WASHINGTON—President Donald Trump said Friday that he was “looking forward” to the release of the Labor Department unemployment figures, which subsequently showed the jobless rate fell to match its lowest level since 1969. Mr. Trump’s remark on Twitter came just more than an hour before the May jobs report was released to the public, at 8:30 a.m. EDT. The report showed the unemployment rate was 3.8% in May, matching the level seen in April 2000. It was last lower in December 1969.... … [Read more...] about Trump Says He Was ‘Looking Forward’ to Jobs Report
Jobs report
U.S. Stock Futures Hold Gains After Strong Jobs Report
Stocks in the U.S. and Europe were on track to recoup most of the week’s losses, following a strong monthly jobs report in the U.S. and as a deal came together for a new Italian government. Futures pointed to a 0.4% opening gain for the S&P 500 and a 0.5% rise for the Dow Jones Industrial Average, rebounding from declines on Thursday following new tariff announcements. The... … [Read more...] about U.S. Stock Futures Hold Gains After Strong Jobs Report
Jobs Report, These 2 Retail Earnings On Tap: Investing Action Plan
Here's your Investing Action Plan for Friday: what you need to know as an investor for the coming day. Fashion retailer Abercrombie & Fitch (ANF) and discount store chain Big Lots (BIG) report earnings, but investors will likely focus on the jobs report and other key economic data. U.S. auto sales also will be released. X… … [Read more...] about Jobs Report, These 2 Retail Earnings On Tap: Investing Action Plan
New U.S. Energy and jobs reports shows growth, less diverse workforce
According to the 2018 U.S. Energy and Employment Report (USEER), Black workers hold 5-9 percent of the jobs in energy-related sectors, a rate that is much lower than the 12 percent share of the national workforce held by Black workers. (Pexels.com) New U.S. Energy and jobs reports shows growth, less diverse workforce By Freddie Allen (Editor-in-Chief, NNPA Newswire and BlackPressUSA.com) Energy jobs are growing faster than the national average and energy-related sectors are less diverse than the national workforce, according to the 2018 U.S. Energy and Employment Report (USEER). “The nation’s energy sector employed 6.5 million Americans in 2017, up 133,000 jobs from the year prior,” a press release about the report noted. “This two percent growth rate exceeded the national average of 1.7 percent. Jobs in the energy sec-tors accounted for nearly 7 percent of all new jobs nationwide in 2017.” National Association of State Energy Officials (NASEO) and … [Read more...] about New U.S. Energy and jobs reports shows growth, less diverse workforce
Global Economy Week Ahead: U.S. Jobs Report, Brazil GDP, Eurozone Inflation
The U.S. May jobs report caps a week that also will see gross domestic product data from the U.S. and Brazil, eurozone inflation figures, and an official gauge of factory activity in China. WEDNESDAY: Brazil’s first-quarter gross domestic product figures could show signs of a slowdown in a fragile recovery from two years of deep recession.... … [Read more...] about Global Economy Week Ahead: U.S. Jobs Report, Brazil GDP, Eurozone Inflation