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A jump in the unemployment rate to 4.3% in July from 3.7% at the start of the year saw the U.S. central bank kicking off its policy easing cycle with an unusually large half-percentage-point ...
The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading into the final stretch of 2024.
WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits dropped to an eight-month low last week, pointing to low layoffs at the end of 2024 and consistent ...
Fresh data from S&P Global showed the US economy is tracking for solid growth through the end of 2024. ... in early August after the unemployment rate unexpectedly rose to 4.3%, triggering a ...
The 4.2% unemployment rate is projected to hold steady to end 2024, below the September forecast of 4.4%, the Fed’s median estimate shows. The rate is expected to close out 2025 at 4.3% ...
The CBO said it expects rates to continue to rise, as well as slower growth in the gross domestic product for the rest of this year and unemployment reaching 4.7% by the end of 2024.
Wages also rose less than forecast, with average hourly earnings rising 0.2% over last month and 3.9% over the last year. Economists had expected to see a monthly jump of 0.3% in April and a 4% ...
The unemployment rate rose from 4.1% to 4.2%, the Labor Department said Friday. Economists surveyed by Bloomberg had forecast 215,000 job gains. Also encouraging: Job gains for September and ...