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U.S. Job Gains Reach Lowest Level in 6 Months, Unemployment Rate on the Rise

The U.S. job market is facing an unexpected shift compared to the start of 2024. A recent report from the Bureau of Labor Statistics shows that U.S. employers added fewer jobs in April while the unemployment rate saw a rise. According to the report, the...

Stocks Close Mixed Following Unexpected Jobs Data

Stocks ended the week mixed after the release of August's jobs report. According to the data from the Bureau of Labor Statistics, US unemployment rose to 3.8% in August, above an expected 3.5%. Still, 187,000 new jobs were added last month, beating a forecast...

Unemployment Hits 18-Month High in Latest Jobs Report

Data released by the Bureau of Labor Statistics showed that the U.S. unemployment rate rose to 3.8% from 3.5% the previous month. This is the highest unemployment rate in the U.S. since February 2022. Still, there appear to be some positive repercussions arising from...

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...