jobless rate

The Federal Reserve's monetary policy setting arm, or the FOMC is set to sit across the table for one last time this year to deliberate on rates. It's sure an unenviable task, given the fine line central bankers have to tread in deciding the apt course of the monetary policy. A wrong move can...

Testifying to the strength of the jobs market, the Labor Department released a report on Friday showing strong job gains and a slip back in the jobless rate to a nine-year low. The Fed now has its task cut out for it as it prepares to meet next week to discuss its monetary policy stance. Robust...

The Wall Street Journal has a list of five key items market participants should be looking out for when the Labor Department releases its August jobs report on Friday. 1. Hiring Pace Back in July, employers added 255,000 jobs which marked a decrease from the 292,000 jobs created in June....

Economists who had been speculating that the sluggish U.S. May jobs report was simply an outlier are feeling quite vindicated on Friday. The U.S. economy bounced back in a major way in June by adding 287,000 jobs, well above consensus expectations of 175,000. The unemployment rate rose slightly...