US job growth »

  • H.S. Borji

    US employment rose faster than forecast in February as the unemployment rate fell to a more than six-and-a-half year low, adding further evidence the labour market was heading toward full employment and raising speculation the Federal Reserve may be open to a June rate adjustment. Employers added 295,000 nonfarm payrolls last month, following a downwardly

  • The US economy added 204,000 nonfarm payrolls in October, as businesses continued to ramp-up despite the government shutdown. Job creation exceeded forecasts by some-80,000. Official government data exceeded the ADP Institute’s prior estimate, which showed the economy added 130,000 payrolls last month. Economists forecasted a much steeper drop in overall business activity amid the 16-day