Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "September's nonfarm"


2 mentions found


Hispanic unemployment rate declines in September
  + stars: | 2023-10-06 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Andrew Lichtenstein | Corbis News | Getty ImagesThe U.S. unemployment rate held steady in September, but ticked down among Hispanic workers, according to data released Friday by the U.S. Labor Department. The unemployment rate held steady at 3.8%, and came in slightly ahead of a 3.7% forecast. Broken down, it dipped to 4.3% from 4.4% among Hispanic women and held steady at 4.3% for Hispanic men. However, it does mark a stark from the depths of the pandemic when the group experienced the highest unemployment rate, according to Gould. Among Black men, the unemployment rate increased to 5.6% from 5%, and fell to 4.5% from 4.7% among Black women.
Persons: Andrew Lichtenstein, September's nonfarm, Dow Jones, Michelle Holder, Elise Gould, Gould Organizations: Brooklyn Puerto Rico Day, Corbis, U.S . Labor Department, John Jay College, Economic Policy Institute Locations: Bushwick, Brooklyn , New York, New York
Futures tied to the Dow Jones Industrial Average slid 57 points, or 0.2%. Stocks were aided by a retreat in Treasury yields. The rate on the 10-year Treasury note slipped from highs last seen in 2007 after payroll processing firm ADP said that private job growth totaled 89,000 for September. The spread between the 2-year and 10-year Treasury yields ended Wednesday at about 31 basis points. The 2- and 10-year yield curve has been inverted since March 2022 – meaning short-term Treasury rates are higher than long-term rates.
Persons: Clorox, FactSet, I've, Liz Young, Stocks, Dow Jones, Young, Yun Li Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Dow Locations: New York City . U.S
Total: 2