Tag: Jobs Data
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Jobless rate hits 3-year high 5.3% in July amid storms
The country’s unemployment rate rose to 5.3 percent in July 2025, the highest level since August 2022, despite a shrinking labor force—weighed down largely by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported Wednesday.
Wall Street advances on hopes Fed will cut rates
U.S. stocks rallied Monday as weak jobs data bolstered expectations that the Federal Reserve could begin cutting interest rates in the coming months.
T-Bill yields mixed as slew of data loom
Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.
