Posts

Showing posts with the label Employment

US Jobs report: Increased employment, Economic growth stable

Image
US Jobs report: Increased employment, Economic growth stable Wall Street focus on potential rate cuts U.S. February Nonfarm Payrolls: 275,000 ... up 200,000 for the third consecutive month U.S. February unemployment rate: 3.9% ... has remained below 4% since January 2022 US jobs report Unemployment: FRED unemployment rate increased +0.2 percentage points from the previous month (3.7%, January) to 3.9%. All employees, Total nonfarm: FRED Nonfarm payrolls increased slightly from the previous month (229K, January) to 275K. Along with solid employment, the eye is on the possibility of unemployment exceeding 4%. Since January 2022, the unemployment rate has been below 4% and inflation has been high. Could this change now? Wall Street still sees June as the time for the Fed to cut rates. Powered by, THOTH Investment Support the THOTH Newsroom