Tag Archives: Employment

U.S. Labor Market Resoundingly Consistent; November Hiring Maintains Trend of Broad, Steady Growth

December 2, 2016 The pace of hiring in November serves up the latest evidence that U.S. payrolls continue to expand at a steady pace and measures of labor market slack are also tightening. With the U.S. economy on track to add 2.2 million jobs during 2016, the path for the Federal Reserve to raise its […]

Hiring Positive but Restrained by Tight Labor Market; Wage Pressure Emerging

October 10, 2016 Hiring in September reaffirmed that job creation is moderating from the elevated levels of the past two years. The downshift to a more tempered pace likely reflects a shortage of qualified workers as unemployment hovers near 5.0 percent. Accelerated wage gains offer some evidence that employers are competing vigorously to fill positions, […]

Payroll Sets Moderate Pace in August Likely to Restrain Fed Rate Increase

September 2, 2016 The U.S. labor market produced a “Goldilocks” moment in August: Hiring was neither too hot nor too cold. Modest payroll growth last month reaffirms the sound state of the U.S. labor market and raises questions regarding whether the Federal Reserve needs to raise its benchmark interest rate when it meets Sept. 20-21. […]

Steady Economic Performance Slightly Lifts U.S. Payrolls; Soft Hiring Could Prompt Reconsideration of Fed Move

Declining unemployment claims and job openings near an all-time high point to an expanding labor market, not one that is losing momentum as suggested by weaker-than-anticipated job creation in May. The slight gain in payrolls, however, offers the Federal Reserve an opening to withhold a rate hike this month and delay action until it believes […]