Yahoo News US inflation rose slightly last month after 2 years of steady cooling but remained low
WASHINGTON (AP) — US inflation rose slightly last month after 2 years of steady cooling but remained low.
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BloombergCanada Jobless Rate Jumps to 6.8%, Raising Odds of Big Cut
(Bloomberg) -- Canada’s biggest employment gains since April failed to prevent the jobless rate from surging to the highest level in three years, likely bolstering the case for the central bank to keep cutting rates at a faster pace.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe country added 51,000 positions in November, but i
- Barrons.com
Unemployment Ticks Up, to 4.2% Rate
The U.S. unemployment rate rose to 4.2% in November, according to data released Friday. While November saw an increase in unemployment, it was not as much of a jump as the labor market experienced this summer. In July, the unemployment rate hit 4.3%, the highest rate in nearly three years.
- Yahoo Finance Video
US economy in 'period of greater stability': Acting Labor Secy.
The US labor market saw an addition of 227,000 nonfarm payrolls in the month of November, a notch above economist expectations for 220,000. This was a tremendous rebound from October's jobs growth of 12,000, which was heavily disrupted by hurricanes and labor strikes. The unemployment rate ticked back up to 4.2% while average hourly earnings also rose more than expected, up 0.4% from the prior month compared to the 0.3% estimate. To speak more about the labor market and this fresh jobs print, US Department of Labor Acting Secretary Julie Su joins Yahoo Finance senior reporter Jennifer Schonberger. "The total number of jobs created have been unprecedented under this administration. In fact, it's the only one that has seen job growth every single month in the entire time that a president has been in office," Secretary Su claims. "We're handing off the strongest economy in history to the next administration. The unemployment rate at, near, just above 4%, has also been very, very consistent. Defied expectations, but very, very consistent." Secretary Su notes the positive sentiments from prime-age workers between 25 and 54 years old: "They're coming in, they're looking for jobs. They're finding them because of the large number that are being created. And they're making more in them." The acting labor secretary also goes on to comment on employment in the retail sector, cooling layoff trends, and the Biden administration's relationship with labor unions. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.
- Bloomberg
US Hiring Rebounds, But Rising Unemployment Keeps Fed Cut Alive
(Bloomberg) -- US hiring picked up in November and the unemployment rate increased, pointing to a moderating labor market rather than one that’s significantly deteriorating.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionNonfarm payrolls rose 227,000 last month following an upwardly revised 36,000 gain in October — a month constrain
- Yahoo Finance
US economy adds 227,000 jobs in November, unemployment rate rises to 4.2% as labor market rebounds
The November jobs report was closely tracked by investors for clues regarding the Federal Reserve's next interest rate decision later in December.
- The Guardian
US adds 227,000 jobs in November as Fed expected to cut interest rates again
Latest report follows October’s disappointing tally as Fed likely to cut interest rates for third time in 2024
- Manchester Evening News
Katie Price shocks fans after debuting final results of £10,000 Turkey facelift
Katie Price has flaunted her new youthful look while in pantomime rehearsals alongside pal Kerry Katona after undergoing a £10,000 facelift over the summer
- OK! Magazine
'Betrayed' Meghan Markle feels she 'can't trust anyone' after bombshell documentary
EXCLUSIVE: It has been a difficult week for Meghan and Harry, following the release of a bombshell German documentary - and Meghan in particular feels 'betrayed', claims a source
- The Telegraph
West Ham striker Michail Antonio suffers ‘suspected broken leg’ in horror car crash
West Ham United striker Michail Antonio suffered a suspected broken leg after he was involved in a road traffic accident on Saturday.
- Bromley News Shopper
Marcus Wareing and Monica Galetti's damning Gregg Wallace comments resurface
Previous comments made by MasterChef presenters Monica Galetti and Marcus Wareing have resurfaced concerning Gregg Wallace.
- Hello!
Gogglebox's Pete Sandiford's sad reason for selling home to sister Sophie
Pete Sandiford sold his home to his sister Sophie – but did you know that there's a heartbreaking backstory to the property deal?
- BuzzFeed
"It's Overused And Overhyped": People Are Sharing The "Popular" Home Upgrades That Are Getting WAY Out Of Hand In 2024
"Speaking as an architect here, for the love of god, too many people think it’s acceptable to do this..."
- Wales Online
'Shout at me like that again!' Referee takes down rude player and earns instant respect
Wales legend Sam Warburton loved this moment.
- Manchester Evening News
The 25p mince pies shoppers say are better than any box from Asda, Aldi, Lidl, Morrisons, M&S, Tesco and Sainsbury's
Readers gave them so much praise, we had to see what all the fuss is about
- HuffPost UK
Putin Minister Accidentally Hints At Daunting Ukraine War Stat Which Kremlin Has Tried To Keep Secret
Her colleague quickly pleaded to viewers: "I earnestly ask you not to use these figures anywhere."
- Hello!
Bronzed Holly Willoughby wows in bikini on secret holiday
The TV presenter jetted off into the sun for her friend Nicole Appleton's birthday
- The Telegraph
Assad’s family ‘flees’ to Russia – but Kremlin won’t come to Syrian leader’s rescue
Bashar al-Assad’s family fled to Russia in the days after rebel forces launched a shock offensive that captured swathes of territory across northern Syria, it has been revealed.
- OK! Magazine
Inside Anton du Beke's £1.8 million home with rarely-seen wife and mini-me twins
Strictly Come Dancing star Anton Du Beke lives in a very glamorous home with his wife Hannah and their seven year old twins, George and Henrietta. Let's take a look inside...
- Wales Online
BBC Strictly's Amy Dowden says she's 'gutted' as she suffers new blow
Strictly Come Dancing pro Amy Dowden appeared on ITV's Lorraine on Friday morning when she chatted to Christine Lampard and shared some disappointing news
- Manchester Evening News
Wayne Rooney suffers fresh blow hours after Coleen breaks down in tears on ITV's I'm A Celebrity
Manchester United legend Wayne Rooney has been supporting wife Coleen on I'm a Celebrity... Get Me Out of Here! from afar amid Plymouth Argyle's struggles in the Championship