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Tag Archives: jobs report

138,000 Jobs Added in May; Unemployment Dips Slightly to 4.3 Percent

The U.S. economy added 138,000 jobs in May, according to the monthly jobs report released by the Bureau of Labor Statistics Friday morning. The national unemployment rate dipped to a 16 year low, from 4.4 percent to 4.3 percent. The 4.4 percent last month was already the lowest it had …

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January 9 Morning Report: GovCon Index Registers Gain as Labor Dept Records 156K New Jobs

Executive Mosaic’s GovCon Index registered a 0.162-point climb Friday to 89.761 and closed the week in the positive. Lockheed Martin (NYSE: LMT) was GCI’s top net performer while Honeywell (NYSE: HON) led the Index in percentage gained. The Index’s gain follows the latest jobs report from the Labor Department that indicates 156, 000 new jobs were …

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August 8 Morning Report: GovCon Index Posts All-Time High on July Jobs Report

Executive Mosaic’s GovCon Index posted an all-time high Friday with a gain of 0.535 points to 82.835 following the Labor Department‘s report that nonfarm businesses added 255, 000 jobs in July. The jobs report exceeded the forecast of 180, 000, a month after economists revised June’s jobs number from the forecast of 287, 000 to 292, 000. The …

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July 11 Morning Report: GovCon Index Posts Gain as June Jobs Report Exceeds Expectations

Executive Mosaic’s GovCon Index closed Friday with a 1.579-percent gain to 80.813 and ended the week up 1.342 percent. Lockheed Martin (NYSE: LMT), Raytheon (NYSE: RTN), Huntington Ingalls Industries (NYSE: HII), Honeywell International (NYSE: HON) and Vectrus (NYSE: VEC) reached 52-week highs in Friday intraday trade. Friday’s performance comes as the Labor Department reports that non-farm …

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July 8 Market Close: GovCon Index Breaks 80 on June Labor Data Beat, 5 Stocks Hit 52-Week Highs

Executive Mosaic’s GovCon Index broke the 80-point barrier Friday for the first time in a month as the S&P 500 composite index briefly traded above a new record close in afternoon activity after the June jobs report soared past economists’ expectations. The GovCon Index closed up 1.579 percent to 80.813 and …

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June 6 Morning Report: GovCon Index Posts Narrow Friday Gain on May Jobs Data

The GovCon Index closed Friday with a narrow gain of 0.091 points to 79.018 for its third consecutive week in positive territory as the Labor Department reported May jobs data below expectations. According to CNBC, analysts have also indicated that the Federal Reserve could implement a 54-percent increase in the interest rate as …

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March 4 Market Close: GovCon Index Up on Jobs Data, Engility & Navistar Extend Rallies

The GovCon Index posted a modest gain of 0.247 points to 73.958 Friday on a new Labor Department jobs report that investors believe does not indicate further interest rate hikes at the moment. Friday’s positive close puts the Index at a gain of 2.082 percent for the week to record its third consecutive five-day period in …

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February 8 Morning Report: GovCon Index Returns to Correction; Jobs Report Boosts US Dollar

The GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction. The Index also posted a 2.15-percent weekly decline on continued U.S. market volatility and mixed earnings reports from some listed government services companies. Bloomberg reported that the U.S. dollar strengthened after a report from the …

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December 7 Morning Report: GovCon Index Recovers Friday After DOL’s Jobs Report

The GovCon Index posted a gain of 1.645 percent to 78.284 Friday following the latest Labor Department jobs report to recover some losses incurred from Thursday’s plunge. The Index closed the week at a decline of 0.141 percent and achieved a climb of 3.085 percent over the previous month. Top GovCon Index Gainers Symbol Company $ Current …

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November 9 Morning Report: GovCon Index Closes Down, US Traders Up Chance of December Rate Hike

The GovCon Index dropped 0.274 points to close Friday at 78.007 after a mixed day for U.S. markets in which the probability of an interest rate hike in December rose to 70 percent following the October jobs report, according to CNBC. The previous week saw the Index end at a nominal gain of 0.053 points. …

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