Tag: unemployment

Goldman Sachs chief economist Jan Hatzius is adamant that U.S. consumers will remain resilient in 2024 regardless of the stressors that they may encounter over the coming year. Hatzius expects incomes to continue growing, boosted by a rise in job creation and rising yields...

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...

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...

The U.S. labor market remained strong as 2022 came to an end according to the monthly jobs report for December that was released by the Labor Department on Friday. 223,000 non-farm payrolls were added in December, thereby outpacing the 202,000 payroll rise projected by Wall...

Brazil's Labor Ministry released its formal net jobs creation data on Tuesday, showing a net gain of 159,454 jobs for the month of October. This is below analysts' expectations, with a Reuters poll of economists forecasting a net gain of 238,000 jobs. In addition to...

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...