September Job Growth Exceeds Expectations As Unemployment Falls

US adds 254,000 people Nonfarm payrolls decreased in September as the unemployment rate fell to 4.1%, according to Bureau of Labor Statistics (BLS) data released Friday. Economists predict 150,000 people jobs added to septemberthe unemployment rate is expected to remain at 4.2%, slightly higher than the originally reported increase of 142,000 jobs in August. According […]

August job growth below expectations as unemployment falls

The unemployment rate fell in August for the first time since March, dropping to 4.2 percent, as the U.S. economy added 142,000 nonfarm payroll jobs, according to data released Friday by the Bureau of Labor Statistics (BLS). Economists now expect nonfarm payrolls to rise by 161,000 in August, up from an earlier estimate of a […]

US Economic Growth Beats Expectations In Second Quarter

The US economy grew by 2.8% According to gross domestic product (GDP) statistics released by the Bureau of Economic Analysis (BEA) on Thursday, the global economy is expected to recover in the second quarter of 2024. Growth in the first quarter of 2024 was low, but growth in the second quarter was 1.4% After being […]

Inflation Falls Below Expectations As Economy Cools

Rising prices continue to weigh on the finances of the average American, with inflation falling slightly in June compared to a year ago, according to the latest data released by the Bureau of Labor Statistics (BLS) on Wednesday. According to the Bureau of Labor Statistics, the Consumer Price Index (CPI), a broad gauge of the […]

Inflation Missed Expectations In January. Are We Just Stuck With High Inflation Forever?

The U.S. Bureau of Labor Statistics said Tuesday that inflation rose at an annual rate of 3.1% in January, contrary to most expectations of 2.9%. Inflation has remained stubbornly above 3% since its peak under President Joe Biden, and economists question whether current policy will allow inflation to reach the Federal Reserve's goals. . “Right […]

US Stocks Tumble After Inflation Comes In Above Expectations

Major U.S. stock indexes ended the day with huge losses as investors reacted to inflation data that cast doubt on expectations for near-term interest rate cuts from the U.S. Federal Reserve. Dow Jones Industrial Average Dropped It fell more than 500 points to 1.35% on Tuesday, while the S&P 500 and Nasdaq fell 1.37% and […]