National Association of Home Builders Economic Research Blog

Category: Employment Data

Unemployment Rises to 3.8% in August

The recent employment data indicates that the labor market is cooling gradually due to rising interest rates. Total employment increased by 187,000 and the unemployment rate rose to 3.8% from

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Modest Job Gains in July

The past two months’ job gains indicate that the job market is cooling from its peak last year and is growing at a moderate pace. Total employment increased by 187,000

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U.S. Adds 209,000 Jobs in June

Job gains slowed in June, but the labor market remained solid. Total payroll employment rose by 209,000 and the unemployment rate decreased to 3.6%. In June, wages grew at a

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U.S. Adds 339,000 Jobs in May

Job growth accelerated in May. Total payroll employment rose by 339,000 and the unemployment rate rose to 3.7%. While labor demand remained strong, wage pressures eased from a year ago.

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Solid Job Growth in April

Job gains continued in April, despite rising interest rates and a slowing economy. After a revised 165,000 job gain in March, total nonfarm payroll employment increased by 253,000 in April,

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Job Gains Slow in March

Job growth slowed in March, along with higher interest rates and increased economic uncertainty. After a revised 326,000 job gain in February, total nonfarm payroll employment increased by 236,000 in

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A New Year Starts with Strong Gains

Job growth rebounded in January. After a declining yet positive pace for five consecutive months, total nonfarm payroll employment growth accelerated and increased by 517,000 in the first month of

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U.S. Added 263,000 Jobs in November

In November, job growth slowed slightly from the previous month but still showed strength despite tight monetary policy. The unemployment rate was unchanged at 3.7% in November as the number

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