DJIA
Last loading.. Chg. loading..
FTSE
Last loading.. Chg. loading..
NDXI
Last loading.. Chg. loading..
POPULAR NEWS
Asia Pacific stocks jump as investors shrug off rising coronavirus cases

Stocks in Asia traded higher on Monday morning as investors shrug off concerns over the rising number of coronavirus cases stateside. The Nikkei 225 in Japan rose 1.34% in early trade as shares of conglomerate Softbank Group and robot maker Fanuc jumped more than 2% each. The Topix index also advanced 1.44%. South Korea™s Kospi gained 0.6%. Meanwhile, Australia™s S&P/ASX 200 added 1.44% as shares of major banks such as Commonwealth Bank of Australia and Westpac surged more than 2%...

Tokyo stocks open higher

Tokyo stocks opened higher on Monday, extending rallies on Wall Street on fresh hopes for coronavirus treatments. The benchmark Nikkei 225 index was up 1.27 percent or 281.98 points at 22,572.79 in early trade, while the broader Topix index gained 1.28 percent or 19.67 points to 1,554.87. Source: AFP

U.S. Payrolls Rise 130,000, Boosted by 25,000 for Census Count
Friday, 6 September 2019 19:59 WIB | ECONOMY |Ekonomi ASNon-Farm EmploymentU.S.Unemployment

U.S. companies' hiring stumbled in August, likely cementing expectations for a second straight Federal Reserve interest-rate cut as trade uncertainty and softer global growth weigh on the outlook.

Private payrolls rose 96,000, a three-month low, after a downwardly revised 131,000 advance the prior month, according to a Labor Department reportFriday that trailed the median estimate of economists for a 150,000 gain. Total nonfarm payrolls climbed a below-forecast 130,000, which was boosted by 25,000 temporary government workers to prepare for the 2020 Census count.

The jobless rate held at 3.7%, near a half-century low, while average hourly earnings topped forecasts with a 3.2% gain from a year earlier and 0.4% from the prior month.

The data suggest bigger cracks are forming in the labor market, which could threaten the chief U.S. economic engine of consumer spending and the record-long expansion itself -- along with President Donald Trump's re-election chances in 2020. With the U.S.-China trade war and weakness abroad already weighing on the outlook and Treasury yields down sharply this year, calls may grow for the Fed to cut interest rates this month by a half point instead of a quarter point.

Fed Chairman Jerome Powell will have a chance to clarify the central bank's outlook on Friday. He is due to speak at 12:30 p.m. New York time, answering questions from a moderator at the University of Zurich.

Economists surveyed by Bloomberg had projected 160,000 new nonfarm jobs with unemployment at 3.7% and annual wage gains at 3%.

Revisions subtracted 20,000 jobs from the prior two months, bringing the three-month nonfarm average to 156,000.

Private employers added an average 129,000 jobs over the last three months. The latest figures contrast with ADP Research Institute data this week showing U.S. companies added 195,000 jobs in August.

Still, there were several signs the labor market remains solid. The participation rate, or share of working-age people in the labor force, increased to 63.2%, while the employment-population ratio rose to 60.9%, both up 0.2 percentage point from the prior month.

That reflected the household survey's count of employment rising by 590,000, while the number of unemployed people fell by 19,000 to 6.04 million.

In addition, two key early indicators of weakness in the U.S. jobs market -- hiring for temporary-help positions and weekly working hours -- strengthened in August.

Source : Bloomberg

RELATED NEWS
U.S. Initial Jobless Claims Fell Last Week by More Than Forecast...
Thursday, 9 July 2020 19:43 WIB

Applications for unemployment benefits in the U.S. declined last week by more than projected, easing concerns of a renewed downturn in the labor market after several large states reported a pickup in ...

U.S. Services Index Jumps to a Four-Month High on Reopenings...
Monday, 6 July 2020 21:14 WIB

A gauge of U.S. service industries jumped to a four-month high in June and showed the resumption of growth as the economy reopened more broadly from pandemic-induced lockdowns. The Institute for Supp...

UK Final Services PMI revised higher to 47.1 for June; GBP/USD holds steady above mid-1.2400s...
Friday, 3 July 2020 15:57 WIB

The headline seasonally adjusted final IHS Markit/CIPS UK Services PMI Business Activity Index posted 47.1 in June, up sharply from 29.0 in May and the highest for four months. This compared with the ...

US NFP surges by 4.8 million in June, Unemployment Rate falls to 11.1%...
Thursday, 2 July 2020 19:50 WIB

Nonfarm Payrolls (NFP) in the US increased by 4,800,000 in June, the data published by the US Bureau of Labor Statistics showed on Thursday. This reading followed May's increase of 2,699,000 (revised ...

ADP Employment Change jumps to +2.36 million in June...
Wednesday, 1 July 2020 19:33 WIB

Employment in the US' private sector rose by 2,369,000 in June, the monthly data published by the Automatic Data Processing (ADP) Research Institue revealed on Wednesday. This reading followed May's ...

POPULAR NEWS
Asia Pacific stocks jump as investors shrug off rising coronavirus cases

Stocks in Asia traded higher on Monday morning as investors shrug off concerns over the rising number of coronavirus cases stateside. The Nikkei 225 in Japan rose 1.34% in early trade as shares of conglomerate Softbank Group and robot maker Fanuc jumped more than 2% each. The Topix index also advanced 1.44%. South Korea™s Kospi gained 0.6%. Meanwhile, Australia™s S&P/ASX 200 added 1.44% as shares of major banks such as Commonwealth Bank of Australia and Westpac surged more than 2%...

Tokyo stocks open higher

Tokyo stocks opened higher on Monday, extending rallies on Wall Street on fresh hopes for coronavirus treatments. The benchmark Nikkei 225 index was up 1.27 percent or 281.98 points at 22,572.79 in early trade, while the broader Topix index gained 1.28 percent or 19.67 points to 1,554.87. Source: AFP

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.