Unemployment holds steady at 4.4% below BoE's 4.5% forecast - London Business News | Londonlovesbusiness.comUK's labour market remains fragile as 2024 approaches, with steady unemployment but increasing earnings pressures against inflation targets.
Bank of England expected 'to hold' interest rates amid uncertainty of the Budget - London Business News | Londonlovesbusiness.comUK employment conditions are steady, but data reliability issues raise concerns for policymakers.Earnings growth is too high for a sustainable return to the 2% inflation target.
Unemployment holds steady at 4.4% below BoE's 4.5% forecast - London Business News | Londonlovesbusiness.comUK's labour market remains fragile as 2024 approaches, with steady unemployment but increasing earnings pressures against inflation targets.
Bank of England expected 'to hold' interest rates amid uncertainty of the Budget - London Business News | Londonlovesbusiness.comUK employment conditions are steady, but data reliability issues raise concerns for policymakers.Earnings growth is too high for a sustainable return to the 2% inflation target.
Workers fare better than four years agoWorkers 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.
Tech unemployment jumps, even as job openings increaseTech unemployment rate increased from 2.0% to 2.9% in January despite job openings rising.
The U.S. job market is strikingly robustThe U.S. job market remains strong, with recent data alleviating recession concerns for the month.
Hotter-than-expected labor market decreases likelihood of Fed interest rate cutsThe job market shows resilience with rising employment and wages, reducing the likelihood of further Fed interest rate cuts.
December jobs report comes in stronger than expectedJob growth remains strong, adding 256,000 jobs in December, while unemployment slightly decreased to 4.1%.Wages are rising faster than inflation, boosting consumer confidence.
Workers fare better than four years agoWorkers 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.
Tech unemployment jumps, even as job openings increaseTech unemployment rate increased from 2.0% to 2.9% in January despite job openings rising.
The U.S. job market is strikingly robustThe U.S. job market remains strong, with recent data alleviating recession concerns for the month.
Hotter-than-expected labor market decreases likelihood of Fed interest rate cutsThe job market shows resilience with rising employment and wages, reducing the likelihood of further Fed interest rate cuts.
December jobs report comes in stronger than expectedJob growth remains strong, adding 256,000 jobs in December, while unemployment slightly decreased to 4.1%.Wages are rising faster than inflation, boosting consumer confidence.
U.S. economy adds 227,000 jobs in NovemberThe U.S. economy showed significant job recovery in November, supporting economic resilience despite inflation concerns.
Employers added only 12,000 jobs in October. That seems bad but there's a catchThe October job report suggests a cooling labor market, influenced by strikes and hurricanes, yet overall economy remains resilient.
US economy added fewer jobs than expected, as unemployment rate falls to 4.2% business liveThe US economy showed signs of softening with lower job creation than expected, despite a dip in unemployment rate.
Labor Market Shows Unexpected StrengthThe American economy shows strong resilience with significant job growth and declining unemployment, alleviating fears of an impending recession.
The US added very few jobs in October after hurricanes and strikes shook the economyUS economy added only 12,000 jobs in October, far below the 106,000 forecast, while unemployment rate remained steady at 4.1%.
New Jobs Report Shows a Resilient, Strong Economy: Experts | EntrepreneurThe U.S. job market remains strong with significant job additions, reducing the likelihood of immediate rate cuts by the Fed.
U.S. economy adds 227,000 jobs in NovemberThe U.S. economy showed significant job recovery in November, supporting economic resilience despite inflation concerns.
Employers added only 12,000 jobs in October. That seems bad but there's a catchThe October job report suggests a cooling labor market, influenced by strikes and hurricanes, yet overall economy remains resilient.
US economy added fewer jobs than expected, as unemployment rate falls to 4.2% business liveThe US economy showed signs of softening with lower job creation than expected, despite a dip in unemployment rate.
Labor Market Shows Unexpected StrengthThe American economy shows strong resilience with significant job growth and declining unemployment, alleviating fears of an impending recession.
The US added very few jobs in October after hurricanes and strikes shook the economyUS economy added only 12,000 jobs in October, far below the 106,000 forecast, while unemployment rate remained steady at 4.1%.
New Jobs Report Shows a Resilient, Strong Economy: Experts | EntrepreneurThe U.S. job market remains strong with significant job additions, reducing the likelihood of immediate rate cuts by the Fed.
Stock market today: Dow falls 1,000 points as recession fears fuel calls for interest rate cutMarkets worldwide react to disappointing jobs report, sparking recession fears.
A recession next year is now even less likely following the blowout jobs report, says Goldman SachsThe strong jobs report alleviated recession fears, indicating economic resilience with robust job growth and a drop in unemployment to 4.1%.
Recession Fears May Be Overstated, but Not UnfoundedThe U.S. economy showed unexpected weakness in the job market, causing concerns about a possible economic downturn.
Wow!' Maria Bartiromo and Fox Business Crew Blown Away By Much Hotter Than Expected' September Jobs ReportThe September Jobs Report revealed significantly higher job growth than expected, with 254,000 new jobs and a drop in the unemployment rate to 4.1%.
November Jobs Report: Job Numbers Up, But So Is Unemployment | EntrepreneurNovember's jobs report indicates a rebound in employment, with 227,000 new jobs added, despite a rise in the unemployment rate to 4.2%.
U.S. Jobs Report Shows Hiring Has Shifted Into Lower GearThe labor market remains stable with a modest hiring pace, echoing conditions closer to 2019 rather than earlier recovery years.Wages continue to grow at a steady rate while unemployment saw a slight decline, indicating resilience in job markets despite cooling trends.
Stock market today: Dow falls 1,000 points as recession fears fuel calls for interest rate cutMarkets worldwide react to disappointing jobs report, sparking recession fears.
A recession next year is now even less likely following the blowout jobs report, says Goldman SachsThe strong jobs report alleviated recession fears, indicating economic resilience with robust job growth and a drop in unemployment to 4.1%.
Recession Fears May Be Overstated, but Not UnfoundedThe U.S. economy showed unexpected weakness in the job market, causing concerns about a possible economic downturn.
Wow!' Maria Bartiromo and Fox Business Crew Blown Away By Much Hotter Than Expected' September Jobs ReportThe September Jobs Report revealed significantly higher job growth than expected, with 254,000 new jobs and a drop in the unemployment rate to 4.1%.
November Jobs Report: Job Numbers Up, But So Is Unemployment | EntrepreneurNovember's jobs report indicates a rebound in employment, with 227,000 new jobs added, despite a rise in the unemployment rate to 4.2%.
U.S. Jobs Report Shows Hiring Has Shifted Into Lower GearThe labor market remains stable with a modest hiring pace, echoing conditions closer to 2019 rather than earlier recovery years.Wages continue to grow at a steady rate while unemployment saw a slight decline, indicating resilience in job markets despite cooling trends.
Can Low Unemployment Last Under Trump?The U.S. economy is showing resilience, moving past recession fears and seeing positive indicators despite slight unemployment increases.
September jobs report blows past expectations, showing hiring surgeU.S. hiring exceeded expectations in September, indicating resilience in the labor market despite overall economic slowdown.
Will mortgage rates go down in 2025? This is the key factor to watchRising unemployment rates may lead to a decrease in mortgage rates, based on investor expectations about future economic conditions.
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.
Forecasters Expect a Healthy Jobs Report, but a Downshift From JuneThe 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.
Jobs Report Will Be Latest Test of U.S. Economy's ResilienceLabor 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.
Consumer spending increased in July as expectedConsumer spending increased in July, suggesting economic stability and complicating potential interest rate cuts by the Federal Reserve.
September jobs report blows past expectations, showing hiring surgeU.S. hiring exceeded expectations in September, indicating resilience in the labor market despite overall economic slowdown.
Will mortgage rates go down in 2025? This is the key factor to watchRising unemployment rates may lead to a decrease in mortgage rates, based on investor expectations about future economic conditions.
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.
Forecasters Expect a Healthy Jobs Report, but a Downshift From JuneThe 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.
Jobs Report Will Be Latest Test of U.S. Economy's ResilienceLabor 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.
Consumer spending increased in July as expectedConsumer spending increased in July, suggesting economic stability and complicating potential interest rate cuts by the Federal Reserve.
The Economy Looks Strong After the Latest Jobs ReportThe American labor market demonstrated surprising strength with robust job growth, declining unemployment, and solid wage increase.
J. D. Vance and the Success Stories of BidenomicsStrong job growth signals economic recovery under President Biden.Local economies show mixed results despite national job creation figures.
Mortgage rates are falling as the labor market faltersJob creation slowed in July, presenting economic concerns and positive implications for the Federal Reserve and housing industry.
Job Growth Rebounds With a Gain of 227,000 in NovemberJob creation rebounded in November with 227,000 jobs added, reflecting stable employment growth even as the unemployment rate slightly increased.
The Economy Looks Strong After the Latest Jobs ReportThe American labor market demonstrated surprising strength with robust job growth, declining unemployment, and solid wage increase.
J. D. Vance and the Success Stories of BidenomicsStrong job growth signals economic recovery under President Biden.Local economies show mixed results despite national job creation figures.
Mortgage rates are falling as the labor market faltersJob creation slowed in July, presenting economic concerns and positive implications for the Federal Reserve and housing industry.
Job Growth Rebounds With a Gain of 227,000 in NovemberJob creation rebounded in November with 227,000 jobs added, reflecting stable employment growth even as the unemployment rate slightly increased.
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.
Krugman: All the good economic news vindicates BidenomicsRecent economic indicators show strong job growth and low inflation, suggesting Bidenomics has been successful contrary to prior predictions of economic depression.
America's one-two punch of good economic newsThe dockworker union reached a tentative deal with a 62% pay increase, alleviating fears of economic disruption from a strike.The labor market shows unexpected strength, with 254,000 jobs added and a decrease in the unemployment rate.
Unemployment rate hits six-month high amid fears of a stalling economyUK unemployment rate rises to 4.2%, showing a cooling job market with potential interest rate cuts on the horizon.
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.
Krugman: All the good economic news vindicates BidenomicsRecent economic indicators show strong job growth and low inflation, suggesting Bidenomics has been successful contrary to prior predictions of economic depression.
America's one-two punch of good economic newsThe dockworker union reached a tentative deal with a 62% pay increase, alleviating fears of economic disruption from a strike.The labor market shows unexpected strength, with 254,000 jobs added and a decrease in the unemployment rate.
Unemployment rate hits six-month high amid fears of a stalling economyUK unemployment rate rises to 4.2%, showing a cooling job market with potential interest rate cuts on the horizon.
Canada's job numbers almost unchanged in March, while unemployment rose to 6.1% | CBC NewsCanadian economy lost 2,200 jobs in March, unemployment rate rose to 6.1%.Job losses concentrated in accommodation, food services, wholesale, retail trade, professional, scientific, technical services.
U.S. jobs surged and unemployment dipped in SeptemberThe U.S. added 254,000 jobs in September, indicating a stronger-than-expected labor market and economic resilience despite high interest rates.
Why you shouldn't worry about the job market and a recession just yetDespite a rising unemployment rate, the labor market shows strength with high workforce participation and low permanent layoffs.
April 2024 US employment report: Cooling, but still tightThe April US employment report reflected a cooler labor market with sub-expectations in payrolls growth and slightly higher unemployment.
Dean Baker: Workers are far better off than four years agoWorkers have more job options, higher pay, and increased job satisfaction as a result of a strong labor market.
750,000 over-50s looking for work could help solve employers' recruitment challenges - London Business News | Londonlovesbusiness.comOlder people are working longer due to changes in state pension age and rising costs, creating a significant talent pool for employers.
Canada's job numbers almost unchanged in March, while unemployment rose to 6.1% | CBC NewsCanadian economy lost 2,200 jobs in March, unemployment rate rose to 6.1%.Job losses concentrated in accommodation, food services, wholesale, retail trade, professional, scientific, technical services.
U.S. jobs surged and unemployment dipped in SeptemberThe U.S. added 254,000 jobs in September, indicating a stronger-than-expected labor market and economic resilience despite high interest rates.
Why you shouldn't worry about the job market and a recession just yetDespite a rising unemployment rate, the labor market shows strength with high workforce participation and low permanent layoffs.
April 2024 US employment report: Cooling, but still tightThe April US employment report reflected a cooler labor market with sub-expectations in payrolls growth and slightly higher unemployment.
Dean Baker: Workers are far better off than four years agoWorkers have more job options, higher pay, and increased job satisfaction as a result of a strong labor market.
750,000 over-50s looking for work could help solve employers' recruitment challenges - London Business News | Londonlovesbusiness.comOlder people are working longer due to changes in state pension age and rising costs, creating a significant talent pool for employers.
Canada's economy added 27,000 jobs in May | CBC NewsCanada added 27,000 jobs in May with a slight rise in unemployment to 6.2%.
Chilean peso unable to appreciate despite positive economic data - London Business News | Londonlovesbusiness.comThe Chilean peso struggles to surpass 900 pesos per dollar despite strong production indicators in the economy.
Canada's economy added 27,000 jobs in May | CBC NewsCanada added 27,000 jobs in May with a slight rise in unemployment to 6.2%.
Chilean peso unable to appreciate despite positive economic data - London Business News | Londonlovesbusiness.comThe Chilean peso struggles to surpass 900 pesos per dollar despite strong production indicators in the economy.
Moderating wage growth leaves the door open to further rate cuts - London Business News | Londonlovesbusiness.comThe UK job market shows strength but wage growth is slowing, impacting economic forecasts.
Shock fall in unemployment with a 'cooling in earnings growth' - London Business News | Londonlovesbusiness.comUK unemployment unexpectedly decreased to 4.2%, while earnings growth slowed, posing challenges in achieving the 2% inflation target.
Moderating wage growth leaves the door open to further rate cuts - London Business News | Londonlovesbusiness.comThe UK job market shows strength but wage growth is slowing, impacting economic forecasts.
Shock fall in unemployment with a 'cooling in earnings growth' - London Business News | Londonlovesbusiness.comUK unemployment unexpectedly decreased to 4.2%, while earnings growth slowed, posing challenges in achieving the 2% inflation target.
UK unemployment rate drops unexpectedly, but wage growth hits two-year low business liveUnexpected drop in UK unemployment rate to 4.2% in April-June, with lower number of unemployed people and increased employment.
UK unemployment rate unexpectedly drops as wage growth slowsUnemployment rate in the UK unexpectedly dropped to 4.2%, while wage growth slowed to 5.4% in the three months up to June.
UK unemployment rate drops unexpectedly, but wage growth hits two-year low business liveUnexpected drop in UK unemployment rate to 4.2% in April-June, with lower number of unemployed people and increased employment.
UK unemployment rate unexpectedly drops as wage growth slowsUnemployment rate in the UK unexpectedly dropped to 4.2%, while wage growth slowed to 5.4% in the three months up to June.
Walters: Newsom brags about California economy, but jobs data tells a different storyGovernor Newsom boasts about California's economy, but data shows high unemployment rates and slow recovery compared to other states.
Walters: Newsom's State of the State should be candid about California's economyCalifornia faces prolonged economic sluggishness and has the nation's highest unemployment rate.Governor Newsom's budget projects annual deficits of around $30 billion and assumes an optimistic 8% increase in tax revenues.
Walters: Newsom brags about California economy, but jobs data tells a different storyGovernor Newsom boasts about California's economy, but data shows high unemployment rates and slow recovery compared to other states.
Walters: Newsom's State of the State should be candid about California's economyCalifornia faces prolonged economic sluggishness and has the nation's highest unemployment rate.Governor Newsom's budget projects annual deficits of around $30 billion and assumes an optimistic 8% increase in tax revenues.
Unemployment rate jumped to 4.3% in July as hiring hit the brakesU.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 NewsThe 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 overdueAllowing military spouses of federal employees to work from overseas is crucial for national security.
Why does California have the nation's highest unemployment rate? Three sectors were hit hardCalifornia's unemployment rate was the nation's highest in February at 5.3% due to various job losses.Job losses occurred in major sectors such as construction, trade, transportation, and consumer spending.
Hiring jumped in May but so did unemploymentHiring rebounded in May with 272,000 jobs added, yet unemployment slightly increased to 4%. Strong wage gains could pressure inflation and interest rates.
Is the US economy doing well? It depends if you ask a Democrat or a RepublicanJoe Biden highlights strong US economy in State of the Union address.
Bidenomics and Its DiscontentsUnemployment rate and inflation may not accurately reflect economic distress in households today.Households with multiple earners may experience stress despite low unemployment rates.
Hiring jumped in May but so did unemploymentHiring rebounded in May with 272,000 jobs added, yet unemployment slightly increased to 4%. Strong wage gains could pressure inflation and interest rates.
Is the US economy doing well? It depends if you ask a Democrat or a RepublicanJoe Biden highlights strong US economy in State of the Union address.
Bidenomics and Its DiscontentsUnemployment rate and inflation may not accurately reflect economic distress in households today.Households with multiple earners may experience stress despite low unemployment rates.
US economy added a whopping 272,000 jobs in MayUS job growth in May exceeded expectations with 272,000 jobs added, breaking a 27-month streak of below-4% unemployment.