U.S. Economy Added 818,000 Fewer Jobs Than First Reported
The U.S. job market is slowing down, with significant downward revisions to job creation figures leading to expectations of interest rate cuts by the Fed.
US Nonfarm Payroll Growth Revised Down: Labor Department | Entrepreneur
The U.S. economy produced 818,000 fewer jobs than initially reported from April 2023 through March 2024, signaling weaker labor market conditions.
FX analysis: US payrolls plunge to 12,000 amid storms and strikes - London Business News | Londonlovesbusiness.com
US job growth in October was significantly below expectations, adding only 12,000 jobs, affected by hurricanes and strikes, but the unemployment rate remains stable.
Fed governor doesn't see a recession but is open to jumbo rate cuts
Federal Reserve may cut interest rates soon due to declining labor market conditions.
Waller indicates readiness for aggressive rate cuts if necessary.
U.S. Economy Added 818,000 Fewer Jobs Than First Reported
The U.S. job market is slowing down, with significant downward revisions to job creation figures leading to expectations of interest rate cuts by the Fed.
US Nonfarm Payroll Growth Revised Down: Labor Department | Entrepreneur
The U.S. economy produced 818,000 fewer jobs than initially reported from April 2023 through March 2024, signaling weaker labor market conditions.
FX analysis: US payrolls plunge to 12,000 amid storms and strikes - London Business News | Londonlovesbusiness.com
US job growth in October was significantly below expectations, adding only 12,000 jobs, affected by hurricanes and strikes, but the unemployment rate remains stable.
Fed governor doesn't see a recession but is open to jumbo rate cuts
Federal Reserve may cut interest rates soon due to declining labor market conditions.
Waller indicates readiness for aggressive rate cuts if necessary.
Unemployment falls and wage growth eases - London Business News | Londonlovesbusiness.com
UK earnings growth has dropped to its lowest since 2022, with job vacancies declining significantly.
Inflation adjusted earnings growth eases
Annual earnings growth varied between regular and total earnings, with public sector leads in growth. The possibility of a summer rate cut remains promising due to marginal inflation-adjusted earnings reduction.
Unemployment falls and wage growth eases - London Business News | Londonlovesbusiness.com
UK earnings growth has dropped to its lowest since 2022, with job vacancies declining significantly.
Inflation adjusted earnings growth eases
Annual earnings growth varied between regular and total earnings, with public sector leads in growth. The possibility of a summer rate cut remains promising due to marginal inflation-adjusted earnings reduction.
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California lost 222 big employers in 4 years, 3rd-most in the US
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