-
Friday's Jobs Report Could Be Make-Or-Break Moment After Trump's Tariff Shock
Thursday, April 3, 2025 - 3:56pm | 786As newly announced trade tariffs rattle markets, the U.S. labor market stands as the last major pillar of strength in an economy increasingly defined by President Donald Trump‘s policy decisions. The Bureau of Labor Statistics will release the March Employment Situation at 8:30 a.m. ET on...
-
US Economy Adds Fewer Than Expected Jobs In January, Unemployment Rate Slows, Wage Growth Spikes (UPDATED)
Friday, February 7, 2025 - 10:08am | 529Editor’s note: This story has been updated with additional details. U.S. employment growth lost steam in January, with job growth coming in well below expectations and marking a significant slowdown from the previous month. Nonfarm payrolls rose by 143,000 in January 2025, marking a sharp...
-
January Jobs Report Preview: Speculators Bet On Strong Payroll Surge, Yet Economists Predict A Different Picture
Thursday, February 6, 2025 - 12:01pm | 578Wall Street is on edge ahead of Friday's January jobs report, as a stark divide emerges between economist projections and speculative market bets. While economists expect only a moderate payroll growth, far below December’s robust reading, betting odds are signaling confidence in a much...
-
Betting Markets Project Strong Jobs Growth, Goldman Sachs Forecasts Slowdown: How Can Traders Profit?
Thursday, January 9, 2025 - 5:23pm | 613Betting markets see December’s nonfarm payrolls coming in much higher than Wall Street economists expect, creating a stark divide between traders betting on strong labor data and forecasts predicting a slowdown in hiring. In a note shared Thursday, Goldman Sachs economist Ronnie Walker...
-
US Economy Adds 227,000 Jobs In November, Wage Growth Accelerates
Friday, December 6, 2024 - 9:46am | 386The November jobs report revealed a stronger-than-expected rebound in hiring, recovering from October’s weather-related disruptions. Wage growth also slightly outpaced forecasts. Nonfarm payrolls surged by 227,000 in November, a significant jump from October’s upwardly revised 36,000....
-
November Jobs Report Preview: Will It Seal The Deal For A Fed Interest Rate Cut?
Thursday, December 5, 2024 - 1:25pm | 700Traders are laser-focused on November's jobs data, slated for release this Friday, as one of the last pivotal data points — along with next week's inflation report — that could shape the Federal Reserve’s decision on a potential rate cut at its Dec. 18 meeting. With market odds sitting at...
-
Market Volatility Soars Ahead Of Elections, Tech Earnings Mixed, Strikes And Hurricanes Knock Employment Down: This Week In The Markets
Friday, November 1, 2024 - 4:50pm | 671The U.S. stock market experienced a setback at the end of October, breaking a five-month winning streak as election uncertainties and mixed tech earnings dampened risk sentiment. A key measure of market turbulence, the CBOE Volatility Index, or VIX, surged by 34% last month, marking the third-...
-
US Economy Adds Only 12,000 Jobs In October, Sharply Misses Estimates As Hurricanes, Strikes Pummel Hiring
Friday, November 1, 2024 - 8:44am | 495The U.S. economy experienced almost no job growth in October as the pace of employment creation slowed to its lowest level since December 2020, according to the official jobs report released Friday. This downturn likely reflects the impact of hurricane disruptions, strikes in manufacturing and...
-
Jobs Report Preview: Could October Nonfarm Payrolls Defy Hurricane Disruptions, Strikes And Election Uncertainty?
Thursday, October 31, 2024 - 1:16pm | 867Traders are eagerly awaiting October’s official jobs data, set for release on Friday at 8:30 a.m. ET — widely viewed as the week’s most crucial economic event. The Employment Situation report is expected to provide valuable insights into the resilience of the U.S. labor market,...
-
S&P 500 Nears Record Highs On Hot Jobs Data: Dollar, Treasury Yields Surge As Aggressive Interest Rate Cut Hopes Fade
Friday, October 4, 2024 - 9:28am | 936A hotter-than-expected jobs report spurred a premarket rally on Wall Street Friday, showcasing the U.S. economy’s resilience and easing concerns over an economic slowdown. The strong labor data also led traders to rethink the Federal Reserve’s aggressive rate cuts, resulting in a jump...
-
US Economy Adds 254,000 New Jobs In September, Smashes Expectations: Unemployment Falls, Wages Increase (UPDATED)
Friday, October 4, 2024 - 8:51am | 432Editor’s note: This story has been updated with additional details. Signs of a healthy labor market emerged from the official September jobs report, as the U.S. economy added 254,000 nonfarm payroll jobs last month, reflecting a strong improvement over August's upwardly revised figure of 159...
-
Wall Street Sighs In Relief As August Jobs Numbers Ease Recession Fears: Small Caps Outperform, Dollar Trims Weekly Losses
Friday, September 6, 2024 - 10:03am | 494Wall Street breathed a sigh of relief Friday after the August jobs report signaled economic resilience, calming recession fears that had escalated following weak labor data in July and earlier this week. The U.S. economy added 142,000 nonfarm payrolls in August, up from the previous month's...
-
Gold Rallies, Yen Surges, Treasury Yields Fall As Disappointing Payrolls Data Supports Large Rate-Cut Bets
Thursday, September 5, 2024 - 9:23am | 571Lower-than-expected private employment growth in August triggered positive reactions Thursday in interest rate-sensitive assets like gold and the Japanese yen, while pushing Treasury yields lower as traders bolster their bets on a 50-basis-point rate cut by the Federal Reserve this month. U.S....
-
Private Employment Grows By 99,000 In August, Sharply Misses Forecasts Of 140,000: 'The Labor Market Overall Is Softening'
Thursday, September 5, 2024 - 8:27am | 525Private sector job growth cooled August compared to the previous month and came in at a substantially slower pace than economists estimated. U.S. private employers added 99,000 jobs in August, a decline from the downwardly revised 111,000 in July, and falling short of the anticipated 140,000. The...
-
Could August Jobs Numbers Keep Recession Fears At Bay? 'This Time Is Different,' Analyst Says
Wednesday, September 4, 2024 - 4:09pm | 721The August jobs report is the week's most anticipated economic release as investors closely watch for signs of a rebound in the U.S. labor market following the recession-like figures seen in July. The Employment Situation report for July revealed a significant slowdown in job creation, with total...