All articles tagged with #employment figures
Revised Bureau of Labor Statistics data show the private sector added 178,000 fewer jobs from April 2025 to March 2026 than initially reported, with manufacturing down 67,000 more than expected. The revisions point to a softer labor market during the early Trump term, driven by data-measurement factors rather than policy interference, according to economists.
The U.S. added 172,000 jobs in May, far above economists’ forecasts of roughly 80,000, with the unemployment rate unchanged at 4.3%, signaling a resilient labor market amid inflationary pressures. The stronger-than-expected payrolls come after a patch of job losses last fall and winter, suggesting momentum for the economy, though policymakers caution that inflation and higher energy costs could weigh on consumer spending and hiring going forward.
Employers added 115,000 jobs in April, a solid gain in a labor market facing higher fuel prices and geopolitical headwinds, with the unemployment rate holding at 4.3%. The report—against a backdrop of energy-price pressures and Iran-related uncertainty—suggests continued labor-market resilience but warns that gains may be uneven across sectors as policymakers watch for how energy and tariff dynamics unfold.
Despite recent economic challenges and weak employment figures in summer 2025, the US economy has continued to defy gloomy expectations, maintaining a resilient outlook amid growth slowdown and tariff issues.
The release of the 2023-2024 US News law school rankings has been delayed indefinitely due to an "unprecedented number of inquiries" from schools, including those that are boycotting the rankings. The delay is reportedly due to data errors in the rankings' new methodology, particularly regarding employment figures. Yale Law, which spearheaded the boycott, has already criticized the rankings for using "entirely incorrect" employment data.