February jobs report: Hiring slows, unemployment rate drops

 

february jobs report

Mar 08,  · Just 20, jobs added in February as hiring slows, unemployment drops in latest report. Hiring likely to continue to slow as economy weakens, and low unemployment rate makes it harder to find workersAuthor: Paul Davidson. February Jobs Report – The Numbers. The labor market took off in February, with the largest monthly jobs gain in a year and a half, while wage growth continued its sluggish pace. February US Jobs Report. February 2, Why This Matters. Our monthly jobs report and associated tool is a convenient way for our members to stay on top of employment trends.


February US Jobs Report


Temporary help services employment increased by 0. The national unemployment rate remained at 4. This month, february jobs report, BLS performed its annual revision where it revises monthly employment data going back over several years.

One consequence of this is that the temporary help penetration rate the share of total nonfarm employment made up by the temporary staffing industry now stands at 2. Temporary help employment was up 3. Overall, 14 of the 15 sectors added jobs in January; the lone decliner, information, lost 6, jobs, february jobs report. The result is a temporary help penetration rate of 2. The report was less favorable for temporary staffing. Jobs increased by less than 2, in January, after a decline in December based on post-annual revision numbers, february jobs report.

Looking back on after the revision, in no month did temporary help grow more than 3. Pre-revision data reflected no such declines in Last month, before the revision, we reported that after breaking the 2. Post-revision, that never february jobs report. Now, after breaking the 2. Most importantly, after two weak months, as this economic expansion matures, one must wonder how much steam is left in the temporary staffing market in this business cycle.

Read more. Access not allowed You are not allowed to access. Website Feedback. Briefing Print. February 2, Monthly Employment Situation February - You do not have permission to view this february jobs report. Post comment.

Notify me of new comments. Remember me. Insight Top temp tactic: recruiting from existing candidate database Top direct hire Insight North American staffing companies surveyed Includes: client contract terms, Briefing Overall soft report, withjobs added to total nonfarm employment in

 

 

february jobs report

 

February Jobs Report – The Numbers. The labor market took off in February, with the largest monthly jobs gain in a year and a half, while wage growth continued its sluggish pace. February US Jobs Report. February 2, Why This Matters. Our monthly jobs report and associated tool is a convenient way for our members to stay on top of employment trends. Mar 08,  · Just 20, jobs added in February as hiring slows, unemployment drops in latest report. Hiring likely to continue to slow as economy weakens, and low unemployment rate makes it harder to find workersAuthor: Paul Davidson.