The Bureau of Labor Statistics released its highly anticipated Employment Situation Summary for August, with the data showing that the U.S. economy saw fewer job additions than expected while the unemployment rate saw a slight drop.
The report shows that nonfarm payroll employment in August...
Stocks closed lower on Friday, thereby stalling their recent rally as February's jobs report exceeded Wall Street Expectations. 275,000 jobs were added last month, with the unemployment rate rising to 3.9%; its first increase in four months.
The benchmark S&P 500 slumped by 0.7%, retreating...
The Bureau of Labor Statistics is set to release the U.S. Jobs Report for February on Friday morning, with investors eagerly awaiting this data as a means of gauging the health of the U.S. jobs market and whether January's surprise pickup will indeed sustain.
Nonfarm...
Investors are anxiously bracing themselves for the release of the February U.S. Jobs Report this coming week, along with the semi-annual testimony by Federal Reserve President Jerome Powell on Capitol Hill. This comes after the S&P 500 and the tech-heavy Nasdaq Composite wrapped up...
U.S. and European futures both declined on Friday as investors brace for the latest round of US jobs data later in the day. This data is expected to be critical in investors' forecasts for the timing and pace of the Federal Reserve's interest rate...
Stocks closed the first week of trading in December on a win, thereby securing their sixth consecutive winning week. This comes after the Bureau of Labor Statistics released a strong U.S. monthly jobs report for November.
The Dow Jones Industrial Average gained 0.3% on Friday,...