Tag Archives: unemployment

Federal Reserve Board of Governors member Christopher Waller said on Friday that the rapid improvement seen in the labour market and high inflation makes him favour faster taper and sooner rate increase. Inflationary pressures are becoming more extensive, and will last longer into 2022 than expected. Waller added that the …

Despite all the challenges ahead, Fed’s Evans said he remained optimistic for 2022. Chicago Fed President Charles Evans said on Thursday that he expects good momentum for the US economy to continue well into 2022.Evans expects the labour sector to continue to improve next year as more and more people …

New weekly jobless claims are slightly higher than expected but still representing a new pandemic-era low, with the weekly rate of those rendered newly out of work coming closer to pre-coronavirus levels. The Labor Department released its jobless claims report Thursday. The main figures from the report refer to initial …

Treasury yield on 10-year bonds slides below 1.5%, extending a remarkably volatile week. U.S. government bonds rallied after a better-than-expected jobs report Friday, sending the yield on the benchmark 10-year Treasury note below 1.5% for the first time in about a month.The yield on the 10-year note recently traded at …

Silver (XAG/USD) advances for the second successive session, up 1.08% trading at $24.02 during the New York session. On Friday, the U. S. Bureau of Labor Statistics revealed its Nonfarm Payrolls report for October, which reported the creation of 531000 new jobs added to the U. S. economy, higher than …

Inflation is still the one issue that irritates fiscal policymakers and the officials of the central banks across the Atlantic.On Thursday’s session, the U. S. dollar was the unchallenged winner. The USD was able to resume its advance and reached fresh weekly highs against high yielding rivals. On the other …

Americans welcome winter weather as temperatures drop, but the market is getting warmer and even hotter. The U. S. economy is boomed after the Delta wave had caused considerable recovery slowdown in August and September. October is witnessing progress on multiple fronts recording overall gains.Americans are spending more. Several signs …

Bank of England interest rate-setter Silvana Tenreyro said she needs more time to judge how the end of the government’s job-saving plan impacts the labour market, adding to signs that she sees no urgency to raise rates.Uncertainty over the effects of the unpaid leave plan should be resolved over the …

“All but met,” is the sentence Fed Chair Jerome Powell said about the plan to taper, but the weak NFP numbers may derail the bank from its plan to taper sooner. On Tuesday, three U.S. Federal Reserve policymakers said the economy had recovered enough to begin tapering, reinforcing expectations that …

The number of job openings on the last business day of August declined to 10.4, the U. S. Bureau of Labor Statistics announced in its latest Job Openings and Labor Turnover Summary (JOLTS) on Tuesday. This report doesn’t seem to be having a significant impact on the U. S. dollar’s …