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Fed cuts rates as plunging job gains trigger alarm for economy
The Federal Reserve cut interest rates Wednesday for the first time this year as the central bank attempts to ease pressure on the weakening U.S. job market. The Federal Open Market Committee (FOMC) — ... Read More
JPMorgan CEO Jamie Dimon warns US economy is ‘weakening’ after jobs revision
JPMorgan CEO Jamie Dimon claimed on Tuesday the US economy “is weakening” after the Labor Department slashed nearly 1 million jobs from its initial employment estimates for the year ending March 2025. Read More
US job growth missed expectations in August amid economic uncertainty
The U.S. economy added jobs at a slower pace in August amid uncertainty about economic conditions, adding to signs of a weakening labor market. The Labor Department on Friday reported that employers ... Read More
U.S. Added Just 22,000 Jobs In August In Latest Sign Of Slowing Economy; Movie And Music Industry Jobs Decline
The U.S. added 22,000 jobs in August, with unemployment rising slightly to 4.3%, in the latest sign of a slowing economy. The numbers, from the Bureau of Labor Statistics, have taken on new scrutiny ... Read More
The U.S. added just 22,000 jobs in August, confirming dramatic slowdown in the labor market
U.S. job growth has almost entirely ground to a standstill, according to government data released Friday. The Bureau of Labor Statistics (BLS) reported that the U.S. added 22,000 jobs in August, well ... Read More
US hiring stalls with employers reluctant to expand in an economy grown increasingly erratic
WASHINGTON (AP) — The American job market, a pillar of U.S. economic strength since the pandemic, is crumbling under the weight of President Donald Trump’s erratic economic policies. Uncertain about ... Read More
Wall Street indexes end lower as jobs data fuels economic worries
NEW YORK, Sept 5 (Reuters) - U.S. stocks ended slightly lower on Friday as investors weighed economic worries against optimism over interest rate cuts by the Federal Reserve after data showed U.S. job ... Read More
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