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Weak

Chicago Mercantile Exchange › (CME:FC.H13)

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Today's Financial News

US employers added 173,000 jobs in August; unemployment rate falls to 7-year low of 5.1 pct.

10 hours ago

WASHINGTON (AP) — The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates from record lows later this month. Hiring in August was the weakest in five months, but the government revised up June and July job growth by a combined 44,000. From June through August, the economy generated a solid 221,000 jobs a month, up from an average of 189,000 in March through May.

Mixed US jobs figures being digested by investors in terms of possible Fed rate hike

10 hours ago

LONDON (AP) — Global stock markets remained sharply lower Friday after mixed U.S. jobs figures failed to provide investors with much of a steer as to whether policymakers at the Federal Reserve will decide to raise interest rates later this month. US JOBS KEY: The main focus was the August nonfarm payrolls report. Though the headline increase in payrolls of 173,000 was below market expectations for a 220,000 rise, upward revisions to previous months clouded the picture. The unemployment rate also fell to 5.1 percent, its lowest level since March 2008. The data are often the key market-moving release of the month. This time, they had added urgency as investors position themselves for the Sept. 17 Fed rate decision.

US employers added 173,000 jobs in August; unemployment rate falls to 7-year low of 5.1 pct.

10 hours ago

WASHINGTON (AP) — The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates from record lows later this month. Hiring in August was the lowest in five months, but the government revised up the June and July job growth by a combined 44,000. From June through August, the economy generated a solid 221,000 jobs a month, up from an average of 189,000 in March through May.

US employers added 173,000 jobs in August, unemployment rate falls to 7-year low of 5.1 pct.

10 hours ago

WASHINGTON (AP) — The unemployment rate tumbled to a seven-year low in August as employers added a modest 173,000 jobs, complicating the U.S. Federal Reserve's decision whether to raise rates in two weeks. Hiring in August was the weakest in five months, but the government revised up the June and July figures by a combined 44,000 jobs. The economy generated 221,000 jobs a month from June through August, up from an average 189,000 in March through May.

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