Ujjwal Mishra’s Post

The latest report from the U.S. Bureau of Labor Statistics, The Employment Situation, highlights a positive trend in the labor market. Nonfarm payrolls increased by 206,000 in June, maintaining the unemployment rate at 4.1%. Key sectors such as government, health care, social assistance, and construction saw notable job gains. Meanwhile, the number of long-term unemployed rose by 166,000 to 1.5 million.   Source: https://lnkd.in/e8aFakB   #JobMarket #staffing #jobopenings #hirings #labormarket #EmploymentTrends

📊 Jobs Report for June 2024 📊 The U.S. Bureau of Labor Statistics has released the latest employment figures for June 2024: 🔹 Total nonfarm payroll employment increased by 206,000. 🔹 The unemployment rate remained relatively stable at 4.1%. Notable job gains were seen in: Government Health Care Social Assistance Construction It's also worth noting the revisions to previous months: April's employment change was revised down by 57,000 (from +165,000 to +108,000). May's employment change was revised down by 54,000 (from +272,000 to +218,000). These revisions mean that employment in April and May combined is 111,000 lower than previously reported. This weakening is expected to support rater cuts. #JobsReport #Employment #LaborStatistics #Economy #JobMarket #June2024

📢 July Employment Update 📢 The U.S. unemployment rate rose to 4.3% in July, with nonfarm payroll employment increasing by 114,000 jobs, according to the latest report from the U.S. Bureau of Labor Statistics. 📊 Key Highlights: Unemployment Rate: Increased by 0.2% to 4.3% Unemployed People: Up by 352,000 to 7.2 million Health Care: Added 55,000 jobs Construction: Added 25,000 jobs Transportation & Warehousing: Added 14,000 jobs Government Jobs: Increased by 17,000 jobs Labor Participation Rate: Steady at 62.7% Stay informed with Premier Staff Services for all your staffing needs in the healthcare or industrial sectors. We’re here to help you navigate these changes and connect you with top talent. #PremierStaffServices #EmploymentUpdate #JobMarket #UnemploymentRate #HealthcareJobs #ConstructionJobs #TransportationJobs #GovernmentJobs #StaffingSolutions #JobGrowth #LaborStatistics #LaborParticipationRate

The US economy added fewer jobs than expected in July, while the unemployment rate unexpectedly rose to 4.3%, furthering signs of a slowdown in the labor market. Data from the Bureau of Labor Statistics released Friday showed the labor market added 114,000 nonfarm payroll jobs in July, fewer additions than the 175,000 expected by economists. #mudragunafundsmart #usa #economy #unemployment #BureauofLaborStatistics #labormarket

The teetering U.S. labor market grew by less than expected last month, according to a Friday release from the Labor Department, sending a chill through Wall Street as the threat of a recession lingers. The Labor Department said U.S. employers reported an increase of 142,000 nonfarm payrolls in August, up from July’s initially reported 114,000 jobs added but falling short of economist estimates of 160,000, according to FactSet. https://trib.al/5lvlLlE

As we await the latest data from the BLS, we're diving into the labor market dynamics of March. Total nonfarm payroll employment surged by 303,000 jobs, yet the unemployment rate remained at 3.8%. Key sectors like healthcare and government witnessed notable job gains, while the automotive industry experienced a slight decline. For a more detailed overview, read the article by our CEO and founder, Mike Cioffi. #Employment #Trends #LaborMarket #Insights

📢Exciting news for 𝗠𝗮𝗿𝗰𝗵 2024: U.S. unemployment rate dips to 3.8%, with 303,000 payroll jobs added! 📈 Job gains occurred in healthcare, government, and construction. Positive signs for the economy! Get the latest updates from the U.S. Bureau of Labor Statistics. https://lnkd.in/gJmAUfrx #UnemploymentRate #EconomicUpdate #LaborStat #USSA #UnitedStates

📊 What’s Happening with US Government Jobs Data? 🤔 The September jobs report reveals a striking 785,000 new government jobs created—marking the second-largest monthly increase on record. Government positions accounted for a staggering 85% of the total payroll increase in the household survey. Key points: - The number of government workers reached an all-time high of 22.2 million. - This surge helped lower the unemployment rate from 4.2% to 4.1%. - Without these government jobs, the unemployment rate could have risen to 4.5%. Something doesn’t add up here. What are the implications for the economy and job market? Let’s discuss! 💬👇 #JobsReport #Economy #LaborMarket #Unemployment 

Last week’s jobs report presented new evidence that the U.S. labor market continues its delicate balancing act toward a soft landing. While the jobs report’s headline metric of nonfarm payrolls posted a 277,000 advance in November, another gauge of household employment declined by about 355k people, raising questions as to which is the stronger signal for the labor market. https://lnkd.in/gXyknQbq

Last week’s jobs report presented new evidence that the U.S. labor market continues its delicate balancing act toward a soft landing. While the jobs report’s headline metric of nonfarm payrolls posted a 277,000 advance in November, another gauge of household employment declined by about 355k people, raising questions as to which is the stronger signal for the labor market. https://lnkd.in/gptw_4HY