By Xavier Fontdegloria The eurozone jobless rate was stable in November at its record low, highlighting resilience in the labor market despite slowing economic growth. The eurozone unemployment rate stood Read more
Tag: unemployment
U.S. jobless claims move higher in latest week
The numbers: Initial jobless claims rose by 9,000 to 225,000 in the week ended December 24 , the U.S. Labor Department said Thursday. Economists polled by The Wall Street Journal Read more
Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’
Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week. “It was just one data point,” Read more
Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’
Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week. “It was just one data point,” Read more
Fed’s Daly, despite ‘welcome’ CPI data, still wants to raise benchmark rate above 4.5%-4.75% range
The Federal Reserve should still raise its benchmark interest rate slightly above a 4.5%-4.75% rate despite the “welcome’ consumer price data released earlier Wednesday, said San Francisco Fed President Mary Read more
Is the job market still thriving? What unemployment numbers mean for you, and where the opportunities are.
This article is reprinted by permission from NerdWallet. A slight uptick in unemployment in October is the one blemish on an otherwise strong employment picture for workers, according to data Read more
Monthly U.S. job growth slows to 261,000 from 315,000; unemployment rate 3.7%
Monthly U.S. job growth slows to 261,000 from 315,000; unemployment rate 3.7%
The U.S. jobs market is too ‘strong,’ the Fed says. So expect rising unemployment.
The number of new jobs created in October could fall to a nearly two-year low, but it still won’t be slow enough for Federal Reserve Chairman Jerome Powell. “The labor Read more
‘From Bambi to Godzilla.’ Strategist David Rosenberg skewers the Federal Reserve as he sees a 30% hit to home prices and the S&P 500 returning to an early 2020 low
The last time David Rosenberg shared his outlook for the U.S. stock market and the economy with MarketWatch, in late May, it was depressing enough. Rosenberg is the widely followed Read more
Jobless claims rise to highest level since August
The numbers: Initial jobless claims rose 9,000 to 228,000 in the week ended October 8, the Labor Department said Thursday. Economists surveyed by the Wall Street Journal has forecast an Read more