The Latest Breaking News from Jobs Report

The government’s latest jobs report paints a bleak picture of the U.S. labor market. Unemployment is rising fast, while payroll and wage growth have slowed to a crawl. Believe it or not, this rapid decline has been a long time coming.

It's an alarming statistic. Essentially, the U.S. government declared that it overstated job growth by 911,000 in the year through March 2025. Subsequently, this disclosure raises anxieties over the labor market's longer-term stability. As such, major financial institutions — including big bank Wells Fargo (NYSE:WFC) — has been encountering choppy…

The historic Standard Life name is to return to the FTSE 100 index as part of a rebranding by Phoenix Group.

Prominent economists are sharing their opinions on last week’s weaker-than-expected jobs report, seeing it as a clear sign of a slowdown in America’s labor market.

Markets enter a pivotal week following Friday's weak August jobs report that created a complex backdrop for investors, simultaneously bolstering hopes for more aggressive Fed rate cuts while raising concerns about economic momentum stalling. Here are 5 things to watch this week.

Stocks rallied to end the week as a weaker-than-expected August jobs report all but cemented an interest rate cut later this month

Wells Fargo Co (NYSE:WFC) shares are trading lower on Friday, caught in a wider market downturn spurred by a surprisingly weak August jobs report that has stoked fears of an economic slowdown. The major indices retreated from recent record highs as investors digested the unsettling labor market data.

The August jobs report came in much weaker than expected, while the unemployment rate ticked higher.

ANALYSIS: Trump returned to the White House promising a better economy. But every sector has taken a huge beating as Americans feel the effect of his tariffs, Eric Garcia writes