Rate rise firms after strong jobs growth

The outlook for fourth-quarter GDP improved markedly after November's strong retail ... in the jobs report. You're running at an almost 3 percent annual rate. With any increase in productivity, you're at 4 or 5 percent GDP" growth, he said.

Dollar is trying to regain some ground in early US session after ultra-low jobless claims and strong ... 0.8% GDP increase in the fourth quarter, with accelerating growth seen in both Germany and France, where fourth quarter growth rates of 1.0% and ...

The unemployment rate held steady at 4.1 percent, the lowest since 2000. Job growth has slowed since ... “It’s a really, really strong economy,” said Tom Gimbel, chief executive of LaSalle Network, a staffing firm in Chicago.

The unemployment rate ... point increase in their EPOP and a 2.7 percentage point drop in their unemployment rate. The job growth in the establishment survey was broadly distributed across sectors. Construction and manufacturing both showed strong gains ...

WASHINGTON (Reuters) - U.S. job growth increased at a strong ... after dipping 0.1 percent the prior month. That lifted the annual increase in wages to 2.5 percent from 2.3 percent in October. Workers also put in more hours last month. The unemployment ...

US jobs ... firms helped to drive the gains, holding the unemployment rate held steady at 4.1%. Economists had expected an increase of about 200,000 jobs, but early festive season hiring and a rebound after two hurricanes earlier this year helped to boost ...

The report shows a strong ... After more than seven years of job gains, wages have been frustratingly stagnant. "Everyone is looking for a bit more in wage growth," Barrera said. She outlined three factors holding wages back: Lack of competition. "Turnover ...

A further strengthening of Australia’s labour market has backed official forecasts of faster economic growth, reinforcing economists’ expectations that wages growth will recover enough to allow the Reserve Bank to consider lifting interest rates from a ... Rate rise firms after strong jobs growth

WASHINGTON (Reuters) - U.S. job growth likely remained strong ... interest rate increase this month despite sluggish wage gains. Nonfarm payrolls probably increased by 185,000 jobs last month, according to a Reuters survey of economists, after surging ...

Source : http://www.theaustralian.com.au/business/opinion/david-rogers-exchange/rate-rise-firms-after-strong-jobs-growth/news-story/40618994fca0068be66f99d930d1ad43

Related Posts