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  • Consumer Price Index and Retail Sales on Tap -- Data Week Ahead

    The following are forecasts for next week's U.S. data from a survey compiled by The Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Monday 1000 Job Openings Jun N/A 5.4 M& Labor Turnover Tuesday 0600 Small Business Svy Jul 97.3 100.6 0830 Producer Price Index Jul +0.3% -0.2%-- ex food& energy Jul +0.1% -0.3%-- ex food, energy, trade Jul +0.2% +0.3% Wednesday 0830 Consumer Price Index M/M Jul +0.3% +0.6%-- ex food& energy M/M Jul +0.2% +0.2% 0830 Consumer Price Index Y/Y Jul...

  • Covid-19 Pandemic Triggers Wave of Long-Term Unemployment

    An increasing number of workers were unemployed for more than three months in July, a signal that the coronavirus pandemic is likely to have a lasting economic impact on many people. The number who were unemployed between 15 and 26 weeks rose by a seasonally adjusted 4.6 million to 6.5 million people last month, according to the Labor Department. The July reading is the highest on record for the category in data going back to 1948, and it is nearly double the prior peak, set in 2009 at...

  • U.S. Stocks Slip at End of Big Week

    U.S. stocks wavered Friday as the latest employment report showed the economy added more jobs than expected last month, though uncertainty surrounding fresh government stimulus threatened to crimp a recovery. Employers added 1.8 million jobs in July and the unemployment rate fell to 10.2%, according to the Labor Department. Economists surveyed by The Wall Street Journal had projected that payrolls grew by 1.5 million and that the unemployment rate dropped to 10.6% from...

  • Unemployment Rate Fell to 10.2% in July, U.S. Employers Added 1.8 Million Jobs -- Update

    Employers added 1.8 million jobs in July, indicating the U.S. economic recovery continued but lost some momentum during the summer coronavirus surge. July's job gain was slower than the previous two months, when payrolls grew a combined 7.5 million as many states lifted lockdown restrictions on businesses. There are now about 13 million fewer jobs than in February, the month before the coronavirus hit the U.S. economy.

  • Treasury Yields Stay Near Record Lows After Jobs Report

    U.S. government bond prices held steady Friday after new data showed the economy added more jobs than expected last month. In recent trading, the yield on the benchmark 10- year U.S. Treasury note was 0.536%, according to Tradeweb, compared with 0.535% Thursday.

  • U.S. Stocks Slip at End of Big Week

    U.S. stocks wavered Friday as the latest employment report showed the economy added more jobs than expected last month, though uncertainty surrounding fresh government stimulus threatened to crimp a recovery. Employers added 1.8 million jobs in July and the unemployment rate fell to 10.2%, according to the Labor Department. Economists surveyed by The Wall Street Journal had projected that payrolls grew by 1.5 million and that the unemployment rate dropped to 10.6% from...

  • U.S. Stock Futures Slip at End of Big Week

    U.S. stock futures slipped Friday as the latest employment report showed the economy added more jobs than expected last month, though the pace of the recovery stalled. Employers added 1.8 million jobs in July and the unemployment rate fell to 10.2%, according to the Labor Department. Economists surveyed by The Wall Street Journal had projected that payrolls grew by 1.5 million and that the unemployment rate dropped to 10.6% from 11.1% in June.

  • U.S. Unemployment Rate Falls in July to 10.2% as U.S. Adds 1.8 Million Jobs -- Update

    Employers added 1.8 million jobs in July, and the unemployment rate fell to 10.2%, so far recovering less than half of the jobs lost due to the coronavirus pandemic. July's job growth followed May and June's combined payroll gain of 7.5 million as many states lifted lockdown restrictions on businesses. There are now about 13 million fewer jobs than in February, the month before the coronavirus hit the U.S. economy.

  • U.S. Stock Futures Slip on U.S.-China Tensions

    U.S. stock futures trimmed their declines Friday after the latest employment report showed the economy added more jobs than expected last month, though the pace of the recovery stalled. Employers added 1.8 million jobs in July and the unemployment rate fell to 10.2%, according to the Labor Department. Economists surveyed by The Wall Street Journal had projected that payrolls grew by 1.5 million and that the unemployment rate dropped to 10.6% from 11.1% in June.

  • U.S. Stock Futures Slip on U.S.-China Tensions

    U.S. stock futures pared their declines Friday after the latest employment report showed more jobs were added than expected last month but the pace of the recovery has lost momentum. Employers added 1.8 million jobs in July and the unemployment rate fell to 10.2%, according to the Labor Department. Economists surveyed by The Wall Street Journal had projected that payrolls grew by 1.5 million and that the unemployment rate dropped to 10.6% from 11.1% in June.

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