As part of its preliminary annual benchmark revisions to the nonfarm payroll numbers, the Bureau of Labor Statistics said the actual job growth was nearly 30% less than the initially reported The ...
The bureau had initially estimated that nonfarm payroll growth was 2.9 million between April 2023 and March 2024. With the latest revisions, year-over-year growth was 2,346,000 jobs on a ...
NFP Actual, Consensus and Deviation Negative US Nonfarm Payrolls rose by 151,000 in February, following the 125,000 increase recorded in January and falling short of the market expectation of 160,000.
Other details of the employment report showed that the Unemployment Rate edged higher to 4.1% from 4% in January, while the Participation Rate declined to 62.4% from 62.6% in the same period.
Markets have been caught off guard by a drastic revision of non-farm payrolls, the worst miss since the Lehman crisis. Labour ...
Nonfarm payrolls increased 151,000 in February after a downward revision to the prior month, according to a Bureau of Labor Statistics report out Friday US job growth steadied last month while the ...