• November Jobs Report

    11 days ago - By Crossing Wall Street

    The U.S. economy created 155,000 net new jobs last month. The unemployment rate stayed at 3.7%. Looking at the decimals, the unemployment rate was 3.671%. That's the lowest since December 1969.
    Average hourly earnings, a closely watched sign of whether inflation pressures are building, again rose at a 3.1 percent pace from a year ago. The monthly earnings gain of 0.2 percent fell short of estimates for a 0.3 percent increase. The average work week edged lower by 0.1 hours to 34.4 hours.
    Stock futures turned positive following the weak report as traders bet it may mean the Federal Reserve...
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  • For the stock market, jobs report reaction shows bad news is good news now

    For the stock market, jobs report reaction shows bad news is good news now

    11 days ago - By CNBC

    The government's nonfarm payrolls report showed growth of 155,000. Though that's still a pretty healthy level of gains this late into an expansion, it could be enough to make the Fed hesitate about its plans to keep raising interest rates.
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  • U.S. November Unemployment Rate Unchanged At 3.7%

    U.S. November Unemployment Rate Unchanged At 3.7%

    11 days ago - By Hotel News Resource

    Total nonfarm payroll employment increased by 155,000 in November, and the unemployment rate remained unchanged at 3.7 percent. Job gains occurred in health care, in manufacturing, and in transportation and warehousing.
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  • Stocks reverse overnight losses after the disappointing jobs report bolsters expectations for a less aggressive Fed

    Stocks reverse overnight losses after the disappointing jobs report bolsters expectations for a less aggressive Fed

    11 days ago - By Business Insider

    Stocks opened mostly higher Friday after the US jobs report showed a slowdown in hiring.
    On Tuesday, Wall Street suffered its worst day since October.
    Watch the major US indexes trade in real time here.
    Stocks were mostly higher Friday after the Labor Department said the US added fewer jobs than expected last month, renewing expectations for the Federal Reserve to pursue a slower rate path.
    The Dow Jones Industrial Average climbed 0.3%, or about 70 points. The Nasdaq Composite fell 0.15%, and the S&P 500 rose 0.2%.
    The US economy added 155,000 jobs in November , well below expectations of...
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  • Job growth falls short of expectations in November: 155,000 payrolls created vs 198,000 estimate

    11 days ago - By CNBC

    Nonfarm payrolls increased by 155,000 in November. Economists surveyed by Dow Jones had been expecting payroll growth of 198,000.
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  • Comments on November Employment Report

    Comments on November Employment Report

    11 days ago - By Calculated Risk

    The headline jobs number at 155 thousand for November was below consensus expectations of 190 thousand, and the previous two months were revised down 12 thousand, combined. The unemployment rate was unchanged at 3.7%. Still this was a decent report.
    Earlier: November Employment Report: 155,000 Jobs Added, 3.7% Unemployment Rate
    In November, the year-over-year employment change was 2.443 million jobs. This is solid year-over-year growth.
    Seasonal Retail Hiring
    Typically retail companies start hiring for the holiday season in October, and really increase hiring in November. Here is a graph...
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  • US hiring slowed to 155,000 jobs in November, unemployment rate stayed at 3.7%

    11 days ago - By Chron

    WASHINGTON - US hiring slowed to 155,000 jobs in November, unemployment rate stayed at 3.7%.
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