Health Care

US Adds a Robust 222000 Jobs in June

US Adds a Robust 222000 Jobs in June”

Health care has added an average of 24,000 jobs per month in the first half of 2017, compared with a monthly average of 32,000 jobs in 2016.

Average hourly earnings rose four cents for the month to US$26.25 (S$36.28), up 0.2 per cent over May and 2.5 per cent higher than June of a year ago.

Economists surveyed by The Wall.

The unemployment rate rose slightly to 4.4 percent from 4.3 percent-a 16-year low hit in May. Since a recent employment low in October 2016, mining has added 56,000 jobs.

United States job growth surged more than expected last month and employers increased hours for workers, signs of labour market strength that could keep the US Federal Reserve on course for a third interest rate increase this year despite benign inflation.

"The manufacturing jobs recovery isn't happening", Kolko said. Average hourly earnings, which currency and bond traders also monitor closely, increased just 0.2 percent in June, down from expectations of a 0.3 percent rise.

Average hourly earnings for all private-sector workers rose by 4 cents in June to $26.25. Remember, the headline unemployment rate declined under Barack Obama because people were leaving the workforce.

In June, the unemployment rate, at 4.4%, and the number of unemployed persons, at 7.0 million, were little changed.

The euro, on the other hand, rose to around $1.1430, from $1.1411 ahead of the jobs report, and was last at $1.1395, down 0.2 percent. Among this group, 514,000 individuals were considered discouraged-not now looking for work because they believe no jobs are available for them.

The remaining 1.1 million people marginally attached to the labor force in June had not searched for work in the past month for reasons such as school attendance or family responsibilities, according to the BLS.



Like this

Latest


08 July 2017
Sentiment Report: Ellington Residential Mortgage REIT (NYSE:EARN)
Wells Fargo & Company MN increased its position in shares of Ellington Residential Mortgage REIT by 894.5% in the first quarter. Gsa Ptnrs Limited Liability Partnership has invested 0.01% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN).

08 July 2017
Google's AI powerhouse DeepMind is opening its first global lab in Canada
Google's artificial intelligence (AI) subsidiary DeepMind has opened its first worldwide research lab in Edmonton, Canada. DeepMind departed its own central London office last summer and moved into Google's swanky new office nearby .

08 July 2017
Southwest Airlines Company (LUV) Getting Favorable News Coverage, Analysis Finds
A number of large investors have recently modified their holdings of LUV. 84 funds opened positions while 163 raised stakes. Guardian Life Insurance Co. of America increased its position in Southwest Airlines Company by 0.6% in the first quarter.

08 July 2017
Secretary of Energy Confuses "Supply and Demand"
Clair, also praised work the lab was doing to identify and extract rare-earth elements from coal and coal byproducts. Energy Secretary Rick Perry has a reputation for verbal gaffes, so the internet pounced on his latest remarks.

08 July 2017
Stock Showing Surging Activity: Ascena Retail Group Inc. (ASNA)
The stock witnessed 15.68% gains, -44.13% declines and -65.71% declines for the 1-month, 3-month and 6-month period, respectively. Two equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock.

08 July 2017
League Report: Drogheda United 0 - 2 Finn Harps
Caolan McAleer was next to have an effort for Harps on 21 minutes as his curling effort was saved low by McGuinness. McAleer was again at the centre of the action on the half hour mark as he went closer again.

08 July 2017
How Analysts Feel About Alliance Resource Partners, LP (NASDAQ:ARLP)?
It dropped, as 126 investors sold AMZN shares while 478 reduced holdings. 80 funds opened positions while 126 raised stakes. On October 5 Deutsche Bank maintained a stock rating of "Buy" but lowered the price expectation from $36.00 to $32.00.

08 July 2017
Root misses double ton, England in control
I've probably bowled a bit safe the past year or so, and today's the first day I went back to an attacking mindset. To complete that double in just 38 games put him right up there with some of Test cricket's greatest all-rounders.

08 July 2017
Price Target Analysis AVEO Pharmaceuticals, Inc. (AVEO)
The range of a day's trading is high-low, and True Range expands into yesterday's close when it lands outside of today's range. Going out even further, the 200-Day Simple Moving Average is recorded -1.34% away from the current share price.

08 July 2017
Mom gets death threats after posting photo of baby's 'piercing'
She reiterated her feeling that "no one has the right to alter, modify or mutilate another person's body" without their consent. Enedina Vance uploaded the photo to Facebook and it has since been shared over 12,000 times, with over 100 comments.



Recommended