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"Literally Shocking Data" - April Payrolls Miss Huge, Just 266K Jobs Added Below Expectations Of 1 Million

"Literally Shocking Data" - April Payrolls Miss Huge, Just 266K Jobs Added Below Expectations Of 1 Million With expectations of today's payroll print soaring, consensus expecting a whopping 1 million number and some forecasters cal.....»»

Category: smallbizSource: nytMay 7th, 2021

4 possible explanations for the shocking decline in new jobs

April's jobs report badly missed the forecast of 1 million payroll additions, coming in at just 266,000. It's such a big miss experts are scrambling. A "help wanted" sign hangs on a window of a.....»»

Category: personnelSource: nytMay 7th, 2021

US Adds Just 266K Jobs In April, Missing Expectations By 73%

The Bureau of Labor Statistics released employment data for the month of April, and the numbers were disappointing. Here’s a rundown of everything you need to know. read more.....»»

Category: blogSource: benzingaMay 7th, 2021

Huge Beat: March Jobs Soar By 916K, Smashing Expectations

Huge Beat: March Jobs Soar By 916K, Smashing Expectations It wasn't quite the whisper number of 1 million jobs, but it was close: moments ago the BLS reported ago that in March the US added a total of 916K jobs, smashing exp.....»»

Category: blogSource: zerohedgeApr 2nd, 2021

January Payrolls Miss: Only 49K Jobs Added As Unemployment Rate Tumbles To 6.3%

January Payrolls Miss: Only 49K Jobs Added As Unemployment Rate Tumbles To 6.3% Following last month's dismal unemployment print, which saw the first contraction since April in Decemb.....»»

Category: blogSource: zerohedgeFeb 5th, 2021

Huge December Payrolls Miss: 140,000 Jobs Lost, Worst Month Since April

Huge December Payrolls Miss: 140,000 Jobs Lost, Worst Month Since April As previewed earlier when we said "December Payrolls Previ.....»»

Category: blogSource: zerohedgeJan 8th, 2021

Stock-index futures extend gains after data showing US lost 20.5 million jobs in April

U.S. stock-index futures added to earlier gains after the Labor Department issued a report showing that the U.S. economy lost 20.5 million jobs in April and the unemployment rate soared to 14.7%, though the data came in better than expe.....»»

Category: topSource: marketwatchMay 8th, 2020

November Payrolls Smash Expectations: 266K Jobs Added, As Mfg Workers Soar

November Payrolls Smash Expectations: 266K Jobs Added, As Mfg Workers Soar Heading int.....»»

Category: blogSource: zerohedgeDec 6th, 2019

Huge Payrolls Miss: Only 75,000 Jobs Added In May As Wage Growth Slows

For once, ADP was right. .....»»

Category: blogSource: zerohedgeJun 7th, 2019

Huge Payrolls Miss: Only 75,000 Jobs Added In May As Hourly Earnings Growth Slows

With the market unsure how to trade today's payrolls number, with both a very strong and a very poor report likely to spark selling, we just got the verdict: at o.....»»

Category: blogSource: zerohedgeJun 7th, 2019

U.S. firms hire 275,000 workers in April, most nine months: ADP

U.S. private employers added 275,000 jobs in April, well above economists' expectations and the most since last July, supporting the view of a solid domestic labor market, a report by a payrolls processor showed on Wednesday......»»

Category: topSource: reutersMay 1st, 2019

U.S. private sector adds 275,000 jobs in April: ADP

U.S. private employers added 275,000 jobs in April, well above economists' expectations and the most since last July, a report by a payrolls processor showed on Wednesday......»»

Category: topSource: reutersMay 1st, 2019

March Payroll Miss Huge: Only 103K Jobs Added; Hourly Earnings Rise

Going into today's payroll number, the whisper number was for a substantial miss because as Deutsche Bank noted this morning," consensus estimate has overestimated the initial March nonfarm payrolls print in fou.....»»

Category: blogSource: zerohedgeApr 6th, 2018

What Was Behind Friday"s "Literally Shocking" Payrolls Miss

What Was Behind Friday's "Literally Shocking" Payrolls Miss By Steve Englander, head global G10 FX research at Standard Chartered bank Summary: We see sampling issues and child-care concerns as the most likely drivers of the NFP weakne.....»»

Category: personnelSource: nytMay 10th, 2021

In hugely disappointing report, job growth slows sharply and unemployment rises

Employers added only 266,000 jobs in April, much fewer than the previous month and far short of expectations. Employers added only 266,000 jobs in April, much fewer than the previous month and far short of expectations......»»

Category: topSource: latimesMay 7th, 2021

Bond Report: 10-year Treasury yield falls below 1.50% on weak U.S. jobs report, then bounces back

U.S. Treasury yields were bouncing off their lows on Friday after a jobs report came in well below expectations, drawing puzzlement from analysts who had predicted the U.S. economy would add a million new jobs in April......»»

Category: topSource: marketwatchMay 7th, 2021

Weak April jobs report falls well short of expectations

Employers added only 266,000 jobs in April, much fewer than the previous month and far short of expectations. Employers added only 266,000 jobs in April, much fewer than the previous month and far short of expectations......»»

Category: topSource: latimesMay 7th, 2021

Over 8 Million Jobs Below Pre-COVID Levels: ADP Employment Data Disappoints In April

Over 8 Million Jobs Below Pre-COVID Levels: ADP Employment Data Disappoints In April After a notable disappointment in the last two months, ADP's National Employment report was expected to print a very positive 850k ad.....»»

Category: smallbizSource: nytMay 5th, 2021

AUD/USD Forecast: Turned Bullish In The Near-Term And Could Keep Rallying In The Upcoming Sessions

AUD/USD Current Price: 0.7727 Australian Westpac Consumer Confidence printed at 6.2% in April up from 2.6% previously. Australia to publish March employment data, with 35K new jobs expected to have been added. read more.....»»

Category: blogSource: benzingaApr 14th, 2021

American Cities That Added Jobs During the Pandemic

The COVID-19 pandemic has had a devastating effect on the United States. Health authorities have reported over 31 million cases and 560,000 deaths as of April 9. The American economy has suffered as........»»

Category: blogSource: 247wallstApr 9th, 2021

U.S. March, April job losses revised higher

The U.S. economy lost a record 20.537 million jobs in April and not 20.5 million as reported last Friday, according to revised data published by the Labor Department this week......»»

Category: topSource: reutersMay 13th, 2020