Page 5 - Us Jobs Report
Peloton planning to cut additional 500 jobs to reverse losses: Report
To cut costs, the company cut hundreds of jobs, shuttered stores and outsourced delivery to third parties this year
 "Peloton planning to cut additional 500 jobs to reverse losses: Report")
Sensex, Nifty end flat post volatile trade; ITC up 2%; Maruti, RIL dip 1%
CLOSING BELL: ITC, the biggest cigarette maker, and the second largest fast moving consumer goods (FMCG) company in India, regained the market capitalisation of Rs 4 trillion on Friday
 "Sensex, Nifty end flat post volatile trade; ITC up 2%; Maruti, RIL dip 1%")
'Sizzling' US jobs data for July makes case for bigger Fed Rate increases
US employers added 528,000 jobs last month, more than all estimates, the unemployment rate fell to a five-decade low of 3.5%, and wage growth accelerated
 "'Sizzling' US jobs data for July makes case for bigger Fed Rate increases")
Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers
CLOSING BELL: L&T, PowerGrid, NTPC, ICICI Bank, DR Reddy's Labs, Axis Bank, Bharti Airtel, and Nestle India were the top large-cap gainers
 "Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers")
Solid US job growth anticipated in May; unemployment rate seen at 3.5%
The Labor Department's closely watched employment report on Friday, also expected to show strong wage gains last month
 "Solid US job growth anticipated in May; unemployment rate seen at 3.5%")
US employment gains expected in March; jobless rate seen falling to 3.7%
The Fed last month raised its policy interest rate by 25 basis points, the first hike in more than three years.
 "US employment gains expected in March; jobless rate seen falling to 3.7%")
US added 678,000 jobs in February in sign of economic health
U.S. employers added a robust 678,000 jobs in February, another gain that underscored the economy's solid health as the omicron wave fades
 "US added 678,000 jobs in February in sign of economic health")
US employers shrug off omicron, add 467,000 jobs in January
US employers added a burst of 467,000 jobs in January despite a wave of omicron inflections that sickened millions of workers
 "US employers shrug off omicron, add 467,000 jobs in January")
US weekly jobless claims unexpectedly rise to 230,000 as Covid cases soar
The number of Americans applying for unemployment benefits rose last week to the highest level since mid-November
 "US weekly jobless claims unexpectedly rise to 230,000 as Covid cases soar")
Whiplashed Wall Street muted after mixed US payrolls data
US employment rose by a less-than-expected 199,000 jobs last month as the impact of a resurgent pandemic bites, well below the 400,000 forecast by economists
 "Whiplashed Wall Street muted after mixed US payrolls data")
Dollar falls as US jobless rate sinks to 3.9% as many more people find jobs
The dollar index weakened after the Labor Department said nonfarm payrolls rose by 199,000 last month, well short of the 400,000 estimate
 "Dollar falls as US jobless rate sinks to 3.9% as many more people find jobs")
US companies add most jobs in seven months amid record openings: ADP data
The larger-than-expected payrolls gain could indicate that employers had more success hiring in December as higher wages and attractive working terms lured people off the sidelines
 "US companies add most jobs in seven months amid record openings: ADP data")
US initial jobless claims drop to lowest level in over 50 years
Initial jobless claims in the US last week fell to 184,000, marking the lowest level in more than 50 years, the Labour Department reported.
Stock, bond yields slide after US jobs report and amid Omicron concerns
Global equities and benchmark US bond yields tumbled in volatile trade after data showed US job growth slowed considerably in November and the Omicron variant of the coronavirus kept investors on edge
US payrolls growth slowed in November while jobless rate fell
Nonfarm payrolls climbed 210,000 in November after upward revisions to each of the prior two months, a Labor Department report showed Friday
US weekly jobless claims drop to 52-year low; Q3 growth revised slightly up
Claims have been declining since October, though the pace has slowed in recent weeks as applications approach the pre-pandemic average of about 220,000
US economy slows sharply in Q3; weekly jobless claims at new 19-month low
Strong inflation, fueled by the economy-wide shortages and pandemic relief money from the government over the course of the public health crisis, cut into growth
 "US economy slows sharply in Q3; weekly jobless claims at new 19-month low")
Federal Reserve policymakers hone in on November taper timeline
Earlier on Tuesday, Atlanta Fed President Rafael Bostic said last month's jobs report displayed sufficient progress and endorsed a November start
 "Federal Reserve policymakers hone in on November taper timeline")
Dollar steady after jobs miss as taper hopes remain intact
September's employment report is the last one available before the Federal Reserve's Nov. 2-3 policy meeting.
 "Dollar steady after jobs miss as taper hopes remain intact")
US initial jobless claims fall by most since late June in week
Continuing claims for state benefits fell to 2.78 million in the week ended Aug. 28.
 "US initial jobless claims fall by most since late June in week")
