The stock market rally, now under pressure, continued to digest Fed chief Jerome Powell’s hawkish comments that the peak or “terminal” fed…
Tag: U.S. jobs
Apple’s iOS app economy now supports more than 2.2 million U.S. jobs
The iOS app economy continued its track record as an engine of economic growth in 2021, supporting more than 2.2 million jobs in the U.S…
America lost 301,000 jobs in January – ADP
Companies cut jobs in January for the first time in more than a year, payroll processing firm ADP reported Wednesday. Private payrolls fell…
U.S. stock futures drop ahead of jobless claims amid economic recovery worries
U.S. stock index futures fell on Thursday ahead of weekly jobless claims data, as worries over slowing economic growth were a drag…
U.S. job creation for August was a huge disappointment, sharply misses expectations
U.S. job creation for August was a huge disappointment with non-farm payroll growth in August increased by just 235,000 vs. expectations…
ADP U.S. unemployment report misses badly, with only 330,000 jobs added amid inflation concern
Private payroll firm ADP’s U.S. unemployment report on Wednesday revealed that employers added a disappointing 330,000 jobs in July…
Apple gains in premarket trading on downbeat U.S. jobs report
Futures tracking the NASDAQ jumped more than 1% on Friday as mega-cap growth stocks rallied in premarket trading after a downbeat jobs report…
U.S. jobs report sharply misses expectations, unemployment rate rises to 6.1%
The U.S. economy added 266,000 jobs in April, sharply missing economists’ expectations to mark the largest expectation gap in 23 years…
Apple to invest more than $430 billion in America over next five years
Apple today announced an acceleration of investments in America, with plans to make new contributions of more than $430 billion and…
U.S. job growth stronger than expected in October, unemployment rate slides to 6.9%
U.S. job growth posted a stronger than expected gain in October. U.S. nonfarm payrolls increased by 638,000 for the month and…
U.S. private employers add 749,000 jobs in September, topping expectations
U.S. private employers hired at a faster-than-expected pace in September, created 749,000 new jobs last month, according to the ADP…
U.S. job creation exceeds expectations, unemployment rate falls to 8.4%
In a welcome sign, the U.S. has returned to single digit unemployment rate numbers, falling to 8.4%, down from 10.2% in June…
Fed Chairman Powell announces major policy shift in approach to inflation
The U.S. Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run higher than…
U.S. economy tops expectations with 1.8M jobs added; unemployment rate falls to 10.2%
The U.S. economy topped expectations with 1.8 million jobs added in July. The unemployment rate fell to 10.2%, down from 11.1% in June…
U.S. economy adds record-breaking 4.8M jobs in June, smashing expectations; unemployment rate falls
A new U.S. Labor Department report shows U.S. employers added 4.8 million jobs in June. The biggest increase on record. Unemployment dropped more than…
Nasdaq hits record high as U.S. economy shows signs of swift rebound
On growing hopes of a swift economic rebound, the Nasdaq on Friday became the first of the three major U.S. stock indexes to bounce back to a record high …
U.S. surprisingly adds 2.5 million jobs, unemployment rate falls to 13.3%
The May jobs report showed a surprising rise in the number of U.S. non-farm payrolls in the economy and a drop in the U.S. unemployment rate from April…
U.S. stocks surge as jobs and services data show signs economy likely near bottom
As labor and services data showed a slowdown in the pace of the economic damage wrought by the COVID-19 shutdowns, U.S. stocks surged, adding to…
Apple CEO Tim Cook: President Trump and I both care about creating jobs
Apple CEO Tim Cook discusses coronavirus’ impact on Apple and interests he shares with president Donald Trump, including the creation of jobs in America…
Tim Cook on innovation, creating U.S. jobs, Apple’s greatest contribution to humankind, and more
Apple CEO Tim Cook on Tuesday defended the company’s record of creating jobs in the U.S., rejecting criticism that the company outsources too much to China…
Dow rallies more than 350 points as U.S. unemployment hits 50-year low
The U.S. economy added 136,000 jobs in September as the unemployment rate fell to 3.5 percent, its lowest since 1969, the Bureau of Labor Statistics said…
Apple awards an additional $250 million from Advanced Manufacturing Fund to Corning
Apple today announced it is awarding $250 million from its Advanced Manufacturing Fund to Corning, supplier of precision glass for iPhone, Apple Watch and iPad…
Apple is on track to deliver their $350 billion promise
Last year, Apple promised that it would make a positive impact of $350 billion on the U.S. economy over a five-year period…
Apple’s U.S. job footprint grows to 2.4 million
Altogether, Apple is responsible for creating and supporting 2.4 million US jobs across all 50 states, four times the number of American jobs attributable to the company eight years ago…
Stocks higher as January jobs report smashes estimates despite government shutdown
On a year-over-year basis, wage growth amounted to a 3.2 percent increase, consistent with the past few months and around the highest levels of the recovery…
Component manufacturing drives Apple’s U.S. job creation
In 2018, Apple spent $60 billion with 9,000 American component suppliers and companies…
U.S. weekly jobless claims fall to the lowest level since 1969
The number of Americans filing applications for unemployment benefits fell to more than a 49-year low…
Dow rallies 300 points at the open on monster U.S. jobs report, tech stocks jump
The U.S. economy added 312,000 jobs last month, much more than the expected 176,000…
U.S. job creation surged way more than expected in December – report
At the current pace of job growth, low unemployment will get even lower…
U.S. worker pay rate hits highest level since 2008
Compensation for workers rose to a nearly 10-year high in the second quarter as inflation pressures continued…
North Carolina governor ‘hopeful’ to win Apple campus despite the company’s silence
Despite a lack of news over recent weeks, Apple is rumored to be eyeing Research Triangle Park…
Dow rises as Wall Street weighs strong U.S. jobs report, Trump administration’s China tariffs
Stocks were higher on Friday, July 6, after the U.S. added more jobs to payrolls in June than expected…
Apple supplier Foxconn purchases North American headquarters in Milwaukee
Foxconn Technology Group has purchased a downtown Milwaukee building to house its North American headquarters…
Wall Street higher on robust U.S. jobs data, Apple leads tech rally
U.S. stocks climbed on Monday led by gains in technology shares and Friday’s robust jobs data…
Apple’s announcement of new campus location said to be imminent
Amazon is still considering the Triangle for its huge HQ2 project, and downtown Raleigh…
How Apple transformed a North Carolina town
For the second time in a decade, Apple looks to be focused on North Carolina..
Apple’s decision could lead to another Research Triangle Park evolution
Apple’s new, $5 billion headquarters in California sprawls across 175 acres in suburban Cupertino…
Apple takes different tack than Amazon, secretly searches for new east coast campus
The world’s two most valuable technology companies — Apple Inc. and Amazon.com Inc….
LGBT groups seethe as Apple eyes North Carolina site for new corporate campus
LGBT activists are reacting with anger and dismay at the prospect that Apple might build its new corporate campus in North Carolina…
Apple close to deal to build major new campus in North Carolina’s Research Triangle pending tax breaks
Apple is close to announcing a deal that would bring as many as 10,000 jobs to North Carolina…
Apple quietly explores Northern Virginia for 20,000-employee campus
Apple has quietly explored the idea of opening a campus for 20,000 employees in Northern Virginia…
Apple CEO Cook is right when he says the iPhone is a U.S. product
Cook is rightfully frustrated with the perceived wisdom that the iPhone is…