11 seconds ago | 2 mins read Bitcoin News The 3.6% unemployment rate just published is at its lowest level since May 1969. The news triggered a small surge in Bitcoin’s (BTC) price, taking it above $2...
Tag: Unemployment
Labor Market Added 311,000 Jobs In February—But Unemployment Rate Unexpectedly Rose To 3.6%
Topline Amid waves of layoffs continuing to hit some of the nation’s largest employers, the unemployment rate unexpectedly ticked up last month despite the labor market gaining significantly more jobs...
Bitcoin breaks $20k following NFP and unemployment data, as markets favour 25bps instead of 50bps
Quick Take +311k jobs created vs. estimate of +205k. 3.6% unemployment rate vs. an estimate of 3.4% Bitcoin broke $20,000 immediately after DXY retreats to 104.8, which sees an uplift on major currenc...
U.S. Unemployment Rate Rises To 3.6%; Bitcoin Price Spikes
The United States has reportedly added 311,000 jobs during the month of February, according to the Bureau of Labor Statistics’ most recent data on nonfarm payrolls. This is relatively far more than th...
ETF fund manager bets on the robot boom
Artificial intelligence isn’t just a hot topic in Hollywood. While horror robot movie “M3gan” racks up millions at the winter box office, the ETF industry is seeing opportunities fro...
Jim Bianco warns stocks face serious competition
Traditional savings accounts are going up against stocks. And, the winner may be your neighborhood bank for the first time in years, according to Wall Street forecaster Jim Bianco. He contends rising ...
Will The U.S. See A Recession? Key Metrics Offer Divergent Takes
The U.S. yield curve implies a recession is coming, but the jobs market is very robust, which is the … [+] better recession predictor? (Photo by Drew Angerer/Getty Images) Getty Images An invert...
Yellen Downplays Recession Fears After U.S. Unemployment Reaches 54-Year Low
Topline U.S. Treasury Secretary Janet Yellen expressed confidence the U.S. can avoid a recession after adding more than 500,000 jobs in January that brought unemployment to a 54-year low, –despite a r...
$20K Bitcoin may return, says analyst as US unemployment hits 54-year low
Bitcoin (BTC) fell prior to the Feb. 3 Wall Street open as fresh United States economic data came in “hot hot hot.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Think again” over U.S. ...
U.S. Unemployment Rate Falls To 3.4%; Crypto Turns Red
The most current report on nonfarm payrolls from the Bureau of Labor Statistics indicates that the United States added 517,000 jobs for the month of January. Although this is a higher number than the ...
U.S Unemployment Rate Figure Lower Than Expected at 3.4%
Bitcoin News Statistics show that in January, a staggering 517k new employment were created. The addition of new employment is good for the Dollar but bad for Bitcoin. The market has reached a point ...
Payrolls surge by 517,000, unemployment rate falls to 3.4%
U.S. job growth blew past expectations in the first month of the year as the labor market continued to breeze through inflation-fighting monetary tightening by the Federal Reserve. The Labor Departmen...
Payrolls increased by 517,000, unemployment rate at 53-year low
The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their strongest gain since July 2022. Nonfarm payrolls increased by 517,000 for January, above the Do...
Why 2022 was the ‘real year’ of the Great Resignation
andresr | E+ | Getty Images More than 50 million workers quit their jobs in 2022, according to federal data, breaking a record set the year prior and demonstrating the resilience of a hot labor market...
Robert Kiyosaki Says ‘We Are in Global Recession’ — Warns of Soaring Bankruptcies, Unemployment, Homelessness – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that we are in a global recession. Warning of soaring bankruptcies, unemployment, and homelessness, he noted that th...
What The Berenstain Bears Could Teach President Biden About How Jobs Are Created
“No need to worry, no need to fret. The thing for you may not have been invented yet.” – The Berenstain Bears. The Berenstain Bears is a much-beloved collection of children’s books offering lessons ab...
U.S. unemployment system still plagued by delays 3 years post-pandemic
People wait in line to attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. Patrick T. Fallon | Afp | Getty Images These days the U.S. unemployment system is somewhat of an an...
Unemployment Is Low, But So Is The Labor Force Participation Rate — What’s Going On In The U.S. Labor Market?
Getty Images Key takeaways Unemployment has consistently fallen since December 2021 One factor behind declining unemployment could be a slow recovery in the labor force participation rate since the on...
JPMorgan’s Kolanovic sees correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, tell...
A Change In Philosophy At The Fed Is Long Overdue – Part Two
Federal Reserve Chair Janet Yellen, center, Stanley Fischer, left, vice chairman of the Board of … [+] Governors of the Federal Reserve System, and Bill Dudley, the president of the Federal Rese...
Black Women Are Being Cropped Out Of The Unemployment Wave At 5.5%
Worn out African American woman doing freelance work on a laptop and struggling with a problem getty The labor market is recovering from the pandemic with the overall U.S. unemployment rate falling to...
U.S. Unemployment Rate Falls 3.5%; Crypto Market Turns Bullish
According to the most recent Nonfarm Payrolls report from the Bureau of Labor Statistics, the United States added 223,000 jobs in the month of December. This was a decrease from the previously reporte...
U.S. Unemployment Rate Plummets to 3.5% in December
7 hours ago | 2 mins read Bitcoin News The 3.5% rate reported in the official report was lower than expected (3.7%). The data revealed that median hourly wages increased by 0.30 percent last month. Th...
Nonfarm payrolls rose 223,000 in December, as strong jobs market tops expectations
Payroll growth decelerated in December but was still better than expected, a sign that the labor market remains strong even as the Federal Reserve tries to slow economic growth. Nonfarm payrolls incre...
ADP jobs report December 2022:
The jobs market closed out 2022 on a high note, with companies adding far more positions than expected in December, payroll processing firm ADP reported Thursday. Private payrolls rose by 235,000 for ...
India’s numerous jobs scams show the depth of its unemployment crisis
Indians looking to escape the country’s chronic unemployment rut frequently fall prey to rackets. One such ring has reportedly conned at least 50,000 people since 2020, making it one of India’s bigges...
Jobs Strength Won’t Last
(Photo by Joe Raedle/Getty Images) Getty Images For a while, a strong jobs picture has defied other evidence of a softening economy, perhaps even a recessionary one. Before the election, when the Whit...
Unemployment rate falls to 3-month low in Japan; Monthly retail sales slow
Following the surprise decision by Governor Kuroda and the Bank of Japan to raise the cap on the 10-year government bond yields last week, the country’s unemployment data showed a decline to 2.5% for ...