The local market is tipped to open higher after Wall Street lifted on expectations a US rate hike will be delayed thanks to a weak jobs report.
Before Sunday’s Jets-Dolphins game in London, reports emerged that both coach Joe Philbin and defensive coordinator Kevin Coyle are in danger of losing their jobs. It’s possible that the team leaked that information to see how the team would respond to the news. If so, they didn’t respond well. The score doesn’t scream “embarrassment,” but closer…
Friday's US jobs report combined with the September FOMC decision has significantly altered market expectations for the timing of the first hike by the Federal Reserve. The Fed Funds futures implied probability of a 2015 liftoff has dropped below 30%.S... The post Fed’s lifotff: a shift in sentiment appeared first on The Wall Street Examiner. Show More Summary
By request, a few more employment graphs...Here are the previous posts on the employment report:• September Employment Report: 142,000 Jobs, 5.1% Unemployment Rate• Employment Report Comments and more Graphs Duration of Unemployment This graph shows the duration of unemployment as a percent of the civilian labor force. Show More Summary
WOI anchor Sabrina Ahmed told Republican presidential candidate Ben Carson that his plan to make immigrants take jobs without giving them the same rights as other workers sounded “eerily like indentured servitude.” In an interview that aired on Sunday, Carson said that he would build a...
In their coverage of government and other economic reports, the business press routinely tells readers that the figures they are relaying are "seasonally adjusted." That is, raw results are smoothed out to supposedly "remove normal, recurring variations" in data. There's one notable exception: The government's monthly employment report. Show More Summary
A white Florida police officer is out of a job after his superiors watched video taken by his body-cam showing him Tasering a black man with his hands up as he stood inside the door of his home, the Tampa Bay Times is reporting. “It certainly hurts to (fire an officer), but I’m here to...
As PFT noted this week, Dolphins coach Joe Philbin is on very thin ice. Now a new report out of Miami indicates that Philbin could lose his job as soon as Monday. Armando Salguero of the Miami Herald reports that if the Jets blow out the Dolphins on Sunday in London, Philbin’s job will be…
Probably. It wasn’t just the weaker-than-expected gain of 142,000 payroll jobs in September that disappointed, but also the downward revisions for August from 173,000 to 136,000 and for July from 245,000 to 223,000. These revisions dropped the average payroll gains for the 3 months of the third quarter to 167,000, [...]
The September jobs report was nothing short of disastrous. Not only were far fewer jobs added than we expected, the jobs added were low wage, part-time jobs The post Bartenders And Wait Staff Dominate Jobs Added, Manufacturing Jobs Decline (Fed’s Fischer See No Bubbles) appeared first on The Wall Street Examiner. Show More Summary
It’s time to sit back, relax and enjoy a little joe … And away we go … Credits and Debits Credit: After diving 250 points at the opening bell on Friday — thanks to a very ugly September jobs report — the Dow shook off the news and abruptly reversed course. It then began a […]
Latest labor snapshot is a sharp poke in the eye for those who thought the U.S. economy could escape the global downdraft
Awesome news. Completely unexpected, but awesome. Our friends at The Wrap are reporting that Marvel Studios is closing in on a deal with New Zealand filmmaker Taika Waititi to direct the next Thor sequel, titled Thor: Ragnarok. In addition...Show More Summary
Richard Drew/AP By Noel Randewich NEW YORK -- U.S. stock indexes jumped more than 1 percent Friday as worries about the economy after a disappointing jobs report gave way to a robust rally in energy and materials stocks. The three major...Show More Summary
September’s job reports numbers are out, and they should certainly temper the enthusiasm last month’s numbers stirred. If you’re willing to believe one month’s numbers, which are extrapolated from a sample of 60,000 households, the U.S. Show More Summary
Dow stages remarkable recovery to finish 1.2 per cent higher.
This morning, the Labor Department released the worst jobs report of the year. Hiring was slow. Wages were stagnant. The unemployment rate stayed stable, but only because people were dropping out of the labor force. It was bad enough that at least one prominent economist has ventured the guess that... More »
Look at that: stocks finished green. After a disappointing September jobs report sent markets deep into the red early on Friday, the stock market came storming back and finished green. Just like everybody thought. Shortly after the jobs...Show More Summary
Stocks staged a big comeback into the green after the jobs report. The weaker-than-expected pace of jobs and wage growth was followed by gold rallying, stocks tanking, and treasury yields falling. After rallying through the trading day,...Show More Summary
By request, here is another update of an earlier post through the September employment report.NOTE: Several readers have asked if I could add a lag to these graphs (obviously a new President has zero impact on employment for the month they are elected). Show More Summary