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The release is the first fresh reading on the state of the labor market since a weak July jobs report fueled recession fears less than a week ago. That report showed the US economy tallied its ...
Economists polled by Reuters had forecast 230,000 claims for the latest week. They had jumped 17,000 in the prior week. Claims have entered a period of volatility, which could see large swings in ...
A quarter point reduction would bring the Fed's policy rate to a 4.25%-4.50% range, a full percentage point below where it was in September when the central bank began cutting rates with ...
U.S. employers added 227,000 jobs in November as the effects from hurricanes and strikes the previous month reversed. The unemployment rate was 4.2%
When Fed policymakers gather this week for their last meeting of the year, the focus will be on an expected quarter-percentage-point interest rate cut and policymakers' updated outlooks for the ...
Compared to the prior year, wages rose 4% in November, more than than 3.9% that had been forecast. Meanwhile, the labor force participation rate fell to 62.5% in November, down from 62.6% in October.
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The November report is expected to show the US labor market added 200,000 jobs in the month, up from the 12,000 monthly job additions seen in October. Meanwhile, the unemployment rate is expected ...