Futures Rebound Ahead Of Jobless Claims
Dow Jones futures and those of other major indexes shook off Federal Reserve-fueled losses Thursday as investors digested a surprise jump in unemployment figures. That came as investors prepared for Magnificent Seven stocks Amazon (AMZN) and Apple (AAPL) to report earnings after the market close.…#federalreserve #amazon #apple #nasdaq100 #invescoqqqtrust #qqq #spdr #spy #treasury #labordepartment (Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
Jobless claims climb to nearly 3-month high of 224,000, Layoffs creeping higher?
The numbers: The number of Americans who applied for unemployment benefits at the end of January rose to a nearly three-month high of 224,000, possibly a sign of some softening in what’s been an incredibly strong labor market. Initial jobless claims increased by 9,000 in the seven days ended Jan.…#oregon #federalreserve (Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
Jobless Claims Mark Another Uptick. What It Means
Claims for unemployment increased for the second consecutive time despite a restrictive policy stance. Initial claims increased to 224,000 for the week ending January 27. It’s the highest level in nearly three months, above economists' consensus of 214,000, and marks the second successive…#federalreservebank #stlouis #federalreserves #jobopenings #laborturnoversurvey #jolts (Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
U.S. worker productivity strong in fourth quarter; weekly unemployment claims rise
U.S. worker productivity grew faster than expected in the fourth quarter, keeping unit labour costs contained and giving the Federal Reserve another boost in the fight against inflation. Nonfarm productivity, which measures hourly output per worker, increased at a 3.2 per cent annualized rate last…#federalreserve #nonfarm #jeromepowell #labordepartment #unitedparcelservice (Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
BoE Gov. Bailey: I see unemployment rising to 5%, above the natural rate
(Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
BoE : The medium term equilibrium level of unemployment is around 4.5%, long-term rate remains just above 4%
(Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
BoE: Medium term equilibrium level of unemployment is around 4.5%, long-term rate remains just above 4%
(Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
Federal Reserve issues FOMC statement
Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have moderated since early last year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. The Committee seeks to achieve maximum…#treasury #jeromehpowell #johncwilliams #thomasibarkin #michaelsbarr #raphaelwbostic #michellewbowman #lisadcook #marycdaly #philipnjefferson (Source: Reuters: Health)
Source: Reuters: Health - January 31, 2024 Category: Consumer Health News Source Type: news
Powell Says Economy Is a'Pretty Good Picture '
The U.S. economy has been solid over the past year. Economic activity was robust, unemployment remained under 4%, and inflation trended down. Federal Reserve Chair Jerome Powell said Wednesday that the expectation is there's more disinflation to come. “This is a good situation. Let's be honest,…#federalreservechair #jeromepowell (Source: Reuters: Health)
Source: Reuters: Health - January 31, 2024 Category: Consumer Health News Source Type: news
Soft-landing bets fuel Canadian bank stocks despite real estate worries
Canada’s economy is stalling, the unemployment rate is rising and housing costs are crushing some households. The country’s banks are exposed to all of that, yet their shares are surging. We apologize, but this video has failed to load. tap here to see other videos from our team. Try refreshing…#kbw #murrayleith #odlumbrownltd #torontodominionbank #royalbankofcanada #citynationalbank #bankofnovascotia #mexico #chile #peru (Source: Reuters: Health)
Source: Reuters: Health - January 30, 2024 Category: Consumer Health News Source Type: news
Japanese Unemployment Rate Actual 2.4% (Forecast 2.5%, Previous 2.5%)
(Source: Reuters: Health)
Source: Reuters: Health - January 30, 2024 Category: Consumer Health News Source Type: news
What About Gradualism?
Back in the early 1980s, the Fed tried to gradually squeeze high inflation out of the economy, so as to avoid a bout of high unemployment. They failed. But it was not a failure to control inflation; it was a failure to bring inflation down gradually. Inflation fell much faster than almost anyone…#ngdp #tylercowen #zimbabwe #rgdp #jaypowells #volcker #alextabarrok #cowen #jwmason #mason (Source: Reuters: Health)
Source: Reuters: Health - January 29, 2024 Category: Consumer Health News Source Type: news
As companies lay off even more workers, they could be making a big mistake in the way they're doing it
Despite brightening economic data — slowing inflation, low unemployment, and a seemingly nonexistent recession — the new year has started off with layoffs. So far in January, Citigroup announced it was cutting 10% of its workforce; within tech, Google cut hundreds of jobs across its engineering…#citigroup #google #amazon #nfl #spotify #discord #petercappelli #whartonschool #sandrasucher #loseit (Source: Reuters: Health)
Source: Reuters: Health - January 22, 2024 Category: Consumer Health News Source Type: news
State puts West New York business that owes more than $100K on its ‘WALL’ of shame
A West New York general contracting business that owes more than $100,000 for violations of state unemployment compensation and disability benefits laws is being called out by the New Jersey Department of Labor and Workforce Development (DOL). Y and E General Contractor is one of 19 businesses…#westnewyork #dol (Source: Reuters: Health)
Source: Reuters: Health - January 22, 2024 Category: Consumer Health News Source Type: news
Ahead of New Hampshire's GOP Primary, a Look at the Granite State's Economy
The state is growing more slowly than the U.S. as a whole but benefits from an ultralow unemployment rate and an educated population. (Source: Reuters: Health)
Source: Reuters: Health - January 21, 2024 Category: Consumer Health News Source Type: news
