Forbes on Nostr: American Job Market: Fill In The Superlative Of Your Choice ========== The Bureau of ...
American Job Market: Fill In The Superlative Of Your Choice
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The Bureau of Labor Statistics released the January Jobs Report, revealing that the economy added 353,000 jobs in January, surpassing consensus expectations of 176,500. December's figures were revised upward by 117,000 to 333,000 and November's figures by 9,000 to 182,000. The unemployment rate remained at 3.7% for the third consecutive month. Job gains were seen in professional and business services, health care, retail trade, government, social assistance, manufacturing, and information services. Wages have increased by 4.5% from last year, outpacing inflation, and the GDP has grown by 3.3%. The Job Openings and Labor Turnover Survey (JOLTS) also showed positive results, with a 5.4% open jobs rate and a hiring rate of 3.6%. The job market is described as a masterpiece.
#JobMarket #Economy #Unemployment #Wages #Gdp
https://www.forbes.com/sites/eliamdur/2024/02/03/american-job-market-fill-in-the-superlative-of-your-choice/
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The Bureau of Labor Statistics released the January Jobs Report, revealing that the economy added 353,000 jobs in January, surpassing consensus expectations of 176,500. December's figures were revised upward by 117,000 to 333,000 and November's figures by 9,000 to 182,000. The unemployment rate remained at 3.7% for the third consecutive month. Job gains were seen in professional and business services, health care, retail trade, government, social assistance, manufacturing, and information services. Wages have increased by 4.5% from last year, outpacing inflation, and the GDP has grown by 3.3%. The Job Openings and Labor Turnover Survey (JOLTS) also showed positive results, with a 5.4% open jobs rate and a hiring rate of 3.6%. The job market is described as a masterpiece.
#JobMarket #Economy #Unemployment #Wages #Gdp
https://www.forbes.com/sites/eliamdur/2024/02/03/american-job-market-fill-in-the-superlative-of-your-choice/