Economists forecast

WASHINGTON | US hiring slowed to 155K jobs, jobless rate stayed 3.7%

WASHINGTON  — U.S. employers added 155,000 jobs in November, a slowdown from recent months but enough to suggest that the economy is expanding at a solid pace despite sharp gyrations in the stock market. The Labor Department said Friday that the unemployment rate remained 3.7%, nearly a five-decade low, for the third straight month. Average … Continue reading WASHINGTON | US hiring slowed to 155K jobs, jobless rate stayed 3.7%

WASHINGTON | Survey: US businesses added a solid 179,000 jobs last month

WASHINGTON — U.S. businesses hired new workers at a solid pace in November, adding 179,000 jobs, according to a private survey. The report comes as other data also suggest the U.S. economy remains healthy, even as the financial markets have gyrated over concerns about a trade conflict with China and slowing global growth. Payroll processor … Continue reading WASHINGTON | Survey: US businesses added a solid 179,000 jobs last month

WASHINGTON | Strong US growth likely drove healthy job gain in July

WASHINGTON  — With a robust economy at their backs, optimistic employers likely added jobs at a solid pace in July. Economists forecast that employers added 191,000 jobs last month, down from 213,000 in June but easily enough to lower the unemployment rate over time. The jobless rate is projected to decline to 3.9 percent, near … Continue reading WASHINGTON | Strong US growth likely drove healthy job gain in July

LONDON | Bank of England expected to raise interest rates

LONDON — The Bank of England is expected to raise its benchmark interest rate Thursday for only the second time since the 2008 financial crisis as it weighs a strong jobs market and high inflation against the growing concerns about the economic impact of Brexit. Economists forecast that the bank’s Monetary Policy Committee will raise … Continue reading LONDON | Bank of England expected to raise interest rates

US employers posted fewer jobs in November for 2nd month

WASHINGTON/January 09, 2018(AP)(STL.News)—Employers posted fewer open jobs in November, the second straight month of decline after openings reached a record high in September. The Labor Department says the number of available jobs slipped 0.8 percent to 5.88 million, down from 5.93 million in October. September’s peak was 6.18 million. Job openings are still 4.4 percent … Continue reading US employers posted fewer jobs in November for 2nd month