Tag Archives: jobs

“I think it is plausible that we have a growth recession where it goes below longer-run average but doesn’t go negative,” Federal Reserve Governor Christopher Waller said on Thursday. Waller added that markets would also price a 100 basis points rate hike in July, Waller is also open to a …

A senior US Treasury official said on Tuesday that the global price of oil could rise 40 percent to about $140 a barrel if a proposed ceiling for the price of Russian crude is not imposed, along with sanctions waivers that allow shipments below that price. The official said US …

Nonfarm Payrolls in the US rose by 372,000 in June, the data published by the US Bureau of Labor Statistics revealed on Friday. This reading followed May’s increase of 384,000 (revised from 390,000) and came in better than the market expectation of 268,000. The Unemployment Rate remained unchanged at 3.6% …

US ISM Manufacturing PMI is expected to indicate slower growth in June. The inflation component is critical and low expectations may lead to an upside surprise. The US ISM Manufacturing Purchasing Managers’ Index (PMI) provides an understanding of the jobs-related data. PMI reading on Friday, July 1, is expected to …

On Tuesday, San Francisco Federal Reserve Bank President Mary Daly said she believes the US economy will slow to below 2% annual growth as the central bank hikes interest rates, but there will be enough momentum that it will not stop growing.“I do expect the unemployment rate to rise slightly, …

Job growth is predicted to be 300,000 up from 247,000 in April. ADP average for the fourth quarter in 2021 was 582,000, first was 530,000. NFP forecast for 320,000 in May, down from 428,000. Economists and observers see that market sensitivity to the labour market has retreated.Private payrolls from Automatic …

The US Dollar Index (DXY), which tracks the greenback vs. a basket of its main competitors, gives away part of the earlier spike above the 104.00 mark on Monday.Now, the index is gaining 0.21% at 103.87 and the breakout of 104.18 (2022 high May 9) would open the door to …

Canada will release April employment figures on Friday, May 6 at 12:30 GMT and as we get closer to the release time, here are forecasts from economists and researchers at five major banks regarding the upcoming employment data. CIBC “A continued strengthening of demand for consumer-facing services likely resulted in …

Private sector employment in the US rose by 247,000 in April, well below the expected gain of 395,000 jobs, according to US payroll company ADP’s latest estimate of national employment change released on Wednesday. That marked a sharp decline in the rate of job gains after 479,000 were added to the US …

Brussels agrees on more military aid for Ukraine, but no new sanctions. Activists have made a joint call for a European embargo on Russian oil, gas and coal, as thousands prepare for protests against continued hostilities around the world.On the other hand, Germany’s Olaf Scholz warns immediate Russian energy ban …