Better Than Expected - Cincinnati News, Weather, Sports from FOX19 NOW-WXIX

Better Than Expected

Jobs report much better than expected

The April jobs report is much better than analysts had expected. The Labor Department says 274-thousand jobs were added to the economy last month as companies ratcheted up their hiring. That's about 100-thousand more than expected.

The unemployment rate was unchanged at five-point-two percent. The report is a hopeful sign that the labor market is gaining traction and that the economy's rough patch was temporary. It also showed that workers' average hourly earnings rose three-tenths of one percent in April, to 16 dollars. That was slightly higher than the increase economists were forecasting.

In another dose of good news, the report also showed the job gains for both February and March were much larger than previously estimated. Job gains for March were raised to 146-thousand from an initial estimate of just 110-thousand.

The payroll increase for February was boosted to 300-thousand from the 243-thousand that was originally reported.

  • FOX19 HeadlinesMore>>

  • 1 dead in Ripley County house fire

    1 dead in Ripley County house fire

    Wednesday, June 20 2018 9:25 AM EDT2018-06-20 13:25:18 GMT
    Photo: Greater Cincinnati Police & Fire Chaplain Services Twitter accountPhoto: Greater Cincinnati Police & Fire Chaplain Services Twitter account

    A house fire with a reported injury has U.S. 421 shut down near West County Road, according to Ripley County dispatchers.

    Full Story >

    A house fire with a reported injury has U.S. 421 shut down near West County Road, according to Ripley County dispatchers.

    Full Story >
  • Online Reviews: Real or Fake?

    Online Reviews: Real or Fake?

    Online Reviews: Real or Fake?

    Do you trust online reviews?  a lot of those 5 star reviews you see could be fake. Sandra Guile from the Cincinnati Better Business Bureau to helps us figure out how to shop online safely. For more information visit https://www.bbb.org/en/us/local-bbb/bbb-cincinnati

    Full Story >

    Do you trust online reviews?  a lot of those 5 star reviews you see could be fake. Sandra Guile from the Cincinnati Better Business Bureau to helps us figure out how to shop online safely. For more information visit https://www.bbb.org/en/us/local-bbb/bbb-cincinnati

    Full Story >
  • No clear plan yet on how to reunite parents with children

    No clear plan yet on how to reunite parents with children

    Wednesday, June 20 2018 2:31 AM EDT2018-06-20 06:31:19 GMT
    Wednesday, June 20 2018 9:23 AM EDT2018-06-20 13:23:44 GMT
    (AP Photo/Eric Gay). A boy stares out of a heavily tinted bus window leaving a U.S. Customs and Border Protection facility, Tuesday, June 19, 2018, in McAllen, Texas. More than 2,300 minors have been separated from their families crossing the border to...(AP Photo/Eric Gay). A boy stares out of a heavily tinted bus window leaving a U.S. Customs and Border Protection facility, Tuesday, June 19, 2018, in McAllen, Texas. More than 2,300 minors have been separated from their families crossing the border to...
    Trump administration officials have no clear plan on how to reunite some of the 2,300 minors separated from their families at the border as a result of a zero-tolerance policy of criminally prosecuting anyone...Full Story >
    Trump administration officials have no clear plan on how to reunite some of the 2,300 minors separated from their families at the border as a result of a zero-tolerance policy of criminally prosecuting anyone caught entering the U.S. illegally.Full Story >
Powered by Frankly