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Mohamed El-Erian: October's 'Comprehensively Strong' Jobs Report Supports A December Rate Hike
Friday, November 6, 2015 - 11:01am | 460US October jobs data were better than expected when it was reported on Friday. The unemployment rate, private payrolls, and nonfarm payrolls data all improved month-over-month. Mohammed El-Erian, Allianz's Chief Economist, told Benzinga that the "comprehensively strong"...
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Week Ahead: Budget Battle, Fedspeak, Jobs Data Divert Street Focus To D.C.
Monday, September 28, 2015 - 1:20pm | 1627Stock market volatility could ramp up as Capitol Hill’s budget scramble and Russian leader Vladimir Putin’s sit-down shares the Federal Reserve’s spotlight in coming days. It’s also a week dotted with fresh economic indicators, culminating in a September jobs report that...
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Ron Insana On Friday's Jobs Report: 'I Am Comfortable With The 245,000 Consensus'
Friday, January 9, 2015 - 7:39am | 424Speaking to Benzinga ahead of the Friday jobs report, Insana’s Market Intelligence Author Ron Insana is comfortable with the Wall Street consensus for the Friday jobs report of 245,000 jobs created in December. He pointed out that the jobs sector has seen consistent improvement in sectors...
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Obama To Speak at 10:35am Following Jobs Report
Friday, July 8, 2011 - 8:08am | 17Obama will speak following today's Jobs report. This is an unusual event, and may indicate exceptional data.
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Job Growth or No Job Growth?
Friday, June 4, 2010 - 2:44am | 148Tomorrow’s stock market report will be all about jobs. If the economy continues to create jobs, expect a great day out of the Dow Jones and S&P. If tomorrow’s jobs report shows job losses then watch out! Things could turn decidedly ugly. It will also be important to keep an eye on whether job...
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Jobs Report Worse Than Expected; 9.8% Unemployment Rate
Friday, October 2, 2009 - 8:33am | 45This morning the government reported a decrease in non-farm payroll of 263,000, which is almost 100,000 worse than expected. The unemployment rate rose to 9.8%, which was in line. On the news, stock market futures tanked. Dow futures are now down about 100, while SP futures are down about 11.