US Jobs Report

Initial claims for state unemployment benefits rose 5,000 to a seasonally adjusted 219,000 for the week ended February 15, the Labor Department said

The dollar index, which measures the U.S. currency against the yen, sterling and other peers, rose to as high as 108.02. It was last up 0.102% at 107.77

Nonfarm payrolls increased by 143,000 jobs last month after rising by an upwardly revised 307,000 in December, the Labor Department's Bureau of Labor Statistics said

The unemployment rate is forecast at 4.1 per cent amid historically low layoffs, with wages rising solidly

Job openings, a measure of labor demand, decreased 556,000 to 7.6 million on the last day of December, the Labor Department's Bureau of Labor Statistics said

Initial claims for state unemployment benefits increased 6,000 to a seasonally adjusted 223,000 for the week ended Jan 18

Signs of a steadily cooling labor market could allow the Federal Reserve to keep interest rates unchanged in January against the backdrop of still high inflation

US job openings rose unexpectedly in November, showing companies are still looking for workers even as the labour market has cooled overall. Openings rose to 8.1 million in November from 7.8 million in October, the Labour Department reported Tuesday. They were down from 8.9 million a year earlier and a peak of 12.2 million in March 2022 as the economy was roaring back from COVID-19 lockdowns. But they still exceed pre-pandemic levels. Economists had expected job openings to fall slightly in November. Layoffs rose slightly in November, and the number of people quitting their jobs fell, suggesting that Americans are less confident in their ability to find better jobs elsewhere. The American labour market has cooled from the red hot hiring of 2021-2023. Employers added 1,80,000 jobs a month in 2024 through November, not bad but down from 2,51,000 in 2023; 3,77,000 in 2022, and a record 6,04,000 in 2021. When the Labour Department releases December hiring numbers on Friday, they're ..

Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 220,000 for the week ended Dec 14

Based on the November estimate, job growth would be trending around 145,000 over the past three months, which economists said was consistent

Initial claims for state unemployment benefits rose 9,000 to a seasonally adjusted 224,000 for the week ended Nov. 30

Ramaswamy didn't single out any contractors, and isn't clear yet how the efficiency drive will be structured

"We think the chances of a Dec. rate hike have somewhat increased after Gov. Ueda's press conference," Morgan Stanley MUFG economists Takeshi Yamaguchi and Masayuki Inui wrote in a report on Thursday

The yen has fallen more than 6 per cent in October and is on track for what would be its biggest monthly loss against the greenback since November 2016

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week. Jobless claims slid by 12,000, to 219,000, for the week of Sept 14, the Labour Department reported Thursday. That's fewer than economist expectations for 230,000 new filings. The four-week average of claims, which evens out some of weekly volatility, fell by 3,500 to 227,500. The total number of Americans collecting jobless benefits fell by 14,000 to about 1.83 million for the week of Sept. 7. That's the fewest since early June. Weekly filings for unemployment benefits are considered largely representative of layoffs.

Government data last week showed nonfarm payrolls increasing by less than expected in August but the unemployment rate falling to 4.2 per cent from 4.3 per cent in July

A step-down in hiring, which pushed the unemployment rate to a near three-year high of 4.3 per cent in July rattled investors and fanned concerns that a recession was stalking the economy

Job openings, a measure of labor demand, had fallen by 237,000 to 7.673 million on the last day of July, the lowest level since January 2021

The rally in IT stocks came on the heels of a major drop in US jobless claims, which fell to 233,000 for the week ending August 3-the largest decline in nearly a year.

US job growth slowed more than expected in July and unemployment increased to 4.3 per cent, pointing to raising fears of a possible recession