Unemployment Highest in 4 Years - ABC Columbia

Revelio Labs Launches Revelio Public Labor Statistics (RPLS) with Debut Headline Findings: August Economy Added 50,000 Jobs, Coming in Below Expectations

/PRNewswire/ -- Revelio Labs today released its inaugural edition of Revelio Public Labor Statistics (RPLS), a new monthly data release delivering transparent...

Unemployment highest in 4 years - ABC Columbia

(CNN)– The latest jobs report by the U.S. Bureau of Labor Statistics is out. The economy added just 22,000 jobs in August. Economists were expecting the economy to add more than 76,000. In addition, the data shows unemployment rose to its highest level in nearly 4 years from 4.2% to 4.3%. The data together could be an indication that the U.S. labor market is growing stagnant. Friday’s data release is the first under a new leader at the bureau. …

Jobs Report Sends Bitcoin Above $113K, Altcoins Edge Higher

The S&P 500 hit a record high after the markets opened on Friday, and gold prices surged to a record high of $3,591 per ounce. Cryptocurrencies ticked higher in morning trade on Friday, with Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) posting gains despite a weaker-than-expected August jobs report. Retail traders appeared to bet that the softer data could push the Federal Reserve to cut interest rates later this month. Bitcoin’s price edged…

Time to fire more people at the Bureau of Labor Statistics

The BLS has released the August job numbers and they continue the dismal trend that started in May where the numbers were well below the required number needed to keep up with population growth. The revised numbers for June even showed a decline in jobs for that month. You can read the BLS press release here that has a more complete breakdown of the data. The US jobs market stalled over the summer, adding just 22,000 jobs in August and continui…

U.S. Jobs Report Sends Bitcoin Price Soaring - Blockchain & Cryptocurrencies Tabloid

U.S. jobs data miss expectations, causing Bitcoin price and market reactions.