The strong job numbers could lead the Fed to continue to raise interest rates. The US economy continued to churn out jobs
Tag: Unemployment
US Fed still up in the air on speeding up rate hikes: Powell | Business and Economy News
Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasised that debate
US labour market continues to be strong | Business and Economy News
Labour market resilience and stubbornly high inflation have increased the odds the US Federal Reserve will continue to raise interest rates. The
Zoom to layoff nearly 15% staff as pandemic wanes | Business and Economy News
Zoom, which became a household name during lockdowns with its video-conferencing tools, has seen growth slow down. Zoom Video Communications Inc has
US adds a surprisingly strong 517,000 jobs despite Fed hikes | Business and Economy News
Employers in the United States added 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive
US filings for jobless aid lowest since April | Business and Economy News
The robust data on the United States job market comes even as layoffs in the tech sector have surged. US applications for
US job openings increase to five-month high, manufacturing slumps | Business and Economy News
Gap between job openings and hiring suggests wage growth could remain high, an indicator that interest rates could rise. Job openings in
US economy posts strong growth in Q4 but underlying weakness | Business and Economy News
The US economy grew faster than expected in the fourth quarter, but that likely exaggerates the nation’s health as a measure of
US unemployment claims fall unexpectedly, housing remains tight | Business and Economy News
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to another month of solid job growth
US sees biggest drop in retail sales in 11 months | Business and Economy News
United States retail sales fell more than expected in November, but consumer spending remains supported by a tight labour market, with the
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