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Tag: unemployment figures

S&P 500 Clinches Best Week Since November 2022
4Nov By adminNo Comments
World

S&P 500 Clinches Best Week Since November 2022

Updated Nov. 3, 2023 5:26 pm ETThe S&P 500 rallied Friday, capping its best weekly performance since November 2022, after the latest monthly jobs report suggested the Federal Reserve’s interest-rate raising campaign is working.The broad index gained 0.9%, bringing its gains for the week to 5.9%. The index is up 14% this year. The Dow Jones Industrial Average added about 200 points, or 0.7%, on Friday, while the Nasdaq Composite rose 1.4%. Those indexes also recorded their biggest weekly percentage gains of the year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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S&P 500 Clinches Best Week Since November 2022
4Nov By adminNo Comments
Money

S&P 500 Clinches Best Week Since November 2022

Updated Nov. 3, 2023 5:26 pm ETThe S&P 500 rallied Friday, capping its best weekly performance since November 2022, after the latest monthly jobs report suggested the Federal Reserve’s interest-rate raising campaign is working.The broad index gained 0.9%, bringing its gains for the week to 5.9%. The index is up 14% this year. The Dow Jones Industrial Average added about 200 points, or 0.7%, on Friday, while the Nasdaq Composite rose 1.4%. Those indexes also recorded their biggest weekly percentage gains of the year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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S&P 500 Clinches Best Week Since November 2022
3Nov By adminNo Comments
World

S&P 500 Clinches Best Week Since November 2022

Updated Nov. 3, 2023 5:26 pm ETThe S&P 500 rallied Friday, capping its best weekly performance since November 2022, after the latest monthly jobs report suggested the Federal Reserve’s interest-rate raising campaign is working.The broad index gained 0.9%, bringing its gains for the week to 5.9%. The index is up 14% this year. The Dow Jones Industrial Average added about 200 points, or 0.7%, on Friday, while the Nasdaq Composite rose 1.4%. Those indexes also recorded their biggest weekly percentage gains of the year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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U.S. Hiring Slows, a Sign Economy Is Cooling After Hot Summer
3Nov By adminNo Comments
World

U.S. Hiring Slows, a Sign Economy Is Cooling After Hot Summer

Updated Nov. 3, 2023 9:24 am ETHiring slowed sharply in October, a sign the economy is cooling this fall following a hot stretch over the summer.U.S. employers added 150,000 jobs in October, down from the previous month’s revised gain of 297,000, the Labor Department said Friday. That was the smallest gain since June, with automakers having around 33,000 fewer workers on payroll because of the United Auto Workers strike. The unemployment rate rose to 3.9% from 3.8% the prior month.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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New Zealand’s Jobless Rate Rose Sharply in Third Quarter
1Nov By adminNo Comments
World

New Zealand’s Jobless Rate Rose Sharply in Third Quarter

SYDNEY—New Zealand’s unemployment rate rose sharply in the third quarter as the job market cooled due to the strain higher interest rates, while the supply of workers rose due to solid immigration rates.The seasonally adjusted unemployment rate was 3.9% in the third quarter, compared with 3.6% in the prior quarter, StatsNZ said Wednesday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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September Jobs Report Shows U.S. Added 336,000 to Payrolls
6Oct By adminNo Comments
World

September Jobs Report Shows U.S. Added 336,000 to Payrolls

Updated Oct. 6, 2023 8:36 am ETListen to article(2 minutes)Friday’s jobs report showed that hiring accelerated sharply in September, as employers added 336,000 jobs. The unemployment rate held steady at 3.8%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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