ShreeMetalPrices: Job Growth has Slowed but Held Intact, Causing Markets to Fall on Fears of Steep Hikes.
Employers added a still-reliable 263,000 jobs in September, slowing the nation’s employment growth for the second consecutive month. This indicates that the labour market’s resilience is now being hammered by high inflation, increasing interest rates, and a slowing economy. The Labor Department said on Friday that the jobless rate decreased from 3.7% to 3.5%, regaining […]
ShreeMetalPrices: Gold Prices are Keeping Steady as Weekly Jobless Claims in the United States Rise by 29K.
The number of workers who registered for benefits for the first time last week exceeded expectations, marking a significant increase from the previous week’s six-month low. The U.S. Labor Department said on Thursday that weekly unemployment claims increased by 29,000 to 219,000, from a revised estimate of 193,000 claims the previous week. Recent job market […]