The U.S. Bureau of Labor Statistics is expected to release its April employment data soon, including the unemployment rate and average hourly earnings. The unemployment rate, a crucial […]
US Jobless Claims Surge to 241,000, Highest Level Since 2021
The US saw a significant increase in initial jobless claims last week, reaching 241,000. This figure marks the highest insured unemployment level since November 2021 and exceeds market […]
ADP Employment Report: Smallest Gain in Years Signals Labor Market Slowdown
The ADP April employment report revealed a significant slowdown, with job growth limited to just 62,000 new hires – the smallest gain since July 2024. This indicates a […]
U.S. Labor Market Shows Signs of Slowdown, Potentially Impacting Monetary Policy
Recent data suggests a cooling trend in the U.S. job market. Job openings saw significant decline in March, dropping 288,000 and reaching 7.192 million, falling short of forecasts […]
U.S. Unemployment Claims Hit New Historic Low
New data reveals a historic low in U.S. initial unemployment claims. According to PANews, the number of individuals filing for unemployment benefits for the week ending April 12, […]
U.S. Jobless Claims Signal Robust Labor Market Strength
The U.S. labor market continues to show strength, as initial jobless claims dropped below expectations last week. With just 215,000 people filing for unemployment benefits in the week […]
Powell Highlights Strong Labor Market Amidst Inflation Concerns
Federal Reserve Chair Jerome Powell’s latest remarks emphasize a strong and balanced labor market that does not currently pose inflationary pressure. According to Odaily, Chair Powell affirmed the […]
U.S. Jobless Claims: Weekly Total at 223,000 in Early April
The U.S. Labor Department reported that initial jobless claims reached 223,000 for the week ending April 5th. This figure aligns with analysts’ expectations and represents an increase from […]
U.S. Jobless Claims Drop Below Forecasts
Initial jobless claims in the U.S. fell below expectations last week. Official data from BlockBeats shows that the number of individuals filing for unemployment benefits reached 219,000 during […]