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| US jobs and wages rise in January The US labour market barrelled forward in January, as employers added more jobs than expected and wage growth was its strongest in more than eight years. US payrolls expanded by 200,000 last month, driven by hiring in construction, food services and health care, the US Labor Department said.
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| US job numbers and wage growth are up – but inequality is also on the rise It's been a long, slow recovery for US workers but wages finally appear to be growing again, according to the latest jobs report released on Friday. But behind the headline rate the figures show – once more – that inequality is on the rise. On Friday the labor department released its latest monthly jobs ...
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| Wall Street drops after robust US jobs report, weak earnings Average hourly earnings rose 0.3 percent, building on December's solid 0.4 percent gain. That boosted the year-on-year increase in average hourly earnings to 2.9 percent, the largest rise since June 2009. After the payrolls data, traders boosted bets that the U.S. Federal Reserve will raise interest rates ...
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| US jobs report: Five things to watch out for On Friday, the US Government's jobs report for January will provide an early look at whether that bright outlook is starting to come into view. Analysts have forecast that employers added a solid 175,000 jobs and that the unemployment rate remained a low 4.1 per cent for a fourth straight month, ...
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| US jobs growth exceeds expectations in January; wage growth fastest since 2009 US job growth exceeded expectations in January and wages climbed at the fastest pace since the recession, strengthening the case for a rate rise in March. Non-farm payrolls rose by 200,000 in January, topping economists' expectations for 180,000, according to a Thomson Reuters poll. That compared ...
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| Harley-Davidson to cut 800 US jobs amid plummeting sales Harley-Davidson, which is celebrating its 115th year in business this year, on Wednesday reported that worldwide retail sales of new Harley-Davidson motorcycles in the fourth quarter fell 9.6% versus the prior-year period. Retail sales in the United States fell 11.1%, and international retail sales fell 7.7% ...
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| Solid US jobs figures leave downbeat markets unmoved A man walks past an electronic stock board showing the Hang Seng Index at a bank in Hong Kong, Friday, Feb. 2, 2018. Asian shares were mostly lower Friday as investors evaluated the latest earnings reports and worries about rising U.S. bond yields weighed on sentiment.(AP Photo/Kin Cheung).
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| Wall Street opens lower on robust US jobs data Stocks are opening solidly higher on Wall Street after a number of big U.S. companies reported strong quarterly earnings. ... U.S. stocks fell at the open on Friday due to disappointing earnings reports from blue-chip companies and as robust U.S. jobs data boosted bond yields and bolstered expectations ...
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| Gold ends lower after strong US jobs data, loses over 1% on week Gold futures ended lower on Friday, down more than 1% for the week, after a stronger-than-expected U.S. jobs report drove up the dollar and Treasury yields as the data laid some groundwork for a potentially more aggressive Federal Reserve interest-rate response this year. April gold GCJ8, -0.94% ...
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| Sterling extends losses after US jobs data; cbank eyed LONDON, Feb 2 (Reuters) - Sterling extended losses on Friday and fell to the day's lows after a U.S. report showing wages rose at their fastest clip since 2009 hit the currency which was already struggling thanks to weak data from Britain's construction sector. U.S. job growth surged in January and ...
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| Three Must-See Charts About the January US Jobs Report Feb.02 -- Bloomberg's Matt Boesler breaks down three charts about the January U.S. employment report with Bloomberg's Scarlet Fu and Julia Chatterley on "What'd You Miss?"
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| GLOBAL MARKETS-Stocks plunge as US jobs data spikes bond yields (Adds close of U.S. markets). * Robust U.S. labor market report boosts dollar, bond yields. * Both Dow, S&P 500 post worst week since January 2016. * Disappointing earnings also push stocks lower. * Oil eases on strong dollar, gold prices fall. By Herbert Lash. NEW YORK , Feb 2 (Reuters) - Stock ...
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