State labor markets showed mixed results in August, with nonfarm payroll employment increasing in a majority of states. Construction employment also posted a net gain nationally, although employment trends varied across states. The unemployment rate also remained relatively low in …
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February Labor Market Sees Pullback With Widespread Job Declines
February’s labor market data point to a significant pullback in employment, with job losses concentrated across a majority of states and smaller gains elsewhere, according to the National Association of Home Builders (NAHB). In February, nonfarm payroll employment increased in …
Read More »Job Growth Slows Significantly in December
The U.S. economy added 50,000 jobs in December and the unemployment rate was reported at 4.4% for the month, marking little change from the previous month, according to the U.S. Bureau of Labor Statistics (BLS). Overall, 584,000 jobs were added …
Read More »Unemployment Rate Inches Higher After Shutdown
The unemployment rate rose to its four-year high of 4.6%, up from 4.4% year over year, according to the U.S. Bureau of Labor Statistics. Positively, employers added 64,000 jobs in November. Household survey data for October 2025 were not collected …
Read More »Federal Reserve Cuts Interest Rates Amidst Weakening Labor Market
The Federal Reserve reduced interest rates for the first time since December 2024, amid the risk of rising unemployment, and announced more cuts would follow in response to the declining labor market. Interest rates decreased by a quarter of a …
Read More »U.S. Economy Adds 139,000 Jobs in May
Job growth in the U.S. moderated in May despite ongoing economic and policy uncertainty, with the unemployment rate remaining at 4.2%, according to an analysis by the National Association of Home Builder’s (NAHB) Eye on Housing. Over the past 12 …
Read More »Strong U.S. Job Growth Precedes Trade Uncertainty
The U.S. job market added 228,000 jobs in March ahead of President Donald Trump’s imposed tariffs, according to the U.S. Bureau of Labor Statistics’ Employment Situation for March 2025. The number of jobs added last month was up from the …
Read More »U.S. Adds 216,000 Jobs, Unemployment Stays Steady
Total payroll employment increased by 216,000 in December, according to the U.S. Bureau of Labor Statistics (BLS). Unemployment rates also remained unchanged at 3.7% and 0.2 points higher than the same point in 2022. December brought on 17,000 more jobs …
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