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Job Market Alive And Kicking: Jobless Rate Slips To 9-Year Low Amid Robust Payroll Gains
Friday, December 2, 2016 - 10:35am | 355Testifying 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...
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El-Erian: Jobs Number Creates 'Tricky Situation' For Fed
Friday, September 2, 2016 - 11:44am | 385The U.S. created 151,000 jobs in August, short of the 180,000 economists were predicting. The latest disappointing jobs number comes after two straight months of strong gains. That number complicates things for the Federal Reserve ahead of its September meeting, Allianz Chief Economic Adviser...
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TDAmeritrade's Kinahan Talks Jobs Reports, Says It 'Isn't As Bad As People Think It Is'
Friday, May 6, 2016 - 11:42am | 250JJ Kinahan, TD Ameritrade Holding Corp. (NASDAQ: AMTD)'s Chief Strategist offered his expert analysis following the weakest U.S. jobs report in seven months. Speaking to Benzinga, Kinahan suggested the jobs report "isn't as bad as people think it is." He noted that the private...
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ADP Employment Reading For March Comes In Better Than Expected
Wednesday, March 30, 2016 - 10:51am | 318U.S. private employment gains topped market expectations in March. The ADP monthly National Employment Report indicates that the private sector added 200,000 jobs in March, topping consensus analyst expectations of 194,000 jobs. February’s reported payroll gains were also revised downward...
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It's A Beat: Non-Farm Payrolls Smash Expectations
Friday, March 4, 2016 - 10:07am | 303The U.S. non-farm payroll numbers topped expectations. Although the beat is an indication that the economy is improving and a positive for the dollar, the bad hourly earnings took some sheen off the report. Total non-farm payroll employment increased by 242,000 in February, and the unemployment...
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What To Expect From Tomorrow's Jobs Report
Thursday, June 4, 2015 - 1:41pm | 535On Friday, traders get the latest read on the state of U.S. employment. While jobs day is always widely followed, its importance has increased significantly in the last year or so, as the Federal Reserve has made very clear that any shift away from loose monetary policy will be based on two...