NFP

Global markets experienced a major downturn on Friday, continuing the negative sentiment that began the previous day, further exacerbated by U.S. jobs data that came in cooler than expected. The U.S. economy is showing signs of underlying weaknesses, as the pace of job creation slowed significantly...

Editor’s note: This story has been updated to correct a sentence to reflect that nonfarm payrolls totaled 114,000 in July, a slowdown of 65,000 from the previous month. The pace of job creation slowed in July, signaling cooling labor market conditions and strengthening the case for imminent...

The number of job openings held steady at 8.2 million on the last business day of June, surpassing the estimated 8 million and aligning with upwardly revised May 2024 figures. This data released Tuesday kicks off a week filled with significant labor market indicators. On Wednesday, ADP will...

Despite the stronger-than-expected increase in non-farm payrolls last month, the Bureau of Labor Statistics’ June Employment Situation report indicated an overall cooling trend in the U.S. labor market. Significant downward revisions of 111,000 fewer payrolls in the previous two reports, an...

The official June labor market report for the United States indicates mixed conditions, showing robust employment growth but a slowdown in wage increases, which may support expectations for upcoming interest rate cuts. In June, the U.S. economy added 206,000 new jobs, a reduction from the...

The U.S. labor market doesn’t appear as tight and hot as a couple of months ago, with the June’s Employment Situation report likely to show an overall cooling trend from a very strong performance in May. Slated for release Friday at 8:30 a.m. ET, the official jobs report from the...

Wall Street returned to reclaim record highs on Friday after a stronger-than-expected jobs report. In May, the increase in non-farm payrolls rose by 272,000 units, a jump from 165,000 and significantly higher than the economists’ consensus of 180,000. Hourly wages also surprised on the upside...

The U.S. labor market showcased its resilience in May, with nonfarm payrolls surging by 272,000, far surpassing the anticipated 180,000. The upper range among economist predictions, as compiled by Econoday, was 225,000, so even the most optimistic forecasters had not anticipated the booming...

The U.S. labor market sharply outperformed expectations Friday, as monthly employment growth and wage increases in May topped forecasts. U.S. employers added 272,000 nonfarm payrolls in May, down from the downwardly revised 165,000 figure in April, according to the Bureau of Labor Statistics. May...

Long-dated U.S. Treasuries are rallying, breaking above a key downtrend that began in late 2023, fueled by recent soft economic data, which has led investors to reprice higher expectations on the Federal Reserve cutting interest rates in September. The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT...

A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year. In April, nonfarm payrolls expanded by 175,000 jobs, marking a significant slowdown from March’s robust pace...

In April, the U.S. economy added 175,000 jobs, falling short of expectations and down from the 315,000 jobs added the previous month. Surprisingly, the unemployment rate inched up from 3.8% to 3.9%, although maintaining a level below 4% for the 27th consecutive month—a streak not seen since the...

Editor’s note: This story has been updated with additional details. The April performance of the U.S. labor market missed expectations, providing some evidence of cooling economic momentum and potentially leaving the door open for interest rate reductions later this year. U.S. employers added...

Bank of America U.S. economist Michael Gapen recently provided insights into the expected performance of the U.S. employment sector for April, forecasting nonfarm payrolls will see an increase of 250,000, marking a slight deceleration from the 276,000 average gain over the previous three months....

The Bureau of Labor Statistics (BLS) is set to release the much-anticipated jobs report for March on Friday at 8:30 a.m. EST. Automatic Data Processing Inc. (ADP) provided a glimpse into private sector employment trends ahead of the BLS's report. Growth exceeded expectations for February as private...