News

Here comes the July jobs report. The unemployment rate is the ‘main number you have to look at now,’ Fed’s Powell says.

The Federal Reserve won’t cut interest rates until it sees how inflation and job creation respond to higher tariffs. The next ...

Keep an eye on the unemployment rate in July's jobs report

Federal Reserve Chair Jerome Powell repeatedly described the labor market as solid and balanced at his press conference on ...

Trump says the Bureau of Labor Statistics orchestrated a ‘scam.’ Here’s how the jobs report really works

President Donald Trump claimed without evidence that the massive revisions to the latest jobs report constituted a “scam.” ...

Jobs Report: Here’s How Unemployment Has Trended in Recent Years

Today's jobs report is expected to show the unemployment rate inched higher in July to 4.2%, from 4.1% in June. Ahead of the ...

July Jobs Report: Labor Market Momentum Unravels As Revisions Reveal A Weaker Q2

The July jobs report reveals a sharp hiring deceleration with major downward revisions to previous months. Click here to read ...

Black unemployment under Trump reaches its highest rate since the pandemic. Here’s what it could mean

Black workers are often last hired, first fired,” said Angela Hanks, chief of policy programs of The Century Foundation. The ...

Slow US job gains expected in July; unemployment rate forecast rising to 4.2%

U.S. job growth likely slowed in July, with the unemployment rate forecast rising back to 4.2%, but that probably would be ...

Weak Jobs Report Raises Chances of a September Interest Rate Cut

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...

July Jobs Report Renews Rate-Cut Hopes: What the Experts Are Saying

Futures traders have certainly changed their tune on a September rate cut following the July jobs data. According to CME ...

U.S. Job Growth Slowed Sharply, Shifting The Fed's Rate Cut Calculus

U.S. employers added just 73,000 jobs in July and the May and June numbers were revised sharply lower, boosting the chances ...