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U.S. Business News 2020











U.S. November Job Report


December 2020
The U.S. labor department reported on December 4, 2020 that only 245,000 new jobs were added to the American economy in November 2020 compared to more than 600,000 in October. The economists' forecast was of 440,000 new jobs.
The unemployment rate in November decreased to 6.7% from 6.9% in October


U.S. October Job Report


November 2020
The U.S. labor department reported on November 6, 2020 that 638,000 new jobs were added to the American economy in October 2020, compared to economists' forecast of 530,000 new jobs.
The unemployment rate in October was 6.9% compared to 7.9% in September.


U.S. September Job Report


October 2020
The U.S. labor department reported on October 2, 2020 that 661,000 new jobs were added to the American economy in September 2020, compared to a preliminary forecast of 800,000 new jobs.
The unemployment rate in September decreased to 7.9%


U.S. August Job Report


September 2020
The U.S. labor department reported on September 4, 2020 that 1.37 million new jobs were added to the American economy in August 2020, compared to a preliminary forecast of 1.3 million new jobs.
The unemployment rate in August was 8.4%compared to 10.2% in July and 11.1% in June.


U.S. Interest Rate Cut


March 2020
The federal reserve cut on March 3, 2020 the interest rate by 0.5% to 1%, range of 1%-1.25%, the most dramatic cut since 2008.
The cut is aimed to face the effect of the corona virus on the U.S. economy.


U.S. December Job Report


January 2020
The U.S. labor department reported on January 10,2020 that 145,000 new jobs were added to the American economy in December 2019, compared to a preliminary forecast of 160,000 new jobs.
The unemployment rate in December remained at 3.5%, same as in the previous month.


U.S. Interest Rate Cut


September 2019
The federal reserve cut on September 18,2019 the interest rate by 0.25% to a range of 1.75%-2%. The cut follows the previous cut in July 2019.
The federal reserve raised the growth rate in 2019 to 2.2%.


U.S. Interest Rate Cut


August 2019
The federal reserve cut on July 31,2019 the interest rate by 0.25%, the first cut since 2008.The present cut follows three years of gradual interest rate rise by the federal reserve.
The U.S. market expects three 0.25% cuts by the end of this year.


U.S. June Job Report


July 2019
The U.S. labor department reported on July 5,2019 that 224,000 new jobs were added to the American economy in June, much higher than prior estimates of only 170,000 new jobs.
The unemployment rate in July rose to 3.7% compared to the prior estimates of 3.6%.


U.S. May Job Report


June 2019
The U.S. labor department reported on June 7, 2019 that only 75,000 new jobs were added to the American economy in May, compared to much higher prior estimates of 185,000 new jobs.
The department also lowered its previous data for new jobs in March and April.
The unemployment rate for May remained unchanged at 3.6%.


U.S. April Job Report


May 2019
The U.S. labor department reported on May 3, 2019 that 263,000 new jobs were added to the American economy in April, compared to prior estimates of 212,000 new jobs.
The employment rate in April was 3.6% compared to prior estimates of 3.7%.


U.S. March Job Report


April 2019
The U.S. labor department reported on April 5, 2019 that 196,000 new jobs were added to the American economy in March, compared to prior estimates of 170,000 new jobs.
The department also updated February's new jobs data from previous 20,000 to 33,000.
The unemployment rate in March remained unchanged at 3.8%.


January 2019


December 2018
The U.S. labor department reported on January 4, 2019 that 312,000 new jobs were added to the American economy in December, compared to a forecast of 184,000 new jobs.
The unemployment rate rose from 3.7% to 3.9%.








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