◀ The Principal Blog

Posts tagged ‘employment’

January jobs report – strong numbers with some surprises



The Department of Labor reported on Friday that 227,000 were added in January, well ahead of market expectations. Wage growth was down from recent months, with average hourly earnings up only 2.5%. The unemployment rate bumped up slightly to 4.8% and the labor force participation rate inched up as…

Read more

December jobs report – 2016 closes with strong U.S. payroll numbers



The Department of Labor reported on Friday that 156,000 jobs were added in December, slightly below expectations, but still a strong number. The best news in the report was wage growth, which grew at a pace of 2.9% year-over-year, and is the largest gain since 2009. The unemployment rate did tick…

Read more

Recent