The ADP National Employment Report on Wednesday also showed a moderation in wage growth for workers changing jobs.
Read More US private payrolls post smallest gain in seven months
Tag: job market
US consumers see lower inflation and debt delinquency risk, NY Fed survey shows
U.S. consumers in October, for the first time in five months, said they saw a lower risk of defaulting on their debt.
Read More US consumers see lower inflation and debt delinquency risk, NY Fed survey shows
Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed
Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week.
Read More Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed
Fed rate-cut size this month to hinge on job market health
Federal Reserve policymakers are increasingly attentive to the U.S. labor market as they prepare for a policy-setting meeting later this month.
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Fed’s Powell says ‘time has come’ to lower interest rates
Federal Reserve Chair Jerome Powell offered an explicit endorsement of interest rate cuts, saying further cooling in the job market would be unwelcome.
Read More Fed’s Powell says ‘time has come’ to lower interest rates
Report: U.S. Job Market Weakens In June
The economy grew via the addition of 206,000 jobs in June, but unemployment was still above 4% in the same month, according to the Labor Department on Friday.
Read More Report: U.S. Job Market Weakens In June