Tag: US unemployment

Thursday, July 30th 2015 - 09:04 UTC
Fed pleased with labor market gains but inflation remains 'soft' distant from 2% target

The United States Federal Reserve on Wednesday decided to leave its benchmark federal funds interest rate unchanged at between 0 percent and 0.25 percent, while it offered an optimistic assessment of the world's biggest economy and hinted that a rate hike remains on the short-term horizon.
Friday, July 24th 2015 - 11:02 UTC
US filings for unemployment benefits fall to its lowest since 1973

The number of US citizens filing new applications for unemployment benefits last week dropped to its lowest level in more than 41 and a half years (1973), suggesting the labor market maintained a sturdy pace of job growth in July.
Saturday, June 6th 2015 - 08:24 UTC
US unemployment in May ups to 5.5%, as more people look for jobs

The US economy added 280,000 jobs in May, the US Labor Department has said. The increase was more than analysts had expected and the biggest this year and was described as “encouraging”.
Saturday, October 4th 2014 - 10:06 UTC
US unemployment falls to 5.9%, the lowest since July 2008

The US unemployment rate dipped to 5.9% in September, a six-year low, official figure has shown. The rate fell from 6.1% in August and is the lowest recorded since July 2008. US Labor Department also said that employers added 248,000 jobs last month, and the job growth figures for August and July were revised upwards.
Friday, July 4th 2014 - 06:34 UTC
US unemployment down to 6.1% and the Dow Jones at 17.000 for first time

US economy added 288,000 jobs in June, latest figures from the Bureau of Labor Statistics have shown. The unemployment rate dropped to 6.1%, its lowest level since September 2008.
Saturday, March 8th 2014 - 06:37 UTC
US unemployment rises slightly in February despite a boost in new jobs

The US economy added 175,000 new jobs in February, but the unemployment rate rose slightly to 6.7%. The jobs figures, from the US Labor Department, were better than many had been expecting and marked a rebound from two weak months.
Saturday, February 8th 2014 - 08:36 UTC
Unemployment in the US falls to lowest level since October 2008, but it's not enough

The US economy added 113,000 jobs in January; the second month in a row the figure has been weaker than expected. Economists had predicted the US Labor Department would report an increase of about 180,000 new jobs. However, the unemployment rate fell to 6.8%, the lowest level since October 2008.
Friday, January 31st 2014 - 06:53 UTC
US economy advancing at steady pace fuelled by robust consumer spending

The U.S. economy advanced at a steady pace in the last months of 2013, growth that was fueled by robust consumer spending. The government's Commerce Department said Thursday the world's largest economy grew 3.2%t in the October-to-December period, following a 4.1% advance in the third quarter.
Saturday, December 7th 2013 - 06:43 UTC
US November data on jobs triggers optimism in world markets and strengthens the dollar

Global equity markets surged and the dollar rose against the Yen after stronger-than-expected US jobs data gave investors confidence the economy is strong enough to withstand an expected reduction in Federal Reserve stimulus.
Tuesday, October 22nd 2013 - 23:56 UTC
US jobs figure validate expectations that Fed stimulus will continue until 2014

US stocks climbed on Tuesday pushing the S&P 500 to a new intraday record, after weaker-than-expected job creation last month validated expectations the Federal Reserve will maintain its economic stimulus into next year.