US Job Growth Beats Forecasts yet Inflation Risks Persist

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The US labour market seems to have stabilised: The economy added 172,000 jobs in May, exceeding expectations, according to new data from the Bureau of Labour Statistics released on Friday. The latest jobs report offered some reassurance regarding the stabilisation Read More …

Positive Jobs Data Could Spark Early Gains on Wall Street

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The major U.S. index futures indicate a higher opening on Friday, suggesting that stocks are poised to rebound after experiencing downward pressure in the prior session. The futures advanced more decisively into positive territory following the Labor Department’s release of Read More …

AI and Hiring Slowdown Change Job Market Structure

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When the April jobs report is released Friday morning, it is expected to show that the US labor market added 67,000 positions. If so, that’s roughly one-third of the 178,000 jobs created in March. While in comparison the April total Read More …

March Jobs Gain Shows Resilience Despite Global Uncertainty

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The most recent employment report indicated that the US economy probably created 178,000 jobs in March, significantly exceeding forecasts. The unemployment rate has decreased to 4.3%. Predictions indicated it would remain stable at 4.4% or potentially increase to 4.5%. Health Read More …

February saw 92,000 US employment losses

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In a surprising turn of events, hiring at US businesses experienced a significant decline last month, with employers reportedly eliminating approximately 92,000 jobs, as indicated by the latest data. The unemployment rate increased to 4.4%, up from 4.3%. Analysts anticipated Read More …

Crude Oil Surge Could Trigger Market Slump

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The major U.S. index futures indicate a significantly lower opening on Friday, suggesting that stocks may experience additional declines in the wake of the weakness observed in the prior session. The futures experienced additional declines subsequent to the publication of Read More …

Market Futures Signal Initial Rebound

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The major U.S. index futures are indicating a higher opening on Thursday, suggesting that stocks are poised to rebound after concluding yesterday’s volatile trading session with a slight decline. The futures exhibited sustained strength after the Labor Department’s report indicated Read More …