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Us Jobs Growth

All articles tagged with #us jobs growth

finance2 years ago•2 min saved

"January 2024 Jobs Report: Strong Growth Sparks Concerns in Stock Market"

The US stock market closed higher as the S&P 500 hit a fresh high, fueled by strong earnings and a better-than-expected January jobs report. Federal Reserve Chair Jerome Powell expressed caution about interest rate cuts, while US and UK forces conducted strikes against Houthi targets in Yemen. Apple faces challenges in China, and Citi highlighted its top global stock picks. The robust US jobs report may delay potential interest rate cuts, prompting investors to adjust their expectations.

via CNBC|

#apple #federal-reserve #finance

economy2 years ago•0 min saved

"US Economy Defies Expectations, Adds 336,000 Jobs in September"

The US jobs market exceeded expectations by adding 336,000 new positions, surpassing the predicted growth rate. This surge in employment reflects a strong and robust economy.

via Financial Times|

#economy #employment #expectations

finance2 years ago•3 min saved

Gold price dips as U.S. jobs surge in September.

Gold prices are slightly lower after the U.S. employment report for September showed stronger-than-expected non-farm payrolls jobs gains, indicating that the Federal Reserve will maintain its hawkish stance on U.S. monetary policy. The report revealed a rise of 336,000 non-farm jobs, well above expectations, but with some weaker internals such as the unemployment rate staying at 3.8%. The U.S. dollar index is higher, while Asian and European stocks are mixed. Gold futures and silver prices are in a downtrend, with bears having the overall near-term technical advantage.

via Kitco NEWS|

#federal-reserve #finance #gold-price

business3 years ago•0 min saved

Mixed Results for March Jobs Report in US and Canada

US jobs growth slowed in March as the economy added 916,000 jobs, down from 468,000 in February, as the Federal Reserve's tightening policies began to take effect. The unemployment rate fell to 6%, the lowest since the pandemic began, but the labor force participation rate remained unchanged at 61.5%.

via Financial Times|

#business #economy #fed-tightening