-
Economists Reassess Fed's Next Moves After September's Stunning Job Numbers
Friday, October 6, 2023 - 12:03pm | 818The Bureau of Labor Statistics on Friday released a September jobs report that sharply exceeded expectations of the pace of employment growth, shaking up financial markets and prompting economists to reevaluate their interest rate outlook. Non-farm payrolls surged to 336,000, nearly double the...
-
August Job Creation Tops Forecasts, But Unemployment Ticks Higher, Wage Growth Slows
Friday, September 1, 2023 - 8:36am | 586The August jobs report released by the Bureau of Labor Statistics on Friday indicated a mixed picture for the U.S. labor market, as job creation exceeded expectations, but simultaneously, the unemployment rate inched upward and wage growth moderated more than expected. Non-Farm Payrolls Exceed...
-
August Jobs Report Set To Move Markets: A Turning Point For Fed Policy?
Thursday, August 31, 2023 - 12:35pm | 603After a week packed with economic updates, the most eagerly awaited report is slated for release this Friday at 8:30 a.m. ET. We’re talking about the Bureau of Labor Statistics’ August jobs report, which measures monthly changes in employment growth, unemployment rate, and pay dynamics...
-
5 Experts On June Jobs Surprise: Data 'All But Ensures' Fed Rate Hike, Says 1 Economist
Friday, July 7, 2023 - 10:03am | 752The latest data on nonfarm payrolls (NFPs) in June delivered a surprise Friday as the figure came in at 209,000, missing economist expectations of 225,000 jobs. This marks the lowest print since December 2020 and a notable decline from May’s revised figure of 306,000, signaling a softening of...
-
June Jobs Report Preview: Strong Employment Momentum Hints At Upside Surprise In Nonfarm Payrolls Data
Thursday, July 6, 2023 - 3:35pm | 733With 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...
-
May Jobs Data Preview: Could Another Hot Jobs Report Influence Fed's Next Actions?
Thursday, June 1, 2023 - 5:08pm | 711The Bureau of Labor Statistics' much anticipated U.S. labor market report is due to be issued on Friday, attracting major interest from investors who are keenly tracking nonfarm payrolls (NFPs), the unemployment rate and average hourly earnings numbers. These data points are very important...