Showing posts with label employment. Show all posts
Showing posts with label employment. Show all posts

Wednesday, March 19, 2014

Payroll Employment Jumps by 227 000

Payroll employment grew 227,000 in February, exceeding expectations of 210,000. This is the third consecutive monthly gain over 200,000. The private sector continued to drive job growth in February with widespread gains across sectors. The unemployment rate remained unchanged from January at 8.3%.

Past reports were revised upward as well, with January’s growth revised to 284,000 from 243,000 and December’s growth revised to 223,000 from 203,000.

ABA’s chief economist James Chessen commented, “There’s now slow steady march forward. Businesses are gaining confidence and realizing that existing staffing isn’t enough to meet the expected demand as the economy grows.”


February’s employment gains were broad based, across the private sector, which added 233,000 jobs. The service industry continued to see the largest gains, adding 203,000 jobs while the goods producing sector added 24,000 jobs.

Specific industries seeing the largest boost in February were the professional and business services, education and healthcare, and leisure and hospitality. Professional and business services added 82,000 jobs. The education and healthcare sectors added 71,000 jobs, with healthcare expanding 61,000. The leisure and hospitality sector added 44,000.

Government continues to drag on growth, shedding 6,000 jobs in February.


The unemployment rate remained unchanged at 8.3% in February, as increases in the labor force were balanced by increases in household employment. The labor force participation rate increased slightly to 63.9% in February.

While the average workweek remained unchanged from January at 34.5 hours, the average hourly earnings did increase slightly to $23.31 from $23.28.

Read the report.
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Tuesday, March 11, 2014

No Employment Check Payday Loan Quick Cash Advance


Getting a no employment check payday loan is no longer such a big deal. Unexpected emergencies can arise anytime and leave you in a fix. This is where a no employment, no credit check payday loan can come to rescue.

A no employment check payday loan is granted without considering the past credit track record of the borrower. At times you even find companies that do not even conduct an employment detail check before granting the loan. Though there are certain other formalities that the applicant would have to fulfill in order to be eligible for the loan.

Eligibility Requisites

In order to be eligible for a no employment check payday loan, an individual must fulfill all of the below mentioned criteria:

o The applicant must be 18 years or above and should be a citizen of the US.
o He should earn at least $1000 a month.
o He should possess an active checking account that is at least 6 months old.
o He should also have residential proof.

If you fulfill the entire above mentioned criteria, then your no employment check payday loan would be easily granted. If this seems like an appropriate proposition, all you have to do is to find a lending company and apply immediately.

Take Care While Picking A Lending Company

Do proper research and take care of all these pointers:
o Make sure that you locate a reputed company as there are a number of fraud ones out there trying to fool people like you.
o The company you deal with should inform you about all the terms and conditions and deal with complete transparency.
o Be sure to ask about the interest rate that the company would levy on your loan. As yours would be a no employment check payday loan, you are more likely to be charged a higher interest rate.

Once you have located a company that is offering you the best deal, go ahead and sign up with them. You would have to fill up an online application form and submit it for approval. On approval the amount would be electronically transferred into your bank account, the same day.

While all of the above should be in place, do ensure that you repay your no employment check payday loan on its due date to prevent any further damage to your credit rating.

ReadThe RestEntry..

Tuesday, January 21, 2014

ADP Employment Rose by 198 000 in February

Private sector employment increased by 198k jobs in February according to ADPs National Employment Report. Gains in February continued to be driven primarily by the service sector, however the goods sector made gains as well. Februarys gain is slightly lower than Januarys gain of 215k jobs, revised upward from an initially reported 192k jobs. Januarys ADP report translated into a gain of 157k jobs as reported by the BLS.



Keeping with recent trends, the majority of job creation in February came from the service sector, which created 164k jobs, down from 184k in January.

The goods producing sector picked up steam in January, adding 34k jobs, up from 31k the previous month. Much of this gain was driven by improvements in the manufacturing sector, which added 9K jobs. The goods sector has now seen employment gains for five consecutive months.

Read the ADP release.
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Sunday, November 17, 2013

ADP Employment Grew by 158 000 in March

ADP’s National Employment Report indicated that the private sector increased employment by 158,000 jobs in March. March’s increase is weaker then February’s gain, which was revised up by 39k jobs to 237k. Improvements in March continued to be driven primarily by the service sector. Februarys ADP report of 237k jobs matched closely to the 236k jobs reported by the BLS.



Job gains continue to be centered in the service sector, which added 151,000 jobs in March, down from 164,000 in February. Goods producing employment added 7,000 new jobs in March, a drop from the 34,000 jobs added in February. Manufacturing contributed 6,000 jobs, a decline from the 9,000 new jobs in February.

Read the ADP release.
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Thursday, August 29, 2013

ADP Employment Increased by 118 000 Jobs in November

ADP’s National Employment Report indicated that the private sector increased employment by 118,000 jobs in November. Although November’s growth is lower than October’s 157,000, it is still a strong result given the effects of Hurricane Sandy. ADP estimates that the effects of Sandy cut 86,000 jobs from payrolls in November. Accounting for this effect, ADP estimates November’s employment would have risen by 204,000 jobs.



In October, ADP moved to a new methodology of calculating payroll employment, designed to ensure that employment numbers line up more closely with the BLS’s employment situation. The 157,000 jobs created in October, translated to growth of 171,000 jobs as reported by the BLS.

The report indicates that the service sector continues to drive job creation, accounting for 114,000 of the jobs created in November. November’s service sector growth represents a slowing from the 149,000 jobs the sector created in October. The goods producing sector also slowed in November, creating 4,000 jobs, less than the 8,000 jobs created in October. The manufacturing sector remains weak, shedding jobs for the past five months.

Read the ADP report.
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