FOREX TradingCharts.com

Financial News: U.S. Employment Jumps More Than Expected In August

U.S. Employment Jumps More Than Expected In August

09/07/2018 - 08:39:00 (RTTNews)

(RTTNews) - After reporting weaker than expected job growth in the previous month, the Labor Department released a report on Friday showing employment in the U.S. jumped by more than expected in the month of August.

The Labor Department said non-farm payroll employment surged up by 201,000 jobs in August after climbing by a downwardly revised 147,000 jobs in July.

Economists had expected employment to increase by about 191,000 jobs compared to the addition of 157,000 jobs originally reported for the previous month.

Despite the stronger than expected job growth during the month, the unemployment rate held at 3.9 percent in August compared to expectations for a drop to 3.8 percent.

The report also said the annual rate of average hourly employee earnings accelerated to 2.9 percent in August from 2.7 percent in July. Wage growth had been expected to remain unchanged.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


SECO Raises Swiss GDP Growth Outlook (47 min(s), 22 sec(s) ago)
(RTTNews) - The Swiss federal government's expert group raised its growth outlook for 2018 but ...Full Story»

Europe's Passenger Car Registrations Increase: ACEA (01 hr(s), 29 min(s), 22 sec(s) ago)
(RTTNews) - Europe's passenger car registrations increased at faster rates in July and August, ...Full Story»

Australia Westpac Leading Index Signals Slowing Growth Momentum (02 hr(s), 10 min(s), 22 sec(s) ago)
(RTTNews) - Australia's leading index signaled a slowing growth momentum into the second half ...Full Story»

European Economics Preview: UK Inflation Data Due (02 hr(s), 38 min(s), 22 sec(s) ago)
(RTTNews) - Consumer and producer prices from the UK and current account from euro area are due on ...Full Story»

Malaysia's Inflation Eases More Than Forecast (03 hr(s), 02 min(s), 22 sec(s) ago)
(RTTNews) - Malaysia's inflation eased more-than-expected in August on fuel cost, figures from ...Full Story»

BoJ Maintains Monetary Stimulus (03 hr(s), 25 min(s), 22 sec(s) ago)
(RTTNews) - The Bank of Japan kept its ultra-loose monetary policy unchanged, as widely expected, ...Full Story»

Japan Has Y444.594 Billion Trade Shortfall (27 min(s), 38 sec(s) ago)
(RTTNews) - Japan posted a 444.594 billion yen trade deficit in August, the Ministry of Finance sa ...Full Story»

New Zealand Q2 Current Account Deficit NZ$2.7 Billion (27 min(s), 38 sec(s) ago)
(RTTNews) - New Zealand's seasonally adjusted current account deficit fell to NZ$2.7 billion f ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

SECO Raises Swiss GDP Growth Outlook

09/19/2018 - 03:00 AM (RTTNews)
(RTTNews) - The Swiss federal government's expert group raised its growth outlook for 2018 but ...Full Story>>

Europe's Passenger Car Registrations Increase: ACEA

09/19/2018 - 02:18 AM (RTTNews)
(RTTNews) - Europe's passenger car registrations increased at faster rates in July and August, ...Full Story>>

Australia Westpac Leading Index Signals Slowing Growth Momentum

09/19/2018 - 01:37 AM (RTTNews)
(RTTNews) - Australia's leading index signaled a slowing growth momentum into the second half ...Full Story>>

European Economics Preview: UK Inflation Data Due

09/19/2018 - 01:09 AM (RTTNews)
(RTTNews) - Consumer and producer prices from the UK and current account from euro area are due on ...Full Story>>

Malaysia's Inflation Eases More Than Forecast

09/19/2018 - 00:45 AM (RTTNews)
(RTTNews) - Malaysia's inflation eased more-than-expected in August on fuel cost, figures from ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.