Read the latest from Geographic Solutions.
Employment in the U.S. rose by 187,000 jobs, while the unemployment rate fell to 3.5%. The Geographic Solutions forecast matched the 3.5% result and outperformed the WSJ estimate of 3.6%.
Employment in the U.S. rose by 339,000 jobs. May’s unexpectedly strong results are compounded by the upward revisions in March and April that totaled 93,000 more jobs than reported last month.
The March Labor Market Report shows that job growth has slowed. Although fewer, the representation remained a solid expansion, with an increase in the labor force participation rate.
Geographic Solutions’ data is signaling another strong month in the number of new jobs in March.
Although the gains were smaller than the surprising 504,000 new jobs in January, the performance in February was still strong.
Geographic Solutions’ data is signaling a softening in the number of new jobs in February after an explosion of job growth in January.
How the Connecticut Department of Labor is paving the way for reemployment with the Jobs First Employment Services Program.