• S&P, Nasdaq move higher on trade optimism, chip stocks boost

    2 monthes ago - By Reuters

    The S&P 500 and the Nasdaq rose on Friday morning, rebounding from losses after strong August jobs data, helped by optimism around the trade dispute with China and a rebound in chipmakers.
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  • Comments on August Employment Report

    Comments on August Employment Report

    2 monthes ago - By Calculated Risk

    The headline jobs number at 201,000 for August was slightly above consensus expectations of 195 thousand, however the previously two months were revised down by a combined 50 thousand. Overall this was a solid report.
    Earlier: August Employment Report: 201,000 Jobs Added, 3.9% Unemployment Rate
    In August, the year-over-year employment change was 2.330 million jobs. This is solid year-over-year growth.
    Average Hourly Earnings
    Wage growth was above expectations in August. From the BLS:
    "In August, average hourly earnings for all employees on private nonfarm payrolls rose by 10 cents to...
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  • U.S. wages growing at fastest rate in 9 years as unemployment stays at 3.9 percent

    2 monthes ago - By Washington Post

    The record-setting streak of job growth continued - 201,000 jobs added in August - for the 95th straight month. Wages grew at 2.9 percent in the past year, the best growth since 2009.
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  • Bigger Pay Looks Positive For Employees, But Might Raise Inflation Questions

    2 monthes ago - By Forbes

    The jobs report might send a mixed message. While the headline number of 201,000 was above expectations, earlier months got revised significantly lower. Also, wage growth of 2.9% was above what analysts expected and a sign of possible economic strength, but might raise inflation fears.
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  • US Hotel Occupancy Up 1.6 Percent to 67.0 Percent - Week Ending September 1st - 2018

    US Hotel Occupancy Up 1.6 Percent to 67.0 Percent - Week Ending September 1st - 2018

    2 monthes ago - By Hotel News Resource

    Average daily rate increases 3.0 Percent to US$125.16
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  • Economy adds more jobs than expected in August, and wage growth hits post-recession high

    2 monthes ago - By CNBC

    Average hourly earnings rose 2.9 percent in August as the economy added 201,000 jobs.
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  • August Employment Report: 201,000 Jobs Added, 3.9% Unemployment Rate

    August Employment Report: 201,000 Jobs Added, 3.9% Unemployment Rate

    2 monthes ago - By Calculated Risk

    From the BLS :
    Total nonfarm payroll employment increased by 201,000 in August, and the unemployment rate was unchanged at 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, wholesale trade, transportation and warehousing, and mining.
    ...
    The change in total nonfarm payroll employment for June was revised down from +248,000 to +208,000, and the change for July was revised down from +157,000 to +147,000. With these revisions, employment gains in June and July combined were 50,000 less than previously...
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    2 monthes ago - By Business Insider

    Here is what you need to know.
    Here comes the jobs report. The US economy is expected to have added 191,000 nonfarm jobs with the unemployment rate slipping to 3.8%, according to economists surveyed by Bloomberg.
    It looks as if Trump has found the next big target in his trade war: Japan. President Donald Trump is reportedly set to involve Japan in his trade disputes, saying he will make the world's third-largest economy "pay,” according to The Wall Street Journal.
    America's small businesses warn of widespread layoffs and shutdowns if Trump doesn't back down from a trade war with China...
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  • U.S. economy adds 201,000 jobs in August as strong hiring continues

    2 monthes ago - By Washington Post

    The record-setting streak of job growth continued in August as the U.S. economy added jobs for the 95th straight month.
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  • US adds a strong 201K jobs; unemployment stays at 3.9 pct

    2 monthes ago - By Chron

    WASHINGTON - Hiring picked up in August as U.S. employers added a strong 201,000 jobs, a sign of confidence that consumers and businesses will keep spending despite the Trump administration's conflicts with U.S. trading partners.
    The Labor Department said Friday that the unemployment rate remained 3.9 percent, near an 18-year low.
    Americans' paychecks grew at a faster pace in August. Average hourly wages rose last month and are now 2.9 percent higher than they were a year earlier, the fastest year-over-year gain in eight years. Still, after adjusting for inflation, pay has been flat for...
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  • August Jobs Report: Economy Adds 201,000 Jobs; 3.9 Percent Unemployment

    August Jobs Report: Economy Adds 201,000 Jobs; 3.9 Percent Unemployment

    2 monthes ago - By NPR

    Wage growth - and more specifically, the lack of vigorous pay raises - continued to be an issue, with average hourly earnings nudging slightly upwards to 2.9 percent. (Image credit: Daniel Acker/Bloomberg via Getty Images)
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  • US employers added a strong 201,000 jobs in August; unemployment rate stays 3.9 percent

    2 monthes ago - By Chron

    WASHINGTON - US employers added a strong 201,000 jobs in August; unemployment rate stays 3.9 percent.
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