U.S. and European stock markets sank on Friday in response to drastically poorer than expected
U.S. jobs numbers which weakened the case for a rise in Federal Reserve interest rates this year.
Sure, the majority of those jobs are minimum wage, but as some observers put it, without
them the U.S. jobs numbers would have been a «reversal» or «devastating.»
Not exact matches
It can mask weakness in the market if there are large
numbers of discouraged workers, as in the
U.S. which now has a lower jobless rate than Canada despite a poor
job creation record.
Using figures provided by the
U.S. Bureau of Economic Analysis, Canada's embassy in Washington provides detailed state - by - state data on the
number of
U.S. jobs that depend on Canada-
U.S. trade.
In the
U.S., the
number of
jobs started growing at a slower rate than the nation's productivity around 2000, a trend economists refer to as decoupling.
Unsatisfied with the unemployment rate, the
U.S. Federal Reserve added numerous other labour - related gauges to its dashboard, including participation
numbers and the pace at which Americans were quitting their
jobs.
Witness the country's latest
job numbers — the
U.S. created 54,000
jobs in May, about half of what was expected.
The
number of
job openings in the
U.S. hit a seven - year high in April, reflecting a labor market drawing strength from the nation's economic recovery.
The
number of
U.S. manufacturing
jobs has been on a 30 - year decline.
Friday's report will follow the disappointing
numbers released earlier this month, when the Labor Department estimated that the
U.S. economy added just 142,000 new
jobs, below expectations of at least 200,000.
While men sustained more than 70 % of the
job losses during the recession, new
numbers from the National Bureau of Economic Research in the
U.S. suggest that through 2010, male employment rates increased and eventually surpassed those of women.
That sounds damningly high, but it adds up to just 35,000
jobs per year, or a seventh of the
number of
jobs the
U.S. economy has gained on average per month this year.
Employers offering mass
numbers of
jobs and high - end work moved out of the
U.S. much faster than they moved in — 57 percent head out while just 9 percent thought about moving in.
Indians have emigrated to the
U.S. in large
numbers, they and their children have enriched American universities, and their entrepreneurship and technical skills have produced thousands of
jobs and companies.
U.S. stocks plummeted again on Friday following an uneven August
jobs report that saw the unemployment rate tick downward despite the
number of new
jobs added falling below expectations.
Given December's
number from Labor, the
U.S. economy averaged
job growth of 183,000 per month in 2013.
In real dollars and
number of
jobs, immigrant - founded engineering and technology firms in the
U.S. employed roughly 560,000 workers and generated $ 63 billion in sales in 2012.
International travel to the
U.S. creates and supports a large
number of
jobs in the travel industry.
With
U.S. unemployment hovering around 8 % and the
number of
job seekers even higher in some regions, you might think companies would have no trouble finding eager and suitable candidates for open positions.
Everyone knows there's a red - hot war on among
U.S. startups to secure the best talent, but new
numbers from U.K. startup recruitment event company Silicon Milkroundabout and
job search engine Adzuna.co.uk suggest that the British climate for startup hiring has now moved from simmering to boiling as well.
«While we see a potential drop in total
number of
U.S. jobs created in 2017, as reported by Kiplinger, as well as an overall expected drop in GDP growth, the cannabis industry continues to be a positive contributing factor to growth at a time of potential decline,» says De Carcer in a statement.
After a disappointing
jobs number on Friday, the spread between the
U.S. 2 - year yield and
U.S. 10 - year yield fell to around 72.7 basis points, marking a 10 - year low.
Sitting side by side in the Oval Office, Trump said, «We've become very good friends over a very short period of time,» and produced charts to show the depth of Saudi purchases of
U.S. military hardware and what he said were the
number of American
jobs they are providing.
The
jobs report earlier this month showed that
U.S. employers added 151,000
jobs in August, a solid though somewhat disappointing
number.
TrimTabs» view is that the economy needs to create a minimum of 150,000
jobs per month to absorb all the new people entering the labor force, so its June
numbers suggest the
U.S. is adding
jobs at just half that rate.
While all eyes on Wall Street look to Friday's Labor Department
jobs report for a sense on the direction of the
U.S. economy, TrimTabs economist Madeline Schnapp says those
numbers will grossly overstate the depressing reality.
Polis hopes to increase the
number of EB - 5 Regional Center Program visas — for foreign investors or entrepreneurs that create at least five
jobs for
U.S. citizens or legal immigrants — to 10,000 from 3,000; and create a new class of eligibility called Startup Visas.
Trade Partnership Worldwide, LLC, updated its periodic estimate of the
number of
U.S. jobs that depend on trade.
She has stated over and over that, despite some good monthly
job numbers, unless there is a fundamental strengthening in household income and the housing market, the
U.S. recovery would be in jeopardy.
The bottom line: The two - track trends evident in the September
jobs report are just more signs that the
U.S. economy is doing better than headline
numbers may imply.
Companies claim there just aren't enough highly skilled IT workers in the
U.S. to fill the
number of available tech
jobs.
Opinion: With a significant
number of western Canadian
jobs linked to exports to the
U.S., the region must look for ways to diversify its trade
The
number of
job openings in the
U.S. has touched another record high while the
number of Americans readily available to fill those roles trends lower, according to Labor Department data released Friday.
Houston continues to have a strong housing market and is one of the top
job climates in the
U.S. Houston was the first major city in America to regain every lost
job from the recession and
jobs have increased 230 % since pre-recession
numbers!
The total
number of
jobs in the
U.S. hit a peak of about 138 million in January 2008, one month after the start of the most recent recession.
If the population keeps growing at that same rate, and the
U.S. continues to add
jobs near 2013's pace, then the total
number of nonfarm
jobs in the
U.S. won't get back to where they should be until 2019.
The long
U.S. economic expansion of the 1990s has done more than lower domestic unemployment rates (which was especially valuable during a time of welfare reform, because it enabled large
numbers of recipients to move off welfare into
jobs).
The
number of
jobs in STEM fields is expected to keep growing rapidly, but women are currently very underrepresented, accounting for less than a quarter of employees in the STEM workforce, according to a report by the Economics and Statistics Administration at the
U.S. Department of Commerce.
Trump may try to enact tariffs in the name of
jobs, security, or unequal regulatory standards across nations, but it is not clear how he can create such specific trade measures, without harming a broader swathe of companies that export to the
U.S. Finally, on December 5, a
number of House Republicans publicly expressed opposition to such tariffs.
«In a $ 3.5 trillion budget, there were a
number of ways that Speaker Pelosi could have chosen to pay for health care for these heroes without the bill's massive,
job - killing tax hikes that will send
U.S. jobs overseas.»
The investigation is coming out of the office of the
U.S. attorney of the Eastern District, according to this source, and started after the governor hired a
number of former Obama administration staffers who were out of
jobs after their ex-boss left the White House.
In a question that asks about the
job performance of federal, state and local officials, people in the
U.S. Senate and House of Representatives got the worst
numbers, with more than 70 percent of those surveyed feeling their performance is «just fair» or «poor.»
U.S. Attorney Preet Bharara, who convicted the two former legislative leaders and indicted a
number of Cuomo's associates, said he's been asked by President - elect Trump to continue in his
job in the new administration, and that he's accepted the offer.
And
U.S. Labor Secretary Thomas Perez joins me here in the studio to talk about those new
jobs numbers.
«In preparing Indicators 2004,» wrote the board in A Companion to Science and Engineering Indicators, 2004, «we have observed a troubling decline in the
number of
U.S. citizens who are training to become scientists and engineers, whereas the
number of
jobs requiring science and engineering (S&E) training continues to grow.»
First, by comparing the
number of Ph.D. graduates in a field each year to the
number of people in faculty
jobs in those fields — both using
U.S. data — we can estimate what proportion ends up in academic careers.
Still, the swift evolution of advanced manufacturing provides an opportunity for the
U.S. to reclaim many lost
jobs if it retains a technological edge in the face of major investments in research and development by a
number of
U.S. competitors, they said.
Wadhwa and Arora echoed that argument: Increasing the
number of highly skilled foreign immigrants with degrees in science, technology, engineering, and mathematics (STEM) fields, they each said, would boost America's economy by helping to meet
U.S. employers» workforce needs and stimulating the creation of new companies, and hence new
jobs for Americans.
A 2011 report issued by the American Geophysical Union (AGU), Status of the Geoscience Workforce, argued that based on graduation rates of geoscience graduate students (approximately 1500 per year) and
job - growth
numbers from the Bureau of Labor Statistics, there will be a
U.S. workforce «shortfall» estimated at 30,000 geoscientists by 2018.
The
number of
U.S. workers who use science, technology, engineering and math (STEM) as part of their
jobs has been steadily increasing, according to a recent report.