Hurricanes and strikes were expected to dent job creation, and bond market investors are looking ahead to next week’s election, Fed meeting and government bond auctions.
Category: Unemployment
In Nevada, Economy Tops Issues as Unemployment Remains High
The state is among a handful that will decide the presidential contest, and workers have felt increased prices at the grocery store and gas station.
Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.
Why This Jobs Report Could Be the Most Pivotal One in Years
It’s tough to overstate how much hinges on Friday’s employment update, from the path for interest rates to the economic outlook.
Will A.I. Kill Meaningless Jobs?
And is that so bad?
Mortgage rates retreating from 7% on ‘massive’ revision to jobs report
After spiking after the June 27 presidential debate, mortgage rates are trending down again on mounting expectations that the Federal Reserve will start cutting rates in September.
What to know about the latest jobs report.
Hiring levels have eased slightly but remain strong. The data for May, due Friday, is expected to show a gain of 190,000.
U.S. Job Market Eases, but Hiring Remains Firm
Employers added 175,000 jobs in April, a milder pace than in the winter months, though layoffs have remained low and most sectors appear stable.
Why inland California housing is so exposed to downturn risk: Report
Data provider Attom tracks the 50 U.S. communities most at risk of further housing decline. Half of them are located in one of three places.
China’s Investors Are Losing Faith in Its Markets and Economy
As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.