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Posts Tagged ‘jobs report’

New CareerBuilder Forecast Shows Hiring on Track for Steady Quarter

ImproveJobProspectsOn the heels of the monthly job report and completion of Q1, CareerBuilder has released a forecast.

While the jobs outlook for the second quarter is similar to last year’s predictions, it appears that some industries are going to outperform the national average hiring numbers. For starters, manufacturing employers will probably surpass last year’s national average.

Informational technology, financial services, professional and business services and health care will also lead the pack in creating new gigs. Read more

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ADP Jobs Report Says Hiring’s on Hold; Stormy Weather Impacts Hiring

ImproveJobProspectsAs the stock market dropped the past few weeks apparently per ADP’s new report, hiring does not have such a sunny outlook either.

Per their report, the private sector added 175,000 jobs in January. The significance of this number? It’s the weakest month for hiring since August. Usually in January there seems to be an uptick since December slows down due to the holidays but ADP reported 227,000 new jobs in December.

Mark Zandi, chief economist at Moody’s Analytics, alluded to weather having an impact on hiring.

He told CNN, “Cold and stormy winter weather continued to weigh on the job numbers.” He pointed out that underlying job growth still remains “sturdy” and he’s expecting a breakout year.

New ADP Report Shows Job Growth

job searchAs 2013 winds down, there’s good news to share. According to an ADP report issued yesterday, the U.S. private sector added 215,000 jobs in November.

Numbers are based on literally millions of paychecks ADP handles each month. As for the really good news? The number was approximately 40,000 to 50,000 higher than predictions by economists, so says Business InsiderRead more

Simply Hired Provides Insight to Jobs Report & Names Top Three Cities to Find Media Jobs

As a footnote to Friday’s labor report, Simply Hired, a technology company that operates a job search engine, echoed the job growth with their own set of statistics. Last month openings on their site were up 6.2 percent month over month and 40.9 percent year-over-year.

To drill down even more for media folks, their representative informed us there are 25,036 job openings in media. This is up by six percent from March and almost 30 percent year-over-year.

As for the cities with the most available jobs, that would be New York City (2,745 jobs), Los Angeles (1,479 jobs), and Chicago (1,150). The numbers represent the media industry as a whole and unfortunately, don’t specify the medium within media itself. Read more

National Employment Report Shows Gains for March

It’s that time of month again! The ADP National Employment Report results are in and they look rather decent.

Here’s the recap: From February to March on a seasonally adjusted basis, private-sector employment increased by 158,000 jobs.

How does that compare you ask to say, January to February? The last number was revised to reflect the number of 237,000. Read more

Jobs Report Reveals Economic Growth

This just in — the job market is showing an uptick, albeit slow, to reveal economic growth is on the rise.

According to the Labor Department, employers added 157,000 last month and the unemployment rate is now 7.9 percent. Although economists had forecasted the rate would have remained steady at 7.8, it doesn’t seem the increase is too much to become worried about. Read more

New Jobs Report Shows Dip in Unemployment Rate

Happy Friday one and all! At the end of a laborious week (kind of ironic since after all, it was Labor Day on Monday), the new numbers have been released.

According to the latest job report, American employers added 96,000 jobs last month which could be viewed as a weak stat. That said, unemployment dipped to 8.1 percent; in July the percentage was 8.3. However, it could be interpreted the number dropped because more people stalled their job searches.

John Silvia, chief economist at Wells Fargo, told The New York Post, ”This weak jobs report is going to feed into (the Fed’s) argument that the economy is growing at a sub-par pace.”

Upbeat Monthly Jobs Report Expected Tomorrow

Experts are saying tomorrow’s employment report reflecting the month of August will be better than anticipated.

Josh Shapiro, chief U.S. economist for MFR, Inc., told MarketWatch, “The evidence is that the labor market is chugging ahead here. It is not great, but it is not falling apart either.”

As for guesses, the unemployment rate is anticipated to remain steady at 8.3 percent. This number reflects the percentage when we entered 2012. That said, weekly jobless claims apparently dropped by 12,000 so there appears to be an uptick in people re-entering the job market.

According to analysts, if the market has a job number of gains higher than 100,000, that would be a pretty good report.