Employment data

Economists are bracing for another volatile monthly jobs report and some forecasters are tweaking their models ahead of Friday's data.

It could take the nation, heavily influenced by New York and California, 18 months to return to full employment, Fitch Ratings said.

A disappointing jobs report gives credence to the Federal Reserve’s concern about slack in the labor market.

The state’s seasonally adjusted unemployment rate remains below the national unemployment rate of 6.0%.

Yields jumped as much as 10 basis points as new deals saw some concessions as munis played catch up to the run-up in U.S. Treasury rates after the 10-year hit 1.75% mid-session. Refinitiv Lipper reports nearly $1.3 billion of inflows.

With the reset in yields in the rear view, valuations — especially relative to Treasury — will likely support continued robust demand.

The January employment report headline number disappointed while stimulus news lifted equities and U.S. Treasuries rose on both counts. Municipals ignored those moves ahead of another week of less-than-ample supply.

While Florida has gained jobs for eight straight months, Fitch warns it could take up to four years for the travel, leisure and hospitality sectors to recover, areas that play an important role in the Sunshine State's economy.

The companies said the new offering combines ICE Data Services’ expertise in municipal bond pricing and reference data alongside ADP’s aggregated, anonymized and timely HR and compensation data.

The employment report showed 140,000 decline in nonfarm payrolls in December, but economists found some positives in the numbers.

The 245,000 increase in nonfarm payrolls indicated a slowing, and with lockdowns rising, December's numbers could fall again.

Inflation remains low, while initial jobless claims continue improving, but the coronavirus pandemic looms large.

The Conference Board's Employment Trends Index (ETI) gained to 97.57 in October from 96.33 in September, but remains 11.1% lower than a year ago, the group announced Monday.

Both the ADP employment report and the ISM services PMI came in below estimates, suggesting weakness in the recovery.

The federal funds rate target should remain at the zero lower bound until inflation reaches 2% and remains headed higher, Federal Reserve Bank of Chicago President Charles Evans said Monday.

Payrolls were added and the unemployment rate fell, but some observers saw negatives in the September employment report.

The end-of-month economic data was positive, with even GDP coming in above expectations.

The August employment report was better than anticipated, which could impact the stimulus package being negotiated in Washington, analysts say.

Despite "progress" in getting people back to work, economists say the coronavirus pandemic creates downside risks to recovery.

Number of jobs added falls well below projections, while the non-manufacturing sector report wasn't a boon to employment either.