U.S. nonfarm payrolls rose by 206K in June, surpassing the 191K consensus and a slower pace than the 218K notched in May, which was revised down from 272K, the U.S. Department of Labor said on Friday. The unemployment rate ticked up to 4.1% in June, vs. 4.0% expected, from 4.05%Continue Reading
MarsBars/E+ via Getty Images U.S. employers announced 48,786 job cuts in June, which was down 23.6% from May, according to the monthly survey from Challenger, Gray & Christmas. But June layoffs were up 19.8% from the year-ago period. Job cuts saw the highest June level since 74,393 announced in 2009Continue Reading
Dilok Klaisataporn The May Job Openings and Labor Turnover Survey showed that the labor market strengthened as the number of job openings rose to 8.1M vs. 7.9M consensus from 7.9M in April, which itself was revised down from 8.059M. The job openings rate was little changed at 4.9 percent inContinue Reading
