Tag Archives: labour market

The U.S. labor market experienced a significant slowdown in October, with nonfarm payrolls adding just 12,000 jobs, far below the expected 106,000. This steep drop comes after September’s revised 223,000 job increase, as the Labor Department indicated that severe hurricanes in the Southeast and strikes in manufacturing weighed heavily on …

In October, U.S. private payroll growth exceeded forecasts, adding 233,000 jobs, as reported by the ADP National Employment Report. This growth followed an upwardly revised increase of 159,000 in September, well above the 114,000 jobs economists had anticipated. The ADP report, created with Stanford’s Digital Economy Lab, precedes Friday’s comprehensive …

The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that the labor market remains resilient despite recent challenges. However, the broader employment picture remains unclear, with the ongoing effects of recent hurricanes and industrial strikes potentially distorting the data in the coming …

The European Central Bank is poised to make another interest rate cut this Thursday, just a few weeks after the last one. However, there are some compelling reasons why this move might be too risky.First, core inflation has been declining in part due to indirect effects of falling energy prices. …

The Dow Jones Industrial Average (DJIA) experienced a volatile session on Thursday, following the release of mixed economic data. The US Consumer Price Index (CPI) and Initial Jobless Claims reports presented a conflicting picture of the economy, leaving investors uncertain about the Federal Reserve’s (Fed) future monetary policy path.Inflationary Pressures …

The Federal Reserve, tasked with maintaining price stability and promoting economic growth, faces a delicate balancing act in its monetary policy decisions. The recent release of inflation data has once again highlighted the complexities of this task.Inflation, the sustained increase in the general price level of goods and services over …

The Federal Reserve (Fed) is set to release the minutes from its September 17-18 policy meeting on Wednesday at 18:00 GMT. The meeting marked a significant shift in monetary policy as the central bank cut interest rates by 50 basis points, the first reduction in over four years.While the market …

EUR/USD slides below 1.1000 after robust US labor market growth. The EUR/USD pair falls sharply below 1.1000 as US NFP surprisingly came in higher than estimates in September. The EUR/USD dips below the psychological support of 1.1000 in Friday’s New York session. The major currency weakens as upbeat United States …

Speaking to Chicago public radio station WBEZ, Chicago Federal Reserve Bank President Austan Goolsbee warned on Thursday that if the strike continues, supply-chain disruptions could exert upward pressure on prices and negatively impact the economy.Austan Goolsbee on Thursday said retailers and manufacturers had stockpiled about two weeks worth of items …

The number of Americans filing for first-time unemployment benefits increased more than expected last week, though the figure remains close to the lowest level in four months, signaling continued strength in the U.S. labor market. Initial jobless claims for the week ending Sept. 28 rose to 225,000, up from a …