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Strong jobs report puts aggressive rate cuts by the Fed
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.
Strong jobs report puts aggressive rate cuts by the Fed on ice
Good news on jobs means you can say goodbye for now to your dreams of continued aggressive rate cuts from the Federal Reserve. State of play: The Fed may have adjusted rates by a supersized half percentage point in September,
September’s Jobs Rebound Slashes Odds of Another Aggressive Rate Cut
Friday’s jobs data should alleviate concerns that the U.S. labor market is rapidly heading into a recession, signaling that the Federal Reserve won’t need to implement more dramatic rate cuts to prop up employment.
Dow, jobs and Stock market
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.
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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%.
Stock market today: Dow rallies to a record after a blockbuster jobs report
Friday’s report capped a week of mostly encouraging data on the job market, including an update indicating layoffs remain relatively low. Such strength helps allay one of Wall Street’s top questions: whether the job market will continue to hold up after the Federal Reserve earlier kept interest rates at a two-decade high.
Biden Calls Out Marco Rubio For Calling Jobs Numbers 'Fake'
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.
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.
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.
Fed's Goolsbee Calls Sep. US Jobs Report 'Superb'
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.
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.
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,
9h
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 ...
10h
on 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 ...
7h
on 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 ...
2h
What the latest jobs report says about the U.S. economy
The September jobs report showed U.S. employers added 254,000 jobs and yearly wage increases outpaced the inflation rate. CBS ...
6h
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 ...
15h
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 ...
6h
on 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 ...
6h
on MSN
Blowout Jobs Report Boosts Shares, Hits Bonds
The Nasdaq Composite rose 1.2%, while the Dow industrials and S&P 500 added about 0.8% and 0.9%, respectively. The ...
1d
on MSN
Jobs report to offer economic snapshot weeks before Election Day
Investors and policymakers eagerly await a jobs report on Friday that will show whether the labor market has continued its ...
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