United States unemployment rate falls to 4.1 per cent, lowest in 17 years
Nov 04, 2017, 00:55
According to Doug Duncan, Chief Economist at Fannie Mae, the employment situation summary is underwhelming-as the much-anticipated rebound in October nonfarm payroll was less than market expectations at 261,000.
Nonbank mortgage employment declined in September, the largest drop since January, according to the Bureau of Labor Statistics.
U.S. job growth accelerated last month after hurricane-related disruptions hurt employment in September, but there were signs that labour market momentum was slowing as annual wage gains sharply retreated.
Wages failed to break out, rising 2.4% from a year earlier, a slowdown from last month.
Both the national and provincial unemployment rates rose slightly compared to last month's numbers, but is well below Windsor's increase.
Wages pressures in October were flat, however, with average hourly earnings falling by a penny to $26.53.
That was the largest gain since July a year ago, but was below economists' expectations for an increase of 310,000 jobs.
September's numbers saw a negative return, given the impact of Hurricanes Harvey, Maria and Irma.
The share of Americans participating in the labor force fell by 0.4 percentage point to 62.7% in October, the lowest reading since May.
The Federal Open Market Committee did not raise short-term rates following its most recent meeting on November 1.
September was the second month of disappointing growth in the United States jobs market.
The central bank cited ongoing strength in the labor market when it last raised rates in June, to the current range between 1% and 1.25%.
The Fed has hiked rates twice this year.
In October, 6.52 million workers who wanted a job couldn't find one. "Looking through the hurricane-created volatility, job growth is robust".
White House sources say it was the President alone who made that decision after watching Comey's congressional testimony May 3. Trump, meanwhile, has reacted to the deteriorating situation by lashing out on Twitter and venting in private to friends.
Heavyweight Rio Tinto Ltd closed at an over six-year high, while its rival, BHP Billiton Ltd closed at a 7-week high. As transactions move to digital channels - and this is driven by our customers - we will need fewer people.
This led to the Prime Minister of Spain Mariano Rajoy dissolving the regional parliament and calling a snap election for December. A High Court source said the arrest warrant for Puigdemont , who is in Belgium, would "most likely" be issued on Friday.
In accordance with BlizzCon , Blizzard updated its official site with more information on the upcoming Overwatch hero. Coalescence- Moira channels a long-range beam that both heals allies and bypasses barriers to damage her enemies.
The Spanish outfit sits third in Group E after three games - three points adrift of AS Roma and five back of Chelsea . However, the Champions League may not be so easy to forecast once the tournament gets to the knockout stages.
The USDA press office did not respond Wednesday to repeated requests for comment about the nominee's agricultural experience. The person familiar with Sessions' activity during the campaign said his testimony has been truthful and consistent.
Justice Sikri jokingly said that even he receives calls and messages asking him to link his accounts with Aadhaar. The apex court has left the decision on a constitutional bench that will decide on this matter later this month.
While the biggest difference between the U11 and the U11+ is the display , that isn't the only area that received improvements. The HTC U11 Plus may feature less impressive cameras , but it makes up for it with the Bluetooth 5.0, and the larger battery .
Beal-then 19 years old- was working in the bar when Spacey allegedly followed him outside during a cigarette break. And that it was "more common to find Spacey at the bar of his theater, cornering whoever caught his attention".
According to the CBS affiliate Chicago , the incident occurred at the Starbucks location at Lawrence and Broadway around 8:15 p.m. He was identified as 28-year-old Sauvignon Watkins, according to family and the Cook County medical examiner's office .
Back-up QB Jacoby Brissett has been starting since Week Two and is expected to do so for the remainder of the year. If they do trade, Colts fans should cross their fingers that it brings a Vontae Davis and not a Trent Richardson.
'La Bamba' Star Lou Diamond Phillips Arrested for DWI
Despite the attest, the La Bamba actor doesn't plan on cancelling a speaking engagement in Corpus Christi later in the day. The event will still go on as planned said Jay Ellington, director of the Corpus Christi Parks and Recreation Department.
Rahul Gandhi to visit Raebareli after NTPC plant explosion
The state government will also give Rs 50,000 for critically injured while Rs 25,000 for those who have suffered light injured. A National Disaster Response Force unit has been dispatched from Lucknow to assist in rescue operations.