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