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Economists Reassess Fed's Next Moves After September's Stunning Job Numbers
Friday, October 6, 2023 - 12:03pm | 818Read More...The 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...
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5 ETFs To Monitor When September Jobs Data Is Revealed On Friday
Thursday, October 5, 2023 - 6:02pm | 792Read More...The Bureau of Labor Statistics will release the highly-anticipated September jobs report on Friday at 8:30 a.m. ET. Among the data investors will scrutinize are the non-farm payrolls (NFPs), which serve as an indicator of the rate of new job creation during the month. This data point, along with...
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September Jobs Report Preview: Investors Brace For Key Data Ahead Of November Fed Meeting
Thursday, October 5, 2023 - 9:25am | 503Read More...All eyes are on the Bureau of Labor Statistics’ job market report for September, which will be released on Friday at 8:30 a.m. ET. This report will unveil the highly anticipated non-farm payrolls (NFPs) figure for last month, as well as updates on the unemployment rate and wage growth. It...
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August Job Creation Tops Forecasts, But Unemployment Ticks Higher, Wage Growth Slows
Friday, September 1, 2023 - 8:36am | 586Read More...The 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...
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August Jobs Report Set To Move Markets: A Turning Point For Fed Policy?
Thursday, August 31, 2023 - 12:35pm | 603Read More...After 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...
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8 Economic Indicators To Watch This Week For Clues On Fed's Next Move
Monday, August 28, 2023 - 3:06pm | 840Read More...If investors hoped that the recent Jackson Hole symposium would clarify the Fed’s direction on interest rates, it appears to have only added more ambiguity to the market. Fed Chair Jerome Powell‘s speech carried both hawkish and dovish undertones. He asserted the Fed’s...
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Labor Market's True Strength Under Microscope: Analyst Expects 500,000 Fewer Payrolls Wednesday
Tuesday, August 22, 2023 - 3:21pm | 488Read More...The Bureau of Labor Statistics is set to release the preliminary estimate of the upcoming annual benchmark revision to payroll data on Wednesday. The benchmark revision aligns jobs data with the precise Quarterly Census of Employment and Wages (QCEW), derived from state unemployment insurance...
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5 Top Economists React To July's Job Data: Insights On Labor Market Slowdown And Its Impact On Fed Policy
Friday, August 4, 2023 - 1:02pm | 734Read More...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...
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Investors Cheer Jobs Report: Why Are These 5 Stocks And 5 ETFs Shining On Friday?
Friday, August 4, 2023 - 11:06am | 748Read More...The July jobs report issued Friday delivered mixed takeaways for the market, although it confirmed an overall healthy U.S. labor market. On one hand, the pace of nonfarm payrolls growth fell short of forecasts in July, with 187,000 jobs gained compared to the expected 200,000. On the other hand,...
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Hot On The Market: 5 ETFs In The Spotlight As Key Jobs Data Unfolds This Week
Tuesday, August 1, 2023 - 4:27pm | 756Read More...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...
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June Jobs Report Preview: Strong Employment Momentum Hints At Upside Surprise In Nonfarm Payrolls Data
Thursday, July 6, 2023 - 3:35pm | 733Read More...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...
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ADP Job Growth Soars By 500K, Jobless Claims Tick Higher: Traders Raise Fed Hike Bets
Thursday, July 6, 2023 - 8:54am | 1043Read More...The U.S. job market has been tight for a very long time and continues to show no indications of cooling down. In June, U.S. private employers added 497,000 jobs, a sharp increase from the revised lower 267,000 jobs added in May and massively beating expectations of 228,000, according to the ADP...
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EUR/USD Recovers Amid U.S. Debt And Employment Shifts
Tuesday, June 6, 2023 - 11:15am | 453Read More...By RoboForex Analytical Department The most heavily traded currency pair, EUR/USD, experienced a rebound to 1.0720 following a significant downturn. The concerns about U.S. public debt subsided after the proposal to increase the debt limit was endorsed first by the House of Representatives,...
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Which Industries Are Hiring The Most/Least Right Now - What May Jobs Data Shows
Friday, June 2, 2023 - 11:10am | 508Read More...The latest U.S. labor market report showed a remarkable rise in non-farm payrolls in May, with a surprising gain of 339,000. This marks the strongest pace of employment growth since January 2023. This surprising jump also bucked projections of a decline in job growth to 180-190,000...
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US Labor Market On Fire: May Jobs Data Reveals Employment Boom, Steady Wage Growth, Putting The Fed On The Fence
Friday, June 2, 2023 - 8:48am | 588Read More...The U.S. labor market is hot and continues to show tight conditions, posing a difficult dilemma for the Federal Reserve regarding whether to raise interest rates further or hit the pause button. Nonfarm payrolls increased by 339,000 in May, far exceeding economists' expectations of 190,000 and...
















