October job growth rose to 250,000, unemployment rate unchanged at 3.7 percent

October nonfarm payroll employment rose by 250,000 -- far higher than estimates -- and the unemployment rate was unchanged at 3.7 percent. Wage gains also grew at their highest level since 2009, up 3.1 percent year-on-year.

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ADP: Private sector job growth rose to 227,000 in October

Private-sector employment increased by 227,000 in October, on a seasonally adjusted basis.  This growth rate compares with 218,000 in September and 161,000 in October of 2017.

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October planned job cuts up sharply due to Verizon buyouts

U.S.-based employers announced plans to cut 75,644 jobs from their payrolls in October, up 36.8 percent from September and 153.6 percent higher year-on-year, although 58.2 percent of these cuts were for a single employer, Verizon. October job cuts are the highest since July 2015, when 105,696 cuts were announced, but YTD job cuts are still up just 5.5 percent from 2017.

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Initial unemployment claims dip by 2,000 in weekly report

In the week ending August 11, initial unemployment claims were 212,000, a decrease of 2,000 from the previous week's revised level. The 4-week moving average was 215,500, an increase of 1,000 from the previous week's revised average.

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Initial unemployment claims dip 6,000 in weekly report

In the week ending August 4, initial unemployment claims were 213,000, a decrease of 6,000 from the previous week's revised level. The 4-week moving average was 214,250, a decrease of 500 from
the previous week's revised average.

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JOLTS: June job openings rose 0.5 percent as surplus of open positions remains

Although overall job openings were nearly flat between the final days of May and June (rising by 0.5 percent to 6.7 million), hires fell 1.67 percent while separations rose 1.53 percent. With 6.6 million unemployed persons in June (falling to 6.3 million in July), there still likely remains a surplus of open positions.

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Jobs rose by 157,000 in July, unemployment rate edged down to 3.9 percent

Total nonfarm payroll employment rose by 157,000 in July, and the unemployment rate edged down  to 3.9 percent. This growth rate compares with 248,000 in June and 190,000 in July of 2017. Employment increased in professional and business services, in manufacturing, and in health care and social assistance.

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Initial unemployment claims rise by 1,000 in weekly report

In the week ending July 28, initial unemployment claims were 218,000, an increase of 1,000 from the previous week's unrevised level of 217,000. The 4-week moving average was 214,500, a decrease of 3,500 from the previous week's unrevised average of 218,000.

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Initial unemployment claims rise by 9,000 in weekly report

In the week ending July 21, initial unemployment claims were 217,000, an increase of 9,000 from the previous week's revised level. The 4-week moving average was 218,000, a decrease of 2,750 from the previous week's revised average.

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Initial unemployment dip by 18,000 in weekly report

In the week ending July 7, initial unemployment claims were 214,000, a decrease of 18,000 from the previous week's revised level. The 4-week moving average was 223,000, a decrease of 1,750 from the previous week's revised average.

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JOLTS: Job openings dipped 3.0 percent in May as hiring picked up

The number of job openings edged down 3.0 percent to 6.6 million on the last business day of May. Over the month, hires rose 3.1 percent to 5.8 million, while separations rose 0.8 percent to 5.5 million.

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June Employment Trends Index rebounded from May, up 5.2 percent year-on-year

As expected, after decreasing in May, the Employment Trends Index continued its solid path upwards in June, with positive contributions from all of its components and rising by 5.2 percent year-over-year to 108.94. The labor market will continue to tighten in the coming months, with strong employment growth outpacing the number of people entering the labor force.

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Jobs grew by 213,000 in June, unemployment rate ticked back up to 4.0 percent

Total nonfarm payroll employment increased by 213,000 in June, and the unemployment rate rose to 4.0 percent as more job seekers came off of the sidelines. Job growth occurred in professional and business services, manufacturing, and health care, while retail trade lost jobs.

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Initial unemployment claims rise by 3,000 in latest report

In the week ending June 30, initial unemployment claims were 231,000, an increase of 3,000 from the previous week's revised level. The 4-week moving average was 224,500, an increase of 2,250 from the previous week's revised average.

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ADP: Private Sector Employment Increased by 177,000 Jobs in June

Private-sector employment increased by 177,000 from May to June, on a seasonally adjusted basis.  This compares with growth of 189,000 in May and 154,000 last June.

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Initial unemployment claims rise 9,000 in weekly report

In the week ending June 23, initial unemployment claims were 227,000, an increase of 9,000 from the previous week's unrevised level of 218,000. The 4-week moving average was 222,000, an increase of 1,000 from the previous week's unrevised average of 221,000.

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Initial unemployment claims dip 3,000 in latest report

In the week ending June 16, initial unemployment claims were 218,000, a decrease of 3,000 from the previous week's revised level. The previous week's average was revised up by 750 from 224,250 to 225,000.

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Initial unemployment claims fall 4,000 in latest update

In the week ending June 9, initial unemployment claims were 218,000, a decrease of 4,000 from the previous week's unrevised level of 222,000. The 4-week moving average was 224,250, a decrease of 1,250 from the previous week's unrevised average of 225,500.

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Initial unemployment claims fall 1,000 in weekly report

In the week ending June 2, initial unemployment claims were 222,000, a decrease of 1,000 from the previous week's revised level. The 4-week moving average was 225,500, an increase of 2,750 from the previous week's revised average.

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May job openings rose to 6.7 million, 302,000 more than number of job seekers

The number of open jobs in May rose by one percent from April to another series high of 6.7 million.  This number exceeds the number of jobless by over 300,000.  At the same time, hiring rose 1.7 percent to 5.6 million, and the quits rose 1.6 percent to 5.4 million.

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