US jobs data beats expectations for second month in a row
Hiring beat forecasts for a second month as retail and transportation added jobs, while the Federal Reserve is expected to keep rates unchanged.
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Trump Only President in Labor Stats History to Oversee Monthly Job Shrinkage
A lot of the headlines noted that yesterday’s April jobs report was better than expected. 115,000 new jobs beat the 65,000 that investors thought we’d gain amidst the economic shock caused by America’s war on Iran. But we used to be able to expect much better monthly job figures. According to the Bureau of Labor Statistics, under President Joe Biden, we could expect to gain 321,000 jobs each month. Under President Bill Clinton, the U.S. added 23…
US job growth exceeds expectations, but workforce declines persist
Despite job growth, persistent workforce decline and sector-specific losses suggest structural labor market challenges and cautious economic outlook. The post US job growth exceeds expectations, but workforce declines persist appeared first on Crypto Briefing.
It was the first time since 2024 that employment showed a growth of more than 100,000 jobs for two consecutive months. For experts, that lessens pressure on the US central bank to lower the rate.
For the second month in a row, there is surprisingly strong job growth in the US.
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