Page 2 - Us Jobs Report

Dollar hits two-month high as traders regain bets for aggressive rate cuts

The Fed repricing has followed Friday's blockbuster U.S. jobs report that far exceeded market expectations and sent U.S. bond yields soaring, boosting the country's currency

Oil prices fall as US jobs data dents hope for near-term rate cuts

High interest rates, which tend to dampen economic growth and oil demand, in major economies like the United States and the euro zone appear to be here to stay in the near term

US jobs numbers to show payrolls increase by 170k, eases pay growth

The median forecast in a Bloomberg survey of economists also calls for a 3.9% increase in average hourly earnings from a year earlier, the smallest annual gain since mid-2021

US job growth accelerates in November, unemployment rate drops to 3.7%

Nonfarm payrolls increased by 199,000 jobs last month, the Labor Department's Bureau of Labor Statistics (BLS) said in its closely watched employment report on Friday

Gold prices slide 1% as strong US jobs data clouds interest rate cut bets

The dollar index firmed 0.2 per cent, making bullion more expensive for overseas buyers

US services sector gauge picks up in Nov on improved business activity

The business activity index, which parallels ISM's factory output gauge, climbed in November after posting the biggest drop this year in the prior month

US weekly jobless claims at 8 month low, unemployment numbers falling

Demand for labor is slowing, overall labor market conditions have remained tight despite higher interest rates

US job openings decline to 8.83 mn in July, lowest since early 2021

US job openings fell in July by more than expected to a more than two-year low, offering fresh evidence that labor demand is cooling

US job openings dip to 9.8 million, showing resilience in labour market

US job openings slipped in May but remained at levels high enough to illustrate that the American labour market remains resilient in the face of sharply higher interest rates. Employers posted 9.8 million job vacancies, down from 10.3 million in April, the Labour Department said on Thursday. But layoffs fell slightly, and more Americans quit their jobs a sign they were confident they could find better pay or working conditions elsewhere. Monthly job openings remain high by historic standards they had never hit 8 million before 2021 despite the Federal Reserve's aggressive campaign to cool the American labour market and slow the economy to combat inflation that last year hit four-decade highs. The Fed has hiked its benchmark short-term interest rate 10 times since March 2022. The higher borrowing costs have had an impact: Economic growth has slowed, and monthly job openings are down from their March 2022 peak of 12 million, highest on record. Inflation is down, too: Consumer pr

US job growth beats expectations in February; wages rise moderately

Economists polled by Reuters had forecast job growth of 205,000

Inflation going in right direction, Joe Biden says after jobs data

The US added 311,000 jobs in February, beating estimates, but the unemployment rate also rose to 3.6% while monthly wages rose at the slowest pace in a year

Dollar on the front foot after robust jobs data, yen falters to 3-week low

The yen weakened to a three-week low of 132.60 per dollar after the report, and was last fetching 132.35, down 0.88%

Dollar dips after US jobs report, wage growth below expectations

The euro was little changed on the day at $1.0521, and the dollar was up 0.25% against the Japanese yen at 133.70

Global stocks turn higher, treasury yields fall after mixed US jobs report

The MSCI World equity index rose by 0.3%, putting it on the cusp of its first weekly gain in more than a month

Dollar holds near an almost one-month high on resilient US jobs market

The index was on track for a weekly gain of more than 1.8%, its largest since September

Dollar jumps on strong US employment data; yen rebounds dramatically

The dollar was last up 0.65% against the euro at $1.0536, and up 0.91% against the Japanese yen at 133.81

Gold slips from near 7-month peak as caution sets in before US jobs data

Market focus now turns to the ADP National Employment Report due at 1315 GMT, followed by the U.S. Labor Department's nonfarm payrolls (NFP) data on Friday

Sensex, Nifty snap eight-day winning streak ahead of US jobs data

Both shed 0.6% but end in green for second straight week; Broader markets play catch-up

Dollar takes breather on China reopening hopes, US jobs data in focus

In contrast, Friday data showed euro zone business activity contracted last month at the fastest pace since late 2020

Peloton planning to cut additional 500 jobs to reverse losses: Report

To cut costs, the company cut hundreds of jobs, shuttered stores and outsourced delivery to third parties this year