Hickey Jobs Report Analysis - March, 2024
Surprising many economists, American employers once again outpaced market expectations by adding 303,000 jobs in March. Further, the nation’s unemployment rate dropped back down to 3.8 percent, again defying outlooks. We’re tracking these latest updates, along with labor force participation rates, wage shifts, and inflationary concerns.
For more key insights into the latest U.S. Jobs Report release, dive into our March 2024 Jobs Report Analysis!
Hickey Jobs Report Analysis - February, 2024
Once again, the American economy exceeded expectations in the jobs markets by adding 275,000 new workers to the nation’s payrolls in February. However, there are mixed signs in the latest data which may show cooling in the labor market as unemployment increased to 3.9 percent and wage growth slowed.
For more key insights into the latest U.S. Jobs Report release, dive into our February 2024 Jobs Report Analysis!
Hickey Jobs Report Analysis January 2024
Stating out the new year with a bang, The U.S. economy vastly outdid market expectations by adding 353,000 new jobs in the first month of 2024 which defied all expectations. Meanwhile, the nation’s unemployment rate remained at 3.7 percent for the third consecutive month. This now marks the 24th straight month being below the 4 percent threshold, a stretch not seen since 1967.
For more key insights into the latest U.S. Jobs Report release, dive into our January 2024 Jobs Report Analysis!
Hickey Jobs Report Analysis December 2023
As we close out 2023, we are closely tracking the latest Jobs Report, along with labor force participation rates, wage shifts, and inflationary concerns.
Dive into our latest Jobs Report Analysis to understand labor statistics, job growth, and the roles of healthcare, government, and manufacturing sectors in shaping the economy of the United States.
Hickey Jobs Report Update November 2023
Dive into the U.S. November 2023 Jobs Report to understand labor statistics, job growth, and the roles of healthcare, government, and manufacturing sectors in shaping the economy of the United States.
Hickey Jobs Report Update October 2023
Dive into the U.S. October 2023 Jobs Report to understand labor statistics, job growth, and the roles of healthcare, government, and social assistance sectors in shaping the economy of the United States.
Hickey Jobs Report Update March 2023
The economy slightly missed economic forecasts by only adding 236,000 jobs in March, according to the latest U.S. Jobs Report. Showing signs of cooling in the nation’s labor markets, the latest figures track closely with economic metrics seen across other key workforce measures, including the Job Openings and Labor Turnover Survey (JOLTS). Along with the new jobs, the unemployment rate ticked back down to 3.5 percent.
Hickey Jobs Report Update February 2023
Despite exceeding expectations by adding 311,000 new jobs in February, the latest U.S. Jobs Report delivered mixed results for the national economy. With continued hiring momentum across key sectors, wage growth slowed, and unemployment ticked back up to 3.6 percent. Data from today’s release, as well as, from the recent Job Openings and Labor Turnover Survey (JOLTS), quit rates have dropped significantly.
Hickey Jobs Report Update January 2023
As we closed out 2022, the U.S. economy added another 223,000 new jobs in the month of December. According to the latest U.S. Bureau of Labor Statistics Jobs Report, with the addition of more jobs in the economy, the unemployment rate saw a slight decrease to 3.5 percent, returning once again to pre-pandemic levels.
Hickey Jobs Report Update December 2022
As we closed out 2022, the U.S. economy added another 223,000 new jobs in the month of December. According to the latest U.S. Bureau of Labor Statistics Jobs Report, with the addition of more jobs in the economy, the unemployment rate saw a slight decrease to 3.5 percent, returning once again to pre-pandemic levels.
Hickey Jobs Report Update November 2022
Amidst a contentious election period and continuing economic uncertainty, the American economy still added 263,000 new jobs. According to the latest U.S. Jobs Report from the Bureau of Labor Statistics, the unemployment rate remained unchanged in the month of November and has seen little fluctuation since March, with 6 million unemployed this last month.
Hickey Jobs Report Update October 2022
Ahead of a major midterm election, increasing inflation, rising interest rates, and an uncertain global economy, employers in the United States outpaced expectations by adding more than 261,000 jobs in October. With that hiring surge, the nation’s unemployment rate did increase back up to 3.7 percent, according to the latest U.S. Bureau of Labor Statistics Jobs Report.