Connect with us

Business

Steady Labor Market Keeps Fed on Track for Another Rate Rise

The newest robust employment figures maintain the Federal Reserve on observe to lift rates of interest by either 0.5 or 0.75 percentage point at its assembly later this month to fight excessive inflation.

Employers added 315,000 jobs in August and have added a month-to-month common of 381,000 positions over the previous six months, the Labor Department stated Friday. The unemployment charge elevated—by 0.2 proportion level to three.7%—as a result of extra Americans seemed for jobs in August than in July.

Related Topics:banking Banking/Credit Business C&E Exclusion Filter Central Banking Content Types credit Economic News economic performance Economic Performance/Indicators employment Employment/Unemployment Figures Factiva Filters Fed Federal Reserve Financial Services indicators Inflation inflation figures Inflation Figures/Price Indices Interest Rates IWE Filter labor Market Monetary Policy price indices Rate Rise Steady SYND Tables Track unemployment figures WSJ-PRO-WSJ.com

Record Turkey Prices Are Coming for Thanksgiving

Wage Gains Ease as More Americans Join the Labor Force

Continue Reading

Click to comment

Leave a Reply
Cancel reply

Technology8 months ago

Elon Musk’s affordable internet service Starlink debuts in Japan

Travel8 months ago

Travel agency services market to reach USD 407.7 Bn in 2022

Sports7 months ago

Cam Rising gives No. 20 Utah the lift it needs to stun No. 7 USC

Business8 months ago

Toyota Starts Plant in Junta-Led Myanmar Making 1 to 2 Cars a Day

Fashion6 months ago

US’ Cult&Rain launches metaverse store & 250 core collection sneakers

Entertainment9 months ago

Dancing With the Stars 2022 Cast Revealed

Entertainment8 months ago

Blake Lively and Ryan Reynolds’s Relationship Timeline

World12 months ago

U.K. Economy Shrinks for Second Month as Outlook Dims