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US U-6 Unemployment Rate (Feb) 7.9% (Prev. 8.1%, Rev. From 8%)

The U-6 unemployment rate for February decreased to 7.9%, a slight improvement from the previously reported 8.1% and a revision from 8%.

Newsquawk StaffPublished On the live feed at — 7 more headlines followed before this page went public
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UKMTO reports that a tugboat was hit by a unknown projectile within the Strait of Hormuz

Western Alliance Bancorp (WAL) CEO says until last week, the loan had performed as expected, adds that they can absorb the loss with minimal disruption

US U-6 Unemployment Rate (Feb) 7.9% (Prev. 8.1%, Rev. From 8%)

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Jefferies (JEF) believes that Western Alliance (WAL) lawsuit is without merit and it will be defended vigorously

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This decline suggests a strengthening labor market, potentially influencing expectations around Federal Reserve policy, particularly in relation to growth and inflation considerations.

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