US job openings increased in March to the highest level in eight months and layoffs continued to decline, indicating the labour market remains fairly robust despite April's slowdown in employment gains.
The firmer labour marke
Asian share prices held firm on Monday after solid US payroll data underpinned investor risk sentiment while dovish comments from Federal Reserve Chair Janet Yellen the previous week kept the US dollar in check.
Oil prices dropped
Asian shares hit two-month highs on Monday, extending their sharp gains in the previous four sessions, following upbeat US jobs data and rebound in oil commodity prices.
Investors also look to Chinese markets' reaction to Beij
US Democratic presidential candidate Hillary Clinton plans to make job creation the focus of her campaign over the next month, beginning with a $275 billion infrastructure spending plan that will be released this week.
US employers added the fewest number of jobs in more than a year in March, which could heighten concerns over the recent slowdown in economic growth and delay an anticipated interest rate increase by the Federal Reserve.
US employers stepped up hiring in February and the jobless rate fell to its lowest level since the spring before President Barack Obama took office, which could put pressure on the Federal Reserve to raise interest rates in June.
US job growth rose solidly in January and wages rebounded, a show of economic strength that put a mid-year interest rate increase from the Federal Reserve back on the table.
Non-farm payrolls increased 257,000 last month, the Labo
US job growth increased briskly in December, but wages posted their biggest decline in at least eight years in a sign the tightening labour market has yet to give much of a boost to workers.
Nonfarm payrolls increased by 252,000 l
Gold tumbled to its lowest level in around 15 months on Monday after better-than-expected US jobs data boosted the dollar, dampening safe-haven appetite for bullion and pushing silver and platinum to multi-year lows.
Gold, which o
Brent crude continued to fall on Monday and stayed below $101 a barrel after disappointing US jobs data outweighed buoyant Chinese export and oil import figures.
Brent and U.S. crude futures both fell more than $1 on Friday after