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Keyword: payrolls

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  • Private payrolls grow by 241K in March vs. 205K est.: ADP/Moody's Analytics

    04/04/2018 9:39:52 AM PDT · by Olog-hai · 8 replies
    CNBC ^ | 04/04/2018 10:11 AM | Jeff Cox, Financial Editor
    Companies kept up the hiring pace in March, adding 241,000 positions as employment in construction and manufacturing surged, according to a report Wednesday from ADP and Moody’s Analytics. Economists surveyed by Reuters had been expecting the report to show that private payrolls had gained by 205,000. This was the fifth straight month that the ADP/Moody’s count showed private payrolls up by at least 200,000, though March saw a slight decline from the upwardly revised 246,000 in February. On a year-over-year basis, March 2018 nearly doubled the 122,000 total from the previous year. “The job market is rip-roaring,” Mark Zandi, Moody’s...
  • Private Payrolls Add 253K In May vs. 185K EST.: ADP

    06/01/2017 6:08:31 AM PDT · by Enlightened1 · 12 replies
    CNBC ^ | 06/01/17
    Companies added 253,000 new jobs in May, well above expectations of 185,000 and April's 174,000. Big growth areas were construction and professional and business services. A Just Energy Group Inc. representative speaks with job seekers during the Best Hire Career Fair in Houston, Texas, U.S., on Thursday, July 7, 2016. ADP reports payrolls up 253K in May 50 Mins Ago | 03:20 Job creation surged in May thanks to a jump in construction positions and a boom in professional and business services, according to a report Thursday from ADP and Moody's Analytics. Private payrolls increased by 253,000, well ahead of...
  • Payrolls Rise 215K In March, Beat Expectations As Average Hourly Earnings, Unemployment Rise

    04/01/2016 7:32:10 AM PDT · by SeekAndFind · 9 replies
    Zero Hedge ^ | 04/01/2016 | Tyler Durden
    And so the confusion remains: why did Yellen go uber dove three days ahead of a day in which the BLS reported that in March not only were 215K jobs created, more than the consensus 205K, if below last month's 245K, but in which average hourly earnings rebounded a solid 0.3%, above the 0.2% expected, and well above last month's -0.1% decline. Payrolls:  Wages:  However, the fly in the the ointment was that the unemployment rate picked up modestly from 4.9% to an above expectations 5.0%. This was due to a modest increase in the participation rate to 63%...
  • 2014 January Job Cut Report: Planned Cuts Surge 50 Percent

    02/07/2014 5:56:59 AM PST · by KeyLargo · 19 replies
    Challenger Grey ^ | Feb 5, 2014
    2014 January Job Cut Report: Planned Cuts Surge 50 Percent After falling to a 13-year low in December, monthly job cuts surged nearly 50 percent to kick off 2014, as U.S.-based employers announced plans to reduce their payrolls by 45,107 in January, according to the latest report on monthly job cuts released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The 45,107 job cuts last month were 47 percent higher than a December total of 30,623, which was the lowest one-month total since 17,241 planned layoffs were announced in June 2000. January job cuts were up 12 percent...
  • Adjusted Recovery: Non-Farm Payrolls Leap +165k, Helped By BLS Birth/Death Adjustment Of +193k

    05/03/2013 1:27:47 PM PDT · by whitedog57 · 2 replies
    Confounded Interest ^ | 05/03/2013 | Anthony B. Sanders
    Good News! Non-farm payrolls increase by 165,000 and the unemployment rate declined to 7.5%. Bad News! It had to be helped by a 193,000 increase due to the BLS Birth/Death adjustment. May 3 (Bloomberg) — Employment picked up more than forecast in April and the jobless rate unexpectedly declined to a four-year low of 7.5 percent, showing federal budget cuts failed to destabilize the U.S. labor market. Payrolls expanded by 165,000 workers last month following a revised 138,000 increase in March that was larger than first estimated. The median forecast of 90 economists projected a 140,000 gain. Revisions added a...
  • Non-Farm Payrolls Rise Less Than Exepcted, Up 115,000; Unemployment Rate at 8.1%

    05/04/2012 5:33:55 AM PDT · by TonyInOhio · 97 replies
    CNBC ^ | 05/05/12 | Unattributed
  • Labor Dept. documents: MSNBC’s Ed Schultz on labor union payrolls since 2005

    03/13/2012 11:28:20 AM PDT · by Nachum · 5 replies
    The Daily Caller ^ | 3/12/12 | Adam Jablonowski
    U.S. labor unions paid MSNBC “Ed Show” host Ed Schultz roughly $200,000 in 2011, and roughly $337,000 over the last seven years, according to Department of Labor documents. Newsbusters first reported that the liberal TV talker received $190,000 from the Communications Workers of America for “representational activities” in 2011. CWA president Larry Cohen is a regular guest on Schultz’s radio program. The International Brotherhood of Electrical Workers also paid Schultz $9,900 last year. In 2010 his union salaries totaled a comparatively small $37,350. The American Federation of State, County and Municipal Employees (AFSCME); the International Brotherhood of Electrical Workers (IBEW);...
  • Private payrolls up 91,000 in September, ADP says

    10/05/2011 7:09:11 AM PDT · by Free Vulcan · 13 replies
    Marketwatch ^ | 10.5.11 | Ruth Mantell
    Job growth in the private sector continued at a modest pace in September, led by the service-producing sector and small businesses, according to a report released Wednesday. Automatic Data Processing ADP said payrolls increased 91,000 in September, compared with 89,000 in August, which marked a slight downward revision from the initial August print of 91,000. Economists had anticipated a gain of around 75,000 for September.
  • Nonfarm payroll flat in Aug, jobless rate 9.1%

    09/02/2011 5:35:14 AM PDT · by Free Vulcan · 71 replies · 1+ views
    Marketwatch ^ | 9.2.11
    <p>WASHINGTON (MarketWatch) - Job growth was unchanged in August, the weakest performance in almost a year...lower than the 53,000 gain expected.</p>
  • August private-sector jobs up 91,000: ADP

    08/31/2011 6:30:11 AM PDT · by Free Vulcan · 7 replies
    Marketwatch ^ | 8.31.11 | Ruth Mantell
    WASHINGTON (MarketWatch) — Private-sector payrolls increased 91,000 in August, led by the service-producing sector and small businesses, according to the ADP employment report released Wednesday. Economists were predicting the ADP figure would rise by about 100,000. The expansion for July was revised down to 109,000 from a prior estimate of 114,000... According to ADP, service-sector employment rose 80,000 in August, compared with 11,000 for the goods-producing sector. Small-business employment rose 58,000, compared with 30,000 for medium businesses and 3,000 for large businesses.
  • Private payrolls rise by 157,000 in June: ADP

    07/07/2011 6:18:49 AM PDT · by Free Vulcan · 18 replies
    Marketwatch ^ | 7.7.11 | Greg Robb
    WASHINGTON (MarketWatch) — Private-sector employment rose 157,000 in June, according to Automatic Data Processing Inc.’s employment report released Thursday, in what could be a signal that the recent economic soft patch may not last long. The headline number surprised Wall Street, coming in more than double the 70,000 increase expected by economists. Read more on U.S. stock futures taking comfort from ADP payrolls. With the report typically considered the first stab at counting job gains each month, markets will be watching the ADP data closely because last month’s report accurately predicted the sharp drop in nonfarm payroll subsequently reported by...
  • Real Payroll calculation: news.

    06/04/2010 6:21:24 AM PDT · by thought · 7 replies · 329+ views
    6/4/10 | Vanity
    Real Payroll numbers calculation: 431k minus 411k (census) minus 31k (temporary) minus 215k (birth/death) = -226k. Bad Full report at
  • Jobless rate hits 5-month low but payrolls fall

    02/05/2010 10:26:53 AM PST · by NormsRevenge · 18 replies · 337+ views
    Reuters on Yahoo ^ | 2/5/10 | Lucia Mutikani
    WASHINGTON (Reuters) – The U.S. unemployment rate surprisingly fell to a five-month low in January and factory payrolls grew for the first time since 2007, hinting at a labor market recovery even though the economy lost 20,000 jobs. The White House cautiously welcomed the figures but said more needed to be done to put people back to work. Democrats fear voters could punish them in November congressional elections if headway is not made in tackling unemployment. The decline in payrolls reported by the Labor Department on Friday was far smaller than the 150,000 drop posted in December. November's data from...
  • U.S. Non-Farm Payrolls: Clear Signs of Improvement

    02/05/2010 9:02:59 AM PST · by blam · 18 replies · 558+ views
    Seeking Alpha ^ | 2-5-2010 |
    U.S. Non-Farm Payrolls: Clear Signs of Improvement by: February 05, 2010 While the number of jobs lost was relatively greater than expected, the overall unemployment rate came down to under 10%. There are other positives in today’s report as well, particularly with respect to revisions, temporary hirings and length of work week. The Labor Department reported today that the U.S. economy shed 20,000 jobs last month, weaker than the expected 5,000 gain for the month. Importantly, the unemployment rate fell to 9.7% from 10% last month. The expectation was for the unemployment rate to inch up to 10.1%. Signs...
  • U.S. Sept non-farm payrolls fall, jobless rate up

    10/02/2009 8:40:11 AM PDT · by NormsRevenge · 2 replies · 403+ views
    Reuters on Yahoo ^ | 10/2/09 | Lucia Mutikani
    WASHINGTON (Reuters) – U.S. employers cut a deeper-than-expected 263,000 jobs in September, lifting the unemployment rate to 9.8 percent, according to a government report on Friday that fueled fears the weak labor market could undermine recovery from a prolonged recession. The Labor Department said the unemployment rate was the highest since June 1983 and payrolls had now dropped for 21 consecutive months. Analysts polled by Reuters had expected non-farm payrolls to drop 180,000 in September and the unemployment rate to rise to 9.8 percent from 9.7 percent the prior month. The poll was conducted before reports, including regional manufacturing surveys,...
  • How to Fix a Recession

    08/12/2009 2:28:32 AM PDT · by Scanian · 23 replies · 767+ views
    The American Thinker ^ | August 12, 2009 | Randall Hoven
    We are in a recession and our President has done something about it. What has he done? Spent well over a trillion dollars of other people's money, all borrowed. How well is that working now and how well have such "fixes" worked in the past? There is no real indication that our current recession is ending. The NBER dated the beginning of this recession based almost entirely on payrolls, which last peaked in December 2007. Payrolls have declined every single month since then, including the most recent month, July 2009. In July, payrolls declined by 247,000 jobs. That has been...
  • Jobless rate bolts to 8.5 percent, 663K jobs lost (highest since late 1983; payrolls drop 663,000)

    04/03/2009 6:05:57 AM PDT · by MaestroLC · 62 replies · 4,059+ views
    Yahoo!/Associated Press ^ | April 3, 2009 | By Jeannine Aversa
    WASHINGTON (AP) -- The nation's unemployment rate jumped to 8.5 percent in March, the highest since late 1983, as a wide range of employers eliminated a net total of 663,000 jobs. The Labor Department's report is fresh evidence of the toll the recession has inflicted on America's workers and companies. Most economists expect the job cuts will continue for much of this year. The latest tally of job losses, released Friday, was slightly higher than the 654,000 that economists expected. The rise in the unemployment rate matched expectations. Since the recession began in December 2007, the economy has lost a...
  • New First For America: Government Payrolls Outstrip Manufacturing Payrolls

    01/20/2009 5:23:12 PM PST · by SolitarySaint · 18 replies · 554+ views
    The Commonwealth Conservative ^ | 1/20/2009 | C. E. van Avery
    Somewhere around 2002 the amount of money governments in the United States pay out to employees surpassed the amount of money paid to manufacturing and construction workers: [go to post for graph] It would be easy to level a broadside at the Bush Administration, as they were in charge at the time, but one can easily see from the graph that the trend in government payrolls has been on a nearly straight-line march since 1969. Only during the Reagan Administration (1980-1986) was there a sustained decline and control on the expansion of government. If anyone wonders...
  • U.S. Nonfarm Payrolls Grow by 180,000 Jobs: Jobless Rate Drops to Lowest Level Since May 2001

    04/06/2007 6:03:27 AM PDT · by shrinkermd · 14 replies · 523+ views
    Wall Street Journal ^ | 6 APril 2007 0830 EST | BRIAN BLACKSTONE
    U.S. payrolls jumped last month and the jobless rate fell, boosting the odds of moderate, consumer-driven economic growth and lowering the chances of any near-term reduction in official interest rates. Outside of manufacturing, payroll gains were broadly based, with construction and services posting healthy increases. Previous months' employment increases, meanwhile, were revised up. Nonfarm payrolls increased 180,000 in March, up from a revised 113,000 in February and 162,000 in January, the Labor Department said Friday. Those months were previously reported as increases of 97,000 and 146,000, respectively. The unemployment rate fell 0.1 percentage point to 4.4% last month, matching its...
  • Payrolls Expand in Oct.; Jobless Rate Dips ( The Unstoppable US Economy !)

    11/04/2005 10:26:13 AM PST · by SirLinksalot · 2 replies · 376+ views
    My Way News ^ | 11/04/2005 | JEANNINE AVERSA
    Payrolls Expand in Oct.; Jobless Rate Dips Nov 4, 10:24 AM (ET) By JEANNINE AVERSA WASHINGTON (AP) - America's payrolls grew by a rather tepid 56,000 in October, a sign that the nation's job market is slowly regaining its footing after the beating administered to the Gulf Coast area by Hurricane Katrina. The unemployment rate dipped to 5 percent of the labor force. The latest snapshot released by the Labor Department on Friday offered fresh insights into the impact of Katrina, the most costly natural disaster in U.S. history. Importantly, job losses in September turned out to be just 8,000,...