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Ford Adds Thousands of Jobs in United States as Move Away from China Continues

August 23, 2026 by AdminNo Comments

Ford is expanding production of their Lincoln vehicles in the United States, adding thousands of jobs and reducing reliance on Chinese imports. The automaker said the move will “further strengthen Ford’s position as America’s No. 1 auto producer,” per an Aug. 12 report from CNBC. The move is expected to bring “thousands of direct and indirect U.S. jobs” as more Lincoln models are manufactured domestically. “Lincoln is a quintessentially American brand, and Ford is America’s automaker,” Ford CEO Jim Farley said in a statement. The Trump Manufacturing Boom Continues: @Ford is reshoring manufacturing and bringing THOUSANDS of jobs with it.@USDOL is working to ensure our workforce has the skills to fill these jobs and power America’s manufacturing renaissance.https://t.co/aD2xt2K19u pic.twitter.com/7fX4fcdxrb — U.S. Department of Labor (@USDOL) August 14, 2026 “This wasn’t necessarily the easiest path. In fact, it’s a path most of our competitors aren’t choosing to take. But Ford builds in America because we believe in America, and we’re betting on that belief again.” Ford currently assembles...

US added 119,000 jobs in September in report delayed by federal shutdown | US unemployment and employment data

August 23, 2026 by AdminNo Comments

The US jobs market added 119,000 jobs in September, according to the latest monthly jobs report, which was delayed by six weeks due to the shutdown of the federal government.Amid heightened uncertainty surrounding the strength of the US economy, the much-anticipated reading was higher than the 51,000 jobs expected by analysts to be added in September.The unemployment rate, meanwhile, ticked up from 4.3% to 4.4%: its highest level since 2021. And a previous estimate for jobs growth in August was downgraded – revealing an unexpected decline in the US workforce.bar chart of jobs growthThe Bureau of Labor Statistics (BLS) revised down previous readings for July and August, which had already raised fears that growth in the labor market had stalled in recent months.The agency now estimates that the US economy added 72,000 jobs in July, down from 79,000, and shed 4,000 jobs in August, down from growth of 22,000.Trading on Wall Street was volatile. Boosted by strong results from chipmaker...

US shed 92,000 jobs, unemployment ticked up to 4.4% in February

August 23, 2026 by AdminNo Comments

Updated March 6, 2026, 3:39 p.m. ETThe U.S. economy shed 92,000 jobs in February, the Bureau of Labor Statistics estimated March 6, far below forecasters' expectations, and a signal the labor market is still in low-hire mode as employers navigate tariff-related inflation pressures, AI adoption, and geopolitical uncertainty. The February estimate comes in much lower than the BLS’ now-revised gain of 126,000 jobs added in January, which was much higher than the agency’s revised figures for 2025, when U.S. employers added only 181,000 jobs throughout the entire year, or about 15,000 a month.“The weak jobs report challenges the recent stabilization narrative and puts the Fed in a difficult position, especially as the spike in oil prices adds near‑term inflation pressure,” Angelo Kourkafas, Senior Global Strategist at Edward Jones, said in a note to USA TODAY, adding that economists should avoid over-extrapolating the trend given weather and labor disruptions' potential impact on hiring in February. He added, “however, with global geopolitical uncertainty elevated, it is reasonable to expect that job growth may remain subdued in the months ahead.”The unemployment rate rose to 4.4% in February, up from 4.3% in January, and up from 4.1% a year ago. Bankrate Senior Economic Analyst Mark Hamrick...

Decent January for US jobs, but the sector concentration is a huge concern | articles

August 23, 2026 by AdminNo Comments

The benchmark revisions aren’t good. Provisionally, they were estimated to be -911k or down 76k per month, while Fed Chair Powell thought they would be 60,000 in the final report or 720k. They were actually down 862k. However, the key point is that this wipes out all the job gains in sectors that aren’t government, leisure & hospitality and private education and healthcare services over the past three years. That means the likes of retail, construction, manufacturing, technology, financial services, and business services are failing to generate employment. This will only increase the political pressure on the Fed to cut rates further. Moreover, even within today’s decent-looking report, private education & healthcare services continue to dominate, contributing 137k of the 130k jobs given government lost 42k. Construction was pretty good, though, rising by 33k. This report in itself will not be enough to convince the market of an early Fed cut. It will be the same set of voters that chose to...

U.S. lost 92,000 jobs last month and unemployment rate rises to 4.4%

August 23, 2026 by AdminNo Comments

WASHINGTON (AP) — American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate blipped up to 4.4%. WATCH: Revised economic numbers inject uncertainty into jobs market The Labor Department reported Friday that hiring deteriorated from January, when companies, nonprofits and government agencies added a healthy 126,000 jobs. Economists had expected 60,000 new jobs in February. Revisions also cut 69,000 jobs from December and January payrolls. The job market had been expected to rebound this year from a lackluster 2025 when the economy, buffeted by President Donald Trump's erratic tariff policies and the lingering effects of high interest rates, generated just 15,000 jobs a month. And January hiring had come in above expectations. "Just when it looked like the labor market was stabilizing, this report delivers a knock-down blow to that view,'' said Olu Sonola, head of U.S. economics at Fitch Ratings. "It's bad news whichever way you look at it." The job losses were widespread. READ MORE:...

The US economy lost 92,000 jobs in February and the unemployment rate rose to 4.4%

August 23, 2026 by AdminNo Comments

Hiring at US businesses unexpectedly plunged last month as employers shed an estimated 92,000 jobs, according to new data released Friday by the Bureau of Labor Statistics. The unemployment rate edged higher to 4.4% from 4.3%. Economists were expecting job growth to slow somewhat after a surprisingly strong January – in part due a major labor strike by health care workers and a deep cold snap that hit many US states. The consensus estimates were for a net gain of 60,000 jobs and the unemployment rate to hold steady, FactSet estimates show. “We had a labor market that nearly froze last year, and...

February US Jobs Report: 92,000 Fall In Payrolls Far Worse Than Expected

August 23, 2026 by AdminNo Comments

The US economy lost 92,000 jobs in February, according to the latest data from the Bureau of Labor Statistics, in a far weaker report than had been expected. The unemployment rate rose to 4.4% in February from 4.3% in January.Nonfarm payroll employment had been forecast to show an increase of 60,000, down from the 130,000 increase initially reported for January (since revised down to 126,000), according to FactSet. Meanwhile, the unemployment rate had been forecast to remain steady at 4.3%.February Jobs Report Key StatsTotal nonfarm payrolls fell by 92,000 after rising by 126,000 in January.The unemployment rate rose to 4.4% in February from 4.3% in January.In February, average hourly wages rose by 15 cents, or 0.4%, to $37.32. This article was generated with the help of automation and reviewed by Morningstar editors. Learn more about Morningstar’s use of automation. The author or authors do not own shares in any securities mentioned in this article. Find out about Morningstar’s...

US lost 92,000 jobs in February just before Trump joined Iran conflict | US economy

August 23, 2026 by AdminNo Comments

The US lost 92,000 jobs in February, an unexpected major slackening in the labor market that came just before Donald Trump threw the global economy into upheaval with his conflict in Iran.The unemployment rate edged up to 4.4% in February. In comparison, the US added a revised 126,000 jobs in January, far surpassing expectations of 70,000 jobs but still less than January 2025. Economists predicted an increase of 60,000 jobs added in February and a steady unemployment rate of 4.3%.Chart of monthly changes in US jobsThe report revised down job figures from December and January. Figures in December went down by 65,000, from 48,000 job gains to 17,000 losses. January saw a much smaller drop, revised down by 4,000 jobs, from 130,000 to 126,000.January’s job report also included revisions that brought down the total number of jobs added to the economy in 2025 to 181,000 jobs – the weakest year of job growth since Covid and a substantial decrease from...

GLOBAL MARKETS-Stocks, dollar stall ahead of US jobs data; oil gains as Gulf tensions flare

August 23, 2026 by AdminNo Comments

Global stocks headed for their strongest weekly gain since ‌May on Friday, ahead of major U.S. jobs data, as investor optimism over robust earnings growth and enthusiasm over AI offset concern about another flare-up in Middle East tensions that boosted oil.MSCI's All-World index has risen 2.3% this week, the most in three months, and on Friday was steady, while shares in drugmakers and ‌technology companies lifted Europe's STOXX 600 by 0.2% on the day and 1.6% for the week. After bouts of volatility sparked by concerns over the durability of the AI-driven rally, investors are now squarely focused on the U.S. payrolls report due later in the day, which could prove crucial for the interest-rate outlook. Forecasts are centred on a rise of 80,000 jobs for July after a 57,000 gain in June, with the unemployment rate forecast to ‌hold steady at 4.2%.Money markets show traders are split over whether or not the Federal Reserve will raise rates next month,...

Trump’s immigration crackdown has failed to increase number of U.S.-born workers, data shows

August 23, 2026 by AdminNo Comments

More than one year into the Trump administration’s immigration crackdown, there’s little to suggest White House Deputy Chief of Staff Stephen Miller has achieved his goal of boosting the U.S.-born workforce by closing borders. A National Foundation for American Policy (NFAP) policy brief published this month noted from February 2025 to February 2026, labor force participation for U.S.-born workers age 16 and older actually fell from 61.4% to 61%, citing jobs data from the Bureau of Labor Statistics. That dip in the U.S.-born labor force—part of a larger labor market slowdown that saw just 181,000 jobs added to the U.S. economy in 2025—coincided with a swath of actions meant to curb immigration. This included roughly $170 billion in immigration enforcement funding, counting $75 billion to Immigration and Customs Enforcement through 2029, outlined in President Donald Trump’s One Big Beautiful Bill (OBBB). The crackdown appears to have had its intended effect in driving out immigrants and those considering coming to the U.S. The Brookings...