Archive for the ‘Jobs’ Category

Another solid jobs report, but wage growth NOT pushing up price growth (so chill, Fed…)

December 2nd, 2016

Payrolls were up 178,000 last month and the unemployment rate fell to a nine-year low of 4.6 percent, in yet another installment of solid, monthly job reports. Wage growth was flat in November, manufacturing jobs are down, and the labor force contracted slightly, so the report was not uniformly positive. But the job market continues… Read more

Election Eve Jobs Report: The labor market in Oct 2016

November 4th, 2016

Payrolls rose 161,000 last month, in yet another in a series of solid reports on conditions in the US job market. Revisions to prior months added 44,000 to job counts, bringing the near-term (3-month average) trend in job growth to a robust 176,000 per month. The unemployment rate ticked down slightly, but this was due… Read more