Tag: unemployment rate
U.S. Weekly Jobless Claims Decline as Labor Market Holds Firm
New applications for U.S. unemployment benefits fell last week, signaling that layoffs remain low even as the labor market continues to struggle with creating...
Wall Street Divided on December Fed Rate Cut After Jobs Report
Wall Street remains divided on whether the Federal Reserve will cut interest rates in December. The split follows Thursday’s September jobs report, which showed...
U.S. Job Growth Strengthens in September Even as Unemployment Rises to...
U.S. job growth picked up in September, but the unemployment rate rose to 4.4%, the highest level in four years. Meanwhile, the economy lost...
Morgan Stanley Scraps December Rate-Cut Forecast After Strong U.S. Jobs Data
Morgan Stanley has withdrawn its call for a quarter-point Federal Reserve rate cut in December. The change came after September’s stronger-than-expected jobs report pointed...
September U.S. Hiring Expected to Slow but Remain Steady
U.S. job growth likely improved slightly in September, while the unemployment rate stayed near a four-year high of 4.3%. This level reflects a labor...
Shutdown Forces Cancellation of October U.S. Jobs Report
The U.S. Bureau of Labor Statistics announced on Wednesday that it will not publish the October employment report. Instead, October’s nonfarm payroll data will...
U.S. Job Growth Slows to 22,000 in August as Labor Market...
The U.S. economy added just 22,000 jobs in August, falling far short of expectations and signaling further signs of a cooling labor market. The...
