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Tag: Bureau of Labor Statistics

FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

Wall St edges higher after inflation data keeps Fed rate-cut hopes intact

Wall Street’s main indexes inched higher on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to deliver another interest rate cut in December.

Read More Wall St edges higher after inflation data keeps Fed rate-cut hopes intact
LOS ANGELES, CALIFORNIA - JUNE 02: A 'Now Hiring' sign is displayed outside a resale clothing shop on June 2, 2023 in Los Angeles, California. Today’s U.S. labor report shows that employers added 339,000 jobs in May with sectors including construction, healthcare, business services and transportation adding jobs with wages showing 4.3 percent growth over the same period last year. (Photo by Mario Tama/Getty Images)

Report: U.S. Economy Adds Only 12K Jobs In October, Falling Well Short Of Expectations

The latest jobs report shows that  job growth slowed in the month of October, coming in under economists’ expectations, while the unemployment rate was unchanged. 

Read More Report: U.S. Economy Adds Only 12K Jobs In October, Falling Well Short Of Expectations
People line up outside Kentucky Career Center prior to its opening to find assistance with their unemployment claims in Frankfort, Kentucky, U.S. June 18, 2020. REUTERS/Bryan Woolston/File Photo

US job openings drop to more than 3-1/2 year low in September

U.S. job openings fell to the lowest level in more than 3-1/2 years in September, pointing to a considerable easing in labor market conditions.

Read More US job openings drop to more than 3-1/2 year low in September
A ship stacked with shipping containers is unloaded on a pier at Port Newark, New Jersey, U.S., November 19, 2021. REUTERS/Mike Segar/File Photo

US import prices post largest drop in eight months

Import prices dropped by the most in eight months in August, suggesting that domestic inflation will continue to subside in the months ahead.

Read More US import prices post largest drop in eight months
SAN RAFAEL, CALIFORNIA - MARCH 08: Home Depot customers walk by a posted now hiring sign on March 08, 2024 in San Rafael, California. According to a report from the Bureau of Labor Statistics, the U.S. labor market added 275,000 nonfarm payroll jobs in February, beating analyst expectations of 200,000. The unemployment rate inched up to 3.9% from 3.7% in January. (Photo by Justin Sullivan/Getty Images)

Report: 818K Less Jobs Were Created By Biden Admin., Calling For Concerns About The Economy

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.

Read More Report: 818K Less Jobs Were Created By Biden Admin., Calling For Concerns About The Economy
AUSTIN, TEXAS - AUGUST 03: People pump gas at a Shell gas station on August 03, 2023 in Austin, Texas. Gas stations around the country have boosted prices by an average of 26 cents a gallon over the past month as irregular temperatures have made fuel-making more challenging due to the slowing of cooling processes needed to refine crude oil. (Photo by Brandon Bell/Getty Images)

U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates

U.S. inflation rose 2.9% in July last month, versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month. 

Read More U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates

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