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All posts tagged "Labor Market Trends"

'This is not good': Experts pounce on 'terrible' report showing Trump's latest 'huge miss'

'This is not good': Experts pounce on 'terrible' report showing Trump's latest 'huge miss'

Experts Friday reacted to a weak jobs report, which they say signals a shaky labor market — and the latest hit to President Donald Trump's economy.

Market analysts weighed in after the Labor Department revealed that 92,000 jobs were cut in February and unemployment has climbed to 4.4 percent, The New York Times reported. The report comes as uncertainty rises around the economy and America's growing conflict in the Middle East.

The Trump administration has blamed the weaker-than-expected report partially on the winter storms and strikes last month, according to The Times. And although weather can play a factor in unemployment, the data for February jobs doesn't necessarily tie solely to weather....

Jobless claims fall, 4-week average at 6-month low

Jobless claims fall, 4-week average at 6-month low

WASHINGTON (Reuters) - New claims for unemployment benefits fell last week and a gauge of labor market trends hit a six-month low, a government report showed on Thursday, pointing to an improvement in the jobs market.

Jobless claims fall 12,000 last week

Jobless claims fall 12,000 last week

WASHINGTON (Reuters) - New claims for unemployment benefits fell as expected last week, a government report showed on Thursday, showing little sign of a pick-up in layoffs in the wake of a slump in business and consumer confidence.