Jobs News Fed S Powell, Jobs Report And Apple Will Rock Markets This Week
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Fed Chair Jerome Powell says US may be drastically overstating jobs numbers
Powell said that Fed staffers believe federal data could be overstating job creation by up to 60,000 jobs a month—which suggests the jobs market might be shrinking. Read More
A delayed jobs report and fresh inflation data will dominate markets this week
The November jobs report and inflation data, as well as a lineup of Fed speakers, could influence rate-cut outlooks this week. Read More
Jobs report: Unemployment jumps but Fed won't rush to cut (live coverage)
The delayed jobs reports for October and November due out at 8:30 a.m. ET are expected to be even messier and less reliable than usual. Federal Reserve Chairman Jerome Powell hinted last week that the ... Read More
America’s job market just got some troubling news
The latest jobs report showed that the US economy lost 105,000 positions in October and added just 64,000 in November, with the unemployment rate rising to 4.6%, the highest in more than four years. Read More
Fed faces another tough rate decision with inflation, job data delay
The Federal Reserve will have to go without up-to-date government inflation and jobs data when it decides next month whether to lower interest rates for a third consecutive time. The Bureau of Labor ... Read More
Jobs Data From Alternative Sources May Drive Fed's Next Move
With the federal government shutdown delaying critical economic reports, the official jobs data remains incomplete. In the absence of official jobs data, private-sector reports have become the best ... Read More
Delayed Jobs Report is Blow to Trump’s Economic Message
The report combined figures from November and October, due to the government shutdown causing issues with data collection. Read More
Weakening job market could weigh on Federal Reserve’s next interest rate vote
New jobs data paints a bleak picture for the American worker. Outplacement firm Challenger, Gray & Christmas this past week reported more than 1.1 million layoffs so far this year, the highest number ... Read More
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