Employment costs

U.S. payrolls increased by 150,000 in October, less than expected

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The U.S. economy saw job creation decelerate in October, confirming persistent expectations for a slowdown and possibly taking some heat off the Federal Reserve in its fight against inflation. Nonfarm payrolls increased by 150,000 for the month, the Labor Department reported Friday, against the Dow Jones consensus forecast for an increase of 170,000. The United … Read more

Jobs report Might 2023: Payrolls rose 339,000

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The U.S. financial system continued to crank out jobs in Might, with nonfarm payrolls surging greater than anticipated regardless of a number of headwinds, the Labor Division reported Friday. Payrolls in the private and non-private sector elevated by 339,000 for the month, higher than the 190,000 Dow Jones estimate and marking the twenty ninth straight … Read more