January 8, 2024
“…December’s jobs report showed employers added 216,000 positions for the month while the unemployment rate held at 3.7%. Payroll growth showed a sizeable gain from November’s downwardly revised 173,000. October also was revised lower, to 105,000 from 150,000, indicating a slightly less… Continue Reading…
October 26, 2023
“…Gross domestic product, a measure of all goods and services produced in the U.S., rose at a 4.9% annualized pace in the July-through-September period, up from an unrevised 2.1% pace in the second quarter, the Commerce Department reported Thursday.. Economists surveyed by… Continue Reading…
October 6, 2023
“U.S. Treasury yields rose Friday, with the 10-year nearing a 16-year high after the latest jobs data came in stronger than economists anticipated. The yield on the 10-year Treasury was up by nearly 13 basis points at 4.839%. It had hit a fresh… Continue Reading…
March 8, 2023
“…Private payrolls increased by 242,000 for the month, ahead of the Dow Jones estimate for 205,000 and well above the upwardly revised 119,000 jobs gain, from 106,000, in January. Wage growth decelerated slightly, with those remaining in their jobs seeing… Continue Reading…
January 25, 2023
“Hundreds of Amazon workers are on strike in Britain. The walkout marks the first formal industrial action in the country for the U.S. tech giant. The 24-hour strike action began Wednesday a minute after midnight. Strikers are expected to picket outside the… Continue Reading…
November 4, 2022
“…Nonfarm payrolls grew by 261,000 for the month while the unemployment rate moved higher to 3.7%, the Labor Department reported Friday. Those payroll numbers were better than the Dow Jones estimate for 205,000 more jobs, but worse than the 3.5% estimate… Continue Reading…
May 9, 2022
Just letting you guys know I’m going to be on the move in the stock market. I’ll be honest here. The stock market is in shambles. It seems to me like we will be going into a deep recession maybe… Continue Reading…
December 1, 2021
“Private hiring increased by 534,000 for the month, better than the Dow Jones estimate of 506,000 in a labor market that appears to be getting tighter. The total was a decline from the October growth of 570,000, which was revised lower… Continue Reading…
October 7, 2021
“The total of Americans submitting jobless claims fell sharply last week as enhanced federal unemployment benefits wound down, the Labor Department reported Thursday. Initial filings for unemployment benefits totaled a seasonally adjusted 326,000 for the week ended Oct. 2, below… Continue Reading…
July 2, 2021
“Futures contracts tied to the major U.S. stock indexes rose slightly on Friday as the June jobs report beat expectations, putting Wall Street on track to post a solid week of gains across the board. Contracts tied to the Dow… Continue Reading…
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