News with the tag "unemployment rate"

The employment market in the U.S. picked up steam in December, with job growth topping economist forecasts by a mile and the unemployment rate unexpectedly dipping. The economy added 256,000 jobs last month, the Bureau of Labor Statistics reported on Friday, topping forecasts for 160,000 and up from...

In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession concerns, Sahm emphasized that the current labor market still shows strength, suggesting the economy may n...

Bitcoin (BTC) is surging past the $61,000 price level as new data reveals that unemployment is on the rise in the US. According to a new economic news release from the U.S. Bureau of Labor Statistics (BLS), fewer-than-expected nonfarm jobs were added in the US during the month of April, contributing...

In accordance with market predictions, the U.S. Federal Reserve decided to halt its rate hike this month after ten consecutive hikes since last year. The members of the Federal Open Market Committee (FOMC) asserted that the U.S. banking system is still “sound and resilient,” and the committee contin...