Job Growth
Coverage of Job Growth in the Nexus archive.
- US employers added just 57,000 new jobs in June, lower than expected
US employers added 57,000 new jobs in June, about half of economists' predictions, while the unemployment rate fell to 4.2%. The Bureau of Labor Statistics revised down job growth figures for April and May by a combined 74,000, and 720,000 people left the labor force.
- Chip stocks are down everywhere. Oil is back to prewar prices. The jobs report is up next
Chip stocks have declined globally, oil prices have returned to prewar levels, and an upcoming jobs report may show a fourth consecutive month of job gains exceeding 100,000, a streak not seen since early 2024.
- South Africa: SA Farmers and Agribusinesses Are in a Pensive Mood
South Africa's agricultural sector shows strong export performance and job growth, but farmers are concerned about global instability, disease outbreaks, and increasing input costs.
- US adds 172,000 jobs in May, strongly beating expectations
US employment growth surged in May, adding 172,000 jobs, surpassing economists' expectations of 80,000. The unemployment rate remained steady at 4.3% according to the US Bureau of Labor Statistics.
- US economy blew past expectations to add 172,000 jobs in May
The US economy added 172,000 jobs in May, surpassing expectations. Traders anticipate the Federal Reserve may raise interest rates by December due to the strong job growth.
- Op-Ed | The Speaker’s Corner: New York can’t afford to stop growing
The article discusses New York's affordability challenges beyond housing and childcare costs, emphasizing the need for economic growth to create jobs and attract businesses. It highlights a decline in job creation, with 27,000 jobs added in 2023 compared to an average of 191,000 annually in prior years, and notes competition from cities like Miami, Charlotte, and Nashville. The author argues that economic growth is essential to fund public services and maintain New York's status as a global economic hub.
- Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Private payrolls increased by 122,000 in May, exceeding expectations according to ADP. Unlike previous months, job growth was broad-based rather than concentrated in healthcare and a few other sectors.
- Arizona added jobs in April, but its employment rate has been stuck at 2024 levels for 2 years
Arizona added 8,100 jobs in April, ending seven months of lower employment rates compared to the previous year. However, the state's employment rate has remained stagnant at 2024 levels for two years, and its unemployment rate of 4.7% exceeds the national average of 4.3%. Wages increased slightly but still lag behind the national average.
- Trump approval among Republicans at new low in Fox News poll
A Fox News poll reveals President Trump's approval rating among Republicans has hit an all-time low at 80 percent. The decline is attributed to voter concerns about affordability, job growth, and the economy.