Rocky Mountain Voice

Tag: Private sector

147,000 jobs added in June as employers push through uncertainty
Fox Business, Approved, National

147,000 jobs added in June as employers push through uncertainty

By Eric Revell | Fox Business Department of Labor releases closely watched June jobs report The U.S. economy added jobs in June at a faster pace than in recent months, despite economic uncertainty stemming from trade, tax and monetary policy. The Labor Department on Thursday reported that employers added 147,000 jobs in June. That figure was above the estimate of economists polled by LSEG, who projected 110,000 jobs would be added. The unemployment rate ticked down slightly to 4.1%, which was lower than economists' expectations of 4.3%. Job gains in the prior two months were both revised, with job creation in April revised up by 11,000 from a gain of 147,000 to 158,000; and May job gains were revised up by 5,000 from a gain of 139,000 to 144,000. Taken ...
99.8% of job growth under Trump was private sector—Biden’s includes 25% government jobs
Approved, National, The Post Millennial

99.8% of job growth under Trump was private sector—Biden’s includes 25% government jobs

By Thomas Stevenson | Post Millennial Only around 75% of jobs added under Biden's last two years in office were added to the private sector. Under President Donald Trump's first few months in office during his second term, 99.8 percent of all job growth was in the private sector, in comparison to around 75 percent in the last two years of the Biden administration. In a press release, the White House touted the jobs numbers, saying, "Since President Trump took office, 99.8% of job gains have been in the private sector. During the final two years of the Biden Administration, one in four jobs created were in government," or 25 percent of job growth.  The jobs report for the month of May saw 139,000 jobs added to the economy, surpassing expectations from the Dow Jones as some have ...
Private sector adds 122,000 jobs in December, below expectations, ADP says
Approved, Fox Business, National

Private sector adds 122,000 jobs in December, below expectations, ADP says

By Matthew Kazin  | Fox Business Companies in the private sector added 122,000 jobs in December, payroll processing firm ADP said on Wednesday. The figure is below economists’ estimates of 140,000 jobs and lower than the prior month’s reading of 146,000. "The labor market downshifted to a more modest pace of growth in the final month of 2024, with a slowdown in both hiring and pay gains," said Nela Richardson, ADP's chief economist. "Health care stood out in the second half of the year, creating more jobs than any other sector." READ THE FULL STORY AT FOX BUSINESS

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