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Job openings fall to pre-pandemic levels as US labor market continues to cool down
In the next four days, a firehose of data will be unleashed, providing crucial snapshots of the US economy in advance of a pivotal election and a Federal Reserve meeting. Read More
Why the October jobs report on Friday could sink the market's soft-landing narrative
"There's really not much evidence that the labor market's meaningfully inflected higher in September," says Neil Dutta. Read More
Jobs report on eve of election will be among the most distorted in years
Friday’s report will include some of the most distorted monthly employment figures in years, with job growth having been held down temporarily in October by hurricanes and worker strikes. Read More
US Job Openings Drop to Lowest Level in 3.5 Years
The number of U.S. job openings fell last month to the lowest level in roughly three-and-a-half years, a new report from the U.S. Labor Department showed. The Labor Department on Tuesday reported that ... Read More
September Jobs Report Shows Big Jump in Hiring as Labor Market Stays Resilient
The job market ... of Labor Statistics said Friday. The figure blew past the expectations of forecasters, who had called for an increase of 150,000 jobs and the unemployment rate to hold steady ... Read More
Blockbuster jobs report paves way for US economy to avoid recession in 'soft landing,' experts say
The U.S. economy added 254,000 jobs in September, fresh data showed. A blockbuster jobs report on Friday ... ticked down to 4.1%. The labor market ended a monthslong slowdown, rebuking any ... Read More
US Economy Grows Less Than Expected In Q3, Yet Private Employment Soars By 233,000 In October
US economy grew at 2.8% in Q3, below expectations. ADP report shows strong job growth in October, indicating resilient hiring despite recent challenges. Read More
ADP jobs report shows 143,000 gain. Cooling U.S. labor market leads to slower wage increases.
The numbers: U.S. businesses added a higher-than-expected 143,000 new jobs in September ... gains totaled less than 200,000 in a sign the labor market has cooled off considerably. Read More
US jobs market cooling but still resilient, Fed's Kugler says
"The lower unemployment that we saw in Friday's jobs report is very welcome," Kugler told a European Central Bank Conference. "We don't want a drastic slowdown in the labor market." Kugler said ... Read More
No signs of US labor market deterioration as job openings rebound
The Labor Department's Job Openings and Labor Turnover Survey, or JOLTS report, on Tuesday also ... help to curb wage inflation. The slowdown in the labor market is being driven by cooler hiring ... Read More
US Job Market’s Key Driver at Risk as Health-Care Hiring Slows
Health care has been a key driver of post-pandemic employment growth in the US ... jobs across the country since 2021. Now a hiring slowdown in that sector is making the broader labor market ... Read More
Stock market today: Dow leads as stocks take a leg higher amid earnings rush, GDP, and jobs data
Tech megacaps are in the spotlight after Alphabet's quarterly results showed its high-spending push into AI is starting to pay off. Read More
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