The downside of the report indicates fewer jobs created for the month, coming in at 151,000. This is against steady growth over the past few months coming in at above 200,000 per month.
And now let’s look at the upside:
First the winning growth categories for the month include; retail with 58,000 jobs, food services with 47,000 jobs and healthcare with 37,000 jobs. Manufacturing added 29,000...
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Small Business Leading The Way In Jobs Report
The November 2015 Jobs Report was issued this past Friday and it did not disappoint. One part of the Jobs Report that we like to see is the continued growth of small business positions. According to the ADP Employment Report issued earlier in the week, small business created over 81,000 jobs in November. That extends the growth of small business jobs we have seen in the past several months.
Tak...
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The First Jobs Report of 2015
Well 2014 is in the books and we now have our first Jobs Report of the New Year. All indications are that we are seeing a continuation of a strong hiring pattern and there is no sign of it letting up any time soon. We’d say that’s good news.
Let’s dig into the report and see what the trends are. First as we saw, there were 257, 000 jobs added in January 2015. A trend that goes right in line with ...
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2014 Jobs Report Ends On A High Note
The employment situation for December 2014 was released on Friday January 9th. Friday’s release puts a capstone on a successful 2014. It caps off a year filled with many months that had well over 200,000 jobs created. Many industries are growing and those industries are contributing to a steady flow of jobs that we believe will extend far into 2015.
On Friday it was indicated that the unemploymen...
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Video-The Latest Jobs Report-Fox News Boston Analysis
On Friday, the October 2014 Jobs Report came out. Brendan King once again sat down with Mark Ockerbloom of Fox 25 News in Boston to go over the details of the latest numbers.
In short, on the national level, the economy added 214,000 jobs in October 2014 according to the BLS report. When you look at the ADP Report issued on the prior Wednesday, small business once again had a leading role in new ...
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Video-September Employment Situation
The September jobs data released last Friday by the BLS showed an increase of 248k new jobs created in the US economy. That is the sixth month this year where the new jobs have been created, in excess of 200k. The ADP employment report released two days prior showed an increase of 88k jobs in small business. Of that 88k, 55% was reported in very small businesses, those with 1-19 employees.
In our...
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Breaking Down the Latest Jobs Numbers-Video
First things first…This is not a time to panic and we do not feel it changes the direction of this recovery.
We have had some strong months for employment numbers this year. Six straight months over 200k and that is even with revisions. However the Jobs Report for August showed 142,000 jobs created. Sometime ago this would have been welcome news when we were trending below 100k per month.
The gr...
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May Jobs Report 2014
The May employment report released on Friday June 6th ran counter to some expectations. The U.S. Labor Department announced 217,000 new jobs were added during the month and that the unemployment rate was unchanged at 6.3 percent.
Analysts predicting a gain of 210,000-215,000 payroll additions in May were surprised Wednesday when payroll processor ADP’s monthly jobs report estimated a mere 179,000...
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April Jobs Numbers & Brendan King on Fox 25
Last Friday’s Jobs news is a big win with 288,000 new jobs added.
This is far ahead of projections by analysts. Also it is key to see how the February and March numbers were revised up. The average number through the first four months of 2014 is 210.500.. Anything above 200k per month supports a sustainable economic recovery.
For 2013 the average was around 195,000 job so it is a nice steady tre...
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Jobs Report for February
The number of Americans filing new claims for unemployment benefits unexpectedly fell and hit a fresh three-month low last week, suggesting a strengthening in labor market conditions.
Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 315,000, the Labor Department said on Thursday. That was the lowest reading since late November.
Claims for the week ended March...
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