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Showing 1 - 10 of 53 results for "US Labor Department"

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... and workers in a better position to resume work and re-boot the economy once the virus is contained," the US Labor Department said. It comes a week after US President Donald Trump signed a US$2 trillion stimulus package, the largest in the country's ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
The numbers are in, and the US Economic Policy Institute's (EPI) estimate of unemployment claims, if not right on the dot, was way inside the ballpark. EPI estimated 3.4 million workers filed for unemployment in the week ended March 21, that it ...

Market to open lower

AAP  |  FRIDAY, 3 JUL 2015
... per cent) to 2,076.78, while the tech-rich Nasdaq Composite Index shed 3.91 (0.08 per cent) at 5,009.21. The US Labor Department reported that the US economy added a solid 223,000 jobs in June. However, the report also said hourly earnings were flat ...

Market wrap

AAP  |  MONDAY, 9 MAR 2015
... increased prospects of a hike in US interest rates weighed on Wall Street. Strong jobs growth data from the US Labor Department has raised expectations the Federal Reserve will soon lift interest rates. The US economy added 295,000 jobs in February ...

Market Wrap AM

AAP  |  MONDAY, 9 MAR 2015
... the ECB announced its bond purchases will start next week. The euro tanked against the US dollar after the US Labor Department said the US economy pumped out a stronger-than-expected 295,000 net new jobs in February. HONG KONG - Asian markets mostly ...

Market Wrap AM

AAP  |  MONDAY, 9 FEB 2015
... At 0813 AEDT on Monday, the March share price index futures contract was up six points points at 5,758. The US Labor Department said the US economy added 257,000 jobs in January, better than the 235,000 projected by analysts. The report also included ...

Market Wrap AM

AAP  |  MONDAY, 8 DEC 2014
... price index futures contract was up 27 points at 5,360. The Dow closed just shy of the 18,000 mark after the US Labor Department reported that a much stronger-than-expected 321,000 jobs were added to the economy in November, the best jobs growth in nearly ...

Market Wrap AM

AAP  |  THURSDAY, 27 NOV 2014
... data. At 0908 AEST on Thursday, the December share price index futures contract was unchanged at 5,407. The US Labor Department said weekly applications rose 21,000 to a seasonally-adjusted 313,000, the highest level since the first week of September. ...

Market Wrap AM

AAP  |  FRIDAY, 23 MAY 2014
... Weakness in the Russell 2000 has contributed to the broader market's malaise over the last month or so. The US Labor Department reported initial jobless claims, a measure of the pace of layoffs, totalled 326,000 in the week ending May 17, a gain of 28,000 ...

Market wrap

AAP  |  MONDAY, 5 MAY 2014
... that wages did not increase, which showed there was still plenty of slack in the US employment market. The US Labor Department said on Friday that nonfarm payrolls surged 288,000 last month, the largest gain since January 2012. On the local front, figures ...
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