Tag: U.S. Job Market

The latest U.S. weekly jobless claims report showed that the number of Americans filing new claims for unemployment benefits went down this week. This unexpected decline indicates that the job market has remained strong despite the failure of two major regional banks. Weekly jobless claims...

The dollar weakened on Friday following the release of the U.S. jobs report for February. The report, which exhibited a slowdown in job growth, indicated a slowdown in inflation, which in turn could lower the possibility of a 50 basis point interest rate hike...

Over 180,000 job layoffs were reported in the U.S. over January and February; the highest level in 2009. The report, released on Thursday by employment firm Challenger, Gray & Christmas Inc., showed that over a third of all job cuts came from the tech...

Home Depot announced on Tuesday that it will put $1 billion towards increasing the wages of its hourly workers based in the United States and Canada. The rise is expected to be implemented this month, with starting pay being at least $15 per hour. “This...

The Labor Department is set to release its October Jobs Report at 8:30 a.m. on Friday. With the Federal Reserve implementing its most aggressive monetary tightening campaign in decades, analysts expect the Jobs Report to show a minor curb in job growth over the...

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...