Employment News

US created fewest number of jobs in seven months in April - CBS News

59 min 14 sec ago

CBS News

US created fewest number of jobs in seven months in April
CBS News
Last Updated May 6, 2016 9:49 AM EDT. U.S. employers adding only 160,000 jobs in April, the fewest in seven months and less than the expected 200,000, with muted economic growth inspiring companies to expand their payrolls at a more modest pace.

The Employment Situation in April - The White House (blog)

1 hour 9 min ago

The White House (blog)

The Employment Situation in April
The White House (blog)
Summary: The economy added 160,000 jobs in April, extending the longest streak of private-sector job growth on record, as wage growth picked up. The longest streak of private-sector job growth on record continued in April, with businesses adding 171 ...
The April jobs report: America's Coke Zero recovery continuesAmerican Enterprise Institute

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This Was a (Mildly) Disappointing Jobs Report - New York Times

1 hour 33 min ago

New York Times

This Was a (Mildly) Disappointing Jobs Report
New York Times
It's inevitable that the next six installments of the monthly jobs report before the November election will be judged by their political implications. So let's save some time by looking at the April numbers, released Friday, through that prism. Hillary ...

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Forget weak jobs report, this labor economist sees good things by Election Day - CNBC

2 hours 48 sec ago

CNBC

Forget weak jobs report, this labor economist sees good things by Election Day
CNBC
Job seekers, right, speak with recruiters at the San Jose Career Fair in San Jose, California. Despite the weaker-than-expected April government jobs report, the nation's labor market should be at full employment by the Election Day, Moody's Analytics ...

Europe falls after US jobs disappoints; oil prices, miners slip - CNBC

2 hours 4 min ago

CNBC

Europe falls after US jobs disappoints; oil prices, miners slip
CNBC
European stocks traded mostly in the red on Friday as the latest U.S. jobs figure came in below expectations and a renewed downturn in commodity stocks and prices weighed on sentiment. The pan-European Stoxx 600 index was off some 0.5 percent during ...
European stocks extend losses after disappointing US jobs dataMorningstar.com

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US Economy Gains 160000 Jobs In April; Unemployment Rate Holds Steady - NPR

2 hours 12 min ago

US Economy Gains 160000 Jobs In April; Unemployment Rate Holds Steady
NPR
The U.S. economy added 160,000 jobs in April, according to the Bureau of Labor Statistics in its monthly report. The unemployment rate last month held steady at 5 percent, Friday's report says. Analysts had expected the economy to gain significantly ...

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Canada Loses 2100 Jobs in April as Consumers Temper Oil Damage - Bloomberg

2 hours 12 min ago

CBC.ca

Canada Loses 2100 Jobs in April as Consumers Temper Oil Damage
Bloomberg
Canada's employment declined by 2,100 positions in April as cutbacks linked to the struggling energy industry exceeded gains from consumer spending. The jobs loss follows a gain of 40,600 in March, Statistics Canada said Friday in Ottawa, keeping the ...
Canada sheds 2100 jobs in AprilCBC.ca
EconomyCanada unexpectedly shed jobs in AprilFinancial Times
UPDATE 1-Canada sheds 2100 jobs in April as Alberta weighsReuters
The Globe and Mail (subscription) -Financial Post -Reuters Canada
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U.S. hiring slows: Only 160000 jobs added in April - CNNMoney

2 hours 15 min ago

CNNMoney

U.S. hiring slows: Only 160000 jobs added in April
CNNMoney
Only 160,000 jobs were added last month, according to the Labor Department's latest report. Economists surveyed by CNNMoney had predicted 197,000 jobs would be added. Goldman Sachs expected even higher: 240,000. Concerns are rising that the U.S. ...
Employers added disappointing 160000 jobs in AprilUSA TODAY
US Payroll Gains Slow in April, Adding 160000 JobsWall Street Journal
US employment slows as only 160000 jobs created in April, joblessness rate at 5.0 percentWashington Post
MarketWatch -Politico
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Huge miss on the jobs report - Business Insider

2 hours 16 min ago

Business Insider

Huge miss on the jobs report
Business Insider
The US economy added 160,000 jobs in April, fewer than expected, as the unemployment rate held steady at 5%. Economists had forecast that nonfarm payrolls grew by 200,000 and that the unemployment rate fell to 4.9%. Construction companies and ...

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Economy|US Added 160000 Jobs Last Month as Brisk Hiring Slowed - New York Times

2 hours 24 min ago

New York Times

Economy|US Added 160000 Jobs Last Month as Brisk Hiring Slowed
New York Times
After months of gravity-defying gains, the American jobs machine cooled in April, as employers took their cue from other signs that economic growth was slowing by easing up on new hiring. The 160,000 increase in payrolls in April reported by the Labor ...
Employers added disappointing 160000 jobs in AprilUSA TODAY
US employment slows as only 160000 jobs created in April, joblessness rate at 5.0 percentWashington Post
US employment gains hit seven-month low, labor force shrinksReuters
The Guardian -Forbes -MarketWatch
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Markets volatile after shock US jobs report - business live - The Guardian

3 hours 12 min ago

The Guardian

Markets volatile after shock US jobs report - business live
The Guardian
Markets are finding it difficult to untangle the details of the latest US data, says Marcus Bullus, trading director of MB Capital. He said: It has been a tale of two reports, as the markets have struggled to reconcile two conflicting indicators ...

US jobs report will show if hiring is still defying slow GDP - The Seattle Times

3 hours 36 min ago

US jobs report will show if hiring is still defying slow GDP
The Seattle Times
WASHINGTON (AP) — U.S. employers have been hiring at a healthy clip for six months even as the economy has slowed to an anemic pace. Friday's jobs report for April will help answer a key question: How long can this go on? At least a while longer, most ...

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Jobs bloom from a cleaner environment - CNBC

3 hours 53 min ago

CNBC

Jobs bloom from a cleaner environment
CNBC
On a clear day in East Providence, Rhode Island, dirt-filled dump trucks, bulldozers and a man with a hose engage in a carefully choreographed dance. The dump trucks unload the dirt, bulldozers push it down a smooth, sloped embankment near the ...

5 things to know about the 44153 jobs coming to Oakland County by 2018 - MLive.com

4 hours 23 min ago

MLive.com

5 things to know about the 44153 jobs coming to Oakland County by 2018
MLive.com
Oakland County's job growth will continue through 2018, according to researchers who expect the unemployment rate for Michigan's second-most populated county to fall to 3.3 percent in three years. That was just part of the forecast showcasing Oakland ...

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Why Jobs Reports Are Less Useful for Business - Fortune

5 hours 57 min ago

Fortune

Why Jobs Reports Are Less Useful for Business
Fortune
They're not what they used to be. It's been 100 years since America's Bureau of Labor Statistics started publishing its jobs numbers. This morning—and with every revolution of the moon around the earth—the independent, technocratic, no-frills ...

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Global Shares Lower Ahead of Closely Watched US Jobs Report - ABC News

6 hours 1 min ago

Global Shares Lower Ahead of Closely Watched US Jobs Report
ABC News
Global markets were mostly lower in nervous trading Friday ahead of a closely watched U.S. jobs-report that may influence interest rate decisions and the value of the U.S. dollar. KEEPING SCORE: France's CAC 40 fell 0.7 percent to 4,291.21 in early ...

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US Jobs Report Will Show If Hiring Is Still Defying Slow GDP - ABC News

7 hours 54 min ago

US Jobs Report Will Show If Hiring Is Still Defying Slow GDP
ABC News
U.S. employers have been hiring at a healthy clip for six months even as the economy has slowed to an anemic pace. Friday's jobs report for April will help answer a key question: How long can this go on? At least a while longer, most economists think.

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Caution reigns on Asia bourses ahead of US jobs report - Financial Times

May 5, 2016 - 10:14pm

Financial Times

Caution reigns on Asia bourses ahead of US jobs report
Financial Times
Friday 03:35 BST. Stocks in Japan dropped and the yen strengthened as trading resumed after a three-day break, while caution dominated other Asian markets ahead of key US jobs data. Japanese markets have been closed since Tuesday for a public ...
Dollar firms ahead of US jobs report, Aussie hits two-month lowReuters
Asian shares languish near three-week low ahead of US jobs dataBusiness Insider
Japanese Stocks Drop After Three Days Off Ahead of Jobs ReportBloomberg

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Jobs report could complicate Fed's rate plans - USA TODAY

May 5, 2016 - 8:42pm

USA TODAY

Jobs report could complicate Fed's rate plans
USA TODAY
In the world of David Daglio, manager of the Dreyfus Opportunistic Midcap Value fund, a U.S. economy that is “slowly getting better” coupled with the Federal Reserve staying “moderately accommodative” is the not-too-hot, not-too-cold setup he views as ...

Jobs expected to shine even in dull economy - CNBC

May 5, 2016 - 5:31pm

CNBC

Jobs expected to shine even in dull economy
CNBC
Hiring was expected to have continued at a strong pace in April, even as the economy grows at a sluggish pace. The April employment report is expected at 8:30 a.m. EDT Friday, and according to Thomson Reuters, economists forecast 202,000 jobs were ...