ADP says 156,000 private-sector jobs added created in July

The numbers: The nation’s businesses created 156,000 private-sector jobs in July, payroll processor ADP said Wednesday, showing that companies are still willing to hire despite stiffer headwinds for the economy such as the ongoing trade spat with China. Economists polled by Econoday had forecast a gain of 155,000. Some 112,000 private-sector jobs were added in June, according to revised figures. […]

Read more

The economy is not on thin ice, but another poor jobs report will amp up the anxiety

The U.S. is not stumbling toward recession, but another poor jobs report could trigger a chain reaction on Wall Street and in Washington that reshapes how Americans view the economy. The government on Friday is expected to report the U.S. created a healthy 169,000 new jobs in June, according to a MarketWatch survey of economists. The unemployment rate is likely […]

Read more

Jobless claims edge up to 5-week high of 222,000, but labor market still rock solid

The number of people who applied for jobless benefits in early June edged up to a five-week high, but not enough to signal any deterioration in the strongest U.S. labor market in decades. Initial jobless claimed rose by 3,000 to 222,000, the government said Thursday in the seven days ended June 8. Economists polled by MarketWatch estimated new claims would […]

Read more

American companies added the fewest jobs in 9 years in May, ADP says

The US added far fewer private-sector jobs in May than had been expected, according to the ADP National Employment Report out Wednesday. The surprisingly weak growth suggests the labor market could be cooling down. ADP’s model uses official employment data as well as information from companies that use its payroll-processing services. The private sector created the fewest jobs in nine […]

Read more

Jobless claims jump 37,000 to 230,000 in late April to hit 2 1/2-month high

The numbers: The number of people who applied for unemployment benefits in late April surged to a two-and-a-half month high of 230,000, but the spike was likely exaggerated by spring break and the Easter holiday. New claims are still near historic lows. Jobless claims rose by 37,000 from a revised 193,000 in the prior week, which marked the lowest level […]

Read more

U.S. Private Sector Employment Rises Much Less Than Expected In March

Payroll processor ADP released a report on Wednesday showing much weaker than expected private sector job growth in the month of March. ADP said private sector employment rose by 129,000 jobs in March after jumping by an upwardly revised 197,000 jobs in February. Economists had expected employment to increase by 170,000 jobs compared to the addition of 183,000 jobs originally […]

Read more
1 2 3 8