us unemployment rate

The June payrolls report released by the U.S. Bureau of Labor Statistics showed a mixed bag. The unemployment rate ticked higher by two percentage points from an 18-year low. Hiring was steady and number of people joining the work force increased. The non-farm payrolls were seen rising by 213,000 on a seasonally adjusted basis in June while t...

2018-07-10 John Benjamin Read more
March payrolls data disappoints

The monthly nonfarm payrolls data for the month of March was released last Friday by the U.S. department of labor. Official data showed that the U.S. economy created the smallest pace of jobs in six months which was driven by mild weather. However, wage growth was seen strengthening only slightly which was seen as a positive sign amid a broadly ...

2018-04-13 John Benjamin Read more