labor market Archives - CFO

U.S. Adds Only 199,000 Jobs in December

U.S. Adds Only 199,000 Jobs in December

Economists see low unemployment and high labor-force participation as signs of labor market strength heading into 2022.

By Matthew Heller | January 7, 2022

Jobs Market Storms Back With 531,000 Gain

Jobs Market Storms Back With 531,000 Gain

“This was a strong employment report that shows the resilience of the labor market recovery from the pandemic."

By Matthew Heller | November 5, 2021

U.S. Adds Only 194,000 Jobs in September

U.S. Adds Only 194,000 Jobs in September

“Employment is slowing when it should be picking up because we’re still on the course set by the virus."

By Matthew Heller | October 8, 2021

Workers Feeling More Hopeful About Jobs

Workers Feeling More Hopeful About Jobs

The NY Fed says the proportion of individuals who reported searching for a job in the past four weeks increased to 24.0% from 19.6% in July 2020.

By Matthew Heller | September 7, 2021

U.S. Economy Adds Only 266,000 Jobs in April

U.S. Economy Adds Only 266,000 Jobs in April

“It turns out it’s easier to put an economy into a coma than wake it up," one economist says.

By Matthew Heller | May 7, 2021

Jobs Market Continues Surge With 916,000 Gain

Jobs Market Continues Surge With 916,000 Gain

With government relief checks and the accelerating vaccine rollout, "there is finally real light at the end of the tunnel."

By Matthew Heller | April 5, 2021

U.S. Employers Add 638,000 Jobs in October

U.S. Employers Add 638,000 Jobs in October

“We're only half dug out of our hole, and each month's pace of jobs growth has been slower than the last since July."

By Matthew Heller | November 6, 2020

Weekly Jobless Claims Fall Slightly to 840,000

Weekly Jobless Claims Fall Slightly to 840,000

"Hanging around the 800k+ level is still not a good place to be, especially going into the winter."

By Matthew Heller | October 8, 2020

U.S. Job Gains Slow to 661,000 in September

U.S. Job Gains Slow to 661,000 in September

“The pace of jobs recovery apparent in today’s report suggests that we will be counting the employment recovery in years, not months or quarters."

By Matthew Heller | October 2, 2020

U.S. Job Gains Slow to 1.8M in July

U.S. Job Gains Slow to 1.8M in July

"The downturn was so big — the hole that was dug was so deep — that it will still take probably at least a couple of years to dig ourselves out."

By Matthew Heller | August 7, 2020

Virus Slams U.S. With Massive April Job Losses

Virus Slams U.S. With Massive April Job Losses

“The jobs report from hell is here — one never seen before and unlikely to be seen again barring another pandemic or meteor hitting the earth."

By Matthew Heller | May 8, 2020

Weekly Jobless Claims Soar to Record 6.64M

Weekly Jobless Claims Soar to Record 6.64M

Job losses amid the coronavirus pandemic amount to "a staggering, sudden blow to American workers never seen before in the U.S. economy."

By Matthew Heller | April 2, 2020

U.S. Weekly Jobless Claims Fall to 222,000

U.S. Weekly Jobless Claims Fall to 222,000

“The underlying trend in claims remains consistent with a strong labor market."

By Matthew Heller | December 27, 2019

U.S. Job Vacancies Fall to 7.22 Million in July

U.S. Job Vacancies Fall to 7.22 Million in July

The government's latest JOLTS report "indicates that this is actually a labor market that is losing momentum."

By Matthew Heller | September 10, 2019

U.S. Consumer Spending Surges 0.6% in July

U.S. Consumer Spending Surges 0.6% in July

“The consumer is still very sturdy and providing fundamental strength to the overall economy,” an economist says.

By Matthew Heller | September 3, 2019