Jobs Market

At least three major financial institutions reportedly obtained early access to crucial data from the Bureau of Labor Statistics (BLS), drawing scrutiny to the agency for what appears to be the second time it mishandled info this year. What Happened: As reported by Bloomberg, Mizuno Financial Group...

The Bureau of Labor Statistics (BLS) will unveil the latest jobs report for February this Friday. As a precursor to the BLS report, the Automatic Data Processing Inc. (ADP) released data this week showing a softer-than-expected private employment growth. In February, private employers added 140,...

Recent surveys from various regional Federal Reserve banks indicate a potential decrease in hiring across the United States in 2024. This trend, which could lead to moderated wage increases, is seen as a response to the Federal Reserve's measures to decelerate economic growth and manage...

A week filled with significant events impacting the markets culminated in an unexpectedly strong September jobs report. Government Shutdown Averted; House Ousts McCarthy: The U.S. Congress managed to avoid a dramatic government shutdown just hours before the midnight deadline Oct. 1 by passing a...

The Bureau of Labor Statistics will release the highly-anticipated September jobs report on Friday at 8:30 a.m. ET. Among the data investors will scrutinize are the non-farm payrolls (NFPs), which serve as an indicator of the rate of new job creation during the month. This data point, along with...

The July performance of the U.S. labor market has caught the attention of economists as they evaluate its implications for the Federal Reserve’s future actions. Non-farm payrolls showed a gain of 187,000 jobs in July, falling short of the expected 200,000, while June’s figure was...

Microsoft co-founder Bill Gates recently ran a poll to find out people’s perceptions of the requisites for getting a job. What Happened: Gates, who has now plunged headlong into healthcare and fight against climate change, asked his 62.8 million Twitter followers in a poll, by 2025, how many...

“Big Short” fame investor and hedge fund manager Michael Burry has yet again sounded the alarm on white-collar jobs burgeoning unsustainably amid a falling market and fears of an economic recession. What Happened: Burry, early Monday (Sept. 26), tweeted that the "white...

That’s more like it. After a slump in December, the economy created a way better than expected 225,000 new jobs in January. The growth included nice gains in closely watched categories like construction and warehousing, but still showed weakness in the manufacturing sector. Even so, job...

Geopolitical uncertainty is fading, domestic political shock appears unlikely, and global economic data is stabilizing. American jobs are the most secure they've been in a generation and it shows – mom and pop traders are dabbling in stocks again for the first time in two years. Add this...

Testifying to the strength of the jobs market, the Labor Department released a report on Friday showing strong job gains and a slip back in the jobless rate to a nine-year low. The Fed now has its task cut out for it as it prepares to meet next week to discuss its monetary policy stance. Robust...

Initial jobless claims increased by 6,000 over last week, according to Department of Labor data released Thursday morning. 278,000 people filed for unemployment insurance for the first time last week. Estimates pegged the number at 271,000. The four-week moving jobless claim fell 1,750 to 207,250....

The Department of Labor released data that indicated 10,000 more people filed for unemployment for the first time last week than the week ending January 9, bringing the total number of initial claims to 293,000 from 283,000 the previous week. Analysts consider initial claim figures of under 300,...

Former chairman of the Federal Reserve Alan Greenspan appeared on CNBC's Squawk Box Friday morning, where he discussed the state of the jobs market as he sees it as well as what can be done to help boost competitiveness and activity. “You're looking at an issue really of the working age...