Jobs Data

China’s yuan is expected to experience fluctuations due to Beijing’s economic stimulus and pressures from the United States as its presidential election approaches on Nov. 5, analysts indicated. What Happened: The yuan could appreciate against the U.S. dollar if Beijing implements...

Goldman Sachs has reduced the likelihood of a U.S. recession in the coming year to 15%. This revision follows a strong employment report for September. What Happened: The Labor Department’s figures showed that U.S. job growth reached its highest level in six months, with unemployment dropping...

Last week’s jobs report sent the stock market into one of the worst weeks for Wall Street since the start of the year. While hiring appears to be weakening, the trend is going in the opposite direction for executive-level positions. That's according to data shared by headhunting firm Korn...

Lower-than-expected private employment growth in August triggered positive reactions Thursday in interest rate-sensitive assets like gold and the Japanese yen, while pushing Treasury yields lower as traders bolster their bets on a 50-basis-point rate cut by the Federal Reserve this month. U.S....

The U.S. labor market’s seemingly gravity-defying growth has been tempered by revisions to employment gains from April 2023 to March 2024. The American economy has seen 818,000 nonfarm payrolls, previously reported in official government statistics, vanish into thin air. This downward...

An upcoming revision of official jobs data could affect the Fed's September decision on interest rates. New data to be released by the U.S. Bureau of Labor Statistics on Wednesday could have up to 1 million jobs disappearing from official payroll data, analysts say. The release will likely affect a...

The number of job openings held steady at 8.2 million on the last business day of June, surpassing the estimated 8 million and aligning with upwardly revised May 2024 figures. This data released Tuesday kicks off a week filled with significant labor market indicators. On Wednesday, ADP will...

On the day that the United States celebrated declaring independence from the British, the UK elected a new Labor government. Is this a coincidence – definitely yes! Bitcoin falls on temporary trading issues. Hodlers shrug and don’t panic. DKI approves and sides with the hodlers....

The pace of job creation in the U.S. private sector fell short of expectations in June, suggesting a slight easing in labor market conditions. Private employers in the U.S. added 150,000 jobs last month, a decrease from upwardly the revised 157,000 jobs in May and below the forecasted 161,000 jobs...

In April, the U.S. economy added 175,000 jobs, falling short of expectations and down from the 315,000 jobs added the previous month. Surprisingly, the unemployment rate inched up from 3.8% to 3.9%, although maintaining a level below 4% for the 27th consecutive month—a streak not seen since the...

The non-farm payrolls report released last week revealed a robust addition of 303,000 jobs to the U.S. economy in March. However, Ark Investment Management founder Cathie Wood expressed concerns regarding two labor market trends highlighted by economists. Low-Quality...

The Smart People Doing Smart Things Issue Ok – kind of a quirky title, but a lot of smart people were saying smart things in public this week. Peter Schiff made an excellent point in favor of property rights including for Bitcoin which he hates. Moody’s is late, but correct on a...

The July performance of the U.S. labor market has caught the attention of economists as they evaluate its implications for the Federal Reserve’s future actions. Non-farm payrolls showed a gain of 187,000 jobs in July, falling short of the expected 200,000, while June’s figure was...

The July labor market report takes center stage this week. Investors and markets brace for significant economic releases that will influence future Federal Reserve rate decisions. Tuesday provided a glimpse at a decrease in the number of job vacancies throughout June. Wednesday’s ADP...

With Friday on the horizon, investors are eagerly anticipating the Bureau of Labor Statistics’ job market report for June. This report will reveal crucial data points, including the non-farm payrolls (NFPs), hourly wage growth, and the unemployment rate, providing a key snapshot of the...