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Private sector employers added 107,000 jobs in January as annual pay grew 5.2% on a year-over-year basis, payroll giant ADP reported.
January 31
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The unemployment rate remained unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported.
January 5
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The service-providing sector added 155,000 jobs, including 1,000 in professional and business services.
January 4 -
The average pace of job growth in 2023 remained above the growth rate leading up to the pandemic.
January 3
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The unemployment rate declined two-tenths of a point to 3.7% in a sign of a strong economy despite high interest rates.
December 8 -
Annual pay rose 5.6% year-over-year, payroll giant ADP reported, seeing signs of a hiring slowdown for next year.
December 6 -
The pace of hourly earnings growth and hiring slowed down at small businesses, payroll processor Paychex reported.
December 5 -
The unemployment rate ticked up one-tenth of a point to 3.9% as hiring slowed.
November 3
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Annual pay increased 5.7% year over year in another sign of continuing strength in the economy despite interest hikes and inflation.
November 1 -
Growth in hourly and weekly pay at small businesses decelerated in October as job growth moderated, payroll provider Paychex reported.
October 31 -
Annual pay grew 5.9% year over year, as both job growth and wage growth slackened in September.
October 4 -
The labor market showed some signs of cooling, with the unemployment rate rising three-tenths of a percentage point to 3.8%.
September 1 -
Annual pay climbed 5.9%, payroll processor ADP reported.
August 30 -
The rate of growth for hiring and hourly earnings stabilized this month, according to Paychex.
August 29 -
The unemployment rate dipped one-tenth of a point to 3.5%, the U.S. Bureau of Labor Statistics reported.
August 4 -
Annual pay grew 6.2% year over year, according to payroll processor ADP, which separately added generative AI features to its software.
August 2 -
Earnings growth for small business employees fell below 4% for the first time in more than two years, according to Paychex.
August 1 -
The report marked the slowest month of job creation since the pandemic, although the unemployment rate declined one-tenth of a percentage point to 3.6%.
July 7 -
Job creation surged last month, especially in consumer-facing services.
July 6 -
The rate of hourly pay and hiring growth slackened last month at small businesses, which also had a harder time finding workers.
July 5
