Year-ahead inflation expectations increased from 2.8% in December to 3.3% in January….Read More
Tag: financial market
December Jobs Boom: 256K Added as Unemployment Holds at 4.1%, Wage Growth Steady
Government employment continued its upward trend, adding 33,000 jobs in December, bolstered by state government hiring (+10,000). However, the sector’s monthly average growth of 37,000 jobs in 2024 trailed the…
JOLTs Job Openings Beat Expectations; SP500 Falls Below 5960
Today, traders also had a chance to take a look at the ISM Services PMI report for December. The report showed that ISM Services PMI increased from 52.1 in November…
U.S. Job Growth Slows as Unemployment Claims Drop – Is the Labor Market Cooling?
The insured unemployment rate held steady at 1.2% for the week ending December 28, indicating no significant shift in the broader employment landscape. However, the number of insured unemployed rose…