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Recent data has undoubtedly shown a labor market that's far cooler than the hot jobs market of 2022, which rebounded following pandemic shutdowns. The unemployment rate has steadily crept up in ...
New economic data showed showed hiring in the US labor market continues to slow, but layoffs remain low. Data from ADP Wednesday morning showed 122,000 private payrolls were added in December ...
Job openings are a closely watched metric of how much demand there is for labor. Economists were expecting the number of open jobs to decrease slightly to 7.7 million from the original estimate of ...
"The labor market is now looser than pre-pandemic, and it’s clearly still cooling further, so far in, in a gradual and orderly way," Powell said. "We don’t think we need further cooling in the ...
Stocks and bonds are tumbling after the December jobs report came in much stronger than expected. Nonfarm payroll additions smashed forecasts, while the US unemployment rate unexpectedly fell.
The August jobs report marked an improvement from the prior month but failed to quell Wall Street’s recession fears, even with the Federal Reserve poised to start cutting rates soon.. The U.S ...
America’s slowing job market is taking a toll on people’s moods. The Conference Board’s latest consumer survey showed that Americans became much more pessimistic about the US economy’s ...
According to a recent "Year in Review" survey by GOBankingRates, 12% of Americans are planning to pursue new full-time jobs or different careers. But is it the best timing with the job market?...