Friday’s monthly jobs report for August points to a further cooling in the labor market, a welcome sign for markets and the Federal Reserve’s inflation fight.
While he’s focused on 187,000 new jobs in August coming in higher than expected, a more crucial factor for him might be the average workweek edging up to 34.4 hours, while employment for temporary workers fell. As of August, the 3-month rolling average was 3.6%. The rule would be triggered if the current unemployment rate holds for two more months, Corey said.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
5 things to know before the stock market opens FridayHere are the most important news items that investors need to start their trading day.
Weiterlesen »
The Investing Club's top things to watch in the stock market FridayEquities opened higher Friday with all three major U.S. indices on track for solid weekly gains.
Weiterlesen »
Berkshire Hathaway Inc. Cl B stock rises Friday, outperforms marketShares of Berkshire Hathaway Inc. Cl B inched 0.63% higher to $362.46 Friday, on what proved to be an all-around great trading session for the stock market,...
Weiterlesen »