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Blowout Jobs Report

Blowout Jobs Report

This morning’s employment report for July showed a 943K increase in total nonfarm payrolls, which was above the Investing.com forecast of 870K jobs added. Total nonfarm payroll employment rose by 943,000 in July, and the unemployment rate declined by 0.5...
A Sign of Strength

A Sign of Strength

The numbers:  The U.S. created a robust 850,000 new jobs in June as the economy perked up and companies rushed to add more workers, but at the current pace of hiring it’s likely to take more than a year before employment returns to pre-Covid levels. The increase in...
Unemployment Claims Reach New Pandemic Lows

Unemployment Claims Reach New Pandemic Lows

From WSJ.com:  Worker filings for jobless benefits fell to 364,000 last week, reaching a new pandemic low as layoffs continue to recede. The Labor Department said Thursday initial jobless claims in the week ended June 26 fell by a seasonally adjusted 51,000 from the...