Stronger-Than-Expected Jobs Report Clouds Fed Policy Outlook  The recent employment data release showed a surprisingly strong increase in nonfarm payrolls, far above what analysts and markets had expected. This unexpected strength stands in contrast to other indicators that have been pointing to weaker labor market conditions. The job openings...

Job Growth Disappoints with Public Sector Gains as Private Jobs Fall  Only 12,000 jobs were created this month, and all were in the public sector, with private payrolls dropping by 28,000. This brings up questions about the role that hurricanes might have played in these numbers. Admittedly, this falls outside my expertise on non-farm payrolls...

US Payrolls Miss Expectations: Job Growth Slows Sharply in July  We speculated on just how dire the payroll numbers might be, and this morning the Bureau of Labor Statistics delivered the news. In July, the U.S. added only 114,000 jobs, significantly below the anticipated 175,000 and a sharp decline from June's downwardly revised figure of 179...

March Job Surge: 303K New Jobs Added, Unemployment Drops to 3.8%  March saw a surge in job creation, surpassing expectations with the addition of 303,000 jobs, which tied for the highest since January 2023. Despite predictions of a weaker job market, the influx of immigrants contributed to the stronger payroll numbers.  The unemployment r...