Jobs growth surges in October, but fails to meet experts’ expectations

Jobs growth surges in October, but fails to meet experts’ expectations

The pickup in average hourly earnings in the October jobs report is one sign that wage growth, a key piece of the inflation picture, is becoming more robust. As Renaissance Macro Research’s Neil Dutta put it in a research note Friday morning, "Phillips Curve comes back to life.".

Latest Jobs Report Shows Highest Employment Growth in 8 Months. A modest 144,000 jobs were created in April. May’s figure was revised lower, while April’s is higher than initially reported. The unemployment rate rose to 4.9 percent from 4.7 percent as more Americans began looking for jobs, a sign they were more confident about their prospects.

In 1999, growth began to slow, but McDonald’s continued down the growth path, also acquiring other restaurant chains, despite the fact that this strategy was eroding its earnings and depressing.

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U.S. job growth accelerated in May and the unemployment rate dropped to an 18-year low of 3.8 percent, pointing to rapidly tightening labor market conditions, which could stir concerns about.

Of those, single-family housing starts increased 5.3% from last month to 930,000, up from 883,000 in October. One expert explained this surpassed analysts expectations. but shows builders are.

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SYDNEY — Australian employment growth surged beyond expectations in January, ramping up pressure on the Reserve Bank of Australia to resume raising interest rates at its next policy meeting March 2.

Forbes Media Chairman Steve Forbes, former investment banker Carol Roth and Barron’s senior editor Jack Hough discuss the jobs report and President Trump’s tariff plan.

Keep in mind, Fed Fund futures still show a 50/50 chance for another 25bp reduction in October, but the fresh updates to the US Non-Farm Payrolls (NFP) report may push the central bank to the.

November Employment Growth Meets Expectations.. We have now seen a record 74 months of job growth.. We had seen a 0.4 percent surge in October over September.

U.S. job growth surges, unemployment rate near six-year low. Job growth averaged 231,000 per month in the first half of the year, the best start since 2006.. the biggest gain since October.

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