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
Achillion Pharmaceuticals (ACHN) Given Media Sentiment Rating of
COPYRIGHT VIOLATION NOTICE: This piece was originally posted by Sports Perspectives and is the property of of Sports Perspectives. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock.

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
Dick's Sporting Goods (NYSE:DKS) Earns Daily News Impact Rating of 0.22
Analysts have placed a $51.58 price target on Dick's Sporting Goods , Inc., suggesting a 30.12% gain from recent close. The stock of TE Connectivity Ltd (NYSE:TEL) earned "Outperform" rating by RBC Capital Markets on Friday, September 25.

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
Evacuation orders issued for parts of BC's interior
A wildfire near Princeton in British Columbia's southern Interior has prompted an evacuation order for homes in the area. Fire crews told a Spotlight photographer that the blaze is spreading at one-quarter kilometer an hour.

08 July 2017
Analysts Set Kimberly-Clark Corporation (KMB) Target Price at $133.50
Montag A And Associate reported 14,572 shares or 0.2% of all its holdings. 22,806 were accumulated by Clarkston Prns Limited Co. Finally, Kistler Tiffany Companies LLC raised its stake in shares of Kimberly-Clark Corporation by 0.5% in the first quarter.

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
Miracle Moment: Michael Bublé's Wife Reveals A Glimpse Of Son's Cancer Recovery
The Canadian singer pulled out of presenting duties at this year's BRIT Awards in December in light of his son's illness. Michael and Luisana have kept the details of Noah's medical treatments private. "We are very happy.

08 July 2017
Peregrine Pharmaceuticals (NASDAQ:PPHM) Receives Media Impact Score of 0.02
A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range. Roth Capital "Downgrades" Peregrine Pharma New (NASDAQ:PPHM) in a research note issued to investors on 2/26/16 to Neutral.

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.