Economists expect the Bureau of Labor Statistics to revise its jobs data downward for the year ended in March 2025. Here's why. Original Image Link Source:www.cbsnews.com
That classic K-shaped divide — usually used to describe the US consumer — showed up again Friday after the April jobs report. But this time, the divergence is inside tech itself: Wall Street is paying record premiums for the sector’s stocks while its workforce keeps losing ground. Original Image Link Source:finance.yahoo.com
Follow MarketWatch's live coverage of the U.S. jobs report for April, and its impact on markets and the economy. Original Image Link Source:www.marketwatch.com
At the April meeting of the Fed's interest rate-setting committee, the Fed didn't change its target interest rate. It did, however, include language that indicated a bias toward easing (cutting interest rates) in the near future. Original Image Link Source:www.fool.com
Positive April job growth and a steady unemployment rate could shift the Fed's focus back to fighting inflation, even as labor market risks persist. Original Image Link Source:www.msn.com
When the April jobs report is released Friday morning, it is expected to show that the US labor market added 67,000 positions. Original Image Link Source:www.msn.com