Friday’s jobs report showed the labor market rebounding more sharply than expected. Payrolls rose by 162,000 in August, well above the consensus forecast of about 55,000 to 65,000. Unemployment held at 4.1%. The Bureau of Labor Statistics reported that private payrolls rose by 127,000. Additionally, Government employment rose by 35,000, driven largely by a 42,000 […] The post Trump Blows Past Jobs Forecast With 162,000 Hires as Factories Keep Adding appeared first on StoneZone .
Friday’s jobs report showed the labor market rebounding more sharply than expected. Payrolls rose by 162,000 in August, well above the consensus forecast of about 55,000 to 65,000. Unemployment held at 4.1%. The Bureau of Labor Statistics reported that private payrolls rose by 127,000. Additionally, Government employment rose by 35,000, driven largely by a 42,000 rebound in local government education after a drop the month before. Food services and drinking places added 59,000 jobs. Manufacturing added 16,000. Construction added 22,000. The information sector lost 23,000 jobs. White House spokesman Kush Desai called the report evidence that “America is in the middle of a historic investment boom” and that reindustrialization is…Open
The U.S. labor market showed unexpected strength in August, adding 162,000 jobs and maintaining a historically low unemployment rate of 4.1 percent.
The U.S. labor market showed unexpected strength in August, adding 162,000 jobs and maintaining a historically low unemployment rate of 4.1 percent. PULSE POINTS WHAT HAPPENED: Employers added 162,000 jobs in August, a significant rebound after 23,000 jobs were lost in July, according to the U.S. Bureau of Labor Statistics. The unemployment rate held steady at 4.1 percent, maintaining its historically low level. DETAIL: The August job gains surpassed the monthly average of 31,000 jobs over the past year and were driven by strong hiring in restaurants and bars, which added 59,000 positions. Manufacturing also continued its steady growth, reflecting resilience in the labor market despite economic pressures, including elevated inflation …Open
State of the Union: The Labour leader will be the UK’s seventh prime minister in the past decade. The post Andy Burnham Becomes UK Prime Minister appeared first on The American Conservative .
Andy Burnham became Britain’s new prime minister Monday, promising a “new political model” after a decade of leadership turmoil and pledging to shift power away from London. Burnham replaces the outgoing Keir Starmer, who resigned after a political crisis precipitated by the revelation that Peter Mandelson, whom he appointed to serve as ambassador to the U.S., leaked sensitive government information to the accused sex trafficker Jeffrey Epstein. In his speech outlining his plans for his incoming government, the former mayor of Greater Manchester called his accession a “circuit-breaker for Britain” and said that he would work to alleviate public frustration with politics. Burnham announced that his administration would pursue…Open
With Texas’ new stock exchange operating in Dallas, the number of headquarters relocations are expected to grow in Texas and in Dallas specifically over the next year and beyond.