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47 contributions to Recruiting Secrets
U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3%
Nonfarm payrolls were expected to increase by 55,000 in January while the unemployment rate held at 4.4%, according to the Dow Jones consensus estimate. https://www.cnbc.com/2026/02/11/jobs-report-january-2026-.html
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Layoffs in January were the highest to start a year since 2009, Challenger says
Key Points - U.S. employers announced 108,435 layoffs for the month, up 118% from the same period a year ago and 205% from December 2025. The total marked the highest for any January since 2009. - At the same time, companies announced just 5,306 new hires, also the lowest January since 2009, which is when Challenger, Gray & Christmas began tracking such data. https://www.cnbc.com/2026/02/05/layoff-and-hiring-announcements-hit-their-worst-january-levels-since-2009-challenger-says.html
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November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports
Key Points - The U.S. labor market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, payrolls processing firm ADP reported Wednesday. - Larger businesses, entailing companies with 50 or more employees, actually reported a net gain of 90,000 workers. However, establishments with fewer than 50 saw a decline of 120,000. - The ADP report is the last monthly jobs picture the Federal Reserve gets before it meets Dec. 9-10.
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Delayed September report shows U.S. economy added 119,000 jobs, more than expected; unemployment rate at 4.4%
The U.S. economy added substantially more jobs than expected in September, according to a long-awaited report Thursday from the Bureau of Labor Statistics. Nonfarm payrolls increased by 119,000 in the month, up from the 4,000 jobs lost in August following a downward revision. The Dow Jones consensus estimate for September was 50,000. The July total also was revised down to 72,000, a decrease of 7,000 from the prior release. In addition to the headline jobs number, the BLS said the unemployment rate edged higher to 4.4%, the highest it’s been since October 2021. A broader measure that includes those not looking for jobs or working part-time for economic reasons edged lower to 8%. Average hourly earnings increased 0.2% for the month and 3.8% from a year ago, compared to respective forecasts for 0.3% and 3.7%. The report ends a data drought on the labor market that began in early September and continued through the record 44-day government shutdown. Agencies including the BLS, the Bureau of Economic Analysis and others were prohibited from collecting or releasing data during the period. This was the first BLS jobs report since the count for August that was released Sept. 5. Overall, the report shows the labor market entered the autumn months on much the same footing it has been all year – a slow but steady pace, with firms reluctant both to hire many new workers or lay off existing workforce during a time of unusual economic volatility spurred by aggressive policy actions in President Donald Trump’s White House. A separate Labor Department release Thursday showed that initial jobless claims totaled 220,000 for the week ending Nov. 15, down 8,000 from the prior period and lower than the consensus forecast for 227,000. Job gains in September came from familiar sources, with health care leading at 43,000, about right on target with its pace over the past year. Bars and restaurants contributed 37,000 while social assistance added 14,000.
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Job openings in October slumped to the lowest level since February 2021, Indeed measure shows
https://www.cnbc.com/2025/11/04/job-openings-in-october-slumped-to-the-lowest-level-since-early-february-indeed-measure-shows.html Key Points - Employment opportunities hit their lowest level in more than 4½ years as October came to a close and the government shutdown dragged on, according to data from jobs site Indeed. - Indeed’s dashboard of indicators also has shown a decline in salary offerings as job advertisements have declined.
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Gus Cawley
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40points to level up
@gus-cawley-1133
Former Big 4, CPA turned Executive Recruiter over 26 years ago. Founder of ZipApply.com, I help people get jobs.

Active 3h ago
Joined Oct 17, 2024
ESTJ
Atlanta, GA
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