US GDP Q3 2019 final reading

Manufacturing jobs ‘tough to fill,’ weak spot in employment picture

In a year that featured otherwise solid job growth, manufacturing stood out as one sector that lagged behind. It’s not that the jobs aren’t there: There were still 477,000 open positions as of October, down less than 5% from the year-ago level, according to the Labor Department’s most recent data. Instead, it’s more a case … Read more…

Strong US jobs report sends stocks surging and pros get bullish

Strong US jobs report sends stocks surging and pros get bullish

Talk about getting the job done. A stronger-than-expected November U.S. jobs report sent stocks soaring Friday, with the Dow Jones Industrial Average rallying over 300 points intraday on word that the economy added 266,000 jobs last month, mainly in education and manufacturing. Economists polled by Dow Jones expected closer to 187,000 nonfarm payroll additions. Economic … Read more…

Why job growth could be 'significantly weaker' than it has appeared

Why job growth could be ‘significantly weaker’ than it has appeared

Job seekers line up to meet with recruiters during the Job Hunters Boot Camp in San Mateo, California. Getty Images The pace of payrolls growth, already around the weakest of the decade-old recovery, could look even weaker once the numbers-crunchers get through counting. Benchmark revisions to government employment data already knocked off 501,000 in the … Read more…