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Businesses Looking Past Tariff Issues? April Job Openings Beat Expectations: 'Should Give A Lift To The Market'
Wednesday, June 4, 2025 - 6:32am | 630April’s better-than-expected job openings data hinted that businesses were looking past the tariff-induced tension. However, the Bureau of Labor Statistics (BLS) called it "little changed" as analysts assessed its impact on the stock market. What Happened: Job openings rose to 7.391 million...
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Unemployment Rate Ticks Higher In February, US Economy Adds Fewer Jobs Than Expected
Friday, March 7, 2025 - 9:54am | 409The February jobs report from the Bureau of Labor and Statistics, released Friday, showed a moderate increase in employment and also a slight increase in the unemployment rate. The U.S. economy added 151,000 jobs in February, up from a downwardly revised 125,000 in January, but below expectations...
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US Job Market Revision: 306,000 Payrolls Overcounted, Spotlight On California
Wednesday, August 23, 2023 - 10:59am | 368The Bureau of Labor Statistics has cast a sobering light on the state of the U.S. job market through its preliminary benchmark revisions to total nonfarm employment for the year leading up to March 2023. A downward revision of 306,000 payrolls has partially tempered the perception of unflagging...
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Labor Market's True Strength Under Microscope: Analyst Expects 500,000 Fewer Payrolls Wednesday
Tuesday, August 22, 2023 - 3:21pm | 488The Bureau of Labor Statistics is set to release the preliminary estimate of the upcoming annual benchmark revision to payroll data on Wednesday. The benchmark revision aligns jobs data with the precise Quarterly Census of Employment and Wages (QCEW), derived from state unemployment insurance...
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High Interest Rate Casualties Getting New Lease On Life After Cooler CPI Print
Thursday, November 10, 2022 - 3:12pm | 489Companies with high exposure to rising federal interest rates, which makes borrowing more expensive and causes consumers to wait until rates come down, received welcoming news on Thursday. The U.S. Bureau of Labor Statistics (BLS) reported a 7.7% year-over-year increase in the consumer...
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Delta Variant And Racial Gaps In Employment, Wages Persist
Wednesday, September 8, 2021 - 1:21pm | 478Employment rose by 235,000 jobs in August, and the unemployment rate declined by 0.2%, according to the most recent Bureau of Labor Statistics numbers. The unemployment rate now sits at 5.2%. What Happened: While more jobs in the economy is generally welcomed news, many experts, including RSM...
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Fintech Focus For July 20, 2020
Monday, July 20, 2020 - 9:27am | 1771Daily Perspective: Things work out best for those who make the best of how things work out. - John Wooden Fintech Movers: Schwab now manages a record $4.11 trillion in client assets from 14.1 million accounts, having added 1.62 million new clients during the quarter, but still managed to see weak...
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Trump Keeps His Promise To Add Coal Jobs, Though Not To The Degree His EPA Head Claims
Thursday, June 8, 2017 - 12:16pm | 509From the administration’s perspective, the long-declining coal mining sector is looking rosy. “Since the fourth quarter of last year until most recently, we’ve added almost 50,000 jobs in the coal sector,” Environmental Protection Agency Administrator Scott Pruitt said...
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Market Winners And Losers As Food Deflation Persists
Saturday, September 10, 2016 - 6:10pm | 722While consumers have benefited this summer from continued deflation in food prices, investors in food retailers have been starving for returns. From grocers like SUPERVALU INC. (NYSE: SVU), which cut guidance Thursday, to restaurant chains including industry giant Darden Restaurants, Inc. (NYSE:...
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It's A Beat: Non-Farm Payrolls Smash Expectations
Friday, March 4, 2016 - 10:07am | 303The U.S. non-farm payroll numbers topped expectations. Although the beat is an indication that the economy is improving and a positive for the dollar, the bad hourly earnings took some sheen off the report. Total non-farm payroll employment increased by 242,000 in February, and the unemployment...
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CPI Falls 0.3% As Sign Of Deflation
Wednesday, December 17, 2014 - 10:22am | 170The consumer-price index fell 0.3 percent in November, the most in six years, as a sign of deflation. "Persistently low inflation allows Fed policy makers, scheduled to end a two-day meeting [Wednesday], to exercise patience in raising the benchmark interest rates that they’ve held...
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EXCLUSIVE: Kelly Services CEO Carl Camden on the Evolving Competitive Staffing Landscape (KELYA)
Tuesday, July 2, 2013 - 10:04am | 357Editor's Note: More of Carl Camden’s views will be published Friday, July 5, including how the changing job space will affect the staffing industry. President, CEO and director of Kelly Services (NASDAQ: KELYA), Carl Camden, gave Benzinga an exclusive interview last week. Related: Deutsche...
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ADP Employment Report Shows 119,000 New Jobs In April vs. Expectations of 150,000
Wednesday, May 1, 2013 - 9:12am | 514U.S. private employers added just 119,000 jobs, in data released Wednesday morning from ADP, the nation's largest processor of payrolls. This was the fewest number of new jobs added since September 2012. Economists were expecting 150,000 new jobs in the ADP report, and this followed a gain of 131...
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White House Reports 2 Million Jobs Saved or Created Through Stimulus
Wednesday, January 13, 2010 - 11:37am | 316While deficit hawks bemoan the unprecedented spending that began under a Republican president and Congress and that continues under the current administration, the White House reports on some of what that spending has bought. 2 million jobs have been saved or created and the money is only half...