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The stock market was poised to end the holiday-shortened week at record levels after the June payrolls report showed a surprising amount of resilience in the labor market. The S&P 500 was up 0.4%. The ...
The public sector added 73,000 jobs in June, a surprising gain driven by state and local government hiring. State government payrolls rose by 47,000 last month, driven largely by hiring in education.
The sectors driving June’s stronger job growth were fairly limited, with the healthcare industry once again leading the pack. Healthcare added 39,000 jobs in June, which is on par with the average ...
The U.S. dollar index, which measures the value of the dollar against a basket of foreign currencies, rose sharply in response to stronger-than-expected labor market data this morning. It moved as ...
After hitting a peak in early June, initial jobless claims have been sliding in recent weeks, and that continued to be the case at the end of last month. About 233,000 new unemployment insurance ...
Most of the updates to monthly jobs growth have been in the form of downward revisions so far this year, but the BLS added a combined 16,000 payrolls to its April and May estimates. May’s payroll ...
Traders are fleeing any remaining bets on the Federal Reserve cutting interest rates on July 30. Odds of a July rate cut sank to 4.7% on Thursday after the June jobs report came in stronger than ...
The number of Americans who newly filed for unemployment benefits fell last week, the Labor Department said Thursday, a welcome sign of strength in June's labor market as job growth exceeded ...
Treasury yields rose sharply in response to Thursday's labor market data, suggesting that traders see less reasons for the Federal Reserve to cut rates in July. The 2-year Treasury yield, which is ...
Stock futures rallied on Thursday after the June jobs report came in stronger than expected. The Labor Department said the U.S. economy added 147,000 jobs in June, which was well above expectations at ...
U.S. hiring proved more resilient than expected in June, alleviating some fears that the labor market’s steady cooling had shifted into an all-out slump. Employers added 147,000 jobs to nonfarm ...
Americans’ trouble finding jobs seemingly eased in June. The U.S. unemployment rate shifted lower to 4.1% in June, according to the BLS. That’s in contrast to economists’ expectations for a rise to 4.
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