The Hill June 12, 2019 By Frank Knapp Jr., Opinion Contributor The recently released Department of Labor May report on employment revealed a shocking number: New jobs last month rose by only 75,000, dramatically below expectations. Even worse, the number of new jobs created in March and April were revised down by tens of thousands …
Opinion: May’s employment data is worse than we think Read More »
Last week there were two very divergent estimates of the number of new jobs created in August. The most widely reported number came from the Bureau of Labor Statistics that estimated 96,000new jobs. ADP National Employment Report reported that 201,000 new jobs were created. Quite a large discrepancy and which one should we believe? Friday …
Small businesses again led the way with 44.8% of the 163,000 new jobs creating in July according to the ADP National Employment Report. Compared to the sluggish new job growth of 75,000 average per month from April to June, the new data is a welcome sign of a still growing economy. The European “austerity” countries …
While the latest job numbers released today aren’t as good as they were earlier this year, the country is still adding private sector jobs. And small businesses are once again leading the way. According to the ADP National Employment Report businesses with 1-49 employees accounted for 48.7% of the new jobs. That compares to businesses …
Small businesses once again led the charge in creating new jobs in February. According to the Bureau of Labor Statistics, 227,000 new jobs were created last month, higher than what economists had anticipated and following 243,000 being added in January. This is third month in a row of over 200,000 new jobs being added to …
243,000 more jobs in January. Unemployment rate down to 8.3% from 8.5% last month. All good news from the Bureau of Labor Statistics. The ADP National Employment Report had a different number, 170,000, for new jobs in January for nonfarm private employment. But the ADP’s analysis of where those jobs came from was important. Total …
More jobs, less unemployment…thank small businesses Read More »
If you’re breathing a sigh of relief with the new jobs numbers showing employment rose 117,000 and unemployment dipping to 9.1%, forget it. All of the good in these numbers came before the debt ceiling deal was inked. As I’ve explained before, all the initial deficit reduction, about $1 trillion, will come out of reduced …
