The Big Picture
The U.S. economy may have lost some steam in September, but continues to steadily chug along with a total of 194,000 added jobs. This marks the ninth consecutive month of job growth as the country recovers from the COVID-19 pandemic.
Unemployment also fell to 4.8%, according to the U.S. Bureau of Labor...
dani villalobos2021 Q4 Accounting and Finance Employment Report
The Big Picture
And the good news keeps on coming. U.S. employers added 850,000 jobs in June — a feat the White House Council of Economic Advisers touted as the fastest monthly job growth since August 2020. Of those, 33,000 were temporary jobs, rising from the previous two months with a 1.83% penetration rate. Leading...
dani villalobos2021 Q3 Accounting and Finance Employment Report
The Big Picture
Both the S&P 500 and the Dow closed in early April at all-time highs. It was the market's first reaction to the latest jobs report, which showed employers adding 916,000 jobs in March — the largest increase since August. The accelerating pace of hiring is leading forecasters to predict a strong...
dani villalobos2021 Q2 Accounting and Finance Employment Report
The theme for the start of 2021: cautious optimism.
As we turn the page on an unprecedented year, experts are looking to key indicators — including gross domestic product and the national unemployment rate — to make predictions of how quickly the labor market will continue to rebound from the impacts of the...
dani villalobos2021 Q1 Accounting and Finance Employment Report
In a year like no other, this economic trend continuing into Q4 is a welcome one: steady growth. The U.S. Bureau of Labor Statistics reported an added 661,000 jobs in September, with unemployment dropping to 7.9%.
"These improvements in the labor market reflect continued resumption of economic activity that had been...
dani villalobos2020 Q4 Accounting and Finance Employment Report
Twenty-twenty has proven itself to be a historic year in many ways — and June's jobs report was no different. According to the U.S. Bureau of Labor Statistics, employers added a record 4.8 million jobs last month as the national unemployment rate continued its steady decline to 11.1% from April's 14.7%.
This is the...
dani villalobos2020 Q3 Accounting and Finance Employment Report
Within the last several weeks, stay-at-home measures have shut down normal life in California and much of the United States. Most reports indicate a dramatic increase in layoffs that is both historic in size and speed. The pandemic has impacted nearly every facet of life as we know it — from the way we grocery shop to...
dani villalobos2020 Q2 Accounting and Finance Employment Report
May's lackluster 72,000 added jobs indicated what many had feared — the economic slowdown is here. But if June's encouraging bounce-back showed anything, we've staved off that reality for a bit longer.
The Labor Department reported 224,000 jobs were created last month and helped to close Q2 on a strong note. The...
dani villalobosQ3 Accounting and Finance Employment Report
Q1 ended on a high note — painting the picture of a healthy job market as March came to a close. February's disappointing 20,000 jobs even edged upward to a revised 33,000, while the Labor Department reported an impressive gain of 196,000 jobs last month.
These figures surpass most economists' expectations as the...
dani villalobosQ2 Accounting and Finance Employment Report
