• U.S. job growth jumps; annual wage gain largest since 2009

    13 days ago - By Reuters

    U.S. job growth rebounded sharply in October and wages recorded their largest annual gain in 9-1/2 years, pointing to further labor market tightening that could encourage the Federal Reserve to raise interest rates again in December.
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  • Americans get biggest annual pay raise in 9 years

    13 days ago - By Reuters

    Americans have more money in their paychecks, according to the latest jobs data. Annual wage gains saw their biggest jump since April 2009. Hiring in October was also stronger than expected.
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  • US stocks edge higher after strong jobs report; Apple sinks

    13 days ago - By Chron

    NEW YORK - U.S. stocks are rising Friday after the federal government said employers added 250,000 jobs in September, far more than analysts expected. Hourly pay jumped 3.1 percent, the most since the beginning of 2009.
    Companies including Starbucks and Symantec are climbing after their third-quarter reports as the market continues to recover from its plunge in October, but Apple is sinking after its sales and forecasts fell well short of Wall Street's forecasts.
    KEEPING SCORE: The S&P 500 index gained 7 points, or 0.3 percent, to 2,748 as of 10 a.m. Eastern time. The Dow Jones Industrial...
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  • U.S. October Unemployment Rate Unchanged At 3.7%

    U.S. October Unemployment Rate Unchanged At 3.7%

    13 days ago - By Hotel News Resource

    Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7 percent. Job gains occurred in health care, in manufacturing, in construction, and in transportation and warehousing.
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  • Stocks mixed after jobs report shows wages are rising at the fastest pace in nearly a decade

    Stocks mixed after jobs report shows wages are rising at the fastest pace in nearly a decade

    13 days ago - By Business Insider

    Stocks climbed Friday for a fourth day on the back of trade optimism.
    The US added more jobs than expected in October, and wages rose at the fastest pace in nearly a decade.
    Follow the US indexes in real time here.
    Stocks were mixed Friday as the prospect of cooling trade tensions buoyed the mood on Wall Street, following the latest signs of a tightening labor market and expectations for rising rates.
    The Dow Jones Industrial Average rose 0.5%, or more than 100 points. The Nasdaq Composite fell 0.5%, and the S&P 500 climbed 0.3%. Analysts are cautiously optimistic after President Donald...
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  • US adds robust 250,000 jobs; pay growth fastest since 2009

    13 days ago - By Chron

    WASHINGTON - The final major economic report before Tuesday's congressional elections showed that U.S. employers added a stellar 250,000 jobs in October and raised average pay by the most in nearly a decade.
    At the same time, the unemployment rate remained at a five-decade low of 3.7 percent.
    Friday's employment report from the government pointed to a consistently robust job market that shows no sign of flagging even with the economy in its 10th year of expansion. Many employers have been struggling to find qualified applicants, which helps explain why average pay rose 3.1 percent over the...
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  • This was the perfect jobs report for Trump and the GOP

    This was the perfect jobs report for Trump and the GOP

    13 days ago - By Business Insider

    Friday's jobs report came in stronger than expected, with the best wage growth since 2009.
    Republicans are jumping all over the report, using it as proof the economy is humming ahead of Tuesday's midterm elections.
    Friday's jobs report just gave President Donald Trump and Republicans a little extra ammunition heading into the home stretch of the midterm election season.
    The report was strong across the board. The addition of 250,000 jobs in October, well above economists expectations of 200,000 jobs added, also came with the strongest wage growth since April 2009 with average hourly...
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  • Comments on October Employment Report

    Comments on October Employment Report

    13 days ago - By Calculated Risk

    The headline jobs number at 250,000 for October was above consensus expectations of 190 thousand (probably boosted by some bounce back from Hurricane Florence), and the previous two months were unrevised combined. The unemployment rate was unchanged at 3.7%. Overall this was a strong report.
    Earlier: October Employment Report: 250,000 Jobs Added, 3.7% Unemployment Rate
    In October, the year-over-year employment change was 2.516 million jobs. This is solid year-over-year growth.
    Average Hourly Earnings
    Wage growth was above expectations in October. From the BLS:
    "In October, average hourly...
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  • U.S. adds robust 250,000 jobs; pay growth fastest since 2009

    13 days ago - By Philly

    By some measures, consumers are the most confident they have been in 18 years, and their spending is propelling brisk economic growth.
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  • These 6 maps show how the American economy is doing right now

    These 6 maps show how the American economy is doing right now

    13 days ago - By Business Insider

    Business Insider recently ranked the economies of all 50 states and DC, based on six economic measures.
    Those measures are unemployment rate, job growth, GDP per capita, GDP growth, average wages, and wage growth.
    Below, get a picture of the American economy in maps.
    The US economy is a composite of the economies of the 50 states and DC that make up that economy.
    We recently ranked the economies of all 50 states and DC based on six economic measures: unemployment rate, job growth, GDP per capita, GDP growth, average wages, and wage growth. The full method and sources for our ranking can be...
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  • October Employment Report: 250,000 Jobs Added, 3.7% Unemployment Rate

    October Employment Report: 250,000 Jobs Added, 3.7% Unemployment Rate

    14 days ago - By Calculated Risk

    From the BLS :
    Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, in construction, and in transportation and warehousing.
    Hurricane Michael made landfall in the Florida Panhandle on October 10, 2018, during the reference periods for both the establishment and household surveys. Hurricane Michael had no discernible effect on the national employment and unemployment estimates for October, and response rates for the two...
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  • US employers added a robust 250,000 jobs in October and lifted wages at fastest pace since 2009

    14 days ago - By Chron

    WASHINGTON - US employers added a robust 250,000 jobs in October and lifted wages at fastest pace since 2009.
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  • Payrolls smash estimates with gain of 250,000, wage gains pass 3% for first time since recession

    14 days ago - By CNBC

    Job growth blew past expectations in October and year-over-year wage gains jumped past 3 percent for the first time since the Great Recession, the Labor Department says.
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  • Futures pare gains after strong jobs data

    14 days ago - By Reuters

    U.S. stock index futures dipped lower on Friday, after a Labor Department report showed U.S. job growth rebounded sharply in October and wages recorded their largest annual gain in nine-and-a-half years.
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  • US added 250,000 jobs, wage growth fastest since 2009

    14 days ago - By Chron

    WASHINGTON - U.S. employers added a stellar 250,000 jobs last month and boosted average pay by the most in nearly a decade in an effort to attract and keep workers.
    The Labor Department's monthly jobs report, the last major economic data before the Nov. 6 election, also shows the unemployment rate remained at a five-decade low of 3.7 percent.
    The influx of new job-seekers lifted the proportion of Americans with jobs to the highest level since January 2009.
    Consumers are the most confident they have been in 18 years and are spending freely and propelling brisk economic growth. The U.S.
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