US unemployment rate spikes to 3.8%
Labour market conditions ease, confirm that Fed may not raise interest rates
Source: tribune.com.pk
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Unemployment jumps to 3.8% in August but job growth still frothy
Job growth jumped a bit in August but unemployment rose to its highest level in over a year. The new data could help Fed to push pause on rate hike strategy as broader economy shows signs of cooling off.
Source: yahoo.com
US unemployment rate spikes to 3.8%; labour market still has momentum
Nonfarm payrolls increased by 187,000 jobs last month after rising by 157,000 in July. Job growth averaged 150,000 per month over the past three months, sharply down from 238,000 in the three months through May.
Source: moneycontrol.com
US jobless rate jumps
US job growth picked up in August, but the unemployment rate jumped to 3.8 percent and wage gains moderated, suggesting that labour market conditions were easing and cementing expectations that the Federal Reserve will not raise interest rates this month.
Source: thedailystar.net
Unemployment jumps to 3.8% in August but job growth still frothy
Job growth jumped a bit in August but unemployment rose to its highest level in over a year. The new data could help Fed to push pause on rate hike strategy as broader economy shows signs of cooling off.
Source: yahoo.com