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US adds far more jobs than expected in May
Reuters via AOL· 1 day ago(Reuters) -U.S. job growth accelerated far more than expected in May, keeping the Federal Reserve on track to hold off starting to cut interest rates...
Fed won’t move interest rates next week, but meeting will still be a feast for economists
Market Watch· 3 hours agoEconomists generally agree that the strong May job report, released on Friday, seemed to shut the...
May jobs report blows past forecasts as labor market heats up
CBS News via Yahoo Finance· 1 day agoEmployment data also showed the jobless rate inching slightly higher to 4% from 3.9% in...
Stock market today: US indexes drop after big May jobs report resets rate-cut outlooks
Business Insider via Yahoo Finance· 10 hours agoMeanwhile, average hourly earnings rose to 4.1% from 3.9% annually, which revived some concern about...
Truck transportation jobs down in May; total now matches November
FreightWaves via Yahoo Finance· 23 hours agoAnother drop in truck transportation jobs in May means the total stands at the same level as it did...
US jobs shock leaves traders reeling as hopes of interest rate cut sink
The Telegraph via Yahoo Finance· 21 hours agoAnalyst Andrew...the Fed to react with a series of cuts beginning in the next few months. The...
Citi switches first Fed rate cut call to September from July after hot jobs data
StreetInsider· 9 hours agoCiti made an adjustment to its forecast for the U.S. Federal Reserve's monetary policy, moving its expectation for the initial rate cut from July to September. This change ...
Jobs report shows added jobs, higher wages in May; Unemployment edges up to 4%
Scripps News via AOL· 16 hours agoHamrick said the supply and demand for workers is still out of balance pushing job openings and...
What will the Fed do after hotter-than-expected jobs report?
Investing.com via Yahoo Finance· 9 hours agoWe also look for the dot plot to show two cuts as the median for 2024 and four for 2025." Evercore ISI: "Within broad ranges, the inflation data not the jobs data will determine whether the ...
The jobs report will ‘lead to continued controversy,’ leaving Jerome Powell in wait-and-see mode and...
Fortune via AOL· 21 hours agoZipRecruiter’s chief economist says the latest jobs report “delivers a kind of hazy, mixed picture”...