America’s jobs boom rolls on, fuelling fears of sustained inflation

(FILES) In this file photo taken on June 03, 2022, people walk past a "now hiring" sign posted outside of a restaurant in Arlington, Virginia. - The US economy continued to add jobs in June at a rapid pace, while the unemployment rate held steady at 3.6 percent and wages rose, according to government data released on July 8, 2022. There were 372,000 new positions added in the month, far more than economists expected, the Labor Deparment reported. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)

It would normally be cause for unalloyed celebration. According to figures released on August 5th, America’s unemployment rate in July fell to 3.5%, matching a half-century low hit just before covid-19. Moreover, with nearly 530,000 jobs created last month—more than twice as many as expected—the economy has now recovered all of the jobs lost during … Read more

Dow Jones Up Despite Fed Fears After Jobs Report; Biden Bill Progress Lifts Solar Stocks; Tesla Stock Falls After This

The Dow Jones Industrial Average reversed higher and indexes were off their lows after a shockingly hot July jobs report raised Fed rate hike fears. Solar plays that include SolarEdge (SEDG) were mostly positive, reacting to progress on the Biden spending bill. Tesla (TSLA) fell even though shareholders approved a 3-for-1 stock split. Meanwhile, a … Read more

US adds 528,000 jobs in surprise gain for labour market

The US economy unexpectedly added 528,000 jobs last month and the unemployment rate returned to a half-century low, easing concerns of a recession as the labour market remained buoyant even in the face of high inflation, tighter monetary policy and reduced fiscal support. The data showed an acceleration in the pace of job creation compared … Read more

Stocks Slide On Strong Jobs Report

The Dow Jones Industrial Average trimmed losses Friday morning after a stronger-than-expected July jobs report. Square-parent Block (SQ) dived as much as 7.6% on its earnings report before slashing losses. And Tesla stock traded lower after shareholders approved plans for a 3-for-1 stock split. X Key earnings movers Friday include AMC Entertainment (AMC), Amgen (AMGN), Funko … Read more

Is the economy in a recession? ‘What you call it is less relevant,’ says one economist: Here’s ‘what really matters’

‘We should have an objective definition’ Officially, the NBER defines a recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months.” In fact, the latest quarterly gross domestic product report, which tracks the overall health of the economy, showed a second consecutive contraction this year. Still, … Read more

Stocks climb ahead of U.S. jobs data

Asian shares set for third straight week of gains Taiwan leads Asian gains; U.S. European share futures up Treasury yield curve remains sharply inverted Oil edges off near six month lows HONG KONG, Aug 5 (Reuters) – Asian shares gained on Friday ahead of U.S. jobs data that will give another clue to the health … Read more

Wall Street ends mixed as investors eye jobs data

Indexes: Dow slips 0.26%, S&P off 0.08%, Nasdaq up 0.41% Energy stocks down as oil slumps to pre-Ukraine war level Eyes on Friday’s nonfarm payrolls report Aug 4 (Reuters) – Wall Street’s main indexes ended mixed in a dull session on Thursday as gains in high-growth stocks offset losses in energy shares, with investors looking … Read more

Utah researchers find patients with specific cancer at higher risk for mental health issues

Estimated read time: 2-3 minutes SALT LAKE CITY — New research out of Huntsman Cancer Institute reveals that Hodgkin lymphoma patients and survivors are more likely to suffer from mental health and substance abuse disorders than the general population. The lead researcher sees this as a call to action for mental health support. Researchers at … Read more

HARVESTELLA details spring town Nemea, resident Istina, jobs, character stories, more – Gematsu

HARVESTELLA

Square Enix [4,955 articles]” href=”https://www.gematsu.com/companies/square-enix”>Square Enix has released new information and screenshots for HARVESTELLA [1 article]” href=”https://www.gematsu.com/games/harvestella”>HARVESTELLA, introducing the story and environment of the spring town Nemea, town resident Istina, jobs, character stories, and more. Get the details below. ■ The Town of Spring: Nemea Welcome to Nemea! In this beautiful town, the flowers bloom … Read more

Cramer’s week ahead: Jobs report on Friday will make or break July’s rally

CNBC’s Jim Cramer on Monday said the most important data this week is the Bureau of Labor Statistics release of the July nonfarm payrolls report on Friday morning. “If it shows some job growth with no wage inflation, then the fabulous July rally can stand. But if it shows booming hiring with exceptionally large wage … Read more