Economic Report: U.S. gains 155,000 jobs, unemployment stays at 3.7% in plain-vanilla November labor report [MarketWatch]
AllianceBernstein Holding L.P. Units (AB)
Last alliancebernstein holding l.p. units earnings: 4/28 06:20 am
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Source: MarketWatch
U.S. gains 155,000 jobs, unemployment stays at 3.7% in plain-vanilla November labor report The numbers: The still-expanding economy created 155,000 new jobs in November to keep the unemployment rate at a 49-year low, a reassuring sign amid fresh worries over whether a nine-and-a-half-year-old expansion is starting to wobble. Although hiring fell short of Wall Street expectations, the increase in new jobs was still double the number of people entering the labor force each month. Economists polled by MarketWatch had forecast a 190,000 gain in nonfarm jobs. What’s more, an unexpected surge in hiring in 2018 has knocked the unemployment rate to the lowest level since 1969. The jobless rate remained at 3.7% for the third month in a row. At the same time, the flush of new jobs is contributing to the fastest pay gains for workers in nine years. The amount of money the average worker earns rose 6 cents to $27.35 an hour last month. The increase in pay over the past 12 months was unchanged at
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AB
Earnings
- 4/25/24 - Beat
AB
Sec Filings
- 4/25/24 - Form 8-K
- 4/25/24 - Form 10-Q
- 4/9/24 - Form 8-K
- AB's page on the SEC website