US job growth strong; unemployment rate rises to 4 per cent
US job growth strong; unemployment rate rises to 4 per cent
06 July, 2018, 22:48
Economists had forecast that June would be another strong month for the USA labor market, with nonfarm payrolls expected to have grown by 195,000 during the month with the unemployment rate expected to hold steady at an 18-year low of 3.8%, according to estimates compiled by Bloomberg.
Still, average hourly pay rose just 2.7 per cent in June from 12 months earlier, meaning that after adjusting for inflation, wages remain almost flat.
In Alberta, the unemployment rate increased to 6.5 per cent of the workforce from 6.2 per cent the previous month.
The unemployment rate ticked up to 4% from 3.8%, but this was because more people entered the labour force looking for work.
The June jobs data showed an economy that may be on the cusp of producing stronger pay growth, something that could be disrupted if additional tariffs are imposed.
Manufacturers added 36,000 jobs last month; the education and health sector added 54,000.
Trump plans to meet with Putin one-on-one, without aides US president Donald Trump greets supporters during a campaign rally at Four Seasons Arena on July 5, 2018 in Great Falls, Montana. They make it impossible to do business in Europe, and yet they come in and they sell their Mercedes and their BMWs to us.
Manchester United sign new goalkeeper His exit has been on the cards since he and defender Craig Dawson refused to go on Albion's pre-season trip to Portugal. He scored the winning goal in the second leg of that tie as the Gunners lost 2-1 at the Emirates Stadium.
In May, Edmonton's chief economist, John Rose, said the city's unemployment rate was dropping largely due to gains in construction, manufacturing and professional services. That was the first increase in the jobless rate in 10 months.
Canada's tight jobs market is beginning to bring more workers into the labour force, a trend that if sustained may moderate a recent pick up in wage pressures. Additionally, the Trump administration has drawn attention to the record-low of African American unemployment, even as it remained higher than the overall rate at 5.9%.
Along with the 213,000 jobs added in June, the jobs numbers for April and May were also revised to include 37,000 additional new hires across those months, according to data released Friday by the Bureau of Labor Statistics. It had declined for three months in a row.
A broader measure of unemployment, which includes people who want to work but have given up searching and those working part-time because they can not find full-time employment, rose to 7.8 per cent last month from a 17-year low of 7.6 per cent in May.
A worker cuts a piece from a steel coil at the Novolipetsk Steel PAO steel mill in Farrell, Pennsylvania, U.S., March 9, 2018. It was 14.5 per cent in May, but 15.5 per cent in June. "This generates a rising standard of living and strong income growth". The Federal Reserve on Thursday reported some businesses had already scaled back or postponed planned investment due to the trade struggles, and warned that many more promise to do more if the spats continue to escalate. The public sector gained 11,800 jobs and the private sector lost 2,000.
U.S. allies are upset with Trump after he imposed a 25 percent tariff on imported steel and a 10 percent tariff on aluminum. The country has a lot at stake in the face of USA protectionism, and this is not the first time Rutte has made that clear.
If I travel to another country and there is a sacred site, an area of restricted access, I don't enter or climb it, I respect it. Officials said the man collapsed Tuesday while attempting to climb a steep section of the rock formation.
Apparently the counters had missed a couple of plates' worth of hot dogs, putting his number 10 higher than initially reported. A Las Vegas woman has consumed 37 hot dogs to win her fifth straight title in the women's side of the annual July 4 contest.
She stopped short of blaming the insects for the defeat, but said that their appearance " was definitely a first for me ". The Danish second seed, who won the Eastbourne tournament last week, made no excuses for her defeat.
Kamala Harris (D-Calif.), who has been critical of the agency, both received direct tweets to their official Senate accounts. Sanders added that the president met for about 45 minutes with each candidate on Monday at the White House.
That is why it is hard for me to advise you I am stepping down as Administrator of the EPA effective as of July 6. He has been under scrutiny for renting an apartment with ties to a fossil fuels lobbyist.
Oscar-nominated actor Woods hasn't been as prolific on the big screen as of late; his last movie was Bling , released in 2016. In September, actress Amber Tamblyn wrote an open letter to Woods accusing him of hitting on her when she was 16.
However, critics say there is not enough evidence to support the claim that the chemicals are bad for coral reefs. Between 6,000 and 14,000 tons of sunscreen are released onto coral reefs every year, a 2015 paper found .
Maradona apologises to Fifa over referee comments
Speaking to the press today, ahead of Saturday's quarter final against Sweden , Stones told reporters: "It was a odd game". Extra time ebbed and flowed with England finishing strongest and then prevailing 4-3 on penalties to send Colombia home.
Trump's Supreme Court Shortlist Narrows To 3 Finalists
The source said he would not be surprised if Trump firmed up his choice before leaving for a trip to Montana later on Thursday. Ted Cruz, a friend and ally of the Utah senator, wrote an op-ed for Fox News on Thursday arguing that Lee should be the pick.
Love at first flight: Seat swap leads to viral love connection
Euan Holden has since taken to Twitter to say he knew Blair and her boyfriend were taking photos , and he is amused by the saga. The entire thread is filled with update after update about two strangers who were forced to sit next to one another on a plane.
Samsung 2019 schedule: hold off on that Galaxy Note 9
The handsets battery size is expected to be as high as possible, given the massive screen the Galaxy X will have - 7.3-inch. Some reports have claimed the foldable smartphone from Samsung may cost around $1,850 (roughly Rs. 1,27,200 ).
Migrant parents, children given DNA tests
The administration is now fighting in court for the ability to indefinitely detain kids with their parents. As a result, children of those apprehended would be taken from the parents and detained separately.
Dad mauled to death by polar bear while protecting kids
The number of polar bears in the Western Hudson Bay region remains stable at around 840, according to polar bear experts. The patrol program allows trained participants to relocate a polar bear if it encroaches on a community.
56 people sick with parasite in Texas outbreak
Fruits and veggies like cilantro, pre-packed salad, basil and raspberries were listed among the most susceptible to the parasite. Texas health officials are trying to determine whether 56 cases of people getting sick from the parasite Cyclospora are related.
Canada presses USA to resume NAFTA renegotiation talks
The effort to restart stalled negotiations comes after the election of leftist Andres Manuel Lopez Obrador as president. Asked about the timing of an agreement, Trump said: "I want to wait until after the election".