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US job data News
US job data
Trump administration says pandemic aid saved 51 million jobs. Did it?
Wed, Jul 08, 2020
US President Donald Trump`s administration touted its $660 billion small business pandemic aid program this week as a "wild success," unveiling data that showed the initiative saved 51 million jobs.
US unemployment rate soars to post-World War Two record high: Fed Reserve
Sat, Jun 13, 2020
The US Federal Reserve said the COVID-19 pandemic has led to an alarming surge in job losses, "with the unemployment rate, which had been at a 50-year low, soaring to a post-World War II record high".
US unemployment rate drops in May as economy reopens
Sat, Jun 06, 2020
US unemployment rate dropped slightly in May as businesses have gradually reopened across the country, an encouraging sign for the COVID-19-battered labour market.
US weekly jobless claims at nine-month low; productivity rebounds
Fri, Feb 07, 2020
The number of Americans filing for unemployment benefits dropped to a nine-month low last week, suggesting a tightening labor market would continue keep the longest economic expansion in history on track
Gold rebounds as dollar dips ahead of US jobs data report
Fri, Mar 08, 2019
The dollar index was down 0.3 percent, having hit a near three-month peak in the previous session after the ECB postponed an interest rate hike until 2020, making gold cheaper for holders of other currencies.
US job growth jumps; unemployment rate rises to 4 percent
Fri, Feb 01, 2019
US job growth surged in January, with employers hiring the most workers in 11 months, pointing to underlying strength in the economy despite a darkening outlook that has left the Federal Reserve wary about more interest rate hikes this year.
US employment data: 312K new jobs added to American economy in Dec 2018
Fri, Jan 04, 2019
A year earlier, the jobless rate was 4.1 per cent and the number of unemployed persons was 6.6 million, as against 6.3 million in 2018. Attributing the job growth to Trump's policies, the Labour Secretary Alexander Acosta said the American economy surpassed 150 million jobs for the first time ever.
Gold hits five-month peak as dollar slips after US jobs data
Fri, Dec 07, 2018
Gold, which is considered a safe investment during times of financial, economic and geopolitical uncertainty, has recovered about 7 percent from 19-month lows hit in mid-August.
Gold slips as dollar gains after strong US jobs data
Fri, Sep 07, 2018
US job growth accelerated in August, with wages notching up their largest annual increase in nine years, strengthening views the economy was so far weathering the Trump administration`s escalating trade war with China.
U.S. job growth speeds up, unemployment rate falls
Fri, Nov 03, 2017
Nonfarm payrolls increased by 261,000 jobs last month as 106,000 leisure and hospitality workers returned to work, the Labor Department said in its closely watched employment report on Friday. That was the largest gain since July 2016 but below economists` expectations for an increase of 310,000 jobs.
Gold hits one-week low after U.S. economic data
Fri, Nov 03, 2017
The greenback gained on a strong reading of U.S. factory orders and the services sector, reversing earlier losses after an underwhelming October jobs report.
Wall Street sees two more Fed rate hikes in 2017, at least three in 2018
Thu, Mar 16, 2017
These so-called primary dealers, or banks that do business directly with the Fed, were divided, however, on when they expect the Fed to outline its plans for trimming back its $4.4 trillion bond portfolio.
US job creation surges in January
Sat, Feb 04, 2017
The new figures, which include the first 11 days of Donald Trump's presidency, largely confirm the health of the economy he inherited, which has seen a slow but steady recovery from the 2008 financial crisis.
Global markets brace for U.S. jobs data, seeking Fed clues
Fri, Sep 02, 2016
Economists polled by Reuters expect the U.S. economy to have added about 180,000 jobs in August, wages to nudge up and for the overall unemployment rate to dip to 4.8 percent.
Asian shares slip, crude steadies; US jobs data in focus
Thu, Sep 01, 2016
Employers are expected to have added 180,000 jobs in August, according to the median estimate of 89 economists polled by Reuters.
Asian shares near one-year high, dollar slips after weak US data
Wed, Aug 10, 2016
Oil prices slipped after a surprise US crude stockpile build rekindled worries about a persistent global petroleum glut.
Asian shares rise as investors hunt for yield on positive US data
Mon, Aug 08, 2016
In commodities, spot gold was up 0.05% to $1,335.80 an ounce, a low not seen since July 29.
Oil prices fall over 1% on surge in dollar
Fri, Aug 05, 2016
Oil prices fell 1 percent on Friday as the dollar surged on robust U.S. jobs data, reasserting its influence over commodities as two days of short-covering and bargain-hunting in crude fizzled, bringing attention back to oversupplies.
Asia shares gain, pound weakens on BoE rate cut
Fri, Aug 05, 2016
Japan`s Nikkei advanced 0.3%, on track for a loss of 1.6% for the week.
Federal Reserve Chair Janet Yellen says poor US jobs report 'concerning' and 'disappointing'
Tue, Jun 07, 2016
While the unemployment rate fell to 4.7%, the lowest since November 2007