Employment in the U.S. increased roughly in line with economist estimates in the month of August, according to a closely watched report released by the Labor Department on Friday.The report showed non-farm payroll employment rose by 315,000 jobs in August after surging by a revised 526,000 jobs in July.Economists had expected employment to increase by about 300,000 jobs compared to the jump of 528...
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.