Filed Under: Department Of Labor

Published on: Monday, February 06, 2012

What Friday’s Positive Jobs Report Means to Your Business and Career

Posted By: Mark Anderson
Filed Under: mark anderson, executive hiring, economy, jobs report, employment trends, department of labor

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The January US Jobs Report reported some good news with the picture showing a real upswing in job creation since mid-2011 and a recovery back to those levels seen early last year:

much higher than expected 243,000 jobs created
unemployment dipped to 8.3%
257,000 private sector jobs were created in the month (14,000 public sector jobs were eliminated in January)
revisions to November also showed an additional increase in jobs created by 60,000

But what does that mean to you?

Published on: Monday, January 09, 2012

Jobs Report Shines at Year’s End

Posted By: Mark Anderson
Filed Under: mark anderson, executive hiring, economy, jobs report, employment trends, department of labor

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Last month, we reported the significant upswing in our exclusive Recruiter Confidence Index, a trajectory that began in October. For the last nine years, this index has been a leading indicator for the economy and for executive hiring, and Friday's job report reinforced how strongly this indicator has led.

Consistent with what recruiters pointed to in September, and in a big way in our December survey, the employment picture continues to brighten.

Published on: Wednesday, December 07, 2011

Jobs Report Shows Black Friday Brought Some Light

Posted By: Mark Anderson
Filed Under: mark anderson, executive hiring, economy, jobs report, employment trends, department of labor

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Many economic releases last week supported the notion of continued growth for the US economy. The Purchasing Managers' Report (an indicator of a rebounding manufacturing sector) crossed into expansionary areas. The monthly jobs report showed the private sector added 140,000 new jobs and revisions from prior months continued to show strength.

But, the most important economic releases last week were the retail sales figures from Black Friday and the first holiday sales weekend. They indicated that the consumer was starting to spend — which for the economy has been the missing link for faster growth. Consumer spending makes up 70 percent of the US economy. Over the last three years, they have been deleveraging themselves. The Black Friday reports were the first sign that may be easing.

Published on: Tuesday, October 11, 2011

Jobs Report Says Growth is Slow and Steady

Posted By: Mark Anderson
Filed Under: mark anderson, executive hiring, economy, jobs report, employment trends, department of labor

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The Labor Department reported last Friday that employers added 103,000 jobs in September. Hiring was stronger than expected and well above consensus and upper range estimates. With 34,000 jobs lost in federal and state governments, private sector hiring increased jobs by a solid +137,000.

With positive revisions to the previous July release (going from +85,000 to +127,000 jobs) and the August release (going from 0 to +57,000 jobs added), there was further good news and strength in the employment situation — though unemployment remained unchanged at 9.1%.

Published on: Monday, August 08, 2011

July’s Jobs Report Shows Hiring Pickup but Economic “Swirl” and Uncertainty Continues

Posted By: Mark Anderson
Filed Under: mark anderson, executive hiring, economy, growth, jobs report, employment trends, department of labor

Comments (4)

Friday's jobs report showed an uptick in job creation and the lower unemployment claim numbers released on Thursday were another indicator that the jobs market is not on a downward spiral. This trend may be lost with all the other economic news that surrounded these releases and were clearly disturbing the financial markets over the last week.