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Us Job Growth

US economy adds 236,000 jobs in March amid signs of market cooling

The jobless rate for March slid slightly to 3.5 per cent from February's 3.6 per cent, the data showed

US economy adds 236,000 jobs in March amid signs of market cooling
Updated On : 08 Apr 2023 | 2:03 PM IST

US job growth strong in March; unemployment rate falls to 3.5% from 3.6%

Some of the slowdown in hiring reflected the fading boost from unseasonably mild weather in January and February

US job growth strong in March; unemployment rate falls to 3.5% from 3.6%
Updated On : 07 Apr 2023 | 10:17 PM IST

Yields, expectations for rate hikes rise after US jobs' market report

Yields are rising in the US bond market Friday following a highly anticipated report on the US job market. The US stock market is closed in observance of Good Friday, as are many markets across Europe. That leaves the US bond market as one of the few open to react to the latest jobs update, which showed hiring lost a bit more momentum than expected last month but largely remained resilient. The data was so anticipated because it could offer a big clue for the Federal Reserve, which faces a tough decision on interest rates that will affect the entire economy. Should it keep raising rates in order to drive down inflation that's still high? Or should it hold off given all the signs of slowing across the economy and stress in the banking system that's already been caused by the past year's swift surge in rates? The immediate reaction from the bond market Friday morning seemed to lean toward another hike. Not only did yields rise for Treasurys, so did bets for the Fed to raise rates by

Yields, expectations for rate hikes rise after US jobs' market report
Updated On : 07 Apr 2023 | 7:59 PM IST

US job growth beats expectations in February; wages rise moderately

Economists polled by Reuters had forecast job growth of 205,000

US job growth beats expectations in February; wages rise moderately
Updated On : 10 Mar 2023 | 11:54 PM IST

Strong jobs growth in the US has Federal Reserve in a fix: Report

Hiring remains strong despite technology companies, including Twitter, Amazon, and Meta announcing thousands of jobs cuts

Strong jobs growth in the US has Federal Reserve in a fix: Report
Updated On : 03 Dec 2022 | 12:38 AM IST

US adds 263,000 jobs; unemployment rate falls to 3.5% in September

With the labor market still tight, wage gains remained solid. Average hourly earnings increased 0.3% after a similar rise in August

US adds 263,000 jobs; unemployment rate falls to 3.5% in September
Updated On : 07 Oct 2022 | 9:28 PM IST

US private sector witnessed slower job growth in August, says report

Private companies in the US added 132,000 jobs in August, indicating a slower growth in a tight labour market, a payroll data company said in a report

US private sector witnessed slower job growth in August, says report
Updated On : 01 Sep 2022 | 11:57 AM IST

'Sizzling' US jobs data for July makes case for bigger Fed Rate increases

US employers added 528,000 jobs last month, more than all estimates, the unemployment rate fell to a five-decade low of 3.5%, and wage growth accelerated

'Sizzling' US jobs data for July makes case for bigger Fed Rate increases
Updated On : 06 Aug 2022 | 8:14 AM IST

US job growth stronger than expected as economy adds 372,000 jobs

Jobs were also added in health care and professional and business services

US job growth stronger than expected as economy adds 372,000 jobs
Updated On : 09 Jul 2022 | 2:40 AM IST

US job growth beats expectations; unemployment rate steady at 3.6%

Economists polled by Reuters had forecast payrolls increasing by 325,000 jobs last month. Estimates ranged from as low as 250,000 jobs added to as high as 477,000.

US job growth beats expectations; unemployment rate steady at 3.6%
Updated On : 03 Jun 2022 | 6:59 PM IST

Dollar suffers biggest drop in six weeks after US jobs growth report

The dollar index fell 0.546% at 95.734, and was poised for its biggest drop since Nov. 26, when concerns about the Omicron COVID-19 variant began to rattle markets

Dollar suffers biggest drop in six weeks after US jobs growth report
Updated On : 08 Jan 2022 | 9:09 AM IST

US job growth seen accelerating in Dec; record employment likely in 2021

The Labor Department's closely watched employment report on Friday is also expected to show the jobs market rapidly tightening, with the unemployment rate seen falling to a 22-month low in November

US job growth seen accelerating in Dec; record employment likely in 2021
Updated On : 07 Jan 2022 | 1:09 PM IST

US payrolls growth slowed in November while jobless rate fell

Nonfarm payrolls climbed 210,000 in November after upward revisions to each of the prior two months, a Labor Department report showed Friday

US payrolls growth slowed in November while jobless rate fell
Updated On : 03 Dec 2021 | 8:02 PM IST

Wall Street muted on jobs growth as inflation, Delta variant fears weigh

A positive jobs report spurred Wall Street to push some stocks and Treasuries higher on Friday, but investor optimism was tempered by looming inflation, declining Federal Reserve stimulus

Wall Street muted on jobs growth as inflation, Delta variant fears weigh
Updated On : 06 Aug 2021 | 9:13 PM IST

US adds 850,000 jobs in June, the most in 10 months as hiring gains pace

The labor force participation rate held steady and remained well short of pre-pandemic levels

US adds 850,000 jobs in June, the most in 10 months as hiring gains pace
Updated On : 02 Jul 2021 | 7:35 PM IST

US job growth beats expectations in Feb amid falling new Covid-19 cases

Nonfarm payrolls surged 379,000 jobs last month after rising 166,000 in January, the Labor Department said on Friday. In December, payrolls fell for the first time in eight months

US job growth beats expectations in Feb amid falling new Covid-19 cases
Updated On : 05 Mar 2021 | 9:05 PM IST

Fed's Powell calls for broad national drive to full employment

The United States remains about 9 million jobs short of where it was a year ago

Fed's Powell calls for broad national drive to full employment
Updated On : 11 Feb 2021 | 1:04 AM IST

World Coronavirus Dispatch: US job growth slowed more than expected in Sept

Indonesia aims to vaccinate 160 mn, China breweries thrive despite Covid, small caps are pandemic's big winners in Europe, and other pandemic-related news across the globe

World Coronavirus Dispatch: US job growth slowed more than expected in Sept
Updated On : 03 Oct 2020 | 5:19 PM IST

US job growth loses speed as fiscal stimulus ebbs; permanent job losses up

Nearly a fifth of the job gains reported by the Labor Department on Friday were from the government's temporary hiring for the 2020 Census

US job growth loses speed as fiscal stimulus ebbs; permanent job losses up
Updated On : 05 Sep 2020 | 8:51 AM IST

US job growth slows further in August, unemployment rate falls to 8.4%

Nonfarm payrolls increased by 1.371 million jobs last month after advancing 1.734 million in July, the Labor Department's closely watched employment report showed

US job growth slows further in August, unemployment rate falls to 8.4%
Updated On : 04 Sep 2020 | 7:03 PM IST