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Historic low layoffs underpin US labor market; factory gate price pressures rising

Historic low layoffs underpin US labor market; factory gate price pressures rising

By Lucia Mutikani WASHINGTON, Oct 1 (Reuters) - New applications for US unemployment benefits drifted close to 57-year lows last week and layoffs decreased in September, suggesting labor market stability persisted even as employers remained cautious about boosting hiring.
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US job growth slows sharply in September; unemployment rate rises to 4.2%

US job growth slows sharply in September; unemployment rate rises to 4.2%

By Lucia Mutikani WASHINGTON, Oct 2 (Reuters) - US job growth slowed more than expected in September, but that likely does not signal a material shift in the labor market, with the weakness likely related to a calendar quirk.
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US manufacturing steady in September, input prices increase

US manufacturing steady in September, input prices increase

WASHINGTON, Oct 1 (Reuters) - US manufacturing activity was little changed in September, with prices for inputs surging amid strong demand, pointing to sustained inflation pressures.
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Canadian factory PMI hits six-month low in September on trade frictions

Canadian factory PMI hits six-month low in September on trade frictions

By Fergal Smith TORONTO, Oct 1 (Reuters) - Canada's manufacturing sector expanded at the slowest pace in six months in September as trade frictions and elevated energy prices weighed on activity, while confidence in the outlook dropped to the lowest level in nine months.
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US second-quarter GDP revised higher amid robust consumer spending

US second-quarter GDP revised higher amid robust consumer spending

WASHINGTON, Sept 30 (Reuters) - The US economy grew at a solid clip in the second quarter, driven by robust consumer spending and business investment related to the buildout of AI infrastructure.
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US inflation rises below expectations in August, gives the Fed breathing space

US inflation rises below expectations in August, gives the Fed breathing space

By Lucia Mutikani WASHINGTON, Sept 30 (Reuters) - US inflation increased less than expected in August and price pressures were more moderate in the prior month than previously reported, likely reducing the urgency for the Federal Reserve to raise interest rates again in October.
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US construction spending surges in August

US construction spending surges in August

WASHINGTON, Oct 1 (Reuters) - US construction spending unexpectedly surged in August, boosted by outlays on nonresidential structures like offices and power plants, but the trend remained weak as higher mortgage rates weighed on homebuilding. 
ReutersReuters
US inflation rises below expectations in August; consumer spending robust

US inflation rises below expectations in August; consumer spending robust

By Lucia Mutikani WASHINGTON, Sept 30 (Reuters) - US inflation increased less than expected in August and price pressures were more moderate in the prior month than previously reported, likely reducing the urgency for the Federal Reserve to raise interest rates again in October. 
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Wall St climbs as cooling inflation tempers Fed rate-hike concerns

Wall St climbs as cooling inflation tempers Fed rate-hike concerns

By Shashwat Chauhan and Tharuniyaa Lakshmi Sept 30 (Reuters) - Wall Street's main indexes gained on Wednesday, as a softer-than-anticipated inflation reading buoyed hopes that the Federal Reserve might not hike rates as soon as next month.
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US labor market firming amid historic low layoffs

US labor market firming amid historic low layoffs

By Lucia Mutikani WASHINGTON, Oct 1 (Reuters) - New applications for US unemployment benefits drifted close to 57-year lows last week and layoffs decreased in September, suggesting labor market stability persisted even as employers remained cautious about boosting hiring.
ReutersReuters
US weekly jobless claims fall; layoffs drop in September

US weekly jobless claims fall; layoffs drop in September

WASHINGTON, Oct 1 (Reuters) - New applications for US unemployment benefits fell last week and layoffs decreased in September, suggesting that labor market stability persisted even as employers remained cautious about boosting hiring.
ReutersReuters
US job openings fall in August; layoffs remain low

US job openings fall in August; layoffs remain low

WASHINGTON, Sept 29 (Reuters) - US job openings fell in August, but layoffs remained low, pointing to a stable labor market.