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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…
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…
American consumers became less confident of the US economy in August, as worries over the jobs market continuing to mount for the eighth month in a row.Figures released on Tuesday by the Conference Board showed that its consumer confidence index slipped to 97.4 in August from 98.7 in July, a 1.3-point decline. The reading, though…
