jobs
U.S. job growth slows; unemployment rate drops to 4.3 percent
By Reuters : U.S. job growth slowed in May and employment gains in the prior two months were not as strong as previously reported, suggesting the labor market was losing momentum despite the unemployment rate falling to a 16-year low of 4.3 percent.
Daily Wrap Up – 1 June
1 Jun 2017 04:24 PM |Manufacturing data for SMEs was below expectations in China. The Caixin PMI Index recorded only 49.6 points in May, marking the first contraction in factories output for almost a year. This weakness is likely to be temporary under constant signs of improvement in International Economy.
Wall St. set to open higher after strong private jobs data
1 Jun 2017 03:10 PM |By Reuters : U.S. stocks looked set to open higher on Thursday after better-than-expected private sector hiring showed that the labor market continues to strengthen, further boosting chances of a rate hike by the Federal Reserve later this month.
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