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November US jobs report shows rising unemployment and steady private payroll growth for Fed US unemployment rate: The US unemployment rate rose to 4.6 per cent in November, reaching the highest level in more than four years, in a sign of continued weakness in the labour market. The increase came despite the economy adding 64,000…
Asian markets traded in a narrow range on Friday, wrapping up a strong week for global equities amid growing expectations that the US Federal Reserve will cut interest rates again next month. South Korea’s Kospi, Japan’s Nikkei 225 and Hong Kong’s Hang Seng index were trading lower, while China’s Shanghai Composite edged into positive territory….
Fewer Americans applied for unemployment benefits last week, signalling continued stability in the labour market even as several large companies announced job cuts. According to AP, jobless claims fell by 6,000 to 216,000 in the week ending November 22, undershooting economists’ expectations of 230,000.Applications for unemployment aid — a key proxy for layoffs — remain…
US employers added surprisingly solid 119,000 jobs in September, government says in delayed report. (AP File Photo) The US labour market added 119,000 jobs in September, according to a long-delayed report from the Bureau of Labor Statistics (BLS). The figure exceeded the Dow Jones consensus estimate of 50,000 and follows a revised August figure showing…
The US labour market is navigating uncharted waters. In August 2025, total nonfarm payroll employment increased by just 22,000 jobs, marking a significant slowdown compared with prior months and signaling a potential cooling in the post-pandemic recovery phase. According to the report obtained by the Bureau of Labor Statistics (BLS), the unemployment rate remained steady…
