August Jobs Report: Payrolls Rise by 187K, Setting Gold and USD on Opposite Paths

The U.S. labor market continued to show strength in August by adding 187,000 jobs, slightly above expectations. This indicates that significant layoffs have not yet become widespread, highlighting the economy’s…

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January job growth is forecast to slow slightly, but the impact from big corporate layoffs is uncertain

Economists expect slightly slower, but still strong job growth in January, while the impact of corporate layoff announcements is unclear. Original source: https://www.cnbc.com/2023/02/02/january-jobs-seen-slowing-slightly-but-impact-of-big-layoffs-unclear.html

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November job growth slowed but will still show strength despite layoffs, hiring freezes

Economists expect the Fed’s tighter money policy will ultimately result in negative monthly payroll numbers, but not just yet. Original source: https://www.cnbc.com/2022/12/01/november-job-growth-slowed-but-will-still-show-strength-despite-layoffs.html

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Australia Feb. employment change +88.7K (vs expected +30K) & unemployment rate 5.8% (vs expected 6.3%)

Australian February jobs report is an enormous beat Employment Change: +88.7K  Unemployment Rate: 5.8%  Full-Time Employment Change: +89.1K  Part-Time Employment Change: -0.5K 

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