Payrolls jumped in July for a second month and wages climbed, pointing to renewed vigor in the U.S. labor market that will sustain consumer spending into the second half of the year.
Payrolls climbed by 255,000 last month, exceeding all forecasts in a Bloomberg survey of 89 economists, following a 292,000 gain in June that was a bit larger than previously estimated, a Labor Department report showed Friday. The jobless rate held at 4.9 percent as many of the people streaming into...
16:32 Employers added solid 178,000 jobs in Nov11
14:36 U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent15
18:05 DP World, Quebec's Caisse to create C$5 billion investment vehicle20
13:41 Solid Job Growth Strengthens Prospect for a Fed Rate Increase12