The US economy added a better-than-expected 531,000 jobs last month as a wide range of industries took on workers
The US economy added a better-than-expected 531,000 jobs last month.WASHINGTON - Blockbuster job creation helped push US stocks to new records on Friday, with an added boost from news of Pfizer's new Covid-19 treatment.
The better-than-expected result indicated hiring is resurging as Covid-19 infections decline, and job gains in August and September were 235,000 stronger than originally reported. "With America's resurgent economy piling on well over half a million new jobs in October alone, we're firmly in boom territory."
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks on front foot before US jobs dataEurope's main stock markets rose Friday, with Paris hitting a record peak as investors awaited key US jobs data.
Read more »
US judge sets January hearing for Prince Andrew sex assault caseThe Duke of York, 61, has been under increasing pressure since August when Virginia Giuffre, 38, filed a complaint in Manhattan federal court accusing Queen Elizabeth's second son of sexual assault when she was a minor over 20 years ago.
Read more »
JSE likely to tread water ahead of US nonfarm payrolls reportLocal bourse could struggle to find direction given the mixed signals from Asia
Read more »
Asian markets struggle to track Wall St rally, eyes on US jobsAsian markets were mixed Friday following the previous day's gains, with eyes on the release of key US jobs data later in the day, while investors are also assessing the outlook for central bank monetary policy in the face of surging inflation.
Read more »
US Supreme Court conservatives take aim at New York gun limitsConservative US Supreme Court justices on Wednesday appeared ready to shoot down New York state's limits on carrying concealed handguns in public in a major gun rights case that could imperil various firearms restrictions nationally.
Read more »
US among 20 nations to stop funding foreign fossil fuel projectsAbsence of large countries such as China, Japan and Germany weakens the COP26 pledge
Read more »