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U.S. employment increased by 254,000 in September 2024, according to the Bureau of Labor Statistics’ (BLS). #Jobgrowth was nearly 70% higher than the 150,000 jobs increase Dow Jones predicted. The national unemployment decreased slightly to 4.1%.   This BLS report also included revised monthly growth totals. The August 2024 total updated from 142,000 jobs added to 159,000. The July 2024 job growth changed from 89,000 to 144,000 jobs added. Read the #jobsreport below: https://lnkd.in/g_2cZvus   Click the “like” button if you think we’ll see accelerated job growth in Q4.

📊 US Job Market Update: August 2024 Key takeaways from the latest labor report: ✅142,000 jobs added in August, below expectations of 165,000 ✅ Unemployment rate decreased slightly to 4.2% ✅ Manufacturing saw a loss of 24,000 jobs in durable goods ✅ Average hourly earnings rose 0.4% to $35.21 These figures suggest a cooling labor market, potentially paving the way for Fed rate cuts. Get the rest of the details with Rivet|MRO: https://bit.ly/47vn2pU #EconomicUpdate #JobMarket #FederalReserve #TuesdayTidbit

Economist expectations were shattered as the BLS released the first jobs report of the year. 353k jobs were added overall and unemployment stayed put at 3.7% (staying under 4% for the 24th consecutive month and nearing a 50 year low). Analysts had predicted 175k job additions with a slight uptick in unemployment. The report comes as a bit of shock to the market as we typically see more job losses this time of year due to seasonal workers exiting the workforce after the holidays. Here are some key highlights from this morning’s report: 353K total jobs added 9.9K engineering jobs added 23K manufacturing jobs added The January jobs report shows that labor demand, especially for STEM specialists, is expected to remain solid, with Americans employed and enjoying strong wage growth. America's job market remains shockingly robust in the face of the highest interest rates in 23 years. And the January report could have finally quelled Wall Street's belief that the Federal Reserve could start to cut interest rates as soon as March, according to futures. Read our latest blog post breaking down the numbers and what they mean for the future of our industry. https://lnkd.in/enD7WEsk

The jobs market is cooling ❄️. The U.S. economy added a lower-than-expected 114,000 jobs in July 📉, while the unemployment rate increased to its highest level since October 2021. 📈 Check out our latest jobs report to learn what happened in the labor market in July: https://hubs.li/Q02KpMCs0 #labormarket #unemploymentrate

The jobs market is cooling ❄️. The U.S. economy added a lower-than-expected 114,000 jobs in July 📉, while the unemployment rate increased to its highest level since October 2021. 📈 Check out our latest jobs report to learn what happened in the labor market in July: https://hubs.li/Q02KpKjf0 #labormarket #unemploymentrate

Economist expectations were shattered as the BLS released the first jobs report of the year. 353k jobs were added overall and unemployment stayed put at 3.7% (staying under 4% for the 24th consecutive month and nearing a 50 year low). Analysts had predicted 175k job additions with a slight uptick in unemployment. The report comes as a bit of shock to the market as we typically see more job losses this time of year due to seasonal workers exiting the workforce after the holidays. Here are some key highlights from this morning’s report: 353K total jobs added 9.9K engineering jobs added 23K manufacturing jobs added The January jobs report shows that labor demand, especially for STEM specialists, is expected to remain solid, with Americans employed and enjoying strong wage growth. America's job market remains shockingly robust in the face of the highest interest rates in 23 years. And the January report could have finally quelled Wall Street's belief that the Federal Reserve could start to cut interest rates as soon as March, according to futures. Read our latest blog post breaking down the numbers and what they mean for the future of our industry. https://lnkd.in/enD7WEsk

The U.S. labor market started 2024 with the strongest jobs report in recent history by adding 353,000 jobs in January, far above the Dow Jones estimate of 185,000. 💪 Check out our latest jobs report: https://hubs.li/Q02kwF680 #labormarket #unemploymentrate

The slowdown in job growth to just 12,000 jobs in October, coupled with steady unemployment at 4.1% and a 0.4% rise in wages, suggests a mixed economic outlook. For organizations, this could mean a more cautious approach to hiring, focusing on critical roles and efficiency improvements. Industries might see varied impacts, with some sectors potentially tightening their hiring processes while others might continue to expand cautiously. How do you see this affecting your industry specifically? Let’s discuss further! #Jobs #BLS #LHH

Revised data released by the Bureau of Labor Statistics on Wednesday showed job growth in the U.S. was weaker than previously reported in the twelve months ended March 2024. The BLS said the U.S. economy added 818,000 fewer jobs from March 2023 to March 2024 than initially reported, reflecting 0.5 percent weaker job growth. The data showed a significant downward revision to job growth in the professional and business services sector, which added 358,000 fewer jobs than previously reported. #USeconomy #jobs #labormarket #USjobs #bls #employment #USD

Employers added 142,000 jobs in August 2024, according to the Bureau of Labor Statistics’ (BLS). #Jobgrowth was below the 161,000 Dow Jones projected. National unemployment decreased to 4.2%.   This most recent BLS report also noted significant revisions. The July 2024 total was updated from 114,000 jobs added to 89,000. The June 2024 job growth changed from 179,000 to 118,000. View the complete #jobsreport below: https://lnkd.in/g_2cZvus   Click the “like” button if you think we’ll see another month of modest job gains in the next report.