jimnyc
05-05-2017, 04:34 PM
US created 211,000 jobs in April, vs 185,000 jobs expected
Job creation in April bounced back from a disappointing March, with nonfarm payrolls growing by 211,000 while the unemployment rate fell to 4.4 percent, its lowest since May 2007.
Economists surveyed by Reuters had been expecting payroll growth of 185,000 and the headline jobless rate to tick up one-tenth to 4.6 percent. The payroll increase nearly tripled the dismal March number.
Market experts believe the report likely cements an imminent interest rate hike.
http://www.cnbc.com/2017/05/05/nonfarm-payrolls-april-2017.html
U.S. job growth rebounds sharply, unemployment rate hits 4.4 percent (10 year low)
U.S. job growth rebounded sharply in April and the unemployment rate dropped to 4.4 percent, near a 10-year low, pointing to a tightening labor market that likely seals the case for an interest rate increase next month despite moderate wage growth.
Nonfarm payrolls surged by 211,000 jobs last month after a paltry gain of 79,000 in March, the Labor Department said on Friday. April's job growth, which was broad-based, surpassed this year's monthly average of 185,000.
There were hefty increases in leisure and hospitality, healthcare and social assistance as well as business and professional services payrolls.
The drop of one-tenth of a percentage point in the jobless rate took it to its lowest level since May 2007 and well below the most recent Federal Reserve median forecast for full employment.
http://www.reuters.com/article/us-usa-economy-idUSKBN1810BZ?il=0
153,156,000 Employed Americans in April, 3rd Straight Record; Unemployment Rate Dips to 4.4%
(CNSNews.com) - The number of employed Americans set a third straight monthly record in April, increasing by 156,000 to 153,156,000; and the nation's unemployment rate dropped a tenth of a point to 4.4 percent.
On the negative side, the Labor Department’s Bureau of Labor Statistics said the labor force participation rate dropped a tenth of a point in April; and the number of Americans NOT in the labor force increased for the second straight month to 94,375,000, compared with 94,213,000 in March.
The numbers are important: People who are employed have Social Security and other payroll taxes deducted from their paychecks, and those taxes help to support many other people who do not work for various reasons and who may receive taxpayer-funded entitlements or benefits.
The Bureau of Labor Statistics says the economy added 211,000 jobs last month, a much stronger showing than the 98,000 jobs added in March.
http://www.cnsnews.com/news/article/susan-jones/153156000-employed-americans-april-3rd-straight-record-unemployment-rate
Job creation in April bounced back from a disappointing March, with nonfarm payrolls growing by 211,000 while the unemployment rate fell to 4.4 percent, its lowest since May 2007.
Economists surveyed by Reuters had been expecting payroll growth of 185,000 and the headline jobless rate to tick up one-tenth to 4.6 percent. The payroll increase nearly tripled the dismal March number.
Market experts believe the report likely cements an imminent interest rate hike.
http://www.cnbc.com/2017/05/05/nonfarm-payrolls-april-2017.html
U.S. job growth rebounds sharply, unemployment rate hits 4.4 percent (10 year low)
U.S. job growth rebounded sharply in April and the unemployment rate dropped to 4.4 percent, near a 10-year low, pointing to a tightening labor market that likely seals the case for an interest rate increase next month despite moderate wage growth.
Nonfarm payrolls surged by 211,000 jobs last month after a paltry gain of 79,000 in March, the Labor Department said on Friday. April's job growth, which was broad-based, surpassed this year's monthly average of 185,000.
There were hefty increases in leisure and hospitality, healthcare and social assistance as well as business and professional services payrolls.
The drop of one-tenth of a percentage point in the jobless rate took it to its lowest level since May 2007 and well below the most recent Federal Reserve median forecast for full employment.
http://www.reuters.com/article/us-usa-economy-idUSKBN1810BZ?il=0
153,156,000 Employed Americans in April, 3rd Straight Record; Unemployment Rate Dips to 4.4%
(CNSNews.com) - The number of employed Americans set a third straight monthly record in April, increasing by 156,000 to 153,156,000; and the nation's unemployment rate dropped a tenth of a point to 4.4 percent.
On the negative side, the Labor Department’s Bureau of Labor Statistics said the labor force participation rate dropped a tenth of a point in April; and the number of Americans NOT in the labor force increased for the second straight month to 94,375,000, compared with 94,213,000 in March.
The numbers are important: People who are employed have Social Security and other payroll taxes deducted from their paychecks, and those taxes help to support many other people who do not work for various reasons and who may receive taxpayer-funded entitlements or benefits.
The Bureau of Labor Statistics says the economy added 211,000 jobs last month, a much stronger showing than the 98,000 jobs added in March.
http://www.cnsnews.com/news/article/susan-jones/153156000-employed-americans-april-3rd-straight-record-unemployment-rate