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April Jobs Report Comes In Hot: 5 Economists Discuss Fed's Next Step, Interest Rate Risks
Friday, May 5, 2023 - 12:05pm | 620The U.S. job market report for April was unexpectedly stronger than anticipated, with 253,000 non-farm payrolls (NFP) added compared to 180,000 expected, the unemployment rate falling to a 50-year low of 3.4%, and wage gains accelerating more rapidly than anticipated. Conditions in the...
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Labor Market Stays Tight: April Jobs Report Reveals Growth In Nonfarm Payrolls, Wages
Friday, May 5, 2023 - 8:45am | 464The April U.S. jobs report showed a 253,000 rise in nonfarm payrolls, up from a downwardly revised 165,000 the previous month and far above the market consensus estimate of 180,000, the Bureau of Labor Statistics reported Friday. The unemployment rate ticked down from 3.5% to 3.4%,...
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5 Economist Predictions For Friday Jobs Report: Did NFPs Fall More Than Expected In March?
Thursday, April 6, 2023 - 12:55pm | 756A week of below-than-expected macroeconomic data for the U.S. increased the risk of an incoming economic recession as investors await a key job market report on Friday, April 7. Despite the fact that markets are closed for Good Friday, the March employment report will be a major...
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Green Check Verified Adds New Wave Of Partners To Its Cannabis Services Marketplace
Tuesday, April 4, 2023 - 9:55am | 452Green Check Verified, a fintech provider of compliant cannabis banking solutions and services, announced the expansion of its marketplace to include new providers in key business categories, including banking, lending, insurance, human resources, payroll and payments. GCV launched its marketplace...
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What The Disappointing NFP Report Really Means For The USD
Tuesday, October 12, 2021 - 12:55pm | 602The Nonfarm Payroll (aka, NFP report) is making a habit of missing its forecast by wide margins. September’s NFP rolled on Friday, revealing that a meagre 194K jobs had been added to the US economy last month. Perhaps the NFP report wouldn’t have been as disappointing had forecasts not...
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Will The NFP Pull The S&P 500 Down This Friday?
Wednesday, September 1, 2021 - 2:34pm | 618#interestingfact: The S&P 500 has not had a 5%+ drawdown from a peak for the past ten months. This timeframe equates to over 200 sessions. As this hot run continues, more and more analysts come out of the woodwork, predicting that it will shortly come to an end. Perhaps these analysts are...
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Are ADP Jobs Numbers Perfectly In Sync With NFP Private Payrolls Data?
Tuesday, April 11, 2017 - 10:09am | 806Those bracing for upbeat Labor Department non-farm payrolls, or NFP, data for March following an exceedingly strong Automatic Data Processing (NASDAQ: ADP) private payrolls report were in for a disappointment. The March NFP Report: A Dampener The Labor Department's establishment survey, which is...