As job market slumps, Trump administration says it could take a year to see better economic data

The White House said it expects the Federal Reserve to weigh larger rate cuts this month after Friday's "disappointing" jobs report, while President Donald Trump and his administration said it could ... Read More

Powell Pivots, Fed Cuts Rates As Jobs Market Weakens

The Federal Reserve lowered its federal funds rate target range by 25 basis points, to 4.00–4.25 percent, on Wednesday. Read More

First Jobs Report Since Labor Statistics Chief’s Firing Shows Weak Market, as Trump Pledges ‘Real Numbers’ Still to Come

The Bureau of Labor Statistics’ (BLS) first jobs report since President Donald Trump fired the head of the agency showed the U.S. labor market growing more slowly than economists expected, and ... Read More

Trump Cabinet members target Jerome Powell for weak economy, August jobs numbers

Labor experts, including Trump administration top Cabinet members, are blaming the Federal Reserve and Chairman Jerome Powell for the latest disappointing jobs report and signs of a weakening economy. Read More

Chicago Fed president unpacks weak jobs report and what it says about the economy

The labor market appears to have stalled this summer, according to the significantly weaker than expected jobs report. Employers added just 22,000 new jobs in August and revisions show the economy ... Read More

Stocks slip as Wall Street questions whether the US job market has slowed by enough or too much

NEW YORK (AP) — U.S. stocks are slipping Friday as Wall Street questions whether the U.S. job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or ... Read More

The U.S. labor market added 911,000 fewer jobs than earlier reported, BLS says

The downward revision from the Bureau of Labor Statistics shows the job market was slowing in 2024 and early 2025. Read More

What to Know About the August Jobs Report

Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. The Federal Reserve finally has the data it needs to start cutting ... Read More

US stock market crashes — Dow, S&P 500, Nasdaq all lost after shocking August jobs report; possible Fed rate cut ahead

U.S. stock market suffered a sharp reversal Friday after a shocking August jobs report revealed just 22,000 jobs were added, far below expectations of 75,000. The unemployment rate ticked up to 4.3%, ... Read More