Tag

Jobs Report

All articles tagged with #jobs report

April Jobs Data Defies Slowdown Hopes with 115k Gain
economy18 days ago

April Jobs Data Defies Slowdown Hopes with 115k Gain

U.S. payrolls rose by 115,000 in April, beating estimates and keeping the unemployment rate at 4.3%; average hourly earnings rose 0.2% for the month and 3.6% year over year. Healthcare led hiring with 37,000 new jobs, with gains also in transportation/warehousing, retail, and social assistance. Information services fell by 13,000 as AI pressures persist, and the broader U-6 unemployment measure rose to 8.2%.

Futures Edge Higher as Iran Tensions and Jobs Data Loom
market-news18 days ago

Futures Edge Higher as Iran Tensions and Jobs Data Loom

U.S. stock futures were higher Friday as traders weighed U.S.-Iran tensions and awaited the April jobs report, with Nasdaq-100, Dow, and S&P 500 futures up about 0.35%, 0.10%, and 0.23% respectively around 1:15 a.m. ET, while oil rose on the tensions. In the prior session, major indices closed lower after retreating from intraday highs, and investors are eyeing earnings from Wendy’s, Enbridge, Nintendo, and Fidelity National Information Services, along with key macro data on employment and sentiment.

Newsmax On-Air Correction: February Jobs Report Reveals a Loss, Not a Gain
business2 months ago

Newsmax On-Air Correction: February Jobs Report Reveals a Loss, Not a Gain

Newsmax’s Marc Lotter corrected co-host Sharla McBride on air after she claimed February’s jobs report added 92,000 jobs; the correction stated the economy actually lost 92,000 jobs, with December revisions downward by 65,000, totaling about a 17,000 net December loss. The data coincided with a sharp market drop (Dow ~900 points, S&P 500/Nasdaq ~1.6%), a small uptick in unemployment to 4.4%, and warnings that healthcare hiring could fall if proposed Medicaid cuts pass in President Trump’s plan.

S&P 500 and Dow Reach Record Highs Amid Strong Jobs Data
finance4 months ago

S&P 500 and Dow Reach Record Highs Amid Strong Jobs Data

The S&P 500 reached a new intraday high on Friday, supported by a mixed jobs report showing 50,000 new jobs in December and a slight decrease in the unemployment rate to 4.4%. Major indices are on track for a weekly gain, with the market reacting positively to economic stability and government actions like Trump's mortgage bond purchase plan. Several stocks hit 52-week highs, and the market opened in the green, reflecting investor optimism amid ongoing economic and political developments.