Category Archives: Jobs Report

Will Harvey and Irma Aftermath Affect Rate Hikes?

September US job reports have shown a monthly decrease for the first time in seven years with 33,000 jobs lost. The market believes these numbers are ephemeral and a result of Harvey and Irma’s repercussions in primarily the restaurant industry. … Continue reading

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Unemployment Rate Falls Lowest Level in Nine Years

U.S. employers added 178,000 jobs in November, close to expectations, while the unemployment rate dropped to 4.6%, its lowest level in nine years. The tightening labor market has driven hourly wages up 2.5% last month over the previous year. This … Continue reading

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Unemployment Holds Steady; Low Anticipation of September Rate Hike

On Friday, September 2, The Bureau of Labor Statistics released a mediocre jobs report. Total nonfarm payroll employment rose by 151,000 compared to economist forecasts of 180,000. The unemployment rate, forecasted to fall to 4.8%, held steady at 4.9%. This … Continue reading

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