Jobs News This Is A Big Key To A Healthy Jobs Market, Fed’s Kashkari Says

Is America’s jobs market nearing a cliff?

And, given the outward strength of America’s labour market, how credible are fears of a jobs-pocalpyse? The case for concern has three parts. First, even if there have been no disasters yet, things ... Read More

Fed’s Beige Book Finds Softening Job Market

Key Takeaways The Fed’s latest Beige Book shows a slightly weaker job market as employers slow hiring, cut hours, or rely on attrition instead of layoffs.Consumer spending softened and price pressures ... Read More

No Jobs Data, No Fed Meeting? The Central Bank's December Interest Rate Decision Just Got Harder

Key Takeaways The Federal Reserve is set to hold a policy meeting Dec. 9 and 10, before several important economic reports are due to be published.Experts are speculating whether the Fed will choose ... Read More

4 market takeaways from the big September jobs report

After a 76-day wait, data-starved investors finally got their hands on an official jobs report from the Bureau of Labor Statistics this morning. Read More

Fed loses access to key jobs data ahead of FOMC meeting, crypto markets reel

Officials of the Federal Reserve recently lost access to employment data from ADP, the Washington Post reported on Oct. 22. Since the central bank is already unable to receive key economic data in the ... Read More

With inflation and jobs in ‘tension,’ Powell warns of the Fed’s tightrope on interest rates

The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. “There is no risk-free path for policy as we ... 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. The ... Read More

This is the worst the jobs market has looked (outside of a recession) in 50 years, says Goldman Sachs, meaning bullish GDP estimates are too optimistic

Goldman Sachs’ Jan Hatzius warned that U.S. GDP estimates showing 3.8% growth in Q2 and 3.3% in Q3 may be overstated, owing to missing data from the government shutdown and weakening labor trends. He ... 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, as policymakers work to shore up the softening job market. It was the Fed's second rate cut in six weeks, ... Read More

White House Says October Jobs, Inflation Reports Unlikely to Be Released

The Fed cut rates for the second time this year, although Chair Jerome Powell said a third cut is “not a foregone conclusion.” In October, WSJ’s Nick Timiraos explained the central bank’s split ... Read More

Federal Reserve cuts key interest rate in bid to boost job market

The Federal Reserve on Wednesday cut its benchmark interest rate for the second time this year as it seeks to boost economic activity and rejuvenate the sluggish labor market despite concerns about ... Read More

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

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ... Read More