Tag Archives: labor

Weak summer labor market flashes warning signs for the economy  The Washington Post A Second Weak Jobs Report Challenges Trump’s Claim the Economy Is Booming  The New York Times America’s job market flashes yet another warning sign about the economy  CNN Hiring Stalled in August, With 22,000 New Jobs  The Wall Street Journal Business Matters | US jobs market weakens further in August  BBC Source …

US unemployment rate near 4-year high as labor market hits stall speed  Reuters US hiring stalls with employers reluctant to expand in an economy grown increasingly erratic  AP News Is the Fed ready to go big? Analysts debate jumbo rate cut after soft jobs data  Fortune Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown  CNBC Labor Market Stalled …

Labor Market Stalled This Summer, With August Data Adding to Slowdown  The New York Times America’s job market flashes yet another warning sign about the economy  CNN US hiring stalls with employers reluctant to expand in an economy grown increasingly erratic  AP News What to know about the August Jobs Report: Labor market slowdown signals weakening economy  NBC News Is the Fed ready to …

Donald Trump’s disastrous governance has successfully tanked America’s labor market. The federal government released another weak jobs report Friday, after the previous poor jobs report resulted in Trump lashing out and firing the Commissioner of Labor Statistics. At the time, Trump baselessly claimed that the “Jobs Numbers were RIGGED in order to make the Republicans, and ME, look bad.” The …

Fed on track for string of rate cuts as labor market weakens  Reuters Fed Gets Green Light for Interest Rate Cuts as Unemployment Rate Jumps to 4-Year High  Realtor.com Bank of America now expects the Fed to cut rates after previously seeing no moves this year  CNBC Bank of America Sees Two Fed Rate Cuts This Year vs. None Before  Bloomberg.com Jumbo-rate-cut chatter is …

The labor market is cratering  AxiosView Full Coverage on Google News Source link

Following August’s nonfarm payrolls data, the odds of a 50 bps rate cut during the September 16-17 Federal Open Market Committee (FOMC) meeting are now at 14.3% compared to 0% a day ago, a week ago, and a month ago, according to CME’s FedWatch tool. In addition, the odds of a 25 bps rate cut are now at 85.7% compared …

WASHINGTON (AP) — When the Labor Department put out a disappointing jobs report a month ago, an enraged President Donald Trump responded by firing the economist in charge of compiling the numbers and nominating a loyalist to replace her. Nothing quite so dramatic is likely Friday when the department releases hiring and unemployment numbers for August. They are expected to …

President Donald Trump might regret sacking his last Bureau of Labor Statistics (BLS) chief because the new numbers are in and they’re just as bad as before. Released Wednesday, the agency’s latest Job Openings and Labor Turnover report recorded just 7.18 million employment listings for July. It’s only the second time they’ve dipped below 7.2 million since the last quarter …

Wall St gains after labor data keeps rate cut bets intact; Salesforce falls  Reuters S&P 500 rises as traders brace for Friday’s jobs report after weak ADP hiring data: Live updates  CNBC Stock market today: Dow, S&P 500, Nasdaq rise amid weak ADP jobs data, Miran’s Fed Senate hearing  Yahoo Finance Wall Street ticks higher with hopes for coming cuts to interest rates  AP …