Megan Leonhardt is a Senior Economics Writer at Barron's. She specializes in finance, personal finance, and business economics, with a focus on capital markets, economic policy, and the global economy. Her work has been featured in prominent publications including Fortune, CNBC, and MarketWatch.
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By: Megan Leonhardt
The Bureau of Labor Statistics is due to release the July jobs report at 8:30 a.m. Eastern time on Friday.
Despite the decline in payrolls, the national unemployment rate was 4.1% in July. Economists had expected unemployment remained steady for the second consecutive month at a rate of 4.2% in July.The latest measure of unemployment comes after a surprising dip in June. Unemployment edged down to 4.2
The U.S. labor market in July proved stunningly weaker than economists’ expectations, with employers shedding jobs over the month. The U.S. lost 23,000 nonfarm jobs last month, according to data from the Bureau of Labor Statistics released Friday.The consensus forecast among economists surveyed b
The BLS announced Friday that the annual release of the preliminary benchmark revisions to payroll data will be published on Aug. 28. The BLS releases benchmark revisions to align the monthly data collected via the Current Employment Statistics survey with more comprehensive payroll data that are a
By: Megan Leonhardt
Job losses in education, particularly at the local levels, were severe in July and likely caused by seasonal adjustments. But July's overall payroll losses were fairly widespread and private hiring proved weak, indicating that the monthly decline can't be easily dismissed as just statistical noise.
By: Megan Leonhardt
The U.S. economy lost 23,000 jobs in July, drastically missing economists' expectations for a 95,000 increase. The unemployment rate ticked down to 4.1%.
The White House issued a letter stating the administration again intends to pursue Lisa Cook’s termination.
Predicting month-to-month hiring trends is getting tougher.
Of the roughly 75 economists who submitted July payroll estimates to Bloomberg, not a single one forecast that the U.S. would lose jobs last month.
Just months after the Supreme Court blocked President Donald Trump's quest to fire Federal Reserve governor Lisa Cook, the White House issued a letter stating the administration again intends to pursue her termination.
