U.S. private payrolls increased more than expected in April while data for the prior month was revised higher, a report showed on Wednesday. Private...
WASHINGTON - U.S. private payrolls increased more than expected in April while data for the prior month was revised higher, a report showed on Wednesday.
It has tended to exaggerate the slowdown in the labor market compared to the official employment data. Federal Reserve officials are later on Wednesday expected to leave the U.S. central bank's benchmark overnight interest rate unchanged in the current 5.25%-5.50% range, where it has been since July.They have raised the policy rate by 525 basis points since March 2022. Financial markets have pushed back expectations of a rate cut this year to September from June.
Total nonfarm payrolls are estimated to have increased by 243,000 jobs after advancing by 303,000 in March. The unemployment rate is forecast unchanged at 3.8% and annual wage growth easing to 4.0% from 4.1% in March.Local TV Anchor Catches Donald Trump Off Guard With A Simple QuestionIt costs you less to trade US stocks at Interactive Brokers than at other brokers. Your capital is at risk.Fox 2During an interview that touched on immigration at the U.S.
The House Judiciary Committee is again singling out a top prosecutor in former President Trump’s hush money case, asking the Department of Justice to turn over the bulk of its communications relating to Matthew Colangelo.
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