USA Initial Jobless Claims 222.000K vs 240.000K Est; Prior 232.000K
USA Initial Jobless Claims for Sep 08 222.000 thousand vs 240.000 thousand consensus estimate. The prior reading was 232.000 thousand.
USA ISM Non-Manufacturing PMI for Aug 56.900 vs 55.100 Est; Prior 56.700
USA ISM Non-Manufacturing PMI for Aug 56.900 vs 55.100 consensus estimate. The prior reading was 56.700.
Hot Wage Growth, ‘Encouraging’ Jobs Data: 5 Experts React With Interest Rates Hanging In The Balance
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday morning after the Labor Department reported strong U.S. jobs market numbers from August.
USA Factory Orders (MoM) for Jul (1.000)% vs 0.200% Est; Prior 2.000%
USA Factory Orders (MoM) for Jul (1.000)% vs 0.200% consensus estimate. The prior reading was 2.000%.
US Adds 315,000 Jobs In August, Clearing The Path For Another Aggressive Interest Rate Hike
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday morning after the Labor Department reported strong U.S. jobs market numbers from August.
USA Unemployment Rate for Aug 3.700% vs 3.500% Est; Prior 3.500%
USA Unemployment Rate for Aug 3.700% vs 3.500% consensus estimate. The prior reading was 3.500%.
Friday’s Jobs Report Could Rock Your Portfolio: If It’s Bad, It Might Just Be Good
This week's U.S. jobs report could be a signal for what's to come from the Federal Reserve later this month.
What To Know: The U.S. jobs report, which is due at 8:30 a.m. Friday morning, will be closely watched, as it has the potential to shift the sentiment of Fed officials ahead of the upcoming policy meeting in mid-September.
USA ADP Nonfarm Employment Change for Jun 132.000K vs 288.000K Est; Prior 128.000K
USA ADP Nonfarm Employment Change for Jun 132.000 thousand vs 288.000 thousand consensus estimate. The prior reading was 128.000 thousand.
US Jobs Growth Is Robust, But Labor Productivity Is Tanking
U.S. GDP has declined for the first two quarters of 2022, an economic indicator that typically corresponds with a recession. Federal Reserve Chair Jerome Powell and others have argued the U.S. labor market is too strong for the economy to be in a recession.