Articles for tag: Bureau of Labor Statistics, economic implications, job growth, labor force participation, U.S. economy, Unemployment Rate, wage increase

Market News

US Unemployment Rate Drops to 4% as Wages Increase, Signaling Strong Labor Market in Early 2025

The US labor Market demonstrated resilience in January, with the unemployment rate dropping to 4%, the lowest since May 2024. Although the economy added 143,000 jobs—less than the expected 170,000—higher revisions for previous months highlighted a stronger job Market than initially reported. Wages also grew by 4.1% year-over-year, exceeding expectations. Economists see these trends as ...

Market News

USD/CAD Forecast: Dollar Strengthens Amid NFP Impacts and Economic Trends

The U.S. economy experienced significant job growth in December, adding 256,000 jobs and bringing the unemployment rate down to 4.1%. This positive news contrasted with Canada’s impressive gain of 90,900 jobs, far exceeding expectations. As a result, the USD/CAD currency pair showed a slight bullish trend, rising due to strong U.S. employment figures while being ...

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