• November Employment Report: 155,000 Jobs Added, 3.7% Unemployment Rate

    7 days ago - By Calculated Risk

    From the BLS :
    Total nonfarm payroll employment increased by 155,000 in November, and the unemployment rate remained unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, and in transportation and warehousing.
    ...
    The change in total nonfarm payroll employment for October was revised down from +250,000 to +237,000, and the change for September was revised up from +118,000 to +119,000. With these revisions, employment gains in September and October combined were 12,000 less than previously reported.
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    7 days ago - By Chron

    AP/Juan Karita
    Here is what you need to know.
    Here comes the jobs report. The US economy is expected to have added 198,000 jobs in November, with the unemployment rate holding at 3.7%, according to economists surveyed by Bloomberg.
    The Fed could tweak its approach to future rate hikes. Federal Reserve officials are considering a "wait-and-see approach" to future interest-rate hikes as they want to assess the strength of the US economy, according to The Wall Street Journal's Nick Timiraos.
    Bitcoin hits a fresh 15-month low. The largest cryptocurrency by market cap fell as much as 8.26% to...
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  • Here comes the jobs report

    Here comes the jobs report

    7 days ago - By Business Insider

    The Bureau of Labor Statistics will release the November jobs report at 8:30 a.m. ET.
    Economists forecast that employers added 198,000 nonfarm payrolls last month, down from the blockbuster 250,000 print that was recorded in October , according to estimates compiled by Bloomberg.
    They forecast that the unemployment rate held at 3.7%, a 49-year low, for a third straight month.
    With the rate this low, several other economic indicators have shown that wages are finally rising as employers struggle to fill vacant positions. The sluggish pace of wage growth has dogged this economic recovery and...
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