#labor-market-revisions

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#us-jobs-report #federal-reserve-policy #interest-rates #job-openings #layoffs--discharges #healthcare-hiring
Business
fromFortune
2 weeks ago

Some folks on Wall Street think yesterday's U.S. jobs number was 'implausible' and is thus due for a correction | Fortune

Stronger-than-expected January jobs data reduced odds of Fed rate cuts, boosting bets that rates will stay at 3.5% through April.
fromAxios
5 months ago

There's new evidence the job market is softening

By the numbers: Other key data points in the Job Openings and Labor Turnover Survey were of the nothing-to-see-here variety. The hiring rate was stable, as were the rates at which people voluntarily quit their jobs and were discharged or laid off. There were, however, sharp negative revisions to June numbers, particularly in layoffs and discharges. The number of job openings in June was revised down by 80,000, and the number of people who lost their jobs involuntarily that month was revised up by a whopping 192,000 from the earlier estimate.
US news
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