NIC | CARES BLOG
A place for connections, analysis, research, and education on seniors housing and care

196,000 Jobs Created in March 2019

The Labor Department reported that there were 196,000 jobs added in March, above the consensus expectation of 177,000.  This marked the 102nd consecutive month of job growth.  The latest three-month average is 180,000, less than last year’s 223,000 monthly average but still strong and consistent with more modest growth anticipated for 2019. January was revised […]

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Economy Adds Only 20,000 Jobs in February

The Labor Department reported that there were only 20,000 jobs added in February, well below the consensus expectation of 180,000.  This marked the 101st consecutive month of job growth.  While February was weak, January was very strong.  The latest three-month average is 186,000, less than last year’s 223,000 monthly average but consistent with more modest […]

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Economy Adds 304,000 Jobs in January

The Labor Department reported that there were a significant number of jobs added in January–304,000 and well above the consensus expectation of 172,000. This was the 100th consecutive month of job growth.  December was revised down to 222,000 from 312,000 and November was revised up to 196,000 from 176,000. The 800,000 Federal workers going unpaid […]

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Economy Adds 2.64 million Jobs in 2018

Over the year, the U.S. economy added 2.64 million jobs, making it the third best year for job growth since the recession a decade ago and the third best year since 2000. The Labor Department also reported that there were 312,000 jobs created in the U.S. economy in December, well above the consensus expectation of […]

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November Unemployment Rate Unchanged at Lowest Level in Nearly 50 Years

The unemployment rate remained low at 3.7% in November, which is the lowest rate since December 1969. The jobless rate remains well below the rate of what is generally believed to be the “natural rate of unemployment” of 4.5%, which suggests that upward pressure on wage rates will continue. Further indications that this is in […]

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