Mar 07, 2025 – 2 mins read Ty Peck
February 2025 Jobs Report: Where We Stand and Where We’re Headed
The U.S. added 285,000 nonfarm payroll jobs in February—surpassing forecasts of 260,000 and continuing January’s strong hiring trend. The unemployment rate stayed at 3.6%, near historic lows, while average hourly earnings rose by 0.3% (up 4.2% year over year). Top hiring sectors included professional and business services, healthcare, leisure and hospitality, and manufacturing. Economists remain cautiously optimistic that 2025 will see steady employment growth, barring significant changes in consumer spending or interest rates.
Feb 10, 2025 – 3 mins read Ty Peck
Above and Beyond: January 2025 Jobs Report Surges Past Forecasts
The January 2025 jobs report, based on U.S. Bureau of Labor Statistics data, shows the economy added 275,000 new positions, beating forecasts of 250,000. The unemployment rate dipped to 3.8%, and average hourly earnings climbed by 0.3%. Tech led the way with 55,000 new hires, followed by strong showings in healthcare and manufacturing. Retail shed 10,000 seasonal roles post-holiday, while hospitality gained 15,000 jobs. Despite concerns about inflation and interest rates, small businesses remain hopeful, with many planning to expand their teams in the coming months.
Jan 13, 2025 – 3 mins read Ty Peck
December Jobs Report: Wrapping Up 2024 with a Bang! 🎉
Jobs Added: 256,000 (exceeding forecasts). Unemployment Rate: Down to 4.1%. Growth Leaders: Healthcare: +46,000 jobs. Hospitality: +43,000 jobs. Retail: +43,000 jobs. Declines: Manufacturing: -13,000 jobs. Temp Staffing: -11,000 jobs.