Jobs News Case For September Rate Cut Builds After Slower Jobs Data

‘Behind the curve’: Pressure mounts for Fed rate cuts after massive employment revision

The U.S. labor market is on much weaker footing than many economists had assumed — and President Donald Trump’s campaign to pressure the Federal Reserve to slash interest rates is about to turn the ... Read More

Investors look to jobs data to support rate-cut path, pricey stock market

NEW YORK (Reuters) -Next week's U.S. jobs data may need to tread a fine line for Wall Street, revealing a cooling labor market that supports further interest rate cuts without fueling fears about a ... Read More

The job-market sector employing the most Americans has been shrinking for months — building a case for another Fed rate cut

The Institute for Supply Management said on Friday that employment contracted in the service sector for the fourth straight month in September. The service sector, which employs the most Americans ( ... Read More

Private payrolls plunge 32K in key September jobs report — as shutdown set to halt flow of government data

Private payrolls dropped by the most in two and half years — a surprise dip that comes ahead of the Federal Reserve’s decision on whether to cut interest rates later this month as a government ... Read More

Traders Eye September Jobs Report for Cues on Bitcoin Breakout Above $120K

Crypto markets remained unchanged Monday and Tuesday after last week’s $1.5 billion liquidation flush, but traders remain cautious ahead of a critical run of U.S. economic data that could set the tone ... Read More

With the US government dark, alternate sources show a sluggish September for jobs

Chicago Fed estimates unemployment rate steady at 4.3% in September Planned layoffs drop 37% in September, hiring slow according to Challenger Intuit sees small business hiring down in Q3 Government ... Read More

Labor Dept. to delay economic data if government shuts down, putting Friday's jobs report in doubt

The U.S. Department of Labor said it would delay releases of economic data if the federal government shuts down this week, which could postpone Friday's highly anticipated monthly jobs report. On ... Read More

Layoffs across the U.S. this year are at their highest level since 2020, new data shows

Employers across the U.S. cut nearly 950,000 jobs this year through September, the largest number of layoffs since 2020, according to outplacement firm Challenger, Gray & Christmas. Job cuts could ... Read More

North American Morning Briefing: Investors Eye Government Shutdown, Focus on Jobs Data

Stock futures were up as investors turned their attention to jobs data this week and weighed the risks of a potential government shutdown. Trump and congressional leaders are set for last minute talks ... Read More

Surprise September job gains dampen odds for Bank of Canada rate cut

The Canadian labour market showed an unexpected hiring surge in September, but economists are mixed on whether the strength is enough to deter the Bank of Canada from cutting its policy rate again ... Read More