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U.S. economy generated 138,000 jobs in May 2017

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 138,000 positions in May, well below the consensus 182,000 estimate. This followed gains of 174,000 in April, originally reported as 211,000 and 50,000 in March, originally reported as 79,000. Monthly revisions result from additional reports received from businesses since the last published estimates and from the recalculation…
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U.S. economy created 98,000 jobs in March 2017

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 98,000 positions in March, well below the consensus 180,000 estimate.  This followed gains of 219,000 in February and 216,000 in January.  Revisions to January and February preliminary estimates subtracted 38,000 jobs from what was initially reported.  Monthly revisions result from additional reports received from businesses since the…
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U.S. Economy Generated 2.2 Million Jobs in 2016

In the last major release of employment conditions under the Obama Administration, the Labor Department reported on Friday that nonfarm payrolls increased by 156,000 positions in December. Marking the seventh year of economic expansion, 2.2 million jobs were generated in 2016, compared with 2.7 million in 2015. Hiring has averaged 180,000 new positions per month over the past 12 months.…
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