The Federal Reserve banks of Dallas and Boston have announced that their presidents, Robert Kaplan and Eric Rosengren consider resignation following reports of their investment trading activity, which spurred calls for the Fed to review its ethics rules.Kaplan acknowledged in a statement his stock trading distracted from the central bank’s …
Read More »US Private Sector Employment rises by 374K in August
Employment in the US’ private sector increased by 374,000 in August, the monthly data published by the Automatic Data Processing (ADP) Research Institute revealed on Wednesday. This reading followed July’s increase of 326,000 (revised from 330,000) and missed the market expectation of 613,000 by a wide margin.
Read More »US: Strong Job Growth in July, US Dollar Stronger
US job growth rose strongly in July amid demand for workers in the labor-intensive service sector, indicating that the economy maintained its strong momentum at the start of the second half, according to a US Bureau of Labor Statistics report released on Friday. The US Labor Department said in its …
Read More »US Private Sector Employment Rises by 330K in July
Employment in the US’ private sector increased by 330,000 in July, the monthly data published by the Automatic Data Processing (ADP) Research Institute revealed on Wednesday. This reading followed June’s increase of 680,000 and missed the market expectation of 695,000 by a wide margin.
Read More »US: Private Sector Employment Rises by 692K in June
Employment in the US’ private sector increased by 692,000 in June, the monthly data published by the Automatic Data Processing (ADP) Research Institute revealed on Wednesday. This reading followed May’s print of 886,000 (revised from 978,000) and surpassed the market expectation of 600,000.
Read More »US: Challenger Job Cuts Rise to 24,586 in May
Planned job cuts in the US-based employers rose to 24,586 in May from 22,913 in April, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday.
Read More »US Private Sector Employment Rises by 978K in May
Employment in the US’ private sector increased by 978,000 in May, the monthly data published by the Automatic Data Processing (ADP) Research Institute revealed on Thursday. This reading followed April’s print of 654,000 (revised from 742,000) and came in better than the market expectation of 650,000.
Read More »ADP Jobs Report Show Biggest Rise in Seven Months
Private payrolls in the United States increased in April, registering its largest rise in seven months, data showed on Wednesday. The ADP National Employment Report showed that private payrolls rose by 742,000 jobs last month, recording its biggest increase since September. Meanwhile, the March reading was revised upward to indicate …
Read More »US: Challenger Job Cuts Drop in March
Planned job cuts in the US-based employers dropped to 30,603 in March from 34,531 in February, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday. This reading represented an 86% decline from the 222,288 job cuts announced in the same month last year when businesses were …
Read More »US: Challenger Job Cuts Drop to 34,531 in February
Planned job cuts in the US-based employers dropped to 34,531 in February from 79,552 in January, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday.
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