this means interest rates are unlikely to come down in the short term, it shows evidence of a robust labor market. Read more about the latest US employment report at https://lnkd.in/e7J4JttQ #ReedUSA #employment #USEmploymentSituation

The August employment report reinforces the view that the U.S. labor market is slowing but not breaking.  The labor market has cooled considerably during the past year — a wholly expected development as the demand and supply of workers get back into better balance after the seismic shock of the Covid-19 pandemic — however, concerns have increased in recent months that job growth isn’t just slowing, but deteriorating.