US may need more slack in job market to hit 2% inflation
By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve…
The Dollar Is Declining So Fast That It Will Bring Even More Inflation, Says Market Analyst: ‘Position Yourself Accordingly’
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What’s with all the layoffs?
In case you missed it, we’re in the midst of a low hiring, low firing job market. Meaning,…
US layoffs fall in September but year-to-date planned hiring at lowest in 16 years
WASHINGTON (Reuters) -U.S. employers announced fewer layoffs in September but hiring plans so far this year were the…
September Jobs Report, Fed Speakers, Earnings From Nike, Carnival
Spencer Platt/Getty Images Central bankers are closely following the labor market after cutting interest rates. Is the labor…
3 Concerning Charts Showing the US Economy May Be on Cusp of Recession
Wall Street economists and investors seem mostly sanguine about the US economy’s chances of avoiding a recession in…
Accounting for City Size, Minimum Wages Reduce Jobs Almost Everywhere
In new research, Priyaranjan Jha, Jyotsana Kala, David Neumark, and Antonio Rodriguez-Lopez find that studies arguing higher minimum…
The labor market is on a knife edge, and the factors weakening it aren’t going anywhere
ANALYSIS: Weakening labor data—from downward payroll revisions to new job openings falling to just 22,000 for August—has raised…
Jumbo Interest Rate Cut Odds for Sept. Rise After Weak Jobs Report
The job market tripped up big time last month. In a way, that’s exactly what the market was…
Weak jobs report fuels expectations of an interest rate cut
Job growth cooled notably last month while the unemployment rate rose to the highest since 2021, fanning concerns…
August jobs report to show further ‘softness growing’ in the US labor market as Fed rate cuts near
The US labor market is slowing down. After a round of weaker-than-expected job market figures this week, the…
The professions trying to get ahead with AI are those most likely to lose their jobs to it, St. Louis Fed says
A new St. Louis Fed study suggests the U.S. may be seeing early signs of AI-driven job displacement,…