tag US wages

U.S. consumer spending, housing data bolster economic outlook

EghtesadOnline: U.S. consumer spending accelerated in December as households bought motor vehicles and cold weather boosted demand for utilities amid a rise in wages, pointing to sustained domestic demand that could spur economic growth in early 2017.
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Publish Date:31/January/2017 | 05:26

U.S. job growth slows, but wages rebound strongly

EghtesadOnline: U.S. employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year.
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Publish Date:07/January/2017 | 05:37

Fed says U.S. wage and price gains still modest; activity mixed

EghtesadOnline: The U.S. economy continued to expand in October and November, the Federal Reserve said on Wednesday, but there were only modest gains in wages and prices and the strong dollar was weighing on manufacturers.
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Publish Date:30/November/2016 | 19:58

ECB Indecision Fuels Euro Slide, Dollar Rebound After Jobs Miss

EghtesadOnline: The euro fell and the dollar pared losses on reports European Central Bank officials may still be a ways away from detailing plans to scale back asset purchases, reversing earlier moves triggered by below-consensus gains in U.S. jobs and wages.
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Publish Date:02/September/2017 | 05:34

Dollar hits three-week high vs yen after NY Fed president's comments

EghteadOnline: The dollar hit a three-week high against the yen on Tuesday, after an influential Federal Reserve official said U.S. inflation should rise alongside wages, supporting expectations for the Fed to keep raising interest rates.
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Publish Date:20/June/2017 | 05:37

Gold Seen Rising to Four-Year High as Fed ‘Gentle’ on Rates

EghtesadOnline: Gold may extend gains after climbing to the highest level in six weeks following disappointing monthly reports on U.S. employment and wages, according to two analysts attending a conference in Singapore this week.
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Publish Date:05/June/2017 | 24:25
Robots have a real impact on jobs and wages, new research shows

Robots Are Slashing U.S. Wages and Worsening Pay Inequality

EghtesadOnline: Robots have long been maligned for job-snatching. Now you can add depressing wages and promoting inequality to your list of automation-related grievances.
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Publish Date:01/April/2017 | 19:55

Strong U.S. job growth, rising wages set stage for Fed rate hike

EghtesadOnline: U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to raise interest rates next week despite slowing economic growth.
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Publish Date:11/March/2017 | 24:25

Dollar subdued after U.S. wage growth disappoints

EghtesadOnline: The dollar started the week on the back foot on Monday, after U.S. data showed a smaller-than-expected rise in wages in January that reinforced expectations the Federal Reserve will refrain from raising interest rates next month.
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Publish Date:06/February/2017 | 06:27

European shares dip, sterling falls on Brexit comments

EghtesadOnline: The dollar edged higher on Monday, boosted by robust U.S. wage growth data strengthening the case for more Federal Reserve interest rate increases, while Britain's pound fell on Prime Minister Theresa May's hint at no membership of the EU's single market.
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Publish Date:09/January/2017 | 24:53