The economy created 313,000 jobs in February, official figures show, far in excess of analysts’ expectations. However, the unemployment rate remained at 4.1%, while the annual earnings growth rate slowed to 2.6% last month.
Job Growth Fails to Meet Expectations. By Toni Vranjes. September 1, 2017. Payrolls increased by only 156,000 last month, as job creation in the U.S. missed expectations. Meanwhile, the unemployment rate increased slightly, from 4.3 percent to 4.4 percent. Economists had expected job growth of 180,000 in August, according to a Reuters report.
Latest Jobs Report Shows Highest Employment Growth in 8 Months Economy The Labor Department’s report shows a hiring surge in June as the employment situation rebounds from weak numbers last month.
Job creation in the US economy surged last month, but the annual rate of wage growth slowed. The economy created 313,000 jobs in February, official figures show, far in excess of analysts.
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Economists agree the trade war is taking a meaningful bite out of growth at home, with Fed researchers pegging. an attempt to lay a foundation for more senior-level talks next month. But.
Data on the weekend showed that the world’s second largest economy, China, grew at its slowest pace (+6.6% y/y) in nearly three-decades in 2018, while yesterday, the IMF cut its forecasts for global.
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Jobs data highlights divergence between Canada, U.S. Nice headline, sorry about the facts: The gain of 23,000 jobs masks that almost all of them were self-employed or part-time, economists say