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Jobless Claims Fall, More Tech Layoffs Loom

unemployment

Jobless Claims Fall to Lowest Level Since April ’22 Initial Jobless Claims in the US decreased by 3,000 in the week ending January 28. US Dollar Index stays slightly above 101.00 after the data.   There were 183,000 initial jobless claims in the week ending January 28, the weekly data published by the US Department […]

Nonfarm Payrolls Increase Slightly for December

Nonfarm Payrolls Increase Slightly for December.   Nonfarm payrolls increased by 223,000 in the month, surpassing the Dow Jones estimate of 200,000. The unemployment rate dropped to 3.5%, 0.2 percentage points below expectations. Job growth saw a slight decrease from the revised 256,000 gain in November, which was revised down by 7,000 from the initial […]

Hospitality Jobs Outperform Dow Jones Estimate.

Hospitality Jobs Drive Private Payrolls to Outperform Dow Jones Estimate Despite Recent FED Actions. Private payrolls rose by 235,000 for the month, well ahead of the 153,000 Dow Jones estimate and the 127,000 initially reported for November. Service providers added 213,000, led by leisure and hospitality, which added 123,000 positions. The big jobs surprise comes […]