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The Latest Breaking News on Jobs Growth Slowed Sharply in October: What the Experts Are Saying

Stock Market Today: Stocks Close Lower After June Jobs Report

Friday marked a choppy session for stocks as investors mulled over a mixed June jobs report.

Kiplinger

The job market is cooling but still surprisingly strong. Is that a good thing?

U.S. employers added 209,000 jobs in June. That's a solid number, but fewer than the month before. Here are the 5 things we took away from the report.

WEKU

A celebrated jobs miss on Wall Street: Cooler labor market allays fears over red-hot payrolls as White House crows of ‘Bidenomics in action’

Slow and steady wins the race, and a 209,000 jobs number that missed expectations was actually sweet music for the Street.

Fortune

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Employers slowed hiring but still added a solid 209,000 jobs in June in sign of economy’s resilience

The June hiring figure showed a small increase, but many companies like Rockford-based firm Fehr Graham are still looking to staff up.

Chicago Sun-Times

US economy adds 209,000 jobs, unemployment rate stays the same

The economy adds fewer jobs than expected in June as President Joe Biden touts ‘Bidenomics’

The Independent UK

US economy adds 209,000 jobs in June as hiring slows

Rise was lower than the 240,000 jobs economists had expected though job market remains robust

The Guardian - US

The job market's pain-free rebalancing

The labor market is entering a sweet spot, with the tightness of 2021 and 2022 dissipating and workers seeing abundant opportunities.

Axios

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Summer of strikes heats up

The number of workers on strike so far this year is nearly double that of last year.

Axios

U.S. workforce data is behind the times. It's time to measure what matters most to the American people

Statistics can make even the most precarious jobs look like success stories if it only takes quantity into account and ignores job quality.

Fortune

Stock Market Today: Stocks Soar After Jobs Data, Debt Ceiling Deal

The major benchmarks rallied hard into the weekend after a mixed May jobs report and end to debt ceiling drama.

Kiplinger

US hiring jumped last month. So did unemployment. Here’s what that says about the economy.

The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs. Yet there were some mixed messages in the jobs figures as the unemployment rate rose to 3.7%.

Chicago Sun-Times

May Jobs Data Reveals Employment Boom, Steady Wage Growth, Putting The Fed On The Fence

The employment growth has remained robust in the Month of May as the U.S. index remains unchanged.

Zenger

US jobs market remains strong despite high interest rates and debt ceiling fight

US adds 339,000 jobs in May, surpassing forecasts, as unemployment rate increases slightly to 3.7%

The Guardian - US

US jobless claims rise to highest since October 2021 in sign labor market is cooling

WASHINGTON: Applications for US unemployment benefits rose to the highest level since October 2021, adding to evidence that the labor market is gradually cooling.

The Times of India

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The Independent UK

Biden hopes strong job market means soft landing for economy

For President Joe Biden, the past few days have raised hopes that the U.S. economy can stick a soft landing—possibly avoiding a recession as the 2024 election nears

Fortune

Harvard economist says more interest rate hikes could be coming after a strong jobs report

Yet another strong jobs report is pushing some economists to say the economy could weather more Fed interest rate hikes.

The Guardian - US

US employers added 253,000 jobs in April showing jobs market remains robust

April broke downward trend in growth of labor market, which has been slowing over the last few months

The Independent UK

April jobs report may point to US labor market's resilience

Month after month, the nation’s job market has stood its ground against howling headwinds — rising interest rates, chronic inflation, major bank failures and economic uncertainties across the world

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The Independent UK

US unemployment claims tick up to 245,000, but still low

The number of Americans applying for unemployment benefits rose last week but remains low by historic standards

Axios

White House economists: There isn't a "missing worker" problem anymore

It looks as if it simply took time for potential workers to match up with jobs and return to the labor force after the pandemic, White House economists argue.

Barchart

Stocks Set to Open Lower as Investors Await FOMC Minutes, Inflation Data

June S&P 500 futures (ESM23) are down -0.21%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.34% this morning as market participants assessed recent labor market data while awaiting the release of U.S. inflation data and the minutes of the Federal Reserve’s latest policy meeting.

The Independent UK

Biden took jobless rate to 3.5%, but for how much longer?

President Joe Biden keeps seeing good economic news and bad public approval ratings

Kiplinger

Jobs Report Shows Pace of Hiring Slowed in March: What the Experts Are Saying

The jobs report showed the lowest level of hiring in more than two years.

Barchart

Where the S&P 500 Looks to Go from Here

Based on a solid first quarter, the S&P 500 looks to be on track for a continued rally over the course of 2023. This fits with its long-term technical picture as well.

The Guardian - US

US adds 236,000 jobs in March as labor market weakens

March saw fewer jobs added to economy compared with February as effects of Fed’s interest rate increases are felt

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