HomeTagsJobs report

Tag: jobs report

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...

Positive Jobs Report Lifts U.S. Stocks

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 Falter Following Stronger-Than-Expected Jobs Report

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...

Jobs Report Expected to Show Hiring Slowdown

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 Brace for February Jobs Report and Fed Chair Testimony

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...

Stocks Rise Ahead of Jobs Data

U.S. stocks posted significant gains on Friday as tech giants posted promising earnings reports and markets braced for the release of the U.S. jobs report later in the day. S&P 500 futures were up 0.5%, with those on the tech-heavy Nasdaq 100 rising as...