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The jobs report will ‘lead to continued controversy,’ leaving Jerome Powell in wait-and-see mode and...
Fortune· 12 hours agoMany investors hoped the jobs numbers would show that the labor market is cooling, enabling the Fed to move up the timing of its rate cuts. Instead, the Bureau of
California has highest state unemployment rate, almost equal to Inland Empire’s 5.4%
San Bernardino Sun· 13 hours agoCalifornia has the highest state unemployment rate, at 5.3%, beating Nevada by 0.2 percentage...
Stock Market Revs To Highs On Nvidia, CrowdStrike, Yields: Weekly Review
Investor's Business Daily· 14 hours agoThe Nasdaq and S&P 500 hit record highs, thanks to lower Treasury yields and positive news from...
Wages concerning, but 'mixed-bag' jobs data won’t slow Bank of Canada's cuts: economists
Financial Post via Yahoo Finance· 13 hours ago“The (Bank of Canada) won’t regret cutting interest rates this week and with interest rates still at...
Joe Biden's labor market may be too hot to handle
Politico· 16 hours agoThe turbo-charged labor market will provide Biden and his Democratic allies fodder on the campaign trail as they work to convince voters that the economy is much stronger than public polling suggests.
U.S. Adds Whopping 272,000 Jobs: Here’s Why That’s Bad News For Interest Rates
Forbes· 24 hours agoThe labor market grew at a faster pace than anticipated in May, according to the Labor Department’s...
Labour risks union revolt over private school tax raid job losses
The Telegraph via Yahoo News· 7 days ago“Legally it’s just not that simple and they [private schools] don’t tend to go through the process...
The Conference Board
The Conference Board· 24 hours agoJob gains were outsized in May reflecting additions in most industries, while the unemployment rate ticked up a tenth of a percentage point to 4.0 percent. The slight rise in the jobless rate ...
Joe Biden's labor market may be too hot to handle
Politico via Yahoo Finance· 16 hours agoThe job market's surprising resilience will bolster President Joe Biden’s economic messaging at a time when most voters hold a dim view of his policies.
The Fed's rate decision and May inflation data will be key tests for the stock market next week
CNBC· 10 hours agoInvestors continued to hunt for signs of a cooldown in the labor market in the hopes that a slowing...
