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

The job market is cooling as higher interest rates and a slowing economy take a toll

U.S. employers added 236,000 jobs in March as hiring slowed from the previous month. Unemployment dipped to 3.5%, from 3.6% in February.

WEKU

U.S. economy adds 236,000 jobs in March as labor market stays strong

The numbers were roughly in line with what economists expected.

Axios

Are inflation pressures easing? Jobs report may offer clues

For more than a year, the Federal Reserve’s inflation fighters have been tightening their grip on the American economy with nine straight interest rate hikes

The Independent UK

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Are These 3 Stocks Worth Buying as U.S. Employment Rates Are Set to Report Friday?

While the employment report set to release on Friday might show a slowing pace of employment growth, it could be opportune to load up on staffing service stocks Heidrick & Struggles International (HSII), Resources Connection (RGP), and DHI Group (DHX) at attractive valuations to capitalize on gains when the tide…

StockNews.com

March Jobs Report: What to Expect

The next jobs report is forecast to reveal a steep slowdown in payrolls growth.

Kiplinger

US job openings slip to 9.9 million in February

U.S. job openings slipped to 9.9 million in February, fewest since May 2021 and a sign that the job market may be starting to cool, which would be welcome news for the inflation fighters at the Federal Reserve

The Independent UK

America's unemployment could be much higher than it seems

America's layoff situation isn't adding up. New government data reveals that the number of unemployed Americans could be much higher than it seems.

Fortune

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More Americans file for jobless claims; layoffs remain low

U.S. applications for jobless benefits rose last week but remain at historically low levels despite the Federal Reserve’s efforts to cool the economy and job market in its fight against inflation

The Independent UK

Low-wage workers' income soared over the past three years

Even after adjusting for inflation.

Axios

5 key takeaways from the February US jobs report

The American job market has once again confounded expectations

The Independent UK

February's jobs data has something for everyone

Goldilocks can take a bow.

Axios

US economy exceeds expectations and adds 311,000 jobs

A hot employment market is good news for some but some Democrats fear that it will incentivize the Federal Reserve to raise interest rates.

The Independent UK

The job market slowed last month, but it's still too hot to ease inflation fears

U.S. employers added 311,000 jobs in February, only a modest slowdown from the previous month, indicating the labor market remains hot. The unemployment rate rose to 3.6% from 3.4% in January.

WEKU

U.S. economy adds 311,000 jobs in February

The unemployment rate edged up to 3.6% from 3.4% — still historically low.

Axios

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The Guardian - US

US hiring boom continued in February with 311,000 added jobs

Number is lower than January’s 504,000 jobs but comes as Fed signals aggressive interest rate hikes in bid to tame inflation

Tribune News Service

US job openings drop to 10.8 million but are still too high for Fed

Vacancies at U.S. employers retreated at the start of the year but remained historically elevated, highlighting persistent labor tightness that supports a higher level of interest rates from the Federal Reserve.

Miami Herald

The Week Ahead: Looking for resilience and revisions in the latest employment numbers

There has been no winter chill in the American job market. Companies created more than a half million new jobs to begin the year. And there were 11 million vacant job openings in December. The latest employment data will be in focus in the week ahead.

Tribune News Service

US jobless claims edge lower in sign of strong labor market

Applications for U.S. unemployment benefits eased last week and a measure of labor costs remained firm in the closing months of 2022, highlighting a tight job market that’s contributing to inflationary pressures.

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Fortune

The job market is incredibly hot, but a new report from LinkedIn shows it could be headed for a slowdown

“Companies have started to tighten their belts and take a more judicious approach to recruiting,” Rand Ghayad, head of economics at LinkedIn, says.

Tribune News Service

US jobless claims pick up for the first time in six weeks

Applications for U.S. unemployment benefits rose for the first time in six weeks but remained historically low, underscoring the resilience of the job market despite mounting economic uncertainty.

Fortune

The blowout jobs report could have just changed the whole year for markets, according to Goldman’s chief economist

Robust job growth is great news for the economy, but really changes the Fed’s plans.

ABC News

ASX slips despite Newcrest takeover boost as traders worry about interest rate rises — as it happened

The ASX followed Wall Street's interest-rate-inspired decline, despite receiving a big boost from takeover target Newcrest. See how the day's events unfolded with insights from our business reporters and market experts.

The Independent UK

State of the Union: Biden sees economic glow, GOP sees gloom

Going into Tuesday’s State of the Union address, President Joe Biden sees a nation with a glowing economic future

Fortune

Employers are suffering from ‘pandemic paranoia’ and they’re scared to let go of workers, according to a global staffing firm

“Pandemic paranoia has set in with employers who remember how hard it was to bring back workers,” Becky Frankiewicz, president of ManpowerGroup, says.

The Independent UK

Watch: Biden and Harris give update on US jobs and economy

Joe Biden and Kamala Harris delived an update on the current state of the US economy and job developments.

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