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Job growth in the U.S. posted another healthy gain in February, according to a new Labor Department report, leading many analysts to predict an interest rate hike by the Federal Reserve when it meets next week.
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Employers in the U.S. continue to add people to their payrolls at a healthy pace, and there is mounting evidence that the nation’s manufacturing sector is coming out of the doldrums.
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The U.S. manufacturing industry kicked off the year with its strongest performance in two years, according to a new report, while a separate one about the sector plus others regarding employment, personal spending and incomes all points to increased economic growth.
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The for-hire trucking industry was partly to thank for the 156,000 non-farm jobs additions in the U.S. during December, according to new Labor Department figures. A separate report shows manufacturing remains healthy despite small declines in new orders.
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Unemployment in the U.S. continued falling in November, hitting its lowest level since 2007, according to Labor Department figures issued Friday, as the trucking industry also contributed to some of the job additions.
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Independent research conducted by software provider Omnitracs finds military veterans to be safer and have fewer terminations than the average truck driver.
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Employers continued adding jobs in the U.S. during October, according to a new Labor Department report, and trucking was one of many industries that helped push the number higher.
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Trucking employment in the U.S. slipped in September despite overall non-farm job growth moving higher for the 72nd straight month, according to a new Labor Department report. But other reports indicate manufacturing is regaining some steam, fueling speculation over an interest rate hike.
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The U.S. economy continued adding more jobs in August but at a slightly slower pace, leading to expectations the Federal Reserve will punt on a possible interest rate hike later this month. A separate report shows factory orders rebounded in the biggest gain in nine months.
Read More →U.S. private sector employers reported another month of strong job gains on Wednesday, two days ahead of a government report. With increases in consumer confidence, personal spending and wages, it adds up to talk of a hike in interest rates as soon as September.
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