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Gold prices fall 1% after strong US jobs data, firmer dollar

Spot gold XAU= fell 0.7% to $1,924.16 per ounce by 10:44 a.m. ET (1444) GMT. U.S. gold futures GCv1 dropped 1.3% to $1,928.00

Gold prices fall 1% after strong US jobs data, firmer dollar
Updated On : 01 Apr 2022 | 10:09 PM IST

US added 431,000 jobs in March in sign of economic health

As the pandemic has eased, consumers have been broadening their spending beyond goods to services

US added 431,000 jobs in March in sign of economic health
Updated On : 01 Apr 2022 | 7:26 PM IST

US unemployment slightly dips to 3.8% in Feb as Covid surge fades

Over the past 12 months, average hourly earnings have increased by 5.1 per cent.

US unemployment slightly dips to 3.8% in Feb as Covid surge fades
Updated On : 05 Mar 2022 | 10:01 AM IST

Asian stock markets slip as US jobs stunner hammers bonds

Geopolitics also remained a worry as the White House warned Russia could invade Ukraine any day and French President Emmanuel Macron prepared for a trip to Moscow

Asian stock markets slip as US jobs stunner hammers bonds
Updated On : 07 Feb 2022 | 7:37 AM IST

US: Surging omicron infections and worker shortage likely hurt hiring

Last month's huge wave of omicron infections is thought to have weakened hiring in January, though the pullback is considered all but sure to prove a temporary one.

US: Surging omicron infections and worker shortage likely hurt hiring
Updated On : 04 Feb 2022 | 2:37 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 companies add most jobs in seven months amid record openings: ADP data

The larger-than-expected payrolls gain could indicate that employers had more success hiring in December as higher wages and attractive working terms lured people off the sidelines

US companies add most jobs in seven months amid record openings: ADP data
Updated On : 05 Jan 2022 | 8:34 PM IST

Dollar hits more-than 1-year high after US jobs data; sterling tumbles

Nonfarm payrolls increased by 531,000 jobs last month as the surge in COVID-19 infections over the summer subsided

Dollar hits more-than 1-year high after US jobs data; sterling tumbles
Updated On : 05 Nov 2021 | 7:52 PM IST

China shares slip after Party's party, others firm ahead of US jobs data

Chinese shares dropped on Friday, a day after China's Communist Party celebrated its centenary, while other regional markets held firm following Wall Street's ascent to record highs

China shares slip after Party's party, others firm ahead of US jobs data
Updated On : 02 Jul 2021 | 10:12 AM IST

Asian stocks fall for second day as investors look ahead to US jobs data

Asian stock markets declined for a second day Tuesday as investors looked ahead to US employment data for indications of possible inflation pressures. Market benchmarks in Shanghai, Tokyo and Hong Kong retreated. Overnight, Wall Street's benchmark S&P 500 index rose 0.2% to a record as gains for Facebook, Nvidia and other tech stocks offset losses for other industries. Investors are swinging between optimism about a global economic recovery underpinned by coronavirus vaccinations and worry that central banks might feel pressure to withdraw stimulus to cool rising inflation pressures. Traders are watching US jobs data due out Friday for signs of whether the labor market will start to show initial signs of heating, Anderson Alves of ActivTrades said in a report. The Federal Reserve says it believes a rise in prices of oil and other commodities is temporary, but wage increases can be more lasting. Also Tuesday, the World Bank raised its forecast of China's economic growth this year

Asian stocks fall for second day as investors look ahead to US jobs data
Updated On : 29 Jun 2021 | 4:56 PM IST

Joe Biden taking $973 bn bipartisan infrastructure deal on the road

US President will look to sell voters on the economic benefits of the $973 billion infrastructure package while in Wisconsin on Tuesday, hoping to boost the bipartisan agreement

Joe Biden taking $973 bn bipartisan infrastructure deal on the road
Updated On : 29 Jun 2021 | 6:57 AM IST

US employers post a record 9.3 million job openings in April

US employers posted a record 9.3 million job openings in April with the US economy reopening at break-neck speed.

US employers post a record 9.3 million job openings in April
Updated On : 08 Jun 2021 | 9:33 PM IST

Federal Reserve officials signal open to taper talk at 'upcoming meetings'

US Treasuries declined on heavy futures volumes after the minutes were published

Federal Reserve officials signal open to taper talk at 'upcoming meetings'
Updated On : 21 May 2021 | 12:10 AM IST

Unemployment is falling in rich countries, but not every job is coming back

The pandemic has pushed out older employees and is deepening inequality as lower income workers feel the brunt of the crisis

Unemployment is falling in rich countries, but not every job is coming back
Updated On : 02 May 2021 | 9:53 AM IST

US jobless claims jump to 744,000 as Covid-19 still forces layoffs

Initial claims in regular state programs increased by 16,000 to 744,000 in the week ended April 3, Labor Department data showed Thursday. Economists in a Bloomberg survey estimated 680,000 claims

US jobless claims jump to 744,000 as Covid-19 still forces layoffs
Updated On : 08 Apr 2021 | 7:35 PM IST

US job openings jump to two-year high in boost to labour market

WASHINGTON (Reuters) - U.S. job openings rose to a two-year high in February while hiring picked up as strengthening domestic demand amid increased COVID-19 vaccinations and additional pandemic aid from the government boost companies' needs for more workers.

US job openings jump to two-year high in boost to labour market
Updated On : 07 Apr 2021 | 3:07 AM IST

S&P 500, Dow at all-time highs after strong jobs data; Nasdaq rises 110 pts

Ten of the 11 major S&P sectors rose, with consumer discretionary, industrials, financials and communication services leading gains

S&P 500, Dow at all-time highs after strong jobs data; Nasdaq rises 110 pts
Updated On : 05 Apr 2021 | 7:43 PM IST

Job growth in US topped 900,000 in March as hiring broadened

The payroll figures showed broad-based gains across industries, led by a 280,000 surge in leisure and hospitality

Job growth in US topped 900,000 in March as hiring broadened
Updated On : 02 Apr 2021 | 10:01 PM IST

Amazon uses loopholes to not pay a penny in tax: US President Joe Biden

Unveils $2-trn plan aimed at modernising America's crumbling transport network, creating millions of jobs

Amazon uses loopholes to not pay a penny in tax: US President Joe Biden
Updated On : 02 Apr 2021 | 1:24 AM IST

US jobless claims rise to 719,000 as coronavirus still forces layoffs

The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signalling that many employers are still cutting jobs even as more businesses reopen

US jobless claims rise to 719,000 as coronavirus still forces layoffs
Updated On : 01 Apr 2021 | 7:32 PM IST