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

Fewer Jobs Created in May: 75,000

The Labor Department reported that there were 75,000 jobs added in May, well below the downwardly revised gain of 244,000 in April and below the consensus expectation of 180,000. The deceleration in growth may reflect the effects of slowing global growth and the waning effects of the tax cuts and government spending. Nevertheless, this marked the 104th consecutive month of…
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A Lot of Jobs Created in April: 263,000

The Labor Department reported that there were 263,000 jobs added in April, above the consensus expectation of 190,000.  This marked the 103rd consecutive month of job growth.  The latest six-month average is 200,000, less than last year’s 223,000 monthly average but still very strong for this stage of the economic expansion. Revisions added 16,000 to the prior two months.  Monthly…
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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 up from 311,000 to 312,000…
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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 growth anticipated for 2019. January…
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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 during the partial federal government…
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