Jobs Slow, Unemployment Jumps to Four-Year High — Here’s What the Latest Labor Report Really Says

Jobs Report

Key Points Job growth came in at a seasonally adjusted 64,000 for the month, beating the Dow Jones forecast of 45,000 and marking an improvement from October’s sharp decline. The unemployment rate increased to 4.6%, above expectations and the highest reading since September 2021. A broader measure that includes discouraged workers and those working part-time … Read more

August Employment Data Could Confirm Labor Market Slowdown, Boosting Fed Rate Cut Hopes

US Jobs Report

The August US Jobs Report is about to come, and all eyes are on it across America. It is not just a figure, but it will tell in which direction the US economy is going and how the Federal Reserve will decide its next move. For the last few months, there has been a slight … Read more