Thomas unemployment rate falls to 5.7%, its third straight decline
Thomas unemployment rate falls to 5.7%, its third straight decline
Robust job growth in April provides some relief to President Donald Trump after the weak economic data in the early part of the year
18 May, 2017, 12:01
United States non-farm payrolls increased by 211,000 jobs last month, boosted mostly by hiring in the hospitality and healthcare sectors, bringing the country's unemployment rate down to 4.4 per cent, the lowest since May 2007. The central bank is expected to raise interest rates when it meets again in June. In January as well as February, unseasonably warm weather brought forward the hiring in sectors like retail, leisure and hospitality and construction with job gains for those months topping 200,000 each month. At 4.4 percent, the rate is now lower than the level the Federal Reserve targeted for the long term. The unemployment rate unexpectedly fell to 6.5 percent from 6.7 percent, the lowest since October 2008.
In Ontario, employment held steady in April.
The official released indicated, Public sector employment increased by 35,000 in April, largely in health care and social assistance and educational services.
With unemployment as low as it is, firms may have a harder time hiring and job growth could slow by the end of the year, Mr Faucher said.
The report signals that the overall economy is poised for stronger growth after an anemic first quarter.
The number of discouraged workers fell by 5,000 last month to 460,000, and was 363,000 the month the last recession started.
What the Tech: How to Fight Ransomware Part II In March, we released a security update which addresses the vulnerability that these attacks are exploiting. If there's anything, Microsoft should indeed be appreciated for their response on the entire issue.
The US unemployment rate dropped unexpectedly last month, as companies created more jobs than expected.
The labour force participation rate, which shows the share of working-age people in the labour force, edged down to 62.9 per cent from March's reading of 63 per cent.
The Labor Department will publish the April jobs report at 8:30 a.m. ET on Friday.
The new figures represent a continuing trend of steady economic growth stretching back to early in President Obama's term, though wage growth continues to lag behind. For historical perspective, wage gains have averaged 2.7 per cent over the past decade.
"While that lowered the year-on-year increase to 2.5 percent, the smallest since August 2016, there are signs that wage growth is accelerating as labor market slack diminishes", per Reuters.
Dana Rohrabacher (R-Calif.), one of Putin's vocal defenders in Congress, McCarthy told NBC News it was a "bad attempt at a joke". But barring recordings, a memo still becomes a case of "he said, she said", said former prosecutor Jonathan Lopez.
The company said the virus has been localized and "technical work is underway to destroy it and update the antivirus protection". Discover whether you have been infected, limit the spread as far as possible then neutralise to avoid the malware detonating.
If true, this is not the first time Erdogan's security forces have roughed up protesters on United States soil, says Quartz . The document said four or five Middle Eastern men in dark suits from the second group assaulted the peaceful protesters.
Michael Flynn, then-President-elect Donald Trump's nominee for National Security Adviser, arrives at Trump Tower in NY on Jan 3. Flynn made the disclosure to White House counsel Don McGahn during a conversation, The Times said.
The automaker is under intensifying pressure from shareholders to improve its profits and boost its lagging stock price. The company's share price has fallen by almost 40% since Mr Fields took up his role in the middle of 2014.
As a kickback, the company had paid him Rs 10 lakh and the money was deposited into the bank account of his son Gagan Baderiya. Baderiya was director, Mines and Geology Department, when Kumaraswamy was the Chief Minister.
In a blog post , the group said the releases will start in June, and be available to people who pay a "subscription" fee. Courts have consistently upheld those agreements, he said. "This area of law has been stunted in its growth", he said.
Nick Zakrasek, a product manager for Google, said the aim of the service is to "increase the efficiency of job matching". Google Photos and Google Drive aren't doing too bad either, with more than half a million users each as well.
The software held the victims' computers hostage and threatened to delete their files unless they paid $300. In a year ago India has seen at least three sophisticated ransomware attacks on Indian companies and banks.
US Ambassador to the UN Nikki Haley pledged Tuesday that the US plans to "tighten the screws" on North Korea's nuclear ambitions. No draft resolution was circulated to the full council, but Haley said the United States was working with China on a text.
Google is looking to AI to vault Android ahead of iOS
Get great content delivered straight to your inbox every morning Monday-Friday at 8:00am, just a click away, Sign Up Now. Wednesday's keynote took place at an outdoor theater near the company's Mountain View, California, headquarters.
Celtics win NBA draft lottery
The Knicks drew the 8th pick in Tuesday night's NBA Draft lottery as the Boston Celtics took home the coveted first pick. King will probably be mocked once again a year from now, when the Celtics - again - get Brooklyn's first-round pick.
One killed in Barron County tornado
The Storm Prediction Center received 29 reports of tornadoes and 115 reports of wind damage from the long line of storms. Numerous other homes, shed and farm buildings were destroyed in the area of Prairie Lake township.
Massive cyber attack creates chaos around the world
Britain's NHS is the world's fifth-largest employer after the U.S. and Chinese militaries, Wal-Mart Stores and McDonald's. That said, a hacker could remove the domain and try the ransomware attack again, reports CNN .
Senate Intelligence Committee leaders demand Comey's notes
In a freaky twist on Wednesday, Russian President Vladimir Putin offered to turn over to Congress records of Trump's discussions. The White House disputed Comey's account of the February conversation concerning Flynn, but did not offer specifics.
Jury gets case in Oklahoma officer's trial
They must decide whether Tulsa officer Betty Jo Shelby went too far September 16 when she killed 40-year-old Terence Crutcher. Prosecutors have argued that Shelby recklessly escalated tension, turning the routine traffic issue into a deadly encounter.
Chris Cornell Dead: Soundgarden Rocker Dies, Aged 52
Chris was in the middle of a USA tour with Soundgarden, and the grunge band were due to play in Columbus, Ohio on Friday. Cornell's representative Brian Bumbery told the Associated Press that Cornell had passed away last night (May 17).