Jobs News Fed Chair Powell Just Said The Labor Market Is Getting Vulnerable Friday’s Jobs Report Could Prove Why

Fed's Powell points to persistent labor market weakness as government shutdown delays official reports

Fed Chair Jerome Powell told economists that the sluggish labor market and tariff-induced inflation are persisting as government shutdown delays official employment reports. Read More

Fed's Powell says economy may be on firmer footing, but job market weak

The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy "may be on a somewhat firmer trajectory than expected," Federal Reserve Chair Jerome ... Read More

Fed Chair Powell Warns of ‘Challenging Situation’ as Labor Market Cools and Inflation Persists

Federal Reserve Chair Jerome Powell has said that the economy faces a "challenging situation" as the labor market weakens while inflation persists at an elevated level. In comments to the Greater ... Read More

Fed Chair Powell Sees More Job Market Weakness. ‘There Is No Risk-Free Path.’

Federal Reserve Chair Jerome Powell’s remarks will be his first since the central bank cut interest rates in September. Read More

Powell says Fed has good handle on economy despite shutdown, labor market weakness remains a key risk

Federal Reserve chair Jerome Powell said the central bank has a good read on the economy despite the government shutdown, with labor market weakness remaining the key risk to the economy. Although ... Read More

Fed's Powell Strikes Middle Path on Inflation, Jobs, as Others Take Sides

WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation and a weakening job market in coming ... Read More

Powell signals Federal Reserve to move slowly on interest rate cuts

Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials who have called for a more urgent approach. 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

Federal Reserve chair discusses tariffs, AI and the labor market during RI visit

WARWICK, R.I. (WPRI) — Roughly a week since the Federal Reserve cut its short-term interest rate, chair Jerome Powell was featured as the keynote speaker at the Greater Providence Chamber of ... Read More

With Friday's jobs report in question, ADP shows private payrolls fell by 32,000 in September

The ADP National Employment Report, a measure of private employment in the U.S., said on Wednesday that payrolls at private employers declined by 32,000 jobs last month, signaling the labor market ... Read More

U.S. Jobs Market Is Weakening, Says Fed Vice Chair Jefferson

Federal Reserve Vice Chair Philip Jefferson said job growth had slowed to levels last seen in the recovery from the pandemic. (Alessandro Rampazzo/Bloomberg News) The labor market is softening and ... Read More