2023-12-08 16:40:38 Job creation showed little signs of a letup in November, as payrolls grew even faster than expected and the unemployment rate fell despite signs of a weakening economy. Nonfarm payrolls rose by a seasonally adjusted 199,000 for the month, slightly better than the 190,000 Dow Jones estimate and ahead of the unrevised October … Read more
2023-12-08 20:47:21 A UPS seasonal worker delivers packages on Cyber Monday in New York on Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images November’s solid jobs report did not assure that the economy will come in for a soft landing, but it did help to clear the runway a little more. After all, … Read more
2023-12-05 18:04:49 Job openings tumbled in October to their lowest in 2½ years, a sign the historically tight labor market could be loosening. Employment openings totaled a seasonally adjusted 8.73 million for the month, a decline of 617,000, or 6.6%, the Labor Department reported Tuesday. The number was well below the 9.4 million estimate from … Read more
2023-11-03 16:39:51 The U.S. economy saw job creation decelerate in October, confirming persistent expectations for a slowdown and possibly taking some heat off the Federal Reserve in its fight against inflation. Nonfarm payrolls increased by 150,000 for the month, the Labor Department reported Fridayagainst the Dow Jones consensus forecast for a rise of 170,000. The … Read more
2023-11-03 17:49:38 The October jobs report showed a cooling labor market in the U.S., with many sectors showing minimal or negative growth as the economy added a relatively meager 150,000 jobs overall. A bright spot came in health care and social assistance, which added more than 77,000 jobs. Within that, ambulatory health care gained 32,000 … Read more
2023-10-06 15:36:12 Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest rates, labor strife and dysfunction in Washington. Nonfarm payrolls increased by 336,000 for the month, better than the Dow Jones consensus estimate for 170,000 and more than 100,000 higher than the previous month, … Read more
2023-10-06 13:42:50 The Dow Jones Index fell nearly 100 points, nearing the 33,000 level after the United States revealed higher-than-expected non-agricultural employment figures. This indicates a strong labor market. and will be a factor supporting the increase in interest rates by the Federal Reserve (Fed). As of 8:32 p.m. Thai time, the Dow Jones Industrial … Read more
2023-10-05 20:39:24 Columbia South Carolina, Chick-fil-A, fast food restaurant with sign $15 an hour to be hospitable. Jeff Greenberg | Universal Images Group | Getty Images A strong jobs market could equal a weak stock market if current trends hold up. Friday’s nonfarm payrolls report will provide a major test for Wall Street, which has … Read more