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Don't Bury The US Labor Market Just Yet: June Jobs Report Beats Every Forecast
Thursday, July 3, 2025 - 9:09am | 452The official U.S. jobs report for June delivered a surprisingly sharp turnaround from the gloom triggered by ADP private payroll data just 24 hours earlier. Nonfarm payrolls increased by 147,000 in June, the strongest reading so far in 2025, up from an upwardly revised 144,000 in May and well above...
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As Trump Flames Powell For Holding Back On Rate Cuts, Economists Divided On Fed's Approach
Monday, June 9, 2025 - 5:50am | 756After a steady May jobs report that was released Friday, economists are at a crossroads about their view on the monetary policy. While some believe that the Federal Reserve should hold onto its “wait and see” stance, others affirm that the central bank can start cutting interest rates....
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April Jobs Blow Past Expectations, But Tariff Storm May Be Brewing
Friday, May 2, 2025 - 8:43am | 557The U.S. labor market showed signs of strength in April, with hiring momentum topping estimates despite the impact of trade tariffs across industries. Nonfarm payrolls increased by 177,000 last month, slightly down from a downwardly revised 185,000 in March, according to data released Friday by the...
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Dollar Under Pressure: Wall Street Split Widens Ahead Of High-Stakes US Data
Tuesday, April 29, 2025 - 3:46pm | 701Major Wall Street investment banks are divided over how the dollar will move from here, yet much clarity could be just days away as a deluge of key economic data looms. In an outlook shared with clients last week, Wells Fargo's economics team, led by Nick Bennenbroek, expressed a bullish short-term...
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Strong Jobs Report 'On A Day When Good News Doesn't Matter,' Economist Says
Friday, April 4, 2025 - 11:28am | 667While the world focused on escalating global trade tensions, the Bureau of Labor Statistics reported Friday that nonfarm payrolls surged by 228,000 in March, far better than economists’ forecasts of 135,000. Economists are weighing in on the positive jobs report as fears of a global trade war...
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Strong Jobs Report Offers Hope — But Will It Be Enough To Counter Tariff Turmoil?
Friday, April 4, 2025 - 8:50am | 459As Wall Street crumbles from the impact of tariffs, cracks are still not visible in the U.S. labor market, which continues to show resilience and defies investor fears of economic weakness. In March, nonfarm payrolls surged by 228,000, the Bureau of Labor Statistics reported Friday. The outcome is...
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Friday's Jobs Report Could Be Make-Or-Break Moment After Trump's Tariff Shock
Thursday, April 3, 2025 - 3:56pm | 786As newly announced trade tariffs rattle markets, the U.S. labor market stands as the last major pillar of strength in an economy increasingly defined by President Donald Trump‘s policy decisions. The Bureau of Labor Statistics will release the March Employment Situation at 8:30 a.m. ET on...
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President Trump Wants To Replace Income Tax With Tariffs, National Economic Council Director Kevin Hassett Says
Friday, March 7, 2025 - 5:39pm | 485White House National Economic Council Director Kevin Hassett appeared on Bloomberg Television Friday and said that President Donald Trump wants to replace income tax revenue with tariff revenue. “The President believes if we can replace income tax revenue with tariff revenue, we can...
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Markets Breathe 'Sigh Of Relief' As February Jobs Data Shows Economy 'Not Falling Off A Cliff,' Economist Says
Friday, March 7, 2025 - 11:51am | 593February's jobs report released Friday showed the U.S. economy added fewer jobs than expected, while the unemployment rate unexpectedly ticked higher. Experts are weighing in on the report. What To Know: The U.S. economy added 151,000 jobs in February, below market expectations of 160,000, as...
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Unemployment Rate Ticks Higher In February, US Economy Adds Fewer Jobs Than Expected
Friday, March 7, 2025 - 9:54am | 409The February jobs report from the Bureau of Labor and Statistics, released Friday, showed a moderate increase in employment and also a slight increase in the unemployment rate. The U.S. economy added 151,000 jobs in February, up from a downwardly revised 125,000 in January, but below expectations...
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Pivotal Jobs Report Due Friday After Private Payrolls Show 'Hiring Hesitancy'
Thursday, March 6, 2025 - 8:23pm | 483Wall Street is anticipating a pivotal jobs report from the Bureau of Labor and Statistics set to be released Friday morning. Here's a look at what to watch in the report. What To Watch: The BLS will release its Employment Situation report on nonfarm payrolls and unemployment rate on Friday at 8:30...
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Betting Markets Project Strong Jobs Growth, Goldman Sachs Forecasts Slowdown: How Can Traders Profit?
Thursday, January 9, 2025 - 5:23pm | 613Betting markets see December’s nonfarm payrolls coming in much higher than Wall Street economists expect, creating a stark divide between traders betting on strong labor data and forecasts predicting a slowdown in hiring. In a note shared Thursday, Goldman Sachs economist Ronnie Walker...
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November Jobs Report Preview: Will It Seal The Deal For A Fed Interest Rate Cut?
Thursday, December 5, 2024 - 1:25pm | 700Traders are laser-focused on November's jobs data, slated for release this Friday, as one of the last pivotal data points — along with next week's inflation report — that could shape the Federal Reserve’s decision on a potential rate cut at its Dec. 18 meeting. With market odds sitting at...
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Market Volatility Soars Ahead Of Elections, Tech Earnings Mixed, Strikes And Hurricanes Knock Employment Down: This Week In The Markets
Friday, November 1, 2024 - 4:50pm | 671The U.S. stock market experienced a setback at the end of October, breaking a five-month winning streak as election uncertainties and mixed tech earnings dampened risk sentiment. A key measure of market turbulence, the CBOE Volatility Index, or VIX, surged by 34% last month, marking the third-...
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US Economy Adds Only 12,000 Jobs In October, Sharply Misses Estimates As Hurricanes, Strikes Pummel Hiring
Friday, November 1, 2024 - 8:44am | 495The U.S. economy experienced almost no job growth in October as the pace of employment creation slowed to its lowest level since December 2020, according to the official jobs report released Friday. This downturn likely reflects the impact of hurricane disruptions, strikes in manufacturing and...