Tag

Jobs Report

All articles tagged with #jobs report

Newsmax On-Air Correction: February Jobs Report Reveals a Loss, Not a Gain
business1 month 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
finance3 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.

US Economic Data and Market Trends to Watch This Week
economy3 months ago

US Economic Data and Market Trends to Watch This Week

Investors will have to wait until the new year for clearer data on the US economy due to delays caused by the government shutdown, which affected key reports on jobs and inflation. Analysts warn that the upcoming data may be distorted and provide limited clarity, complicating the Federal Reserve's decision-making on interest rate adjustments amid economic uncertainty.