The weakness is probably not a true reflection of the labor market’s health, with recent government data showing layoffs remaining at low levels late last month.
Read More US private payrolls decline in November as small businesses shed jobsTag: FWDBONDS
Sharp downgrades to US unit labor costs bode well for inflation outlook
U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a still favorable inflation outlook even though price increases have not moderated much.
Read More Sharp downgrades to US unit labor costs bode well for inflation outlookMotor vehicles, electronic goods lift US retail sales in October
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
Read More Motor vehicles, electronic goods lift US retail sales in OctoberUS labor market remains stable; weather, strike distortions loom
October 3, 2024 – 6:48 AM PDT WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally…
Read More US labor market remains stable; weather, strike distortions loomUS 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 monthsUnemployment Claims Increase To Highest Level Since September 2023
A new report has revealed that the number of jobless claims has reached the highest in 10 months.
Read More Unemployment Claims Increase To Highest Level Since September 2023
