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The U.S. added 119,000 jobs in September.

The U.S. added 119,000 jobs in September.

Job Growth in the U.S. for September The Labor Department announced that the U.S. economy gained 119,000 jobs in September. This figure significantly outpaced the expectations, which were around 50,000 new jobs. The report, delayed several weeks due to the government shutdown, finally came out on Thursday. Looking ahead, the jobs report for October, typically […]

Government data released late indicates the US added 119,000 jobs in September.

Government data released late indicates the US added 119,000 jobs in September.

U.S. Job Growth Exceeds Expectations Despite Rising Unemployment Rate In the latest report following the government shutdown, the U.S. economy showed unexpected strength by adding a notable number of jobs. However, this surge isn’t likely to prompt a rate cut in the upcoming month. According to the Bureau of Labor Statistics, employers created 119,000 jobs […]

Job Growth Exceeded Expectations in September

Job Growth Exceeded Expectations in September

US Economy Sees Growth in Jobs The latest data from the Bureau of Labor Statistics (BLS) shows that nonfarm payrolls in the U.S. grew by 119,000 in September. This follows a rather sluggish employment report from August, where only 22,000 jobs were added. The report also indicated that the unemployment rate held steady at 4.4%, […]

Australian Dollar rises as Trade Surplus increases in September

Australian Dollar rises as Trade Surplus increases in September

The Australian dollar (AUD) appreciated against the US dollar (USD) on Thursday, building on a gain of over 0.25% from the previous day. The stability in the AUD/USD pair followed the release of Australia’s trade balance data. In September, Australia’s trade surplus expanded to $3.938 billion, surpassing an earlier forecast of $3.85 billion and a […]

Chinese yuan’s share in global payments reaches 3.17% in September

Chinese yuan's share in global payments reaches 3.17% in September

A recent release of SWIFT data highlights that the renminbi (RMB) made up 3.17% of global payments in September, which is an increase from 2.93% previously. Analysts suggest this reflects a growing trend in using the renminbi for cross-border transactions, signaling ongoing progress in its internationalization. A report from the Bank for International Settlements (BIS) […]

September housing market shows unexpected strength, according to Zillow

September housing market shows unexpected strength, according to Zillow

Real Estate Activity Remains Strong in September September usually signals a slowdown in real estate, but this year was different. Activity stayed “unseasonably strong,” largely fueled by lower mortgage rates and a robust stock market, according to a report from Zillow. New listings in September saw a 3% rise compared to the same month last […]