US Business News





U.S. March Job Report

April 2024
The U.S. labor department reported on April 5, 2024 that 303.000 new jobs were added to the American economy in March 2024, much above the forecasts of only 200,000 new jobs.
The March rise follows a rise of 270,000 new jobs in February 2024. The unemployment rate in March was 3.8% compared to forecasts of a rise of 3.9%.

U.S. January Job Report

February 2024
The U.S. labor department reported on February 5, 2024 that 353,000 new jobs were added to the American economy in January 2024, a surprisingly strong data compared to the forecasts of a growth of only 185,000 new jobs
The labor department also raised its previous data for previous months.
The unemployment rate in January 2024 remained unchanged at 3.7%, same as in the two previous months.

U.S December Job Report

January 2024
The U.S. labor department reported on January 5, 2024 that 216,000 new jobs were added to the American economy in December 2023, compared to 199,000 in November and higher than the forecasts of only 170,000 new jobs.
The monthly growth is the 36th growth in a row, the longest ever.
The unemployment rate in December 2023 remained unchanged at 3.7%. The forecasts were a rate of 3.8%.

U.S. November Job Report

December 2023
The U.S. labor department reported on December 8, 2023 that 199,000 new jobs were added to the American economy in November 2023 compared to 150,000 new jobs in October, higher than the former forecasts of 180,000 new jobs.
The unemployment rate in November 2023 was 3.7% compared to 3.9% in October.

U.S. October Job Report

November 2023
The U.S. labor department reported on November 3, 2023 that 150,000 new jobs were added to the American economy in October 2023, less than the preliminary forecasts of 170,000 new jobs.
The unemployment rate in October rose to 3.9%, compared to 3.8% in September.
The October unemployment rate is the highest since January 2022.

U.S. September Job Report

October 2023
The U.S. labor department reported on October 6, 2023 that 336,000 new jobs were added to the American economy in September 2023, a surprising rise compared to preliminary forecasts of only 170,000 new jobs.
The unemployment rate in September was 3.8%, same as in the previous month.
The forecasts expected a 3.7% unemployment rate in September.

U.S August Job Report

September 2023
The U.S. labor department reported on September 1, 2023 that 187,000 new jobs were added to the American economy in August 2023, higher than the preliminary forecast of 170,000 new jobs.
The unemployment rate was 3.8% compared to only 3.5% in July.
The forecasts expected a steady 3.5% rise in August too.

U.S. Credit Rating Downgrade

August 2023
Fitch credit rating agency downgraded on August 2, 2023 the U.S. credit rating from the previous top +AAA to +AA, the second downgrade in history since 2011. The downgrade is due to concerns about the U.S. debt burden and deterioration in the U.S. governance in the last years×¥

US June 2023 Inflation

July 2023
The U.S. inflation in June 2023 rose by 0.2%, 3% on annual basis, the quickest decline since November 1981.
The annual inflation in May was 4%.
It should be mentioned that in June 2022 the annual inflation reached 9.1%.

U.S. Inflation 2023

April 2023
The statistics office reported on April 12, 2013 that the U.S. inflation in March 2023 grew by 0.1%, 5% on annual basis.
The new inflation rise is the lowest in nearly two years.
The prior forecasts were a monthly rise in March of 0.2%, 5.1% on annual basis.

U.S. February Job Report

March 2023
The U.S. labor department reported on March 10, 2023 that 311,000 new jobs were added to the American economy in February 2023, compared to 504,000 new jobs in January
.The preliminary estimates for February were of 225,000 new jobs.
The unemployment rate in February 2023 rose to 3.6% compared to 3.4% in January.

U.S. January Job Report

February 2023
The U.S. labor department reported on February 3, 2023 that 517,000 new jobs were added to the American economy in January 2023, a surprising rise compared to the preliminary estimates of only 187,000 new jobs.
The unemployment rate in January 2023 was only 3.4%, the lowest rate since May 1969 .

U.S. August Job Report

September 2022
The U.S. labor department reported on September 2, 2022 that 315,000 new jobs were added to the American economy in August 2022 exceeding the preliminary estimates.
The unemployment rate in August rose to 3.7%, 0.2% higher than the 3.5% rate in July 2022 .July was 3.5%, down from 3.6% in June.

U.S. July Job Report

August 2022
The U.S. labor department reported on August 5, 2022 that 528,000 new jobs were added to the American economy in July 2022, much higher than the preliminary forecasts of 258,000 new jobs.
The unemployment rate in July was 3.5%, down from 3.6% in June.

U,S June Job Report

July 2022
The U.S. labor department reported on July 8, 2022 that 372,000 new jobs were added to the American economy in June 2022, compared to 384,000 new jobs in May.
The forecast for June was an addition of only 272,700 new jobs.
The unemployment rate in June 2022 was 3.6%.

U.S. Interest Rate Rise

June 2022
The U.S. federal reserve raised on June 15, 2022 the interest rate by 0.75%, the highest rise in the last 28 years since 2004.
The new interest rate is now at the range of 1.5% to 1.75%.
The expectations are that the interest rate will reach 3.4% by the end of 2022 and 3.8% by the end of 2023.

U.S. Interest Rate Rise

March 2022
The federal reserve raised on March 16, 2022 the interest rate by 0.25%, the first rise since 2018.
The interest rate is expected to rise six times more in 2022, reaching 1.9% rate at the end of 2022.
The interest rise follows the high inflation rate in the U.S.A. nearly 8%, the highest for the last 40 years.

U.S. Top Inflation Rate

December 2021
The U.S. labor department reported on December 10, 2021 that the inflation rate in November 2021 was 0.8% and 6.8% on an annual basis, the highest rate for the last 39 years.
The preliminary forecast was a growth of 0.9% compared to October and 6.7% on an annual basis.

U.S. August Job Report

September 2021
The U.S. labor department reported on September 3, 2021 that only 235,000 new jobs were added to the American economy, the lowest growth since January, compared to 1.1. million new jobs in July 2021 .and 962,000 new jobs in June.
The August growth follows a prior forecast of 720,000 new jobs.
The unemployment rate in August was 5.2% compared to 5.4% in July.

U.S. July Job Report

August 2021
The U.S. labor department reported on August 6, 2021 that 943,000 new jobs were added to the American economy, the highest rise in the last eleven month and above the prior forecasts.
The department also updated its previous reporst for May and June upwards.
The unemployment rate in July was 5.4% compared to 5.9% in the previous month.

U.S. 5.4% Inflation

July 2021
According to official data published on July 13, 2021 the U.S. inflation rate in June 2021 grew by 5.4% compared to previous year, the highest rise in nearly 13 years. The prior forecast was a growth of only 5%.
The main rise was registered in the sectors of used car prices, flights and transport costs.

U.S. April Job Report

May 2021
The U.S. labor department reported on May 7, 2021 that only 266,000 new jobs were added to the American economy in April 2021, less than the preliminary forecasts.
The unemployment rate in April was 6.1%, compared to 6% in March.

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%.

U.S. April Job Report

May 2021
The U.S. labor department reported on May 7, 2021 that only 266,000 new jobs were added to the American economy in April 2021, less than the preliminary forecasts.
The unemployment rate in April was 6.1%, compared to 6% in March.

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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