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  • ‘Sizzling’ US jobs data make case for bigger Fed rate increases Aug 06, 2022 06:49 AM IST

    ‘Sizzling’ US jobs data make case for bigger Fed rate increases

    US employers added 528,000 jobs last month, more than all estimates, the unemployment rate fell to a five-decade low of 3.5%, and wage growth accelerated

  • US labour market defies recession fears as job growth surges in July Aug 06, 2022 06:32 AM IST

    US labour market defies recession fears as job growth surges in July

    The labour market has now recouped all the jobs lost during the Covid-19 pandemic, though government employment remains about 597,000 jobs in the hole. Overall employment is now 32,000 jobs higher than in February 2020

  • General Motors strike looms over US October job growth Nov 01, 2019 09:40 AM IST

    General Motors strike looms over US October job growth

    The 40-day strike by members of the United Auto Workers union, which came as hiring was already slowing, could make it difficult to get a clear pulse on the labor market and clues on the health of consumers, the economy's engine.

  • US economy posts largest job gains in eight months in June Jul 08, 2016 07:34 PM IST

    US economy posts largest job gains in eight months in June

    US job growth surged in June as factories and retailers boosted hiring, confirming the economy has regained speed after a first-quarter lull, but tepid wage growth could see the Federal Reserve still cautious about hiking interest rates

  • June pvt sector jobs rose by 172,000 vs 159,000 expected: ADP Jul 07, 2016 08:47 PM IST

    June pvt sector jobs rose by 172,000 vs 159,000 expected: ADP

    Employment in the private sector rose more than expected in June, led by gains in small-business jobs, according to a report Thursday from ADP and Moody's

  • Brexit factored in decision, may have consequences for US:Yellen Jun 16, 2016 08:15 AM IST

    Brexit factored in decision, may have consequences for US:Yellen

    Amid worries about slowing job growth, Federal Reserve officials remain only tentatively committed to two more rate hikes this year, and provided indications Wednesday that there might be only one.

  • 'RBI to stand pat on Aug 4; rate cut by March '16' Jul 23, 2015 04:00 PM IST

    'RBI to stand pat on Aug 4; rate cut by March '16'

    The Reserve Bank is likely to keep interest rates on hold in the next month's monetary policy meet, but may slash the key lending rate by a 50-75 basis points by March 2016, Morgan Stanley on Thursday said.

  • Aug payroll growth slumps; unemployment rate down to 6.1% Sep 05, 2014 06:45 PM IST

    Aug payroll growth slumps; unemployment rate down to 6.1%

    Economists expected payroll growth of 225,000 in August following July's upwardly revised 212,000. The unemployment rate was forecast to drop to 6.1 percent from 6.2 percent.

  • Brightening jobs scene may draw Fed closer to tapering Jul 06, 2013 02:27 PM IST

    Brightening jobs scene may draw Fed closer to tapering

    Employers added 195,000 new jobs to their payrolls last month, the Labor Department said, while unemployment rate held steady at 7.6 percent as more people entered the workforce, this in turn cemented expectations for the Fed to start winding down its stimulus program by September

  • US jobs data to point to steady economic growth Feb 01, 2013 11:46 AM IST

    US jobs data to point to steady economic growth

    US job growth likely picked up modestly in January and the unemployment rate held steady, supporting views the economy's sluggish recovery was on track despite a surprise contraction in the final three months of 2012.

  • US July payrolls rise soothes recession fears Aug 05, 2011 06:58 PM IST

    US July payrolls rise soothes recession fears

    US job growth accelerated more than expected in July as private employers stepped up hiring, a development that eased fears the economy was sliding into a fresh recession.

  • US payrolls seen hitting seven month high Jan 07, 2011 12:18 PM IST

    US payrolls seen hitting seven month high

    The US economy probably created more jobs in December than any month since May, confirming a self-sustaining recovery is underway, but the unemployment rate is seen edging down only slightly.

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