Jobs News What Today S Jobs Report Means For The Fed And Economy

No jobs report again. But these numbers show how the U.S. economy is doing.

Investors are set to miss out on the second U.S. jobs report in a row due to the government shutdown, but there’s enough scattered evidence to suggest the economy is hanging in there. Read More

Jobs report may be the last for a while: What this means for mortgage borrowers

Better reports a government shutdown has caused a data blackout, hindering economic predictions and creating mortgage rate volatility for borrowers. Read More

"No hire, no fire" job market may no longer be a thing as big companies announce mass layoffs

Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting. Read More

The Fed cuts interest rates again as concerns grow about the job market

The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, because the central bank is more concerned about the job market than it is with battling inflation. Read More

Fed likely to cut rates again despite 'no risk-free' path for policy, analysts say

Analysts expect the Fed to proceed with another quarter-point rate cut, viewing a cooling labor market as a larger concern than inflation. Read More

Without a new jobs report, U.S. ‘flying blind’ on hiring in an uncertain economy

WASHINGTON (AP) — From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around ... Read More

Fed Cuts Interest Rates Again to Protect Jobs as Economic Risks Grow

The Federal Reserve has once again cut its benchmark interest rate, aiming to revive the stagnant job market and prevent a surge in unemployment by lowering borrowing costs. Read More

The Fed cuts interest rates to bolster job market

The Federal Reserve is making it a little bit cheaper to borrow money. The central bank hopes to prop up the job market. But it's making no promises that rates will fall further in December. Read More

The Fed will probably cut rates today. The shutdown could make future cuts more difficult

President Donald Trump has spent much of the year urging the Federal Reserve to deliver aggressive rate cuts in order to boost the economy. But the government shutdown ironically threatens the very ... Read More

What today's inflation report says about the economy — and Social Security checks

Because of the shutdown, the federal government is belatedly releasing new Consumer Price Index numbers, which the Social Security Administration needs to adjust for next year's benefits. Read More

What will happen to mortgage rates this November if there's no Fed meeting? Experts weigh in.

"If the Fed doesn't meet in November, I expect mortgage rates to drift with the bond market … modest day-to-day moves, not big swings," says Steven Glick, director of mortgage sales at real estate ... Read More