Category Archives for "The Economy"

US Economy Adds 311,000 Jobs in February, Unemployment Rate Rises to 3.6%, Fed Poised for Rate Hike

The U.S. economy added 311,000 jobs in February, according to the Labor Department’s closely watched monthly employment snapshot released Friday.[0] The figure was well above projections of 205,000, and compared with a downwardly-revised gain of 504,000 in January.[1] January’s unemployment rate increased slightly to 3.6%, from its 53-year low of 3.4%, with the number of […]

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UK Economy Inches Along – GDP Grows 0.3% in January

The UK economy grew by 0.3% in January, according to data released by the Office for National Statistics (ONS).[0] This follows a 0.5% contraction in December and marks the first growth in GDP since October 2022.[1] While the figures provide a temporary respite from the period of stagnation, there are still lingering doubts over the […]

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January Job Openings Remain Strong Despite Minor Dip

Refinitiv predicted a net increase of 205,000 jobs in February with an unemployment rate of 3.4%, as anticipated by economists.[0] Economists on Wall Street predict that the employment report for February will display an addition of 220,000 jobs.[1] Despite the 517,000 jobs added in January, even if there were to be a significant decrease of […]

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