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...
The U.S. stock market suffered from a major sell-off on Friday prompted by weak jobs data and fears that the economy will become too weak amid a prolonged period of high interest rates.
The job data showed that nonfarm payrolls rose by 114,000 in July,...
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 listed on the New York Stock Exchange continued their recovery on Friday following the March jobs report from the US Bureau of Labor Statistics. The tech-heavy Nasdaq Composite jumped 0.4%, while the S&P 500 gained 0.3%. The Dow Jones Industrial Average edged 0.1%...
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...
