Thread: Monthly Jobs Report

Payrolls rose 311,000 in February, more than expected, showing solid growth

Nonfarm payrolls rose by 311,000 in February, above the 225,000 Dow Jones estimate.

The unemployment rate increased to 3.6%, above expectations.

Average hourly earnings increased 4.6% from a year ago, in a positive sign for inflation.

Leisure and hospitality, retail and government led job creation by sector.

https://www.cnbc.com/2023/03/10/jobs...uary-2023.html

Job growth totals 236,000 in March, near expectations as hiring pace slows

Nonfarm payrolls grew by 236,000 for March, compared to the Dow Jones estimate for 238,000 and below the upwardly revised 326,000 in February.

The unemployment rate ticked lower to 3.5% amid an increase in labor force participation, against expectations that it would hold at 3.6%

Average hourly earnings rose 0.3%, pushing the 12-month increase to 4.2%, the lowest level since June 2021.

The unemployment rate for Blacks tumbled 0.7 percentage points to a record low 5%.

https://www.cnbc.com/2023/04/07/jobs...arch-2023.html

Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows

Nonfarm payrolls increased 253,000 for April, beating Wall Street estimates for growth of 180,000.

The unemployment rate was 3.4% against an estimate for 3.6% and tied for the lowest level since 1969.

Average hourly earnings rose 0.5% for the month and increased 4.4% from a year ago, both higher than expected.

https://www.cnbc.com/2023/05/05/jobs...-in-april.html

Payrolls rose 339,000 in May, much better than expected in resilient labor market

Payrolls in the public and private sector increased by 339,000 for the month, better than the 190,000 Dow Jones estimate and marking the 29th straight month of positive job growth.

The unemployment rate rose to 3.7% in May against the estimate for 3.5%, even though the labor force participation rate was unchanged. The jobless rate was the highest since October 2022, though still near the lowest since 1969.

https://www.cnbc.com/2023/06/02/jobs...may-2023-.html

Payrolls rose by 209,000 in June, less than expected, as jobs growth wobbles

Nonfarm payrolls increased 209,000 in June, below the consensus estimate for 240,000.

The unemployment rate was 3.6%, down 0.1 percentage point. However, a more encompassing jobless level rose to 6.9%.

Government hiring led the job gains, followed by health care, social assistance and construction.

Wages rose 4.4% from a year ago, slightly higher than expectations.

https://www.cnbc.com/2023/07/07/jobs...une-2023-.html


So who do we trust? Someone is doing a bad job.

There had been some anticipation that the Labor Department report could show a much higher than anticipated number after payrolls processing firm ADP on Thursday reported growth in private sector jobs of 497,000.

The U.S. economy added 187,000 jobs in July, less than expected

Nonfarm payrolls were expected to increase by 200,000 in July, according to the Dow Jones consensus estimate.

This is breaking news. Please check back here for updates.

https://www.cnbc.com/2023/08/04/jobs...s-in-july.html

Sorry, I know James already posted this, but I like to keep a copy of these all in one thread for future refence

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Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000

Nonfarm payrolls grew by a seasonally adjusted 187,000 for the month, above the Dow Jones estimate for 170,000, the U.S. Bureau of Labor Statistics reported Friday.

However, the unemployment rate was 3.8%, up significantly from July and the highest since February 2022, and estimates for previous months showed sharp downward revision.

https://www.cnbc.com/2023/09/01/jobs...gust-2023.html

Payrolls soared by 336,000 in September, defying expectations for a hiring slowdown

Nonfarm payrolls increased by 336,000 for the month, better than the Dow Jones consensus estimate for 170,000.

Average hourly earnings rose 0.2% for the month and 4.2% from a year ago, compared to respective estimates for 0.3% and 4.3%.

The unemployment rate was 3.8%, compared to the forecast for 3.7%.

Leisure and hospitality led job growth, followed by government and health care.

https://www.cnbc.com/2023/10/06/jobs...mber-2023.html

U.S. payrolls increased by 150,000 in October, less than expected

Nonfarm payrolls increased by 150,000 for the month, against the consensus forecast for an increase of 170,000. That was a sharp decline from the gain of 297,000 in September.

The unemployment rate rose to 3.9%, the highest level since January 2022, amid a sharp decline in household employment.

From a sector standpoint, health care led with 58,000 new jobs. Other leading gainers included government (51,000), construction (23,000) and social assistance (19,000).

Manufacturing posted a decline, mostly due to the auto strikes.

https://www.cnbc.com/2023/11/03/jobs...-expected.html

U.S. payrolls rose 199,000 in November, unemployment rate falls to 3.7%

Nonfarm payrolls rose by a seasonally adjusted 199,000 in November, slightly better than the 190,000 Dow Jones estimate and ahead of the October gain of 150,000.

The unemployment rate declined to 3.7%, compared with the forecast for 3.9%, as the labor force participation rate edged higher.

Health care was the biggest growth industry, adding 77,000. Other big gainers included government (49,000), manufacturing (28,000), and leisure and hospitality (40,000).

Jobs report November 2023: U.S. payrolls rose 199,000 unemployment rate falls to 3.7%

U.S. payrolls increased by 216,000 in December, much better than expected

December’s jobs report showed employers added 216,000 jobs for the month while the unemployment rate held at 3.7%. That compared with respective estimates of 170,000 and 3.8%.

The hiring boost came from a gain of 52,000 in government jobs and another 38,000 in health care-related fields such as ambulatory health-care services and hospitals.

Average hourly earnings rose 0.4% on the month and were up 4.1% from a year ago, both higher than the respective estimates for 0.3% and 3.9%.

Jobs report December 2023: Payrolls increased by 216,000 in December