Moderate U.S. job growth expected in September

WASHINGTON (Reuters) – U.S. job growth likely picked up in September, with wages increasing solidly, which could assuage financial market concerns that the slowing economy was teetering on the brink of a recession amid lingering trade tensions. The Labor Department’s closely watched monthly employment report on Friday will come on the heels of a string of weak economic reports, including […]

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U.S. job growth slows more than expected; wages, hours pick up

WASHINGTON (Reuters) – U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight month, but strong wage gains should support consumer spending and keep the economy expanding moderately amid rising threats from trade tensions. The Labor Department’s closely watched monthly employment report on Friday also showed a rebound in the workweek as manufacturers […]

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U.S. employment growth slows in July; wages pick up

WASHINGTON, (Reuters) – U.S. job growth slowed in July and wages picked up moderately, which together with an escalation in trade tensions between the United States and China could give the Federal Reserve ammunition to cut interest rates again next month. The Labor Department’s closely watched monthly employment report on Friday came a day after President Donald Trump announced an […]

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U.S. consumer prices rise solidly, but underlying trend tame

WASHINGTON (Reuters) – U.S. consumer prices increased by the most in 14 months in March, but the underlying inflation trend remained benign amid slowing domestic and global economic growth. The mixed report from the Labor Department on Wednesday was broadly supportive of the Federal Reserve’s decision last month to suspended its three-year campaign to raise interest rates. The U.S. central […]

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U.S. job growth surges; annual wage growth largest since 2009

WASHINGTON (Reuters) – U.S. job growth accelerated in August, with wages notching their largest annual increase in nine years, strengthening views the economy was so far weathering the Trump administration’s escalating trade war with China. A man holds his briefcase while waiting in line during a job fair in Melville, New York July 19, 2012. REUTERS/Shannon Stapleton Nonfarm payrolls surged […]

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