jobs report
Jobless claims surge by 33K to highest level in over a year — here's why
October 10, 2024 | 11:47amAn analyst expected the Fed to cut rates by a quarter poꦉint at 🀅the next meeting.
Inflation rose more than expected last month -- dimming hopꦿes for another big rate cut🦩 from Fed
October 10, 2024 | 8:44amFor the Fed, last week’s stronger-than-expected jobs report fueled concern the economy might not be coo💃ling enough to slow inflation sufficiently.
Fed minutes show big rate cut favored by 'substantial majority' with inflation slowing
October 9, 2024 | 5:41pm"Some" participants, h⭕owever, supported only a quarter-point cut, while "a few others indicated they co🃏uld have supported such a decision."
Dow ju🥃mps over 300 points to close at an all-time high after blockbuster jobs report
October 4, 2024 | 4:18pmAll three indexes finished with weekly gains. 🎐
Larry Summers says Fed's big rate cut was a 'mistake' after hot jobs report
October 4, 2024 | 3:52pm"With ♔this data, ‘no landing’ as well as ‘hard landing’ is a risk the @federalreserve has to reckon with," he continued.
US economy added 254Kဣ jobs last mo𒉰nth — blowing past forecasts
October 4, 2024 | 8:42amA significantly weaker labor market increases the chances that the Fed will mak🌠e deeper cuts to the benchmark interest rate.
The role you’re applying for might be a ‘ghost job’ — here's what that means and how to avoid them
October 3, 2024 | 11:57amBad lovers aren'🦋t the only ones ghosting you.
Pol demands testimony from Labor stats boss over monster 818K jobs revision: 'Must answer for this error'
September 19, 2024 | 9:00am"This drastic downward revision of jobs is unacඣceptable and the BLS must ans🅷wer for this error," the Kanas Republican Sen. Roger Marshall said.
𝔍 Jobless claims rise slightly to 230K as employment market continues to cool
September 12, 2024 | 9:24amThe number of Americans filing new applications for unemplo💞yment benefits last week fell in line with expectations.
US adds 142,000 jobs in Auguꦍst -- well below expectations
September 6, 2024 | 8:39amFed Chair Jerome Powell has made clear that he doesn’t want to see the job market weaken ꦦfurther.
𓆉 US job openings fall to lowest level since January 2021
September 4, 2024 | 12:50pmThe job market has cooled considerably💜 since the start of the year, when the number of openings numbered 8.8 million in January.
Why the 'vanishing jobs'? Biden-Harris Labor Department pretends it's still the 2019 economy
August 27, 2024 | 5:59pmThe department has been wildly overestimating the number of𝄹 firms in the American economy, assuming nonexistent businesses and the jobs that go along with them.
GOP senators demand answers after grim revision says US added 818K fewer jobs: 'Betrayal of trust'
August 27, 2024 | 9:43am𒐪 A group of Republican senators, led by Sen. Roger Marshall, is demanding answers into how President Biden's Department of Labor severely overestimated the number of new jobs created over the...
Labor Department's 818K vanished jobs expose Democrats' empty economic agenda
August 25, 2024 | 6:14pm"Bidenomics is working," Kamala Harris and the rest of the administration told America for months, abandoning that line only when polls 🎐consistently showed it wasn't working.
Wall Street analysts rip feds over botched release of revised jobs numbers: 'Just atrocious'
August 23, 2024 | 12:25pmThe Bureau of Labor Statistics said that 818,000 fewer jobs were created in the 12 months span between April of last year and March of this year. 🙈
US job market sees biggest markdown since 2009 with 818K f❀ewer jobs than previously reported
August 21, 2024 | 12:20pmThe downward revision means that the r𒁏eported job growth during that period -- 2.9 million non-farm payroll positions -- was around 30% less.
Big banks brace for downwꦑard revision o🎉f up to 1M fewer jobs -- fueling worries the Fed failed to slash rates on time
August 20, 2024 | 4:12pmThe ꧟Bureau༺ of Labor Statistics is expected to announce a significant downward revision of job growth statistics on Wednesday.
Fed will steer clear𒁃 of jumbo rate cut despite mounting pressure: survey
August 9, 2024 | 11:51amMost economists think that the Federal🌜 Reserve will institute a modest cut to the benchmark in⭕terest rate rather than the jumbo bite demanded by some of Wall Street's largest banks,...
Calls grow for emergency interest rate cut by Fed as recession fears surge: 'They've got to respond'
August 5, 2024 | 10:36amThe US markets were reacting to the bloodbath in Japan, where th🌳e Nikkei fell by more than 12% -- its worst day since 'Black Monday' of 1987. 🔯
Stock market bloodbath sees Dow, Nasdaq plummet as 🍒renewed recession fears trigger global sell-off 𒀰
August 5, 2024 | 8:51am🅺 The Dow plunged more than 1,000 points, or 2.6%, on Monday. The Nasdaq and S&P 500 l⭕ost more than 3%.