Jobs Report

The U.S. labor market showcased its resilience in May, with nonfarm payrolls surging by 272,000, far surpassing the anticipated 180,000. The upper range among economist predictions, as compiled by Econoday, was 225,000, so even the most optimistic forecasters had not anticipated the booming...

The May labor market report delivered hotter-than-expected numbers in terms of job gains and wage growth. Last month, U.S. employers added 272,000 nonfarm payrolls, a sharp increase from April’s 165,000 and well above the expected 180,000. Average hourly earnings witnessed a 4.1% year-on-year...

The U.S. labor market sharply outperformed expectations Friday, as monthly employment growth and wage increases in May topped forecasts. U.S. employers added 272,000 nonfarm payrolls in May, down from the downwardly revised 165,000 figure in April, according to the Bureau of Labor Statistics. May...

Are more people looking for a job or is the U.S. labor market continuing to show continued tightness? Investors eagerly awaiting an update on the U.S. labor market will get more insight on Friday when the Bureau of Labor Statistics releases the employment situation report for May. Recent labor...

Long-dated U.S. Treasuries are rallying, breaking above a key downtrend that began in late 2023, fueled by recent soft economic data, which has led investors to reprice higher expectations on the Federal Reserve cutting interest rates in September. The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT...

Today, we got the April Consumer Price Index (CPI) report which showed an overall increase of 3.4% unadjusted in the last year and 0.3% vs last month. That’s slightly below last month’s 3.5%  and in-line with expectations of 3.4%. The 0.3% monthly increase was below the 0.4%...

The number of individuals filing for unemployment benefits soared more than predicted last week, suggesting emerging weaknesses in the labor market. Jobless claims rose from 209,000 to 231,000 for the week that ended on May 4, marking the highest level since August of the previous year, according...

In April, the U.S. economy added 175,000 jobs, falling short of expectations and down from the 315,000 jobs added the previous month. Surprisingly, the unemployment rate inched up from 3.8% to 3.9%, although maintaining a level below 4% for the 27th consecutive month—a streak not seen since the...

To gain an edge, this is what you need to know today. Reduce Hedges And Deploy Cash Hedges are profitable. It is time to take more partial profits. It is time to deploy slightly more cash.   Wage Growth Slows Please click here for an enlarged chart of SPDR S&P 500 ETF Trust...

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Bank of America U.S. economist Michael Gapen recently provided insights into the expected performance of the U.S. employment sector for April, forecasting nonfarm payrolls will see an increase of 250,000, marking a slight deceleration from the 276,000 average gain over the previous three months....

The rate of job creation in U.S. private sector businesses surpassed predictions in April, indicating continued strength in the employment landscape. Private employers added 192,000 new jobs last month, slightly down from an upwardly revised 208,000 in March, surpassing the projected 175,000,...

In March, the U.S. labor market surged beyond predictions, with 303,000 nonfarm payrolls added, surpassing expectations of 212,000. This marked the highest figure since May 2023 and accompanied a slight decrease in the unemployment rate from 3.9% to 3.8%. We covered it first here: US Labor Market...

The Bureau of Labor Statistics (BLS) is set to release the much-anticipated jobs report for March on Friday at 8:30 a.m. EST. Automatic Data Processing Inc. (ADP) provided a glimpse into private sector employment trends ahead of the BLS's report. Growth exceeded expectations for February as private...

The pace of employment growth among U.S. private businesses exceeded expectations in March, signaling ongoing resilience in the job market. According to the most recent ADP National Employment Report, private employers expanded their workforce by 184,000 new jobs last month, up from 140,000 in...