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unemployment Articles
The Bureau of Labor Statistics has confirmed that hiring hit a serious wall in May. But there is some data that may skew some of the payroll views.
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The monthly ADP National Employment Report gets to act as a preliminary view for the U.S. Department of Labor's Employment Situation Report.
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Despite trade tensions with China in the past few weeks, consumer confidence is relatively high, according to the Conference Board. In fact, the numbers are near an 18-year high.
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If you were expecting a weak jobs report, this was the wrong first Friday of the month for you. U.S. Department of Labor says payrolls increased more than expected in April.
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What the market is going to want here is a solid jobs number that is also "not too solid" because the market does not want Federal Reserve Chair Jerome Powell and other members of the Fed to return...
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There was good news again on the retail sales front after some prior disappointments, and the weekly jobless claims were quite low.
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The unemployment rate for black Americans in March was 76% higher than the 3.8% rate among all Americans and even worse when compared to white and Asian Americans.
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It looks like the fears about the jobs market might have been misguided. The March payrolls gains were strong enough to support better growth without tipping the Federal Reserve's hand in either...
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The unemployment rate for African Americans during the fourth quarter of last year was the highest among all racial and ethnic groups, clocking in at more than double the rate for white or Asian...
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U.S. businesses cut more than 60,000 jobs in March, bringing the total for the first quarter to more than 190,000 jobs lost for the year to date. The first-quarter total is the highest in 10 years.
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Using the ADP report to predict the formal government payrolls data is not science. That said, it is frequently used for a directional indicator of the government report.
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While the jobs market remains strong, there are some signals out there that the robust jobs market of the past two years is finally starting to see the beginnings of cooling off.
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Economists worry that the country added only 20,000 jobs in February, well below the rate over the past two years. And the numbers do not really reflect how many Americans don't have jobs.
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The unemployment rate among black Americans has risen to 7%, which is 86% above the national average.
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Some reports from the U.S. Department of Labor show stronger than expected monthly payroll gains, while others do not. The case for February was the latter.
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