Page 3 - Us Job Data

US jobs numbers to show payrolls increase by 170k, eases pay growth

The median forecast in a Bloomberg survey of economists also calls for a 3.9% increase in average hourly earnings from a year earlier, the smallest annual gain since mid-2021

US job growth accelerates in November, unemployment rate drops to 3.7%

Nonfarm payrolls increased by 199,000 jobs last month, the Labor Department's Bureau of Labor Statistics (BLS) said in its closely watched employment report on Friday

Fed pivot to interest-rate cuts seen likely to start in May, traders bet

A separate report Friday showed U.S. consumer sentiment improved more than expected in December as households saw inflation pressures easing

US unemployment claims drop by 24,000, hints of labour market resilience

The number of Americans applying for unemployment benefits fell sharply last week, a sign that U.S. job market remains resilient despite higher interest rates. The Labor Department reported Wednesday that jobless claims dropped by 24,000 to 209,000. The previous week's total 233,000 had been the highest since August. The four-week moving average of claims, which smooths out week-to-week volatility, fell by 750 to 220,000. The applications are viewed as a proxy for layoffs. They remain extraordinarily low by historical standards, signalling that most Americans enjoy unusual job security. Overall, 1.84 million Americans were receiving unemployment benefits the week that ended Nov. 11, down by 22,000 from the week before. The Federal Reserve has raised its benchmark interest rate 11 times since March 2022 to slow the economy and rein in inflation that hit a four-decade high last year. The job market and economic growth remained surprisingly resilient, defying predictions that the ..

Gold climbs over 1% as US jobless claims data cement Fed pause bets

Data on Wednesday showed US producer prices fell the most in 3-1/2 years in October, while another set of data on Tuesday highlighted that US consumer prices were unchanged in October

US payrolls likely 306,000 lower through march than previously estimated

The number of workers on payrolls will likely be revised down by 306,000 for March of this year, according to the Bureau of Labor Statistics' preliminary benchmark revision projection

US jobless claims decline by 11,000 in sign of resilient labor market

Initial claims decreased by 11,000 to 239,000 in the week ended Aug. 12, according to Labor Department data out Thursday

US adds 187,000 jobs, unemployment rate unexpectedly drops to 3.5%

US employment increased at a solid pace in July while wages rose at a faster-than-expected clip, consistent with sustained labor demand that's at the root of renewed momentum in the economy

US job growth slows in June and unemployment rate declines to 3.6%

There was also a jump in the number of people working part-time for economic reasons last month, in part because their hours had been reduced due to work slack or business conditions

US weekly jobless claims decline, first-quarter GDP revised higher

Initial claims for state unemployment benefits dropped 26,000 to a seasonally adjusted 239,000 for the week ended June 25, the Labor Department said

US job growth beats expectations in April; unemployment rate falls to 3.4%

Average hourly earnings gained 0.5% after advancing 0.3% in March. Wages increased 4.4% on a year-on-year basis in April after climbing 4.3% in March

US jobless claims show emerging cracks in a strong labour market

Initial unemployment claims were 228,000 in the week ended April 1, Labor Department data showed Thursday

A calmer Wall Street holds relatively steady ahead of US jobs data

Stocks are holding relatively steady Tuesday, as Wall Street continues to find more calm following its tumultuous swings in March. The S&P 500 was virtually unchanged in early trading. The Dow Jones Industrial Average was edging down by 44 points, or 0.1 per cent, at 33,556, as of 9:50 a.m. Eastern time, while the Nasdaq composite was 0.1 per cent lower. Both the stock and bond markets have been steadying after swerving sharply through the first three months of the year. Many big questions still weigh on Wall Street, but the worst fears driven by the second- and third-largest US bank failures in history have abated following forceful actions by regulators around the world. Investors are still split on whether the US economy will fall into a recession and how badly profits for companies are set to fall. The biggest question remains what the Federal Reserve will do next with interest rates after hiking them furiously over the last year to get high inflation under control. A report ..

Dollar steady as volatile markets brace for payroll data, Swiss franc jumps

Futures pricing now implies a roughly 52% chance that the Fed will raise rates by 50 basis points this month, compared with 70% before the data release, according to CME's Fedwatch tool

Indian shares slide as IT firms fear high interest ahead of US jobs data

IT stocks lost 0.66%, falling for the third session in a row due to worries about rate hikes in the United States and Europe, where a majority of their clients are based

Troubled Silicon Valley startup bank spooks share markets, bonds rally

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.3% to a two-month low, with banks and Hong Kong tech stocks leading losses, while London and European futures each slid more than 1%

Gold trades in tight range as investors squared positions for US jobs data

The dollar index slipped 0.3% after hitting a three-month high in the previous session. A weaker greenback tends to make bullion a more attractive bet

Rupee at 1-month high; US data spurs bets of slower Fed rate hikes

RBI moves push up forward premia; reduce hurdles for currency

World stocks soar, investors pare rate bets after US jobs data

Wall Street sparked a global rally in stocks on Friday after a crucial US jobs report showed wage growth slowed in December, fueling investor bets that inflation is easing

US hiring solid but wages cool, giving Fed room to slow rate hikes

Non-farm payrolls increased 223,000 in December, capping a near-record year for job growth, a Labor Department report showed on Friday