Tag Archives: jobs

Stocks opened Friday’s trading session lower after the June jobs report topped expectations. The US economy created 372,000 jobs in June while the unemployment rate held steady at 3.6% last month, data published Friday morning showed. Following this report, stocks fell with the Nasdaq losing 1% at the market open, the benchmark S&P 500 down about 0.5%, and the Dow off around 0.2%. Treasury yields were higher following this report, with two-year yields rising to 3.13%, further inverting the… Source link

The U.S. labor market remained a bright spot in the economy last month despite mounting talks of a recession, data from the Labor Department showed Friday. Here are the key numbers from Friday’s report: Non-farm payrolls: +372,000 vs. +268,000 expected and a revised +384,000 in May Unemployment rate: 3.6% vs. 3.6% expected and 3.6% in May Average hourly earnings, month-over-month: +0.3% vs. +0.3% expected and a revised +0.4% in May Average hourly earnings, year-over-year: +5.1% vs. +5.0%… Source link

Expanding on its mission as a Hispanic Serving Institution to support Latina/o/x students, UCF has joined a national partnership leading to $50,000 in grant support to provide learning resources for current students and recent alums. The program will serve students of all backgrounds, with an intentional emphasis on ensuring equitable outcomes for Hispanic students . Working with Google, the Hispanic Association of Colleges and Universities (HACU) has selected UCF as a preferred partner for… Source link

U.S. stocks slid Friday to close the week lower as investors weighed May jobs data that likely gave Fed policymakers a signal labor market conditions can weather a more aggressive rate hiking cycle. Friday’s sell-off was led by tech stocks, with the Nasdaq Composite falling 2.5%. The S&P 500 fell 1.6%, while the Dow Jones Industrial Average shed 350 points, or 1%. Treasury yields rose following Friday’s jobs data, with the yield on 10-year Treasury jumping as much as 7 basis points to just… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, June 3, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. The May jobs report will drop in a few hours — or will have dropped a few hours ago, depending on when you check your inbox — and investors will be watching closely. But this report is also… Source link

This story is part of the Behind the Desk series, where CNBC Make It gets personal with successful business executives to find out everything from how they got to where they are to what makes them get out of bed in the morning to their daily routines As far as career accomplishments go, it’s hard to top Eric Schmidt. A self-described software “nerd” from Falls Church, Virginia, Schmidt was hired as Google’s chairman and later CEO by co-founders Larry Page and Sergey Brin in 2001 to provide… Source link

The U.S. labor market extended a streak of strong hiring in March, recording another month of job growth even as decades-high inflation, supply chain imbalances and Russia’s war in Ukraine raised concerns over the economic outlook. The Labor Department reported Friday that non-farm payrolls rose by 431,000 in March. Payroll gains were shy of the 490,000 jobs Bloomberg economists had forecast employers would add and below last month’s blowout tally of 678,000 but still marked an increase… Source link

U.S. stock futures opened slightly higher Thursday evening as traders looked ahead to the start of a new month of trading and a closely monitored new economic report on the state of the labor market. Contracts on the S&P 500 edged up to kick off the overnight session. The index fell for a back-to-back session on Thursday, limping into the final session of March and the first quarter. Investors on Friday are set to closely monitor the Labor Department’s monthly jobs report, offering the most… Source link

AUSTIN (KXAN) — As a Google trends expert, Alex Joseph’s job is to know which jobs Americans are searching for. “First, people are looking for jobs where they don’t have a traditional schedule or a traditional boss. Another thing we are seeing is people looking for jobs that allow them to travel.” Joseph said nationally, the number one job searched on Google is for “real estate agent” followed by “flight attendant.” Google said people are also searching… Source link

Stock futures opened higher Thursday evening as investors awaited a key update on the labor market’s recovery and continued to monitor for global economic fallout from Russia’s war in Ukraine. Contracts on the S&P 500 edged higher. The index fell 0.5% during the regular trading day as technology and growth stocks came under renewed pressure, and the Nasdaq Composite dropped nearly 1.6%. Treasury yields steadied after sliding earlier this week, and the benchmark 10-year yield hovered above… Source link