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Latest Breaking News On - Labor market data - Page 6 : comparemela.com
Job Market Is Strong, but It Means Recession Next Year Could Hurt More
Hiring and wage growth were still booming in November, which is good news for workers but might not be for the economy.
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November Jobs Report: 263,000 Payrolls Added, Unemployment Rate at 3 7%
The increase beat the forecast from economists but was lower than October's revised figure, while unemployment held steady at 3.7%.
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October Jobs Report: 261,000 Payrolls Added, Unemployment Rate at 3 7%
The US added 261,000 jobs in October, better than economists expected, and the unemployment rate rose to 3.7%.
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September Jobs Report: 263,000 Payrolls Added, Unemployment at 3 5%
Job creation slowed for the second straight month but remains above the pre-pandemic average, showing that the US is still nowhere near a recession.
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Wage Gains for Job Switchers Are Quickly Cooling Down, ADP Says
Job switchers' wages rose 15.7% in the year through September, ADP said. That's down from August's 16.2% gain and likely to fall further.
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