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The Labor Department's closely watched employment report on Friday also showed the unemployment rate rising to 3.9% from 3.8% in March amid rising labor supply. Financial markets boosted the odds of a
The Nasdaq 100 immediately dropped by about 1%, while the 10-year US Treasury yield spiked nearly 10 basis points to 4.785%, representing its highest level since October 2023.
The unemployment rate was forecast to remain at 4.1%. However, while Friday’s report showed that the cracks in the labor market may be widening, there also were indications it still remains on ...
The Job Openings and Labor Turnover Survey (JOLTS) also showed the hiring rate fell to 3.3% from 3.4% in October. The quits rate, a sign of confidence among workers, fell to 1.9% from 2.1% in October.
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
The US economy added 175,000 new jobs and the unemployment rate rose to 3.9% last month, new data from the Bureau of Labor Statistics showed Friday. Wall Street economists had expected nonfarm ...
The US economy added 253,000 nonfarm payroll jobs last month, with the unemployment rate unexpectedly dropping to 3.4%, data from the Bureau of Labor Statistics showed Friday.
In August, the unemployment rate rose to 3.8%, up from 3.5% and the highest since February 2022. Economists had expected unemployment to remain unchanged at 3.5%.