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The white-hot labor market is on its way out, but is still going strong for now. The US economy added 263,000 nonfarm payrolls in September, the Bureau of Labor Statistics announced Friday morning.
That combination, unusual for the labor market, mirrors the state of the housing market where more people are "locked in" to situations, for better or worse. Until this point, a hot labor market ...
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The job market is starting to show cracks. Hiring fell short of expectations for the first time in 6 months.Powell said at the press conference that the Fed is "prepared to respond to an unexpected weakening in the labor market." Pollak said it's "no longer a white-hot labor market" or a job "candidate ...
Unfortunately, a “hot” labor market like this is unsustainable — employers increase wages to attract and keep talent, and this wage growth drives inflation. So getting inflation down to a ...
The larger-than-expected gains come as concerns mount about the economic impact of sweeping tariffs and cuts to the federal ...
U.S. added 228K jobs in March, beating forecasts despite a 4.2% unemployment rate. Click for my review of the employment data ...
However, if you’re in that age range and in the market for a new job, you might be worried about everything you’ve heard about hiring managers and HR directors who avoid any résumés from ...
Steve Wyett, chief investment strategist at BOK Financial "The labor market and economy have normalized and are in a healthy place – not too hot, not too cold. There was some mixed data ...
What do Starbucks, Trader Joe's and the Trump administration share? The radical notion that long-standing law governing labor ...
Slightly more Americans filed for unemployment benefits last week, but the labor market remains broadly healthy despite an ongoing trade war ...
The hot December jobs report has Wall Street doubting ... which is supportive of the higher for longer narrative on interest rates, since the labor market is not being negatively affected by ...
Consumer spending and a hot labor market were able to power the economy through the post-pandemic era of uncertainty despite high interest rates. That gives some optimism that it will continue to ...
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