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Wealth Up on MSNJuly Jobs Report: Payrolls Miss Sets Up Rate Cuts ‘Sooner Rather Than Later’America's employment situation weakened more than expected in July, with the latest nonfarm payrolls report showing far fewer ...
Although the July jobs report showed that wages rose once again, the slowest pace of hiring since late 2020 and downward revisions to the prior two month's payrolls figures likely keeps the ...
The July jobs report showed that hiring slowed markedly last month, while the unemployment rate hit a three-year high. The latest downbeat reading on the labor market could prompt the Federal ...
A data-dependent Federal Reserve on the cusp of cutting interest rates will get a consequential jobs report ... is expected to report an increase of 175,000 nonfarm payrolls in July, after a ...
And while a feeble jobs report could always be a one-month blip ... "The sharp slowdown in payrolls in July and sharper rise in the unemployment rate makes a September interest rate cut inevitable ...
Stock futures were falling further after the July jobs report had markets fretting about a slowing economy. Dow futures were down 1.2%. S&P 500 futures were down 1.6%. Nasdaq 100 futures were down ...
And then, at 8:30 a.m. ET, everything changed. The jobs report said the US economy added 114,000 jobs in July, far fewer than the 176,000 jobs that economists expected. The unemployment rate ...
Nick writes about economics, financial markets and investing. Following the soft July jobs report that showed a 4.3% unemployment rate (up from 4.1% in June), some commentators worried that the ...
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