December Jobs Report
Live coverage and analysis as the December jobs report hits.
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Thanks for joining our live coverage of our stronger-than-expected December jobs report.
U.S. payrolls surge in December in boost to economic outlook
U.S. job growth surged in December and employment for the prior two months was revised sharply higher, suggesting that a recent manufacturing-led slowdown in economic growth would be temporary.
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Trying again: the $SPX S&P 5-day drop of 5.34% as of now would be worst *opening* 5 days in a year ever, dating to 1928. #marketselloffby David Gaffen via twitter 1/8/2016 4:43:46 PM -
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Wall St. opens higher after robust jobs report
ReutersWall Street opened higher on Friday as Chinese stocks recovered, oil prices clawed back and data showed robust job growth in the United States. -
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U.S. has added 13.6 million #jobs since employment bottomed in 2010; still needs way more https://t.co/IL4k3Tpvai https://t.co/IAWCnQzQmg
2:49 PM - 08 Jan 2016- Reply
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More good news: HBO has greenlit a 'Deadwood' Movie rol.st/1J2eXof via @RollingStoneby markgongloff via twitter retweeted by davidgaffen 1/8/2016 2:56:55 PM -
China stays in focus after tumultuous first week of 2016 reut.rs/1RougS9by Reuters Top News via twitter retweeted by davidgaffen 1/8/2016 2:56:00 PM -
The unemployment rate remained at 5 percent:
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The toll of oil turmoil: The mining sector lost jobs every month last year https://t.co/FR46eXWDdq https://t.co/tf399BzaRk
2:07 PM - 08 Jan 2016- Reply
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Sidelined workers is a real thing. If they were actively looking for work, the unemployment rate would be 7.0%. https://t.co/H2Cj97TsVG
2:12 PM - 08 Jan 2016Delete- Reply
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If you are long stocks, you think you might be saved by this jobs report. If they don’t go up, you are in trouble.-Scalone to @richardleong2by David Gaffen via twitter 1/8/2016 2:20:45 PM
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Richard Scalone of TJM Brokerage tells @richardleong2 : "You are not getting that much of a lasting reaction in markets..." (more)by David Gaffen via twitter 1/8/2016 2:19:34 PM
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Bumper U.S. payrolls pushes stocks and dollar higher
By Anirban Nag
LONDON (Reuters) - Forecast-beating U.S. jobs numbers sent global stocks and the dollar higher on Friday, extending gains after Chinese markets stabilised and a tentative recovery in oil prices helped calm frazzled investors.
The U.S. employment data showed a bumper 292,000 jobs were added in December, topping expectations of 200,000 by economists polled by Reuters, The unemployment rate held steady at a 7-1/2-year low of 5 percent even as more people joined workforce, a sign of confidence in the labour market.
October and November payrolls were revised to show
50,000 more jobs created than previously reported, adding to the positive market sentiment.
U.S. stock futures jumped between 1.3 and 1.7 percent while against a broad basket of currencies it was up 0.9 percent. and European shares rose. The dollar gained more than 1 percent against the euro -
Trump open to signing Russia sanctions legislation: official
WASHINGTON The White House said on Sunday that U.S. President Donald Trump was open to signing legislation toughening sanctions on Russia after Senate and House leaders reached agreement on a bill late last week.