-
Analysis: The Rarity Of A Sub-4% Unemployment Rate
Friday, May 4, 2018 - 3:04pm | 541With a reported 3.9-percent unemployment rate, April became one of six months in nearly 40 years when the figure fell below 4 percent. Before that, less than one-third of the months between 1948 and January 1970 saw lower or equivalent rates, according to the Bureau of Labor Statistics. The...
-
March Non-Farm Payrolls Trail Expectations; Economist Sees Healthy Normalization
Friday, April 6, 2018 - 10:46am | 1003After a strong start to the year, the labor market showed symptoms of normalizing, allaying some concerns of an overheated economy. The below-consensus job gains for March — along with intensifying fears of a brewing U.S.-China trade war — spooked the markets, as the major...
-
ETFs: How To Play The Energy Patch As Inflation Rises
Friday, February 9, 2018 - 12:36pm | 568Heading into 2018, scores of market observers speculated that inflation would move higher across major developed markets. Indeed, data confirm consumer prices are rising. In December, the Consumer Price Index rose 0.2 percent, according to the Bureau of Labor Statistics. “The index for all...
-
Trump Keeps His Promise To Add Coal Jobs, Though Not To The Degree His EPA Head Claims
Thursday, June 8, 2017 - 12:16pm | 509From the administration’s perspective, the long-declining coal mining sector is looking rosy. “Since the fourth quarter of last year until most recently, we’ve added almost 50,000 jobs in the coal sector,” Environmental Protection Agency Administrator Scott Pruitt said...
-
Market Winners And Losers As Food Deflation Persists
Saturday, September 10, 2016 - 6:10pm | 722While consumers have benefited this summer from continued deflation in food prices, investors in food retailers have been starving for returns. From grocers like SUPERVALU INC. (NYSE: SVU), which cut guidance Thursday, to restaurant chains including industry giant Darden Restaurants, Inc. (NYSE:...
-
What Is The Jobs Report And How Is It Compiled?
Wednesday, August 10, 2016 - 2:58pm | 259The first Friday of every month is very important to investors and traders as the U.S. Department of Labor's Bureau of Labor Statistics releases a report called the "Employment Situation Summary" - or Jobs Report for short. The Jobs Report is one of the most important gauges of...
-
Markets Jump On Strong Jobs Numbers; Economist Says This Signals First Rate Hike In Seven Years
Friday, December 4, 2015 - 11:36am | 400U.S. equities jumped higher on Friday after the U.S. Bureau of Labor Statistics said the U.S. economy added 211,000 jobs in November – exceeding estimates of 200,000. The U.S. unemployment rate held steady at 5 percent, a seven-year low. Tara Sinclair, Chief Economist for the job...
-
A Bunch Of Economic Data Points Are Coming Out Next Week
Friday, July 31, 2015 - 2:52pm | 307The week starting on August 3 will bring a bunch of interesting news. Not only will the market see companies like Walt Disney Co (NYSE: DIS), Priceline Group Inc (NASDAQ: PCLN), Tesla Motors Inc (NASDAQ: TSLA), Michael Kors Holdings Ltd (NYSE: KORS) and Groupon Inc (NASDAQ: GRPN) report their...
-
Economist Previews Jobs Day, Notes 'Output Per Worker Is Dropping'
Wednesday, July 1, 2015 - 3:07pm | 494The Bureau of Labor Statistics will release its U.S. employment numbers for the month of June on Thursday at 8 a.m. EST. Among the figures that will come out are nonfarm payrolls, unemployment, labor force participation and wage growth. After a substantial beat on projections for May, observers...
-
Friday's Jobs Report: What Experts Are Saying Ahead Of The Release
Thursday, June 4, 2015 - 5:15pm | 790The U.S. Bureau of Labor Statistics will release its unemployment figures for the month of May on Friday at 8:30 a.m. EST. Consensus expectations are that the unemployment rate will remain at 5.4 percent, which is what it was after April, and that the U.S. will gain a net of approximately 225,000...
-
CPI Falls 0.3% As Sign Of Deflation
Wednesday, December 17, 2014 - 10:22am | 170The consumer-price index fell 0.3 percent in November, the most in six years, as a sign of deflation. "Persistently low inflation allows Fed policy makers, scheduled to end a two-day meeting [Wednesday], to exercise patience in raising the benchmark interest rates that they’ve held...
-
Jobs Report Surprises To The Downside
Friday, September 5, 2014 - 8:52am | 375The Bureau of Labor Statistics reported that Nonfarm Payrolls, which is one of the most closely-followed gauges regarding the state of the economy, increased by just 142K in the month of August. The increase in the number of new jobs was well below the consensus estimates for an increase of...
-
Job Growth Surges In June, Unemployment Drops To 6.1%
Thursday, July 3, 2014 - 8:47am | 387The Bureau of Labor Statistics reported that Nonfarm Payrolls, which is one of the most closely followed gauges regarding the state of the economy, increased by 288K in the month of June. The increase in the number of new jobs was well above the consensus estimates for an increase of 218K and...
-
Do Minimum Wage Hikes Always Lead To Higher Prices?
Friday, June 13, 2014 - 4:00pm | 436Does a higher minimum wage necessarily mean higher prices for businesses and, by passing those prices along, consumers? The controversy over income inequality and the U.S. minimum wage has been percolating for some time now. And while the Obama Administration has been pushing for a federal minimum...
-
Nonfarm Payrolls Report Shows Job Growth Steady
Friday, June 6, 2014 - 10:24am | 377The Bureau of Labor Statistics reported that Nonfarm Payrolls, which is one of the most closely followed gauges regarding the state of the economy, increased by 217K in the month of May. The increase in the number of new jobs was largely in line with the consensus estimates for an increase of...