Unemployment Claims Increase By 33,000 To 258,000: The Highest Level In Over A Year
The number of Americans filing for unemployment benefits just jumped to its highest level in over a year, a new report revealed on Thursday.
The number of Americans filing for unemployment benefits just jumped to its highest level in over a year, a new report revealed on Thursday.
U.S. consumer confidence unexpectedly fell in September amid mounting worries over the health of the labor market.
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December.
Wall Street had another big day with the Dow and S&P 500 hitting another intraday record high, just a day after the Federal Reserve cut interest rates by half-a-percentage point and forecasted that more cuts could be coming.
Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction.
U.S. job expansion over the 12 months ending in March was overestimated by a staggering 818,000 on Wednesday, which is a worrisome sign that the economy has continued to slow down.
A new survey has revealed that Americans searching for a new job has hit the highest rate in more than a decade.
The economy grew by 206,000 jobs in June, but unemployment was above 4% in the same month, according to the Labor Department said on Friday.
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
Today’s jobs report: 303,000 jobs added in March, unemployment down to 3.8%. However, decline in full-time jobs and rise in part-time positions noted.