Us Unemployment Rate
US adds 151,000 jobs in February, unemployment surges to reach 4.1%
US employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald threatens a trade war, purges the federal workforce and promises to deport millions of immigrants. The Labour Department reported Friday that hiring was up from a revised 125,000 in January. The unemployment rate rose slightly to 4.1 per cent. The job market has been remarkably resilient over the past year despite high interest rates. Despite rising concerns about the health of the economy, momentum remains positive,' Lydia Boussour, senior economist at the tax and consulting firm EY, wrote in a commentary. Billionaire Elon Musk's purge of federal workers was not expected to have much impact on the February jobs numbers. The Labour Department conducted its survey of employers too early in the month for the Department of Government Efficiency layoffs to show up. The American job market has remained remarkably resilient, but it has cooled from the red-hot hiring of 2021-2023. Employers ad
 "US adds 151,000 jobs in February, unemployment surges to reach 4.1%")
US weekly unemployment claims rise marginally to 219,000: Labour dept
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
 "US weekly unemployment claims rise marginally to 219,000: Labour dept")
US weekly unemployment claims increase marginally to 223,000: Labour dept
Initial claims for state unemployment benefits increased 6,000 to a seasonally adjusted 223,000 for the week ended Jan 18
US weekly jobless claims fall 1,000 to 219,000: Labour department
Initial claims for state unemployment benefits fell by 1,000 to a seasonally adjusted 219,000 for the week ended Dec. 21, the Labor Department said
US weekly unemployment claims unexpectedly fall 22,000 to 220,000
Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 220,000 for the week ended Dec 14
Hit by storms & labour union strikes, US payrolls increase by just 12,000
Nonfarm payrolls increased 12,000 last month, and hiring over the previous two months was weaker than previously thought, suggesting the underlying labor market continues to cool
 "Hit by storms & labour union strikes, US payrolls increase by just 12,000")
US weekly jobless claims drop by 15,000 to 227,000: Labour department
The labour department said that initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 227,000 for the week ended Oct.19
 "US weekly jobless claims drop by 15,000 to 227,000: Labour department")
US weekly unemployment claims unexpectedly fall 19,000 to 241,000
Initial claims for state unemployment benefits dropped 19,000 last week to a seasonally adjusted 241,000 for the week ended Oct. 12
 "US weekly unemployment claims unexpectedly fall 19,000 to 241,000")
Share Market Today: RBI MPC meet, Q2 earnings, Middle East war, Oil, FIIs
At 6:40 AM, GIFT Nifty futures were trading 89 points higher at 25,262 levels, suggesting a robust opening for the markets.
 "Share Market Today: RBI MPC meet, Q2 earnings, Middle East war, Oil, FIIs")
US job growth likely steady in Sept, unemployment rate expected at 4.2%
The labour market, however, is likely to experience some brief turbulence after Hurricane Helene devastation
Weekly unemployment claims fall unexpectedly to 227,000: US labour dept
Initial claims for state unemployment benefits dropped 7,000 to a seasonally adjusted 227,000 for the week ended Aug. 10, the Labour Department said
US jobs data fallout: Recession fears add to IT services sector concerns
Market sources and media reports concur that today's global sell-off may trigger an early rate cut by the US Federal Reserve
 "US jobs data fallout: Recession fears add to IT services sector concerns")
US unemployment rate hits 4.3% in July as job growth slows considerably
The employment report also showed increase in annual wages last month was smallest in more than three years, effectively sealing the case for the U.S. central bank to cut interest rates in September
 "US unemployment rate hits 4.3% in July as job growth slows considerably")
US job openings edge lower in June, labour resilience underpinning economy
Job openings have been steadily declining since hitting a record 12.182 mn in March 2022 as demand moderates in response to the Federal Reserve's aggressive interest rate hikes
 "US job openings edge lower in June, labour resilience underpinning economy")
US economic growth seen picking up in 2nd quarter, inflation subsiding
The economy, which continues to outperform its global peers despite hefty rate hikes from the Fed in 2022 and 2023, remains supported by a resilient labor market even as the unemployment rate has rise
 "US economic growth seen picking up in 2nd quarter, inflation subsiding")
Job growth moderates in June; unemployment rises to 4.1%: US Labor dept
Nonfarm payrolls increased by 206,000 jobs last month, the Labor Department's Bureau of Labor Statistics said in its closely watched employment report on Friday
 "Job growth moderates in June; unemployment rises to 4.1%: US Labor dept")
US job growth expected to slow down, unemployment rate to remain steady
Financial markets remain optimistic the Fed could start its easing cycle in September after aggressively tightening monetary policy in 2022 and 2023
US weekly unemployment claims rise, pointing to labour market slowdown
Initial claims for state unemployment benefits rose 4,000 to a seasonally adjusted 238,000 for the week ended June 29, the Labor Department said on Wednesday
 "US weekly unemployment claims rise, pointing to labour market slowdown")
US economic growth revised lower for Q1; weekly jobless claims edge up
The labor market is steadily rebalancing in the wake of 525 basis points worth of interest rate hikes from the Federal Reserve since March 2022 to slow demand in the overall economy
 "US economic growth revised lower for Q1; weekly jobless claims edge up")
US unemployment benefits claims fall as labour market continues to thrive
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low despite the Federal Reserve's efforts to loosen the labor market. Jobless claims for the week ending May 18 fell by 8,000 to 215,000, down from 223,000 the week before, the Labor Department reported Thursday. The four-week average of claims, which softens some of the week-to-week volatility, rose a modest 1,750 to 219,750. Weekly unemployment claims are considered a proxy for the number of U.S. layoffs in a given week and a sign of where the job market is headed. They have remained at historically low levels since millions of jobs were lost when the COVID-19 pandemic hit the U.S. in the spring of 2020. The Federal Reserve raised its benchmark borrowing rate 11 times beginning in March of 2022 in a bid to stifle the four-decade high inflation that took hold after the economy rebounded from the COVID-19 recession of 2020. The Fed's intention was to loosen the labor market an
 "US unemployment benefits claims fall as labour market continues to thrive")
