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The Latest Breaking News from Jobs Report

A Peek Into The Markets: US Stock Futures Down; All Eyes On Jobs Data

Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped more than 400 points in the previous session. Investors are awaiting the release of jobs report for May.

Benzinga

Economic Data Scheduled For Friday

US jobs report for May is scheduled for release at 8:30 a.m. ET. A 325,000 increase is expected for nonfarm payroll growth in May compared with 428,000 April. Analysts expect unemployment rate declining to 3.5% in May from 3.6% in April. US Services Purchasing Managers' Index for May will be released…

Benzinga

Dow Jones Futures Fall: 'Super Bad' Elon Musk Warning Hits Tesla; Market Rally Awaits Jobs Report

Dow Jones futures: Tesla stock fell Friday as Elon Musk reportedly wants to cut 10% of staff. The May jobs report looms for the market rally.

Investors Business Daily

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The Week Ahead: The forward momentum in the job market deserves respect

The monthly jobs report is the Rodney Dangerfield of economic statistics. It gets little respect yet has a big and important audience.

Miami Herald

Strong Job Growth Isn't Enough

Despite a promising April jobs report, the U.S. is still 3 million workers short.

Reason

Asian Stocks Stumble on Global Anxieties over Inflation

Asian stocks fell Monday as investors remained anxious over inflation and the ongoing impact of China's Covid lockdown policies, despite an initial Wall Street bounce thanks to a solid US jobs report. Global markets have taken a beating over a series of crises including surging inflation, rising interest rates, China's…

Asharq Al-Awsat

Stock Market Pares Losses As Nasdaq Falls 1.4%; Jobs Report Offers Mixed Signals

The Russell 2000 dropped to the lowest level since December 2020.

Investors Business Daily

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EXPLAINER: More pressure on the Fed from April jobs report

The April jobs report provided mixed signals on the economic issue most on the minds of Americans: Chronically high inflation

The Independent UK

Stock Market Extends Losses On Jobs Reports, Rising Yields; Materials, Real Estate Add To Woes

The stock market on Friday extended Thursday's losses as a new job report came out showing the labor participation rate fell.

Investors Business Daily

Mid-Morning Market Update: Markets Open Lower; US Economy Adds 428,000 Jobs In April

U.S. stocks traded lower this morning, following the release of jobs report for April.

Benzinga

Jobs Report: Hiring Stays Too Strong For The Federal Reserve; Dow Jones Falls

The April jobs report showed strong hiring, likely too strong for the Fed, though wage growth cooled a touch. The Dow Jones fell.

Investors Business Daily

Dow Jones Sells Off After Jobs Report As Treasury Yields Hit New High

The Dow Jones Industrial Average dropped Friday morning after the key April jobs report. The 10-year Treasury yield hit a new high.

Investors Business Daily

A Peek Into The Markets: US Stock Futures Down; Jobs Report In Focus

Pre-open movers

Benzinga

FOREX-Dollar near 20-year Highs amid Global Markets Rout

The dollar index hovered near 20-year highs against major peers on Friday, as market sell-offs in the face of global recession fears propped up the safe haven currency. European stocks opened lower and were heading for their worst week in two months, following a rout on Wall Street, Reuters said.…

Asharq Al-Awsat

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Benzinga

Economic Data Scheduled For Friday

U.S. jobs report for April is scheduled for release at 8:30 a.m. ET. Analysts expect nonfarm payrolls rising 400,000 in April, compared with a three-month average growth of 562,000. The unemployment rate is expected to remain unchanged at 3.6% in April. New York Fed President John Williams is set to…

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