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U.S. Employment Jumps More Than Expected, Unemployment Rate Rebounds

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

A closely watched report released by the Labor Department on Friday showed employment in the U.S. jumped by much more than expected in the month of February.The Labor Department said non-farm payroll employment shot up by 311,000 jobs in February after spiking by a revised 504,000 jobs in January.Economists had expected employment to increase by 205,000 jobs compared to the surge of 517,000 jobs o...

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Forex News

Global Economics Weekly Update - May 04 – May 08, 2026

May 08, 2026 15:50 ET
Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.

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