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Tag Archives: unemployment

Unemployment Levels Near 5-Month Low

The number of Americans filing for unemployment benefits fell to their lowest level in nearly five months last week to a seasonally adjusted 233,000. This level was lower than anticipated, as economists had predicted claims falling to 245,000. Last month 222,000 jobs were created, swelling payrolls to their second biggest …

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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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U.S. Adds 211,000 jobs in April; Unemployment Dips to 4.4 Percent

Employment rates in April rebounded better than expected, as employers added a solid 211,000 jobs. Unemployment dipped to 4.4 percent, its lowest rate in a decade, the Labor Department said Friday. The market added an average of 185,000 jobs a month this year, matching last year’s pace, reports CBS. Hiring was strongest in …

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December 14 Market Close: GovCon Index, US Stocks Turn Lower After Rate Hike Announcement

Executive Mosaic’s GovCon Index turned from neutral to negative territory Wednesday as did the U.S. stock bellwether S&P 500 composite index after the Federal Reserve raised interest rates for only a second time since the 2008 financial crisis. GovCon Index decliners outnumbered gainers by a 9-to-1 ratio as three of its 11 S&P 500 …

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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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April 1 Market Close: GovCon Index, US Stocks Up on March Jobs Report to Hold Off Early Oil Pressure

The GovCon Index posted a gain of 0.348 points to 74.380 in a reflection of overall positive movement in U.S. markets Friday on March jobs figures that exceeded some economists’ expectations and new manufacturing data that showed some recovery in that sector. Both the Index and S&P 500 composite index held …

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March 31 Market Close: GovCon Index Narrowly Down to Notch 1Q Loss as Earnings Season Awaits

The GovCon Index had its three-day streak of gains halted Thursday with a slight decline of 0.302 points to 74.032 that ends the first quarter of 2016 in the negative as many GCI contractors prepare to detail their January-March financial results. From Dec. 31, the Index has fallen 2.242 percent on volatility in GCI stocks for …

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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 28 Morning Report: GovCon Index Gain Streak Ends in Half-Day Christmas Eve Session

The GovCon Index‘s three-day streak of consecutive gains ended Thursday with a decline of 0.171 points to 76.636 in a half-day Christmas Eve session for U.S. financial markets, which closed at 1 p.m. Eastern time. Declines in energy stocks drove U.S. stocks to slight losses and nine out of 10 S&P 500 …

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September 4 Market Close: GovCon Index Falls 2%, US Markets Decline on Interest Rate Uncertainty

The GovCon Index declined 1.372 percent to 70.966 Friday as U.S. markets also fell on continued uncertainty by investors on whether the Federal Reserve will raise interest rates at its next meeting Sept. 16 and 17. Health Net at 0.33 percent up (NYSE: HNT) was the only Index company to close at …

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