US Economy Expected to Show Stability in Upcoming Jobs Data
The US economy is expected to show signs of further strengthening in next week's jobs report, due to be released on Friday. The report is expected to show solid labor demand after an encouraging first six months of the year.
Markets are betting that Friday's...
Dollar Falls in the Face of U.S. Jobs Growth
The U.S. dollar declined on Friday following the latest U.S. jobs report that suggested that the U.S. labor market is diminishing in strength despite its continued resilience.
According to the latest report from the Labor Department, the U.S. economy in June added the fewest jobs...
U.S. Stocks Slip Lower Following Jobs Data
Stocks closed lower on Friday to end the week after the latest U.S. jobs reports showed that the labor market remained resilient despite tight economic conditions. This strong data is lowering investors' hopes for the Federal Reserve to keep interest rates unchanged this month.
The...
Incoming U.S. Labor Market Readings Expected to Show Job Growth
Upcoming labor market readings are expected to show moderate yet healthy job growth in the U.S. A historically low unemployment rate is also expected.
Economists polled by Bloomberg forecast a rise in nonfarm payrolls of 225,000 in June. While one of the smallest increases since...
U.S. Jobs Report Exceeds Expectations
Data from the Bureau of Labor Statistics released on Friday indicated that the U.S. economy continues to remain strong despite unemployment rising. The May jobs report showed that 339,000 nonfarm payrolls were added during the month, far exceeding analysts' expectations of a rise of...
U.S. Labor Market Delivers a Surprise With Massive Job Gains
The Bureau of Labor Statistics released its labor market report for July on Friday that delivered some surprising numbers. The biggest shock was 528,000 jobs gained, which was more than double compared to the 250,000 experts predicted.
The massive job gains have brought down the...