10630
US Jobs Market Firm
World Economy

US Jobs Market Firm

US job growth likely remained firm in January, with a rebound in wages, supporting views that consumers will have enough muscle to carry the economy through tough times. Nonfarm payrolls probably increased 234,000 last month after advancing by 252,000 in December, according to a Reuters survey of economists. It would be the 12th straight month of job gains above 200,000, the longest streak since 1994. “That would be seen as encouraging given everything that is going on in the rest of the world and would reinforce the notion that consumer spending will remain a key pillar of support for the US economy,” said Millan Mulraine, deputy chief economist at TD Securities in New York.

Short URL : http://goo.gl/cXXtBO

You can also read ...

Cyber threats are ever-evolving.
The White House released a report that found that the economic...
Global Investors Target Zimbabwe Energy Sector
Zimbabwe has become a magnet for billionaire global firms such...
BSP said the planned RRR cuts are part of the bank’s financial market reforms.
The Bangko Sentral ng Pilipinas said it was reducing banks’...
FAO regional representative Julio Berdegue (R), and the deputy regional representative Eve Crowley.
Identifying territories where rural poverty is most entrenched...
Asean Labor Flows Hit a Wall
Tighter restrictions on foreign labor in Malaysia and Thailand...
The country’s GDP grew by 3.2% in 2017 but will  edge down in the coming years.
A report by the International Monetary Fund showed Sunday that...
Baby-boomers will start turning 75 or older in 2022, which is expected to trigger a surge in health care and nursing care costs.
Amid stalling inflation and ballooning government spending,...
Lagarde Backs Creation of European Monetary Fund
International Monetary Fund chief Christine Lagarde has no...

Trending

Googleplus