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Showing 1 - 10 of 41 results for "BLS"

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
... back on track in the December 2021 quarter. There were good news in the US labour market. The Bureau of Labor Statistics (BLS) reported that non-farm payrolls grew by 943K in July. This is the biggest addition to employment in 11 months and greater than ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... determining its next policy move only a month apart? Wall Street rallied last month when the US Bureau of Labor Statistics (BLS) reported that the US economy added 266,000 jobs in April, well-below market expectations for a nearly 1 million gain (978,000 ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... would reduce its policy accommodation in the very near future. The day was June 4 - the day the US Bureau of Labor Statistics (BLS) reported that the economy generated only 559,000 jobs in May, missing consensus expectations for the creation of 650,000 ...

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
... the week that was. Concerns over US inflation eased somewhat at the start of last week after US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added 266,000 jobs in April, well below market expectations for ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
... policy accommodation sooner than its peddling, sparked by resurgent concerns over inflation. The US Bureau of Labor Statistics (BLS) reported that headline inflation rose by 0.8% over the month of April - the biggest increase since June 2009 and four ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... on May 7 - the Dow and the S&P 500 index even rallied new record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added 266,000 jobs in April, well-below market expectations for ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
Talk about perfect timing. The US Bureau of Labor Statistics' (BLS) disappointing update on the state of employment in America couldn't have come at a more opportune time - the time when fresh president of the US, Joe Biden, is bidding the Congress ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
The US labour market continues to get betterer and betterer. The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.37 million in August - in line with market expectations and marked the fourth straight month of increase ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
... There's good news and bad news in the US labour market report for July. First, the good news: The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.8 million in July - more than market expectations for an increase ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... 500 up 1.7%; DJIA up 1.9%; Nasdaq up 1.6%; Russell 2000 up 3.6% -- on the same day that the US Bureau of Labour Statistics (BLS) released actual non-farm payrolls numbers, underscoring the bother Uncle Sam finds itself in. The US unemployment rate soared ...
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