toptestmotor.com
toptestmotor.com Octubre 22, 2017


USA data due today - Nonfarm payroll for September - Preview.

06 Octubre 2017, 11:02 | Azura Castelo

US Jobless Claims Fell Last Week

US Jobless Claims fall 12000 to 260000

Economists had predicted nonfarm payrolls would increase by 90,000 jobs last month.

Restaurants and bars took the biggest hit.

The U.S. economy lost 33,000 positions last month, largely due to hurricanes Harvey and Irma.

In September, health care added 23,000 jobs, in line with its average monthly gain over the prior 12 months (+27,000).

It came as no surprise to economists that the September jobs numbers were weak, after back-to -back hurricanes pounded the Southeast.

Meanwhile, Capital Economics' chief USA economist Paul Ashworth said that the Federal Reserve and the markets will just ignore this report since a recovery is inevitable. Mark Zandi, chief economist at Moody's Analytics, which helps compile the report, said the storms probably cost roughly 50,000 to 60,000 jobs.

But a survey of USA households showed that employment grew by a 906,000 in September, helping push down the jobless rate to the lowest level since February 2001.

At the same time, unemployment rolls fell by 331,000, which itself is not a record but is the lowest since July 2001.

The fast food sector isn't known for paying its workers a lot of money - despite some recent minimum wage increases across the nation and moves by individual companies like McDonald's to boost hourly wages. That survey counted people as employed even if they were temporarily off work because of the storms.

"My guess is that was skewed", Faucher said.

Odds that the Federal Reserve will hike its key interest rate in December were almost 90% before the jobs data, but markets don't expect a subsequent hike until September 2018.

Excluding the hurricanes' effect on the monthly hiring data, several indicators suggest that the economy and the job market remain on firm footing.

And, since jobs data is collected during the week that contains the 12th of the month, September figures captured the tail end of Hurricane Irma as well as the extended impacts of Harvey. But don't read too much into that decline - Hurricanes Harvey and Irma, which ravaged Texas and Florida, wreaked havoc on employment.

The Federal Emergency Management Agency declared 87 counties as disaster areas in the two states. That survey showed national employment rose, along with a growing labor force.

The jobs report does not include the U.S. Virgin Islands and Puerto Rico.

In September, the pool of unemployed individuals was at 6.8 million. That could make the household survey a cleaner reading on underlying labor-market conditions last month.

Asian unemployment rates dropped 0.3 percentage points to 3.7 percent.



Otras noticias

Tendencias Ahora

NRA says it's open to regulation of bump stocks
Other lawmakers from the GOP, traditionally the pro-gun, NRA-backed party, said they were open to such a legislation . Speaker Paul Ryan said in an interview with MSNBC that aired Thursday it's "clearly something we need to look into".

Sales steady at local gun shop following deadly Las Vegas shooting
He said there is a lot of red tape if someone would want a fully automatic weapon , and the bump stock is away to cheat that. The movement enables a stationary trigger finger to dramatically increase the number of rounds per minute the gun can fire.

Latest Play Store update hits web as version 8.2.58 [APK]
However, with no exposure on the Google Store , the wearable device operating system will likely fall behind Apple's watchOS. It will now only offer products made by Google , with the exception of Nest (which Google owns) and some accessories.

Google's Pixel 2 phones to provide faster charging with 27W adapters
But what if the sounds you're listening to can't actually be interpreted by you? Both speakers are due to hit stores in December. In addition to the smartphones, accessories and the speakers connected, Google has introduced a new laptop: the Pixelbook .

Brazil U-17 vs Spain U-17: how and where to watch
The competition was founded by Federation Internationale de Football Association in 1985 as the U-16 World Championship. We are still the best and we are going to prove to everyone that we are still the leaders.

IPhone 8 Plus's battery is leaking, he's blowing up his safe!
Both phones are powered by Qualcomm's Snapdragon 835 processors and run Oreo, the latest version of the Android operating system. While the iPhone 8 and iPhone 8 Plus were lacklusture in comparison to iPhone X , this was perhaps the last thing Apple wanted.

Trump Visiting Las Vegas To Meet With Shooting Survivors, Law Enforcement
On Wednesday in Las Vegas , Trump is meeting with survivors, their families, law enforcement personnel and first responders. I'm not saying we could have caught it but we know what to look for, we've been in business for 30 years." said Peddle.

Vegas Shooter Reportedly Targeted Lollapalooza Prior To Attacking Another Festival
However, Paddock never checked into the hotel and there is now no evidence that supports he was in Chicago around those dates. CBS News has reported he did scout other hotels and concert venues in the Las Vegas area, looking to book specific rooms.

'Bump stocks' ban bill receives bipartisan support
Feinstein said the bill was a product of months of negotiations, compromises, and one-on-one meetings with wobbling senators. It is the Republicans who refuse to allow any common-sense legislation to limit the type and size of guns.

Short work: Aaron Rodgers, Jordy Nelson cashing in on red zone chances
Rodgers complimented Jones "natural" rushing skills. "The only stat that really matters is getting a "W", Martellus Bennett said". Marinelli needs his defensive linemen to stay disciplined in their pass-rushing lanes on Sunday. "He's exceptional in every way".