Jobs News Case For September Rate Cut Builds After Slower Jobs Data
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US economy saw stronger-than-expected job growth in September, but the unemployment rate rose
The Labor Department is finally releasing the jobs report for September, which was delayed for weeks due to the government shutdown. It is expected to show the economy added around 50,000 jobs that ... Read More
'Stale' September jobs data is mixed news for a divided Fed
The U.S. economy added more jobs than expected in September, but a rise in the unemployment rate and downward revisions to prior months still presented an ambiguous picture for Federal Reserve ... Read More
The Delayed September Jobs Report Is Out. Here's What It Means for the Fed
According to CME Group's FedWatch, futures traders are now pricing in a 58% chance the Fed will keep interest rates unchanged when it concludes its next meeting on Wednesday, December 10, up from 1% ... Read More
US added 119K jobs in September after August decline, delayed report shows
The U.S. added 119,000 jobs in September as the unemployment rate rose to 4.4 percent, according to data the Bureau of Labor Statistics (BLS) released Thursday, more than six weeks after it was ... Read More
September Jobs Spike Threatens Fed Cut, But Wall Street Still Jumps
A strong September jobs report slashed Fed rate-cut odds for December, but Wall Street rallied as growth optimism outweighed policy uncertainty. Read More
Fed's Waller says weak job market justifies rate cut in December
U.S. firms have begun talking more frequently about layoffs as they plan for weaker demand and possible productivity gains from artificial intelligence, Federal Reserve Governor Christopher Waller ... Read More
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