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from www.npr.org
4 days ago
US news

Employers added only 12,000 jobs in October. That seems bad but there's a catch

The October job report suggests a cooling labor market, influenced by strikes and hurricanes, yet overall economy remains resilient.

Employment Situation Report: 12,000 Jobs Added in October | Entrepreneur

The October jobs report revealed only 12,000 new jobs added, the lowest increase in four years, indicating a significant economic slowdown.

The US added very few jobs in October after hurricanes and strikes shook the economy

US economy added only 12,000 jobs in October, far below the 106,000 forecast, while unemployment rate remained steady at 4.1%.

Labor Market Shows Unexpected Strength

The American economy shows strong resilience with significant job growth and declining unemployment, alleviating fears of an impending recession.

US adds a robust 254,000 jobs and unemployment dips to in sign of still-sturdy labor market

September job growth was stronger than expected, with 254,000 jobs added, easing concerns about the labor market.
Unemployment decreased for the second consecutive month, from 4.2% to 4.1%.
Job gains show broad-based strength across various sectors, indicating a healthy labor market.

The jobs market had a very strong September

US economy added 254,000 jobs in September, significantly above expectations, with the unemployment rate dropping to 4.1%.

Employers added only 12,000 jobs in October. That seems bad but there's a catch

The October job report suggests a cooling labor market, influenced by strikes and hurricanes, yet overall economy remains resilient.

Employment Situation Report: 12,000 Jobs Added in October | Entrepreneur

The October jobs report revealed only 12,000 new jobs added, the lowest increase in four years, indicating a significant economic slowdown.

The US added very few jobs in October after hurricanes and strikes shook the economy

US economy added only 12,000 jobs in October, far below the 106,000 forecast, while unemployment rate remained steady at 4.1%.

Labor Market Shows Unexpected Strength

The American economy shows strong resilience with significant job growth and declining unemployment, alleviating fears of an impending recession.

US adds a robust 254,000 jobs and unemployment dips to in sign of still-sturdy labor market

September job growth was stronger than expected, with 254,000 jobs added, easing concerns about the labor market.
Unemployment decreased for the second consecutive month, from 4.2% to 4.1%.
Job gains show broad-based strength across various sectors, indicating a healthy labor market.

The jobs market had a very strong September

US economy added 254,000 jobs in September, significantly above expectations, with the unemployment rate dropping to 4.1%.
morejob-growth
#economic-growth

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.

The Economy Looks Strong After the Latest Jobs Report

The American labor market demonstrated surprising strength with robust job growth, declining unemployment, and solid wage increase.

The U.S. job market is strikingly robust

The U.S. job market remains strong, with recent data alleviating recession concerns for the month.

America's one-two punch of good economic news

The 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 economy

UK unemployment rate rises to 4.2%, showing a cooling job market with potential interest rate cuts on the horizon.

Strong jobs report suggests rate cuts won't come til summer

February saw an addition of 275,000 jobs, with the unemployment rate rising to 3.9% but remaining below full employment levels.
The Federal Reserve is unlikely to consider rate cuts as necessary due to the continued job growth and concerns about inflation.

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.

The Economy Looks Strong After the Latest Jobs Report

The American labor market demonstrated surprising strength with robust job growth, declining unemployment, and solid wage increase.

The U.S. job market is strikingly robust

The U.S. job market remains strong, with recent data alleviating recession concerns for the month.

America's one-two punch of good economic news

The 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 economy

UK unemployment rate rises to 4.2%, showing a cooling job market with potential interest rate cuts on the horizon.

Strong jobs report suggests rate cuts won't come til summer

February saw an addition of 275,000 jobs, with the unemployment rate rising to 3.9% but remaining below full employment levels.
The Federal Reserve is unlikely to consider rate cuts as necessary due to the continued job growth and concerns about inflation.
moreeconomic-growth
#economic-indicators

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. jobs surged and unemployment dipped in September

The U.S. added 254,000 jobs in September, indicating a stronger-than-expected labor market and economic resilience despite high interest rates.

Wow!' Maria Bartiromo and Fox Business Crew Blown Away By Much Hotter Than Expected' September Jobs Report

The 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%.

UK unemployment rate unexpectedly drops as wage growth slows

Unemployment rate in the UK unexpectedly dropped to 4.2%, while wage growth slowed to 5.4% in the three months up to June.

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.

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.

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. jobs surged and unemployment dipped in September

The U.S. added 254,000 jobs in September, indicating a stronger-than-expected labor market and economic resilience despite high interest rates.

Wow!' Maria Bartiromo and Fox Business Crew Blown Away By Much Hotter Than Expected' September Jobs Report

The 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%.

UK unemployment rate unexpectedly drops as wage growth slows

Unemployment rate in the UK unexpectedly dropped to 4.2%, while wage growth slowed to 5.4% in the three months up to June.

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.

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.
moreeconomic-indicators
#economic-recovery

J. D. Vance and the Success Stories of Bidenomics

Strong job growth signals economic recovery under President Biden.
Local economies show mixed results despite national job creation figures.

Walters: Newsom brags about California economy, but jobs data tells a different story

Governor 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 economy

California 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.

U.S. jobs report: These numbers have economists jawboning

The U.S. payrolls report presents mixed signals about the job market's direction and the Federal Reserve's ability to manage inflation.

J. D. Vance and the Success Stories of Bidenomics

Strong job growth signals economic recovery under President Biden.
Local economies show mixed results despite national job creation figures.

Walters: Newsom brags about California economy, but jobs data tells a different story

Governor 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 economy

California 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.

U.S. jobs report: These numbers have economists jawboning

The U.S. payrolls report presents mixed signals about the job market's direction and the Federal Reserve's ability to manage inflation.
moreeconomic-recovery
#us-economy

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.

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.

U.S. hiring slowed in April, missing estimates - HousingWire

The U.S. economy added 175,000 jobs in April, below expectations and a decrease from March.

What another strong jobs report means for the mortgage industry

The U.S. economy added 303,000 jobs in March, exceeding estimates.
Job gains were notable in healthcare, government, and construction sectors.

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.

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.

U.S. hiring slowed in April, missing estimates - HousingWire

The U.S. economy added 175,000 jobs in April, below expectations and a decrease from March.

What another strong jobs report means for the mortgage industry

The U.S. economy added 303,000 jobs in March, exceeding estimates.
Job gains were notable in healthcare, government, and construction sectors.
moreus-economy
#federal-reserve

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. 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.

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.

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.

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.

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.

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. 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.

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.

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.

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.

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.
morefederal-reserve

Chilean peso unable to appreciate despite positive economic data - London Business News | Londonlovesbusiness.com

The Chilean peso struggles to surpass 900 pesos per dollar despite strong production indicators in the economy.
#labor-market

750,000 over-50s looking for work could help solve employers' recruitment challenges - London Business News | Londonlovesbusiness.com

Older people are working longer due to changes in state pension age and rising costs, creating a significant talent pool for employers.

U.S. Jobs Report Shows Hiring Has Shifted Into Lower Gear

The 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.

Dean Baker: Workers are far better off than four years ago

Workers have more job options, higher pay, and increased job satisfaction as a result of a strong labor market.

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.

Unemployment rate unchanged in July at 6.4% | CBC News

Canada's economy lost 2,800 jobs in July with some sectors experiencing job losses and others witnessing gains.

Article title: Aleksandr Katsuba on the Transformation of Ukraine's Labor Market During the War: Facts and Figures

Mass migration is impacting the labor market in Ukraine, leading to increased job demand in western regions and a surge in unemployment rate.

750,000 over-50s looking for work could help solve employers' recruitment challenges - London Business News | Londonlovesbusiness.com

Older people are working longer due to changes in state pension age and rising costs, creating a significant talent pool for employers.

U.S. Jobs Report Shows Hiring Has Shifted Into Lower Gear

The 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.

Dean Baker: Workers are far better off than four years ago

Workers have more job options, higher pay, and increased job satisfaction as a result of a strong labor market.

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.

Unemployment rate unchanged in July at 6.4% | CBC News

Canada's economy lost 2,800 jobs in July with some sectors experiencing job losses and others witnessing gains.

Article title: Aleksandr Katsuba on the Transformation of Ukraine's Labor Market During the War: Facts and Figures

Mass migration is impacting the labor market in Ukraine, leading to increased job demand in western regions and a surge in unemployment rate.
morelabor-market
#wage-growth

Moderating wage growth leaves the door open to further rate cuts - London Business News | Londonlovesbusiness.com

The UK job market shows strength but wage growth is slowing, impacting economic forecasts.

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.

Canada's economy added 27,000 jobs in May | CBC News

Canada added 27,000 jobs in May with a slight rise in unemployment to 6.2%.

Moderating wage growth leaves the door open to further rate cuts - London Business News | Londonlovesbusiness.com

The UK job market shows strength but wage growth is slowing, impacting economic forecasts.

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.

Canada's economy added 27,000 jobs in May | CBC News

Canada added 27,000 jobs in May with a slight rise in unemployment to 6.2%.
morewage-growth
#job-market

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 California's unemployment rate really 9.5%?

California's real unemployment rate, including underemployment and discouraged workers, is almost double the official jobless rate, the highest in the nation.
from www.cbc.ca
5 months ago

Canada added 90,000 jobs in April, as unemployment stayed flat at 6.1% | CBC News

The Canadian economy added 90,000 jobs in April, surpassing economists' expectations.
from Los Angeles Times
3 months ago

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.
from CultureMap Dallas
4 months ago

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 California's unemployment rate really 9.5%?

California's real unemployment rate, including underemployment and discouraged workers, is almost double the official jobless rate, the highest in the nation.

Canada added 90,000 jobs in April, as unemployment stayed flat at 6.1% | CBC News

The Canadian economy added 90,000 jobs in April, surpassing economists' expectations.

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.

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.
morejob-market

Shock fall in unemployment with a 'cooling in earnings growth' - London Business News | Londonlovesbusiness.com

UK 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 live

Unexpected drop in UK unemployment rate to 4.2% in April-June, with lower number of unemployed people and increased employment.

Stock market today: Dow falls 1,000 points as recession fears fuel calls for interest rate cut

Markets worldwide react to disappointing jobs report, sparking recession fears.

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.
#job-losses

Why does California have the nation's highest unemployment rate? Three sectors were hit hard

California'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.

It's industrial vandalism': Inside the steel town facing its biggest ever challenge

The closure of Tata's steelworks plant in Port Talbot is causing shock and anger among the local community.
The plant closure will result in the loss of 2,800 jobs, adding to the high unemployment rates already present in the area.

Why does California have the nation's highest unemployment rate? Three sectors were hit hard

California'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.

It's industrial vandalism': Inside the steel town facing its biggest ever challenge

The closure of Tata's steelworks plant in Port Talbot is causing shock and anger among the local community.
The plant closure will result in the loss of 2,800 jobs, adding to the high unemployment rates already present in the area.
morejob-losses

Bronx BP Vanessa Gibson and State Labor Department host career fair

Over 500 job seekers attended Bronx Career Fair at Borough Hall
Unemployment rate in Bronx County decreased to 6.60% in 2023

'Thinking Isn't His Strength': Critics Scorch Donald Trump Jr.'s Wild COVID Claim

Donald Trump Jr. claims that no one is better off now than they were three years ago, even with COVID.
CDC data shows significant decreases in COVID-19 hospital admissions and deaths since three years ago.
#inflation

Unemployment falls in November with striking actors and auto workers back on the job

The US economy added 199,000 jobs last month and the unemployment rate fell to 3.7%, not far above a five-decade low of 3.4% in April.
The job market is cooling off, with businesses hiring less aggressively and fewer complaints of worker shortages and inflationary pressure.

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.

Unemployment falls in November with striking actors and auto workers back on the job

The US economy added 199,000 jobs last month and the unemployment rate fell to 3.7%, not far above a five-decade low of 3.4% in April.
The job market is cooling off, with businesses hiring less aggressively and fewer complaints of worker shortages and inflationary pressure.

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.
moreinflation

US economy added a whopping 272,000 jobs in May

US job growth in May exceeded expectations with 272,000 jobs added, breaking a 27-month streak of below-4% unemployment.

Job boom returns to Bay Area and California as hiring surges in May

Bay Area added 7,000 jobs in May, led by the South Bay, marking a significant hiring surge and dispelling earlier fears of a weak labor market.

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.
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