HomeTagsUS job market

Tag: US job market

Weekly Jobless Claims Decline As Job Market Remains Tight

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...

Dollar Sinks as Payroll Data Indicates Slowing Inflation

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...

Job Cuts Reach Highest Level Since 2009

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 to Raise Pay for Canadian, U.S. Workers

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...

Job Growth Expected to Shrink as October Jobs Report Looms

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...

Jobless Claims in the U.S. Hit the Highest Mark Since January

Unemployment insurance weekly claims are on the rise across the nation, according to a recent report by the U.S. Department of Labor. The seasonally adjusted initial claims in the week ending July 2 reached a figure of 235,000, marking a 4,000 increase compared to...