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Job Growth Slows Sharply in Sign of Hiring Struggles

Job Growth Slows Sharply in Sign of Hiring Struggles

by The Associated Press | May 7, 2021 | Banking & Lending, CR Daily, Industry News

America’s employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers as the economic recovery rapidly strengthens.

CT Labor Force to Grow at Slower Pace than U.S.

by The Commercial Record | Sep 5, 2018 | Banking & Lending, Commercial & Industrial, CR Daily, Executive Briefing, Industry News, Residential Real Estate

Connecticut’s labor force is expected to grow at a slower pace than the rest of the country in the coming years.

State Lost 1,200 Jobs in July, Jobless Rate Unchanged

by The Associated Press | Aug 17, 2018 | CR Daily, Industry News

Preliminary figures show Connecticut lost 1,200 net jobs in July, but a state labor official said job growth still remains strong.

U.S. Consumer Prices Slow as Gasoline Falls, Rents Moderate

by Reuters | Mar 13, 2018 | CR Daily, Executive Briefing, Industry News

U.S. consumer price growth slowed in February amid a decline in gasoline prices and a moderation in the cost of rental accommodation, the latest indication that an anticipated pickup in inflation probably will be only gradual.

US Nonfarm Payrolls Post Largest Gain in 18 Months

by Reuters | Mar 9, 2018 | CR Daily, Executive Briefing, Industry News

U.S. job growth surged in February, recording its biggest increase in more than 18 months, but a slowdown in wage gains pointed to a gradual increase in inflation this year.

Report: Connecticut Loses 2K Jobs In September

by The Associated Press | Oct 20, 2017 | CR Daily, Executive Briefing, Industry News

New figures show Connecticut lost 2,000 jobs in September, capping what’s been a slow third quarter for job growth. Thursday’s Department of Labor monthly employment report also shows the agency revised its initial August numbers from 3,900 jobs lost to 4,200....

New Report Shows Job Growth, Unchanged Unemployment Rate

by The Associated Press | Jun 16, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News

A new report shows Connecticut’s unemployment rate remains unchanged since April, despite the state experiencing a net increase of 6,700 jobs.

Weather Dampens US Job Growth; Unemployment Rate Dives To 4.5 Percent

by Reuters | Apr 7, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News

U.S. job growth slowed sharply in March amid continued layoffs in the retail sector, but a drop in the unemployment rate to a near 10-year low of 4.5 percent suggested labor market strength remained intact.

Strong US Job Growth, Rising Wages Set Stage For Fed Rate Hike

by Reuters | Mar 10, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News

U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to raise interest rates next week despite slowing economic growth.

U.S. Job Growth Stumbles, Raising Doubts On Economy

by The Commercial Record | Oct 2, 2015 | Commercial & Industrial, Industry News

U.S. employers slammed the brakes on hiring over the last two months and wages fell in September, raising new doubts the economy is strong enough for the Federal Reserve to raise interest rates by the end of this year. Payrolls outside of farming rose by 142,000 last...

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