A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
The strong jobs report alleviated recession fears, indicating economic resilience with robust job growth and a drop in unemployment to 4.1%.
U.S. Added Blowout 254K Jobs in September, Unemployment Rate Dips to 4.1%
Stronger than expected jobs data for September diminishes chances for a 50 basis point rate cut by the Fed in November.
Recession Fears May Be Overstated, but Not Unfounded
The U.S. economy showed unexpected weakness in the job market, causing concerns about a possible economic downturn.
U.S. Added Just 114K Jobs in July, Unemployment Rate Shoots Up to 4.3%
The U.S. added 114,000 jobs in July, below expectations, leading to a rise in the unemployment rate to 4.3%. The reaction in traditional markets was significant, with Treasury yields dropping and stocks declining.
September Jobs Report Exceeds Expectations | Entrepreneur
U.S. economy surpassed expectations by adding 254,000 jobs in September, lowering unemployment to 4.1%.
Even with job growth, there are signs of uneven distribution and labor market weaknesses.
November Jobs Report: Job Numbers Up, But So Is Unemployment | Entrepreneur
November's jobs report indicates a rebound in employment, with 227,000 new jobs added, despite a rise in the unemployment rate to 4.2%.
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
The strong jobs report alleviated recession fears, indicating economic resilience with robust job growth and a drop in unemployment to 4.1%.
U.S. Added Blowout 254K Jobs in September, Unemployment Rate Dips to 4.1%
Stronger than expected jobs data for September diminishes chances for a 50 basis point rate cut by the Fed in November.
Recession Fears May Be Overstated, but Not Unfounded
The U.S. economy showed unexpected weakness in the job market, causing concerns about a possible economic downturn.
U.S. Added Just 114K Jobs in July, Unemployment Rate Shoots Up to 4.3%
The U.S. added 114,000 jobs in July, below expectations, leading to a rise in the unemployment rate to 4.3%. The reaction in traditional markets was significant, with Treasury yields dropping and stocks declining.
September Jobs Report Exceeds Expectations | Entrepreneur
U.S. economy surpassed expectations by adding 254,000 jobs in September, lowering unemployment to 4.1%.
Even with job growth, there are signs of uneven distribution and labor market weaknesses.
November Jobs Report: Job Numbers Up, But So Is Unemployment | Entrepreneur
November's jobs report indicates a rebound in employment, with 227,000 new jobs added, despite a rise in the unemployment rate to 4.2%.
America's economy has outperformed, with high growth, low unemployment, and declining inflation. Messaging carefully economic success is crucial despite external skepticism.
Hiring jumped in May but so did unemployment
Hiring rebounded in May with 272,000 jobs added, yet unemployment slightly increased to 4%. Strong wage gains could pressure inflation and interest rates.
Krugman: All the good economic news vindicates Bidenomics
Recent economic indicators show strong job growth and low inflation, suggesting Bidenomics has been successful contrary to prior predictions of economic depression.
Consumer spending increased in July as expected
Consumer spending increased in July, suggesting economic stability and complicating potential interest rate cuts by the Federal Reserve.
U.S. jobs report reveals a sturdy labor market with unemployment down to 4.2%
Job growth has increased slightly, with employers adding 142,000 jobs in August, indicating a sturdy job market despite a cooling trend.
Federal Reserve holds interest rates at 23-year high until inflation further cools
The Federal Reserve plans no interest rate cuts until inflation slows sustainably to 2% target.
Opinion | Should Biden Downplay His Own Success?
America's economy has outperformed, with high growth, low unemployment, and declining inflation. Messaging carefully economic success is crucial despite external skepticism.
Hiring jumped in May but so did unemployment
Hiring rebounded in May with 272,000 jobs added, yet unemployment slightly increased to 4%. Strong wage gains could pressure inflation and interest rates.
Krugman: All the good economic news vindicates Bidenomics
Recent economic indicators show strong job growth and low inflation, suggesting Bidenomics has been successful contrary to prior predictions of economic depression.
Consumer spending increased in July as expected
Consumer spending increased in July, suggesting economic stability and complicating potential interest rate cuts by the Federal Reserve.
U.S. jobs report reveals a sturdy labor market with unemployment down to 4.2%
Job growth has increased slightly, with employers adding 142,000 jobs in August, indicating a sturdy job market despite a cooling trend.
Federal Reserve holds interest rates at 23-year high until inflation further cools
The Federal Reserve plans no interest rate cuts until inflation slows sustainably to 2% target.
September jobs report blows past expectations, showing hiring surge
U.S. hiring exceeded expectations in September, indicating resilience in the labor market despite overall economic slowdown.
U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut
U.S. job growth in August was 142,000, below expectations, but the unemployment rate decreased to 4.2%.
Downward revisions to previous job growth numbers depict a weaker employment status.
Bitcoin's price rose following the job report despite overall lower market performance.
US dollar holds ground ahead of payrolls, unemployment figures and Fed speeches - London Business News | Londonlovesbusiness.com
Market participants are cautiously waiting for key economic data, including Nonfarm Payrolls and unemployment rates, before making significant moves with the dollar.
September jobs report blows past expectations, showing hiring surge
U.S. hiring exceeded expectations in September, indicating resilience in the labor market despite overall economic slowdown.
U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut
U.S. job growth in August was 142,000, below expectations, but the unemployment rate decreased to 4.2%.
Downward revisions to previous job growth numbers depict a weaker employment status.
Bitcoin's price rose following the job report despite overall lower market performance.
US dollar holds ground ahead of payrolls, unemployment figures and Fed speeches - London Business News | Londonlovesbusiness.com
Market participants are cautiously waiting for key economic data, including Nonfarm Payrolls and unemployment rates, before making significant moves with the dollar.
Jobs Report Will Be Latest Test of U.S. Economy's Resilience
Labor market outlook remains positive with moderate job growth expected in May, signaling a new normal. Federal Reserve focuses on inflation over potential labor market shifts.
The number of job openings has declined sharply in every state
The number of job openings has sharply declined in every state since 2022, with a more balanced ratio of job openings to unemployed persons nationally.
Why you shouldn't worry about the job market and a recession just yet
Despite a rising unemployment rate, the labor market shows strength with high workforce participation and low permanent layoffs.
The labor market might not be as weak as it appears
The recent rise in unemployment may not accurately reflect the true state of the labor market due to temporary layoffs and people taking longer to find jobs.
April 2024 US employment report: Cooling, but still tight
The April US employment report reflected a cooler labor market with sub-expectations in payrolls growth and slightly higher unemployment.
Canada's job numbers almost unchanged in March, while unemployment rose to 6.1% | CBC News
Canadian economy lost 2,200 jobs in March, unemployment rate rose to 6.1%.
Jobs Report Will Be Latest Test of U.S. Economy's Resilience
Labor market outlook remains positive with moderate job growth expected in May, signaling a new normal. Federal Reserve focuses on inflation over potential labor market shifts.
The number of job openings has declined sharply in every state
The number of job openings has sharply declined in every state since 2022, with a more balanced ratio of job openings to unemployed persons nationally.
Why you shouldn't worry about the job market and a recession just yet
Despite a rising unemployment rate, the labor market shows strength with high workforce participation and low permanent layoffs.
The labor market might not be as weak as it appears
The recent rise in unemployment may not accurately reflect the true state of the labor market due to temporary layoffs and people taking longer to find jobs.
April 2024 US employment report: Cooling, but still tight
The April US employment report reflected a cooler labor market with sub-expectations in payrolls growth and slightly higher unemployment.
Workers today have abundant job opportunities, higher pay, and improved job satisfaction, reflecting a historically strong labor market.
Is the August jobs report exactly what the Fed needed to hear?
August's nonfarm payroll job growth indicates a cooling job market, potentially influencing the Federal Reserve's interest rate decisions.
The Job Market Shifted Into Lower Gear
April's job report showed slower growth than expected, but overall stability in the labor market.
Southern California's jobs picture is improving; glimmer of hope seen in Hollywood employment
California's unemployment rate of 5.2% ties with Nevada but shows improvements in job additions and decrease in unemployment, especially in transportation and film sectors.
UK unemployment falls slightly as pay growth slows
Unemployment rate in the UK decreased to 4.2% while wage growth slowed at an annual rate of 5.4%. However, caution is advised due to signs of a cooling job market.
Dallas neighbor clocks in with 10th best job market in the U.S.
Frisco ranked in the top 10 best job markets in the U.S., with factors like low unemployment rate, high median earnings, and significant remote work opportunities.
Workers fare better than four years ago
Workers today have abundant job opportunities, higher pay, and improved job satisfaction, reflecting a historically strong labor market.
Is the August jobs report exactly what the Fed needed to hear?
August's nonfarm payroll job growth indicates a cooling job market, potentially influencing the Federal Reserve's interest rate decisions.
The Job Market Shifted Into Lower Gear
April's job report showed slower growth than expected, but overall stability in the labor market.
Southern California's jobs picture is improving; glimmer of hope seen in Hollywood employment
California's unemployment rate of 5.2% ties with Nevada but shows improvements in job additions and decrease in unemployment, especially in transportation and film sectors.
UK unemployment falls slightly as pay growth slows
Unemployment rate in the UK decreased to 4.2% while wage growth slowed at an annual rate of 5.4%. However, caution is advised due to signs of a cooling job market.
Dallas neighbor clocks in with 10th best job market in the U.S.
Frisco ranked in the top 10 best job markets in the U.S., with factors like low unemployment rate, high median earnings, and significant remote work opportunities.
Forecasters Expect a Healthy Jobs Report, but a Downshift From June
The Labor Department monthly employment report is expected to show the addition of 175,000 jobs in July, with a keen focus on unemployment rates and wage gains.
Opinion | The Economy Is Looking Pre-Recessionary
Policymakers need to act quickly to prevent economic deterioration similar to intervening in prediabetic conditions to prevent Type 2 diabetes.
Forecasters Expect a Healthy Jobs Report, but a Downshift From June
The Labor Department monthly employment report is expected to show the addition of 175,000 jobs in July, with a keen focus on unemployment rates and wage gains.
Opinion | The Economy Is Looking Pre-Recessionary
Policymakers need to act quickly to prevent economic deterioration similar to intervening in prediabetic conditions to prevent Type 2 diabetes.
Unemployment rate jumped to 4.3% in July as hiring hit the brakes
U.S. hiring decelerated sharply with weak job additions, influenced by high interest rates and lower-than-expected figures, with a rising unemployment rate signaling potential economic challenges.
CNE job fair draws thousands in search of work | CBC News
The CNE job fair in Toronto attracted 37,000 people for seasonal jobs, amidst concerns about increased competition due to high youth unemployment rates.
Jill Biden says an agreement to let federal employee military spouses work from overseas is overdue
Allowing military spouses of federal employees to work from overseas is crucial for national security.
US job growth in May exceeded expectations with 272,000 jobs added, breaking a 27-month streak of below-4% unemployment.
Fact check: Unemployment under Labour and Facebook ads
Labour governments historically left with higher unemployment, but there have been exceptions; some Conservative governments also saw increases. Unemployment lower now than in 2010 under the Conservatives.
OECD unemployment rate stable at 4.9% in April 2024 - London Business News | Londonlovesbusiness.com
The OECD unemployment rate was stable at 4.9% in April 2024, with variations in different countries.