The Labor Department is expected to report Friday that employers added 140,000 jobs in September. The U.S. labor market is still reliably cranking out jobs each month, enough to give Americans the confidence and paychecks to keep spending and sustaining the economy. Yet the pace of hiring has lost momentum over the past several months, evidence that employers have become more cautious.September likely brought more of the same.
U.s. Jobs Report Expected To Show Hiring Gains In September
Associated Press, Fast Company
Fri, 10/04/2024 - 9:29am
Topics: the u.s factset brian bethune boston college federal reserve s nov february federal reserve bank atlanta institute supply management america s march 2022.workers april liv wang adp research june 2022.friday s diane swonk kpmg labor department september august bethune fed americans u.s june july covid fed s expected hiring gains jobs report economy month employers inflation recession market interest average rates pace rate began spending year earlier added percentage prices high employment economist number modest reported months central wages record data slowed economists target firm million unemployment relief annual times rose borrowing consumer higher costs peak expects points cut years premium grew pandemic
BING NEWS:
- Employers added 227,000 jobs in November, a recovery from previous month
November’s job gains could paint an artificially strong picture of the labor market as workers sidelined by strikes and hurricanes have returned to their jobs.
12/6/2024 - 8:24 am | View Link - Jobs report shows hiring surge as Fed weighs interest rate cut
U.S. hiring surged in November ... the Fed’s target of 2%. The jobs report marks one of the last pieces of significant economic data before the Fed announces its next interest rate decision on Dec. 18 ...
12/6/2024 - 2:22 am | View Link - U.S. Job Growth Rebounds
The labor market added 227,000 jobs, a big rebound from October, when storms in the Southeast and a major strike disrupted work. The unemployment rate ticked up slightly to 4.2 percent. A chart ...
12/6/2024 - 1:54 am | View Link - Labor Market Comes Back to Life in November
The jobs report was one of two key pieces of data, along with inflation readings, due out next week before the Federal Reserve meets on Dec. 17-18 to consider cutting interest rates.
12/6/2024 - 1:11 am | View Link - US hiring likely rebounded last month after storms and strikes curtailed October job growth
WASHINGTON (AP) — Hiring in the United States likely rebounded last month from a dismal October, when hurricanes and strikes reduced job growth to its lowest level in nearly four years. Friday's jobs ...
12/5/2024 - 4:03 pm | View Link - More
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