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Stock market today: Dow notches record high after strong jobs report eases slowdown worries

Odds of a 50 basis point cut dropped to 0% from 53% last week after the strong September jobs report, according to the CME FedWatch Tool.

Los Angeles Times on MSN · 47m

Dow rallies to a record after a blockbuster jobs report

Treasury yields soared in the bond market after the U.S. government said employers added 254,000 more jobs to their payrolls last month than they cut. That was an acceleration from August’s hiring pace of 159,000 and blew past economists’ forecasts.

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NBC News on MSN · 2h

Dow closes at record high after blow-out jobs report

Stocks rallied after data showed nonfarm payrolls grew by 254,000 jobs in September, far outpacing the forecasted gain of 150,000 from economists polled by Dow Jones. The unemployment rate ticked down to 4.1% despite expectations for it to hold steady at 4.2%.

Jobs report stronger than expected

MarketWatch · 6h

September jobs report: Payrolls rise 254,000 as unemployment rate slips to 4.1%

The labor force participation rate among women ages 25 to 54, their prime working years, dipped to 78.1% September, from 78.4% in August. But that number is still hovering at record levels, and it’s been climbing steadily to new heights through 2024.

WGMB Baton Rouge on MSN · 2h

Jobs report stronger than expected in September

The second to last jobs report before Election Day and the first one since the Federal Reserve cut the benchmark interest rate boosted the Biden adminstration.

USA Today · 11h

Jobs report: US employers add more than 250,000 jobs to blow past estimates

September’s labor report, due Friday, is expected to show employers added 140,000 new jobs, little changed from the 142,000 positions created in August, according to FactSet consensus estimates. The unemployment rate is forecast to remain unchanged at 4.2%.

Biden Calls Out Marco Rubio For Calling Jobs Numbers 'Fake'

The Washington Post on MSN · 1h

Biden calls out Rubio for false claim that solid jobs report is ‘fake’

The jobs numbers are what the jobs numbers are. They’re real,” President Joe Biden told reporters when questioned about GOP Sen. Marco Rubio’s social media post.

HuffPost on MSN · 3h

Joe Biden Calls Out Marco Rubio For Calling Jobs Numbers 'Fake'

President Joe Biden made a surprise appearance in the White House briefing room on Friday to tout good news about the economy ― and he called out a Republican senator for claiming the numbers are “fake.

MSNBC · 4h

Biden on job numbers: Anything ‘MAGA Republicans don’t like, they call fake’

Taking questions from the White House press briefing room, President Biden addressed Sen. Marco Rubio, R-Fla., who tweeted that the new jobs report had fake numbers.

US employers add jobs

The New York Times · 5h

Jobs Report Adds to Economic Momentum for Harris

In recent weeks, reports have shown inflation slowing and the economy growing at a robust clip. The Federal Reserve has also cut interest rates, bringing mortgage rates down.

KGET Bakersfield on MSN · 8h

New report shows U.S. adding more jobs, unemployment dips to 4.1%

NewsNation · 10h

US adds robust 254,000 jobs, unemployment dips to 4.1%

It’s the latest evidence that the U.S. labor market is still solid enough to support steady hiring and a growing economy.

Fed's Goolsbee Calls Sep. US Jobs Report 'Superb'

Reuters on MSN · 8h

Fed's Goolsbee calls jobs report 'superb,' still sees rate cuts ahead

(Reuters) -Chicago Federal Reserve President Austan Goolsbee on Friday called the latest U.S. jobs report "superb" and said more labor market data along those lines would boost his confidence the economy is at full employment with low inflation.

Bloomberg on MSN · 8h

Fed’s Goolsbee Praises Jobs Report, Warns It’s Just One Month

Federal Reserve Bank of Chicago President Austan Goolsbee lauded the strong September jobs report but warned of putting too much stock in one month’s data, adding that there are risks that inflation might undershoot the central bank’s 2% target.

MarketWatch · 15h

Fed's Goolsbee says September jobs data doesn't alter forecast that rates can come down by 'a lot'

The September jobs report doesn't alter the view that interest rates can come down "a lot" over the next year-and-a-half, said Chicago Fed President Austan Goolsbee on Friday. The Fed has to be careful not to keeping rates as "restrictive as they are,

6hon MSN

Blockbuster jobs report paves way for US economy to avoid recession in 'soft landing,' experts say

A blockbuster jobs report on Friday paved the way toward a soft landing, in which inflation returns to normal levels while ...

The Economy Looks Strong After the Latest Jobs Report

The robust jobs numbers align with other strong economic data to paint a portrait of a solid economy. Consumer spending has ...

2hon MSN

Bitcoin jumps over $62,000 on sparkling jobs report

Bitcoin rose 3% on Friday, surpassing $62,000 on the strenght of a better-than-expected jobs report, rounding out a volatile ...

Jobs report, strike resolution offer Harris lift on economy

A surge in hiring offers Vice President Kamala Harris a fresh defense in her fight with Donald Trump over the economy, as the ...

3hon MSN

Kamala Harris buoyed by jobs report, inflation numbers with election a month away

Friday’s robust jobs report for September landed with about a month until Election Day — and the better-than-expected data ...

14hon MSN

Friday’s jobs report could be the last normal one for a while

September’s jobs report, due out Friday morning, is expected to show that the US labor market has slowed somewhat but remains ...

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