Layoffs and hiring are low. That means people have job security, are stuck in their jobs, or are unable to find work.
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The Jobs Market Is So Bad That Every Wall Street Firm Now Expects Multiple Rate Cuts in 2025
Bank of America was the final rate-cut holdout. Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. The August jobs ...
On this particular Friday, at 8:30 a.m. ET, the Bureau of Labor Statistics was supposed to release the September jobs report.
WASHINGTON (TNND) — More revisions to federal data are revealing the labor market was on weaker footing than initially thought to start the year as hiring has stalled out over the summer and created ...
The US job market drastically weakened in August, confirming signs of a slowdown – and making an interest rate cut this month look like a done deal. Employers added a paltry 22,000 jobs last month — ...
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The Fed thought it was seeing a ‘solid’ jobs market. Turns out that was just an illusion.
At the end of July, Federal Reserve chief Jerome Powell said “the labor market’s solid — historically low unemployment” after the central bank declined to cut interest rates. The job market, just five ...
Employers across the U.S. cut nearly 950,000 jobs this year through September, the largest number of layoffs since 2020, according to outplacement firm Challenger, Gray & Christmas. Job cuts could ...
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There may not be a jobs report at all this week — so economists are homing in on this data instead
In what could be the last piece of federal jobs data released this week if the government shuts down, a new report Tuesday showed that the number of available roles remains low for the year, a sign ...
According to a survey by recruitment marketing agency HireClix, 38 percent of employees intend to quit their job, up from 32 percent last year. In addition, Gen Z emerged as the most likely to depart, ...
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