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As someone who writes about the relationship between labor data, the housing market and the Federal Reserve, I wasn't surprised to see economists positively spin Friday's labor report.
The shape of the US labor market is changing, job growth is slowing and new survey data released Monday shows that Americans are starting to feel increasingly unsettled about it all.. The Federal ...
Why the labor market is “standing over a cliff” The low hiring rate reveals weakness despite low unemployment, says Kathryn Anne Edwards. Per the JOLTS report, openings declined in December.
Employers added 114,000 jobs in July and the unemployment rate spiked to 4.3 percent, reflecting a weaker-than-expected labor market that is stoking fears that interest rates have been too high ...
For the past two years, momentum in the labor market has been stagnant. New hires are trending at levels last seen in 2017. Over the past year, 50% of nonfarm payroll gains have been driven by ...
The U.S. labor market added 256,000 jobs in December, a strong showing at the end of 2024, as the labor market revved up toward the end of the year. The unemployment rate also improved, according ...
Next week, the May jobs report is expected to bring more of the same headlines, as it's anticipated to show the US labor market added 130,000 jobs with the unemployment rate holding steady at 4.2%.
However, there is a limit to the downside on mortgage rates until the labor market breaks, or we get more than 1% rate cuts from the Fed. Let’s put a framework for 2025 in play.
Softer labor markets mean employers have more leverage to pull workers back to the office. That has been a boon for the office sector, especially in tech-heavy metro areas.