Economic Snapshot: Private sector employment adds record-high jobs in February

Private sector employment increased by 298,000 jobs from January to February, according to the February ADP National Employment Report. This is up from 261,000 jobs added in January and the largest increase since June 2014. The report also marks the fourth consecutive month of monthly private sector job growth above 200,000. “February proved to be …
Boating Industry

Economic Snapshot: Another month of employment stagnation

The unemployment rate has barely moved since August 2015 and the number of job openings dropped after the last business day in August. Employment situation Total nonfarm payroll employment increased by 156,000 in September. The unemployment rate and the number of unemployed persons were little changed, at 5.0 percent and 7.9 million persons, respectively. Both measures have …
Boating Industry

Economic Snapshot: Few changes for employment

Both the number of unemployed persons and the number of job openings were essentially unchanged this month.   Employment situation Total nonfarm payroll employment rose by 255,000 in July and the unemployment rate was unchanged at 4.9 percent. The number of unemployed persons was essentially unchanged at 7.8 million. Both the unemployment rate and the …
Boating Industry

Economic Snapshot: Employment gains remain stagnant

Both the unemployment rate and the number of job openings have remained essentially unchanged month-over-month, and yearly gains are starting to flatten. Employment situation Total nonfarm payroll employment rose by 292,000 in December. The number of unemployed persons was 7.9 million and the unemployment rate was unchanged for the third month in a row at […]
Boating Industry